AI
Trump’s Gas Agenda
Daily Standup Top Stories Trump Energy Agenda Will Have A Heavy Natural Gas Focus November 26, 2024 Clark Savage ENB Pub Note: This article is from David Blackmon on Forbes. I agree with David on his […]
Oilfield Service
Big Oil Companies
Exxon: Don’t Expect ‘Drill, Baby, Drill’ Under Trump
U.S. shale producers, including ExxonMobil, are prioritizing financial stability and shareholder returns over aggressive drilling expansion despite political encouragement. President-elect Trump’s pro-energy agenda contrasts with the industry’s current focus on disciplined growth and resilience to […]
Crude Oil News
Pemex suspends work for Paratus jackup
Paratus John Fredriksen-backed Paratus Energy Services has received a suspension notice for one of its jackup rigs working for Pemex offshore Mexico. The Oslo-listed Paratus said that the jackup Courageous would temporarily cease operations for […]
International News
Seatrium and Cochin Shipyard form jackup rigs tie-up
Keppel Singapore shipyard group Seatrium has joined forces with Indian builder Cochin Shipyard in the offshore sector. The two yards have entered into a memorandum of understanding on the supply and design of equipment for […]
ENB Daily Standup
Sustainable Drill Growth
Daily Standup Top Stories Drill, Baby, Drill’ Hits Wall of Capital Restraint – More like Drill Baby Drill when fiscally responsible! November 13, 2024 Clark Savage Trump will encounter a very different mindset of shale industry […]
Crude Oil News
“I couldn’t be more thrilled by president-elect Donald Trump’s victory,” said Continental Resources founder Harold Hamm.
The FT writes, US oil execs are eagerly awaiting Trump’s expected rollback of environmental regulations, but despite the president’s pledge to “drill, baby, drill,” production is unlikely to increase significantly during his second term in […]
Crude Oil News
U.S. Drilling Activity Going Nowhere Baker Hughes Data Shows
The total number of active drilling rigs for oil and gas in the United States saw no change this week, according to new data that Baker Hughes published on Friday, after holding steady in the week […]
Crude Oil News
Goldman Sachs Sees Limited Upside for Oil Prices in 2025
Goldman Sachs predicts average oil prices of $76 per barrel in 2025 due to sufficient global spare capacity. The forecast sees limited upside potential due to high spare capacity and potential trade tariffs. Despite undisrupted […]
Crude Oil News
U.S. Drilling Activity Stumbles As Prices Remain Volatile
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 1 […]
Exploration and Production
Transocean scoops $193m drillship contract in US Gulf
Swiss-based offshore drilling giant Transocean has secured a one-year contract with an undisclosed operator in the US Gulf of Mexico for its ultra-deepwater drillship Deepwater Conqueror. The New York-listed operator of 34 floaters said the […]