May 2018 - Page 7 of 10

Best Time To Drill Is Now! | OutPut by Rig Lynx

May 11, 2018

Brought to you from Output byÂ Rig LynxÂ â€“Â Energy intelligence group Westwood feels that now is the best time to explore for oil and gas in the last decade. In an article written as an introduction to its State of Exploration report, Westwood said renewed optimism was the theme for exploration in 2018, driven by higher oil prices and improving

Maersk Drilling Sale in 2018? | OutPut by Rig Lynx

May 11, 2018

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Brought to you from Output byÂ Rig LynxÂ â€“Â Danish shipping giant Maersk Group might not sell its drilling division Maersk Drilling in 2018, as previously planned. According to aÂ Reuters report on Wednesday, the Danish company which has so far offloadedÂ Maersk OilÂ andÂ MaerskÂ Tankers might wait some more with the divestment of its offshore drilling business. There have been talks of a potential

Houston Jobs â€“ Gas Price Driven? | OutPut by Rig Lynx

May 10, 2018

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Brought to you from Output byÂ Rig LynxÂ â€“Â Ed Hirs, UH Energy Fellow and lecturer says the city of Houston stands to gain from higher gas prices. That usually translates into additional jobs and greater investments in oil and gas industries. __________________________________________________________ Connect with the next generation of oil and gas here Download our free app â€“Â Rig LynxÂ ________________________________________________________ There are great views of

40,000 People Needed in 17 Years? | OutPut by Rig Lynx

May 10, 2018

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Brought to you from Output byÂ Rig LynxÂ â€“Â The UK oil and gas industry will likely need to recruit more than 40,000 new people from now to 2035 to offset natural attrition and ensure the sector can support Vision 2035 and the broader energy diversification agenda, according to a new report by global energy skills body Opito. The UKCS Workforce

Two Days of New-build Action? Transocean bags 33.3% of West Rigel-Harsh Environment Semi | OutPut by Rig Lynx

May 10, 2018

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Brought to you from Output byÂ Rig LynxÂ â€“Â Offshore driller Transocean has bought a 33.3% interest in theÂ West Rigel, a newbuild harsh environment semi-submersible rig built by a Sembcorp Marine yard for a subsidiary of Seadrill. The interest has been bought through a joint venture with funds managed and/or advised by Hayfin Capital Management (Hayfin), Transocean said on Wednesday. Transocean added

Frack To The Max, Refineries Not Designed For This Capacity | OutPut by Rig Lynx

May 9, 2018

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Brought to you from Output byÂ Rig LynxÂ â€“Â U.S. shale is growing so quickly that it is presenting new challenges for refiners. The quality and type of the oil mix, particularly in the U.S., is changing because of the gusher of oil coming from West Texas. For years prior to the shale revolution, refiners made large investments into downstream assets

Is 80$ BBL May Potential? | OutPut by Rig Lynx

May 9, 2018

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Brought to you from Output byÂ Rig LynxÂ â€“Â After two months of an almost uninterrupted increase, crude oil is set for even more volatility on a string of political events that could see it either touch US$80 or even higher by the end of June or, conversely, slump to deep lows again. President Donald Trump will start unwinding the string

Bargain for Northern Bagging Two Cancelled Ships | OutPut by Rig Lynx

May 9, 2018

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Brought to you from Output byÂ Rig LynxÂ â€“Â John Fredriksenâ€™s new offshore investment vehicle Northern Drilling has entered into agreements with South Koreaâ€™s DSME to acquire newbuild ultra-deepwater drillships West Aquila and West Libra for $296m each. Delivery of the vessels is scheduled for January and March 2021, although a flexible schedule allows for the option to take delivery earlier. __________________________________________________________ Connect

The Next Big Trend In Offshore Oil & Gas | OutPut by Rig Lynx

May 7, 2018

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Brought to you from Output byÂ Rig LynxÂ â€“The offshore sector will increasingly focus on natural gas instead of oil over the next few decades, while policy support and technology improvements could also see offshore investment shift in favor of wind power. However, in the short run, offshore drilling is set for a resurgence. The oil market downturn in 2014

Banker and Oil Prices, Wrong Combination | OutPut by Rig Lynx

May 7, 2018

| Archives

Brought to you from Output byÂ Rig LynxÂ â€“Â In recent weeks Iâ€™ve commented on the powerful bullish forces that have combined in oil and oil stocks and your need to increase your exposure to them. So, before going on to other topics, this has to be the start of any column until further notice, despite the weakness in stock

Month: May 2018

Best Time To Drill Is Now! | OutPut by Rig Lynx

Maersk Drilling Sale in 2018? | OutPut by Rig Lynx

Houston Jobs â€“ Gas Price Driven? | OutPut by Rig Lynx

40,000 People Needed in 17 Years? | OutPut by Rig Lynx

Two Days of New-build Action? Transocean bags 33.3% of West Rigel-Harsh Environment Semi | OutPut by Rig Lynx

Frack To The Max, Refineries Not Designed For This Capacity | OutPut by Rig Lynx

Is 80$ BBL May Potential? | OutPut by Rig Lynx

Bargain for Northern Bagging Two Cancelled Ships | OutPut by Rig Lynx

The Next Big Trend In Offshore Oil & Gas | OutPut by Rig Lynx

Banker and Oil Prices, Wrong Combination | OutPut by Rig Lynx

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