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International News

Baker Hughes scores ‘major LNG order’ for QatarEnergy’s NFS project

April 3, 2023 Mariel Alumit

Home Clean fuel Baker Hughes scores ‘major LNG order’ for QatarEnergy’s NFS project Baker Hughes has received an order from QatarEnergy to supply two main refrigerant compressors (MRCs) for the North Field South (NFS) project. […]

Crude Oil News

Westwood: UK’s windfall tax puts oil and gas investments at risk, with domino effect on North Sea rig demand

March 24, 2023 Mariel Alumit

Home Fossil Energy Westwood: UK’s windfall tax puts oil & gas investments at risk, with domino effect on North Sea rig demand After the UK made changes to the UK Energy Profits Levy (EPL), increasing […]

Crude Oil News

U.S. raises the offshore rig count ante

March 20, 2023 Mariel Alumit

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States was on the upswing last week with three units added to the mix. The total number of rigs […]

Imports

DUH demands immediate halt to construction as work begins on Baltic Sea LNG terminal

March 20, 2023 Mariel Alumit

Home Clean fuel DUH demands immediate halt to construction as work begins on Baltic Sea LNG terminal Deutsche Umwelthilfe e.V. (DUH), a non-profit environmental and consumer protection association, has filed an objection demanding an immediate […]

Crude Oil News

US Shale Drillers Are Ready to Weather Any Downturn

March 18, 2023 Mariel Alumit

​US shale explorers are well prepared to manage a potential credit crisis after piling up cash and paying down most of their debt, according to private equity firm Kimmeridge Energy Management Co. “I don’t think […]

Exploration and Production

Another three firms secure work for Angolan oilfield project

February 28, 2023 Mariel Alumit

Following the award of three contracts for the project announced earlier today, Azule Energy, a joint venture between BP and Eni, has selected another three companies for work at the Agogo field development project offshore […]

Crude Oil News

First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico

February 18, 2023 Mariel Alumit

Home Fossil Energy First oil flows from Shell’s deepwater project in U.S. Gulf of Mexico UK-headquartered energy giant Shell has brought on stream a deepwater project in the U.S. Gulf of Mexico (GOM), which has […]

UK
International News

UK well construction cementing firm changes hands

February 12, 2023 Mariel Alumit

UK-headquartered energy services provider Expro is acquiring compatriot well construction cementing firm DeltaTek Global in order to broaden its offering, capabilities and technology portfolio. According to Expro’s Chief Technology Officer Steve Russell, the acquisition will expand […]

EnergyNews

U.S. Drillers Cut the Most ‘Gas’ Rigs in a Week Since 2017

February 11, 2023 Mariel Alumit

​U.S. energy firms cut the number of natural gas rigs by the most in a week since October 2017, while adding the most oil rigs in a week since June, energy services firm Baker Hughes […]

Crude Oil News

U.S. rig count outlook cut by Raymond James on low natural gas prices

February 11, 2023 Mariel Alumit

​ Raymond James trims its 2023 U.S. rig count forecast to 750 from 813 on lower natural gas prices; lowers PT of some of the oilfield services companies. U.S. natural gas futures fell by 40% […]

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