Crude Oil News
Oil’s Uncertain Future
Daily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being […]
Oilfield Service
Crude Oil News
Oil Is Not Out of the Woods Yet
Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […]
International News
Maersk Supply Service orders newbuild for Cenovus’ Canadian oilfield
Danish offshore energy contractor Maersk Supply Service has been awarded a contract by Canadian oil and natural gas company Cenovus Energy for a field support vessel to support operations in the White Rose field. According […]
Crude Oil News
UBS: Francine May Have Disrupted 1.5 Million Barrels of U.S. Crude
Analysts at Wall Street bank UBS estimate that hurricane Francine may have disrupted up to 1.5 million barrels of U.S. crude production. The Weather Channel expects Hurricane Francine to “continue to weaken as it tracks […]
Crude Oil News
Transocean clinches $232m drillship deal with BP
Swiss-based offshore drilling giant Transocean has won a 365-day contract for one of its ultra-deepwater drillships. The contract was awarded by energy major BP to the 2022-built Deepwater Atlas which will work in the US […]
Crude Oil News
Chevron Pulls Workers From Offshore Oil Platforms As Tropical Storm Nears
Chevron announced that non-essential employees and contractors have been pulled from four platforms in the US Gulf of Mexico ahead of a tropical storm. Potential Tropical Cyclone Six, or Invest 91L, churns in the southwestern Gulf […]
Crude Oil News
It’s Spreading: America’s Top Oil Field Terrorized By Armed Venezuelan Gangs
It’s only going to get worse from here, as the Biden-Harris administration’s disastrous open border policies have now come to a ‘neighborhood near you’ (for some of you). In the past week, we saw armed Venezuelan prison gang Tren de […]
Exploration and Production
Noble wraps up Diamond Offshore acquisition
Offshore drilling giant Noble Corporation has completed the acquisition of US offshore rig owner Diamond Drilling, after getting the final permit earlier this week. Noble said that the transaction, valued at around $2.1bn, enhances its […]
Crude Oil News
U.S. Oil, Gas Drilling Activity. Oil Production Slip
The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday. The total rig count fell by […]
Crude Oil News
Oil Rigs are where they were around COVID
ENB Pub Note: This article is from Jeff Krimmel, LinkedIn. He has been a guest on the podcast with Michael Tanner on the Deal Spotlight, and we recommend following Jeff HERE: https://www.linkedin.com/in/jeffkrimmel/ US drilling rig […]