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Texas Upstream Employment Grows

Industry Headlines

Texas Upstream Employment Grows Share your comments
Thursday, September 23, 2021Upstream oil and gas employment in Texas grew.

Citi Not Ruling Out $100 NatGas Share your comments
Thursday, September 23, 2021Citigroup Inc. more than doubled its Asian and European natural gas forecasts for next quarter.

Black Sea Oil & Gas Installs Gas Platform Off Romania Share your comments
Thursday, September 23, 2021Black Sea Oil & Gas installs the Ana offshore production platform as part of its Midia Gas Development Project.

Oil Holds Near 2-Month High Share your comments
Thursday, September 23, 2021Oil held near its highest close in almost two months on signs that stockpiles globally are declining amid a global energy crunch ahead of the crucial winter demand period.

VIDEO: Time-Lapse Of JLS Beam Installation On Pioneering Spirit Share your comments
Thursday, September 23, 2021Watch a time-lapse video of the installation of the jacket lift system main beams on the massive heavy lift, decommissioning, and construction vessel, the Pioneering Spirit.

Equinor Spins Drill Bit At Egyptian Vulture Well Share your comments
Thursday, September 23, 2021Norwegian oil and gas major Equinor has spudded the Egyptian Vulture exploration well in the Norwegian Sea.

OPEC Nations Warn of Oil Market Turbulence Share your comments
Wednesday, September 22, 2021As the global natural gas crunch hits suppliers and consumers alike, OPEC nations are warning of the knock-on impact for oil markets.


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Exploration

Great Interest in Latest Norway License Round Share your comments
Friday, September 17, 2021There has been great interest in the Norwegian continental shelf during the country's latest licensing round, according to Norway's Ministry of Petroleum and Energy.

First Exploration Well for North Sea Company Drilled Share your comments
Thursday, September 16, 2021Longboat Energy has announced that drilling has commenced at Rodhette, the company's first exploration well.

Significant Onshore Australia Gas Discovery Made Share your comments
Wednesday, September 08, 2021Mineral Resources Limited revealed that recent drilling activity led to a 'significant' gas discovery at the Lockyer Deep 1 project in the onshore Perth Basin, Australia.

BW Energy's Gabon Oil Find Volumes Disappoint Share your comments
Friday, September 03, 2021BW Energy has stated that preliminary results from its Hibiscus North exploration well off Gabon were not as good as it hoped but that there was an upside to it as well.

Carnarvon Petroleum Picks Valaris Rig for Buffalo-10 Well Share your comments
Thursday, September 02, 2021Carnarvon Petroleum hires the Valaris JU-107 jack-up for drilling of the Buffalo-10 well offshore Timor-Leste.

Borr Drilling Scores More Deals for Jack-up Fleet Share your comments
Thursday, September 02, 2021Borr Drilling finds work for one of its jack-up drilling rigs, increasing the number of contracted rigs to 15.


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Production

Key Members Say OPEC+ Can Keep Reviving Supply Share your comments
Tuesday, September 21, 2021OPEC and its allies can likely continue reviving oil production, two key Middle East members said as the group prepares to consider its next supply hike.

Is Gulf of Mexico Production Still Shut In? Share your comments
Monday, September 20, 2021Rigzone looks at the Bureau of Safety and Environmental Enforcement's latest production status data for the Gulf of Mexico.

GOM Oil Output at 60 Percent Share your comments
Wednesday, September 15, 2021The slow-but-steady restoration of oil production in the Gulf of Mexico is continuing.

Halliburton Selected for Offshore Israel Campaign Share your comments
Wednesday, September 15, 2021Halliburton Company (NYSE: HAL) has been awarded an integrated services contract to execute a three to five well drilling and completions campaign for Energean.

How Much Gulf of Mexico Production is Still Offline? Share your comments
Monday, September 13, 2021The Bureau of Safety and Environmental Enforcement publishes its latest production estimates following Ida.

Libya Oil Output at Risk Again Share your comments
Friday, September 10, 2021Libya's oil production is in danger of slumping again, as a political power struggle threatens to end a period of relative stability.


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Finance and Investing

Lightsource BP Secures $1.8B Credit Facility Share your comments
Wednesday, September 22, 2021Lightsource bp has secured a new $1.8 billion revolving credit facility and trade finance facility.

Adnoc Raises Drilling IPO Size to $1.1B Share your comments
Wednesday, September 22, 2021Abu Dhabi National Oil Co. increased the size of its drilling unit's initial public offering amid heavy demand for shares in what is likely to be the emirate's biggest listing in at least four years.

Diamondback Rises After Accelerating Returns Share your comments
Friday, September 17, 2021Diamondback Energy Inc. rose in after-hours trading after pledging to accelerate cash returns to shareholders in the fourth quarter.

Gunvor to Tap Bond Market for First Time Since 2013 Share your comments
Thursday, September 16, 2021Gunvor Group Ltd. is seeking a return to the bond market for the first time in eight years.

ACWA Plans $1.2B Offer in Biggest Saudi IPO Since Aramco Share your comments
Tuesday, September 14, 2021ACWA Power International is set to raise up to 4.55 billion riyals ($1.2 billion) in what would be the biggest offering in Riyadh since Saudi Aramco's listing.

Adnoc Drilling to Raise $750MM From Abu Dhabi IPO Share your comments
Monday, September 13, 2021Abu Dhabi National Oil Co. is seeking to raise about $750 million from its drilling unit's IPO, in what would rank among one of the largest share sales in the United Arab Emirates.


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Company Operations

Saipem and Aramco Sign MOU for Potential New Co Share your comments
Wednesday, September 22, 2021Saipem has revealed that it and Saudi Aramco have signed a Memorandum of Understanding.

Oil Trader Vitol Jumps into EV Fleet Business Share your comments
Wednesday, September 22, 2021Vitol Group, the world's biggest independent oil trader, is jumping into the electric-vehicle fleet business.

Subsea 7 Secures Sizeable Norwegian Sea Deal Share your comments
Wednesday, September 22, 2021Subsea 7 has revealed that it has been awarded a 'sizeable' contract by OneSubsea for a project at the Ormen Lange field.

Shell and ConocoPhillips in $9.5B Permian Deal Share your comments
Tuesday, September 21, 2021Royal Dutch Shell plc (NYSE: RDS.A) has announced that its subsidiary, Shell Enterprises LLC, has reached an agreement for the sale of its Permian business to ConocoPhillips (NYSE: COP) for $9.5 billion in cash.

Island Offshore Digitizing Entire Fleet Share your comments
Monday, September 20, 2021Island Offshore has announced that it has signed a contract with Kongsberg Digital for the delivery of the Vessel Insight infrastructure solution.

Energy Titans Support Exxon Gulf Coast Carbon Hub Share your comments
Friday, September 17, 2021An ambitious project aimed at capturing millions of tons of carbon emissions along the U.S. Gulf Coast in Texas garnered the support of some of the world's biggest refiners and chemical manufacturers.


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