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Month: July 2019

3 new expansions at Houston Terminal will raise capacity from 660k bpd to 1.1 bpd due to demand

July 9, 2019
| Archives

Enterprise Products Partners L.P. announced three additional expansion projects that will increase the partnership’s capacity to load liquefied petroleum gas (“LPGâ€), polymer grade propylene (“PGPâ€) and crude oil from its Enterprise Hydrocarbon Terminal (“EHTâ€) on the Houston Ship Channel. Currently, Enterprise’s nameplate LPG loading capacity is approximately 660,000 barrels per day (“BPDâ€). Previously, Enterprise announced a project to

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Constellation bags a two year contract with Petrobras for the 6th Gen Drillship the Laguna Star

July 8, 2019
| Archives

Petrobras signs until the end of this month the charter agreement for the Laguna Star drillship, which will operate exclusively for the BM-S-11 project in the Santos Basin cluster. The directors of Shell and Petrogal – partners of the Brazilian oil company in the BM-S-11 consortium – have approved the contracting of the Constellation equipment, and the

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Popular News – Top 5 from this past week!

July 8, 2019
| Weekly Rundown

Below are our top 5 articles for the week of July 1 – July 7! #1 with 3,429 views Two killed on Shell’s Auger TLP #2 with 268 views Shelf bags two years worth of work with Chevron for the Scepter #3 with 242 views For the oilfield service industry its survival of the one who can cut back the most… #4 with 210

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Oil Tanker Seized by British Forces

July 6, 2019
| Archives

When British Royal Marines helped seize an oil tanker off the southern tip of Spain on Thursday, they opened up a legal wrangle that could drag on for months. The Grace 1, a supertanker able to haul 2 million barrels of crude, was arrested in the early hours of July 4 because Gibraltarian authorities said they had grounds to believe

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Shelf bags two years worth of work with Chevron for the Scepter

July 6, 2019
| Archives

Shelf Drilling, Ltd. announced that it has secured a contract for the Shelf Drilling Scepter jack-up rig with Chevron Thailand Exploration and Production, Ltd. (“Chevronâ€) for operations in the Gulf of Thailand. The contract is expected to commence in Q1 2020 and run until Q2 2022 and includes a one-year option. David Mullen, Chief Executive Officer, Shelf Drilling,

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Interpol “Red Notice†issued for the arrest of Pemex ex-CEO

July 6, 2019
| Archives

Mexico’s attorney general’s office said on Friday that a judge issued arrest warrants for the former chief executive of state oil firm Pemex, Emilio Lozoya, three of his family members and one other person, in a graft case involving Brazilian builder Odebrecht. The Finance Ministry said in May that it presented the attorney general’s office with three charges against

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Valaris, EnscoRowan’s ambition to be “Boldly First†in the industry

July 3, 2019
| Archives

Ensco Rowan plc announced that it will change its name to Valaris plc, effective July 31, 2019. Following its name change, the Company’s ordinary shares will trade under the new ticker symbol VAL. The name Valaris was selected following a comprehensive process that included participation from the Company’s employees around the world, feedback from customers and other market

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Maersk bags one well deal with Edison in Egypt

July 2, 2019
| Archives

Edison E&P has signed on the Maersk Discoverer to drill an exploration well in the North Thekah gas field. The contract is expected to commence in Q4 this year and includes an additional one-well option. The Discoverer is a KFELS/MSC DSS 21 designed 6th generation dual activity semi-submersible that was put into service in 2009. Bassoe estimates the

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