April 2021 - Page 9 of 10

Angola looks at $64 billion in planned oil and gas investments over next 5 years

April 5, 2021

According to the National Agency of Oil, Gas and Biofuels (ANPG), planned investments for currently active oil concessions will amount to approximately $67.4 billion over the next five years – of which state-owned Sonangol will account for $16.8 billion. Speaking at the “Forum on Business Opportunities in Angola in Mining, Oil and Gas” in Luanda, Dr. Eng. Belarmino

Seadrill asks for over 85% debt write off

April 5, 2021

| Archives

Offshore drilling rig contractor Seadrill has asked creditors to write off more than 85% of its debts in exchange for a 99% stake in the reorganized company, a court filing showed. The Oslo-listed firm controlled by Norwegian-born billionaire John Fredriksen in February filed for Chapter 11 bankruptcy protection in the United States, the second time it has done

Pioneer buying DoublePoint Energy LLC for $6.4 billion

April 5, 2021

| Archives

Pioneer Natural Resources Co. is buying DoublePoint Energy LLC in a deal valued at $6.4 billion, less than three months after completing its purchase of fellow shale driller Parsley Energy Inc. as it expands in the U.S. Permian Basin. The deal is comprised of approximately 27.2 million shares of Pioneer common stock, $1 billion of cash and assumption

Eni & Sonatrach, Elton Group & Port of Dakar, Mozambique, PGS Offshore Egypt WEST AFRICA WEEKLY EP 9

April 5, 2021

| West Africa Weekly

Listen to "EP 9: Eni and Sonatrach, Elton Group and Port of Dakar, Mozambique, PGS Offshore Egypt" on Spreaker. Join Greg and Arvy for another episode of West Africa Weekly! This week they talk about: -Oil Prices -Eni and Sonatrach -Elton Group and Port of Dakar -Issues in Mozambique -PGS Survey Work Offshore Egypt SUBSCRIBE TO THE PODCAST: https://www.spreaker.com/show/west-africa-weekly LISTEN ON: ITUNES: https://podcasts.apple.com/us/podcast/west-africa-weekly/id1547856250 SPOTIFY: https://open.spotify.com/show/6PLPUWNRFumBHcJzUIQSps YouTube: https://www.youtube.com/c/RigLynx ADD US ON: LINKEDIN: https://www.linkedin.com/company/rig-lynx ADD US

Robots and Rigs, New Mexico, EverGiven, Permian, NFL 17 Games, River Monsters OVERTIME EP 15

April 5, 2021

| OVERTIME

Listen to "Ep 15: Robots on the Rig, New Mexico focal point, Ever Given, Permian rig count, NFL 17 Game season and River Monsters" on Spreaker. Join Greg and Ryan for another episode of Overtime Live! -Oil Prices -Permian Adds Rigs for 5th Straight Week -Robots on the Rigs -Ever Given -New Mexico Continue to be a Focal Point -NFL 17 Game Season -10’ Long River Monster We are sponsored

International Rig Count Up 14 Units in March

April 4, 2021

| International Rig Count

Baker Hughes issued their international rig count data, here is the breakdown: The international rig count for March was 715, up 14 units from the count in February and down 344 units from the 1,059 counted in March 2020. Latin America is unchanged from the February count of 125 units and is down 44 units year-over-year. The Asia-Pacific region is up 9 units from the

North America Rig Count: U.S. up 13 and Canada down 12

April 1, 2021

| Weekly Rig Count

Baker Hughes Rig Count: U.S. +13 to 430 rigs U.S. Rig Count is up 13 from last week at 430 with oil rigs up 13 to 337, gas rigs down 1 to 91, and miscellaneous rigs up 1 to 2. U.S. Rig Count is down 234 rigs from last year's count of 664, with oil rigs down 225, gas

Colombia provisionally approves ExxonMobil fracking pilot project

April 1, 2021

| Archives

Colombia has provisionally approved U.S. oil company ExxonMobil Corp’s plan to develop a pilot project for hydraulic fracturing, known as fracking, in the country’s Valle Medio del Magdalena basin, the oil regulator said on Wednesday. With the Platero investigative project ExxonMobil becomes the second company to begin a fracking pilot project in Colombia, after majority state-owned oil company

Oil companies defeat New York City appeal over global warming

April 1, 2021

| Archives

A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help pay the costs of addressing harm caused by global warming. Ruling in favor of BP Plc, Chevron Corp, ConocoPhillips, Exxon Mobil Corp and Royal Dutch Shell Plc, the 2nd U.S. Circuit Court of Appeals in Manhattan said the

OPEC+ debates whether to ease oil output cuts

April 1, 2021

| Archives

OPEC+ debated on Thursday whether to keep deep oil output cuts in place or ease them after the new U.S. administration resumed Donald Trump’s practice of calling OPEC leader Saudi Arabia over policy and said energy should be kept affordable. Jennifer Granholm, the new energy secretary appointed by U.S. President Joe Biden, said on Twitter she had spoken

Month: April 2021

Angola looks at $64 billion in planned oil and gas investments over next 5 years

Seadrill asks for over 85% debt write off

Pioneer buying DoublePoint Energy LLC for $6.4 billion

Eni & Sonatrach, Elton Group & Port of Dakar, Mozambique, PGS Offshore Egypt WEST AFRICA WEEKLY EP 9

Robots and Rigs, New Mexico, EverGiven, Permian, NFL 17 Games, River Monsters OVERTIME EP 15

International Rig Count Up 14 Units in March

North America Rig Count: U.S. up 13 and Canada down 12

Colombia provisionally approves ExxonMobil fracking pilot project

Oil companies defeat New York City appeal over global warming

OPEC+ debates whether to ease oil output cuts

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