August 2019 - Page 5 of 5

Australia just opened up 120,000 sq km for offshore oil and gas exploration

August 2, 2019

The Australian Government has released over 120,000 square kilometres of acreage to be explored by oil and gas companies. The 2019 offshore petroleum acreage release comprises a record 64 areas, the largest since 2000 and will be released for a single round of work program bidding. It marks the first release of acreage under a new streamlined system that

Canada adds 10 rigs this week and the U.S. drops 4 more

August 2, 2019

| Weekly Rig Count

Baker Hughes Rig Count: U.S. -4 to 942 rigs U.S. Rig Count is down 4 rigs from last week to 942, with oil rigs down 6 to 770, gas rigs up 2 to 171, and miscellaneous rigs unchanged at 1. U.S. Rig Count is down 102 rigs from last yearâ€™s count of 1,044, with oil rigs down 89, gas

Seadrill receives early termination for the West Vencedor

August 2, 2019

| Archives

Seadrill Partners LLC has received an early termination notice for the West Vencedor contract offshore Cote dâ€™Ivoire prior to its commencement which was expected in Q3 2019.Â The unit had recently completed its work in Myanmar and will now stay in Southeast Asia to be marketed for additional opportunities. Seadrill Partners is expected to receive a lump sum

RigNet lands contracts with T-Mobile and Transocean

August 1, 2019

| Archives

T-Mobile announced itâ€™s the first major wireless provider to launch LTE coverage in the Gulf of Mexico, changing the game for offshore businesses and consumers alike. Working with RigNet, Inc., a global provider of secure, intelligent networking solutions, T-Mobile now covers more than 60,000 square miles of the Gulf â€“ an area larger than the state of

Amazon taps India O & G major for brick and mortar venture

August 1, 2019

| Archives

Amazon is in exploratory talks with Reliance Retail to acquire up to 26% in the countryâ€™s largest brick and mortar retailer, two senior industry executives said. However, they made it clear that there is no certainty that the initial discussions will result in any deal.Â Talks began after Relianceâ€™s negotiations with Chinaâ€™s Alibaba Group to sell a

Month: August 2019

Australia just opened up 120,000 sq km for offshore oil and gas exploration

Canada adds 10 rigs this week and the U.S. drops 4 more

Seadrill receives early termination for the West Vencedor

RigNet lands contracts with T-Mobile and Transocean

Amazon taps India O & G major for brick and mortar venture

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