Admin, Author at Rig Lynx - Page 167 of 421

Samsung Heavy hands over $148 million in leniency deal with Brazil authorities

February 23, 2021

South Korean shipbuilder Samsung Heavy Industries agreed to pay 812 million reais ($148.56 million) in a leniency deal with Brazilian authorities to settle corruption investigations, federal prosecutors said late on Monday. On its website, the prosecutor’s office said the deal was part of a global negotiation between the company and U.S. and Brazilian authorities to settle alleged crimes

Saudi Aramco eyes multiple bids for $10 billion pipeline

February 23, 2021

| Archives

Apollo Global Management Inc. and Global Infrastructure Partners are among suitors that bid for a roughly $10 billion stake in Saudi Aramco’s oil pipelines, people familiar with the matter said. Canada’s Brookfield Asset Management Inc., BlackRock Inc., sovereign wealth fund China Investment Corp. and Beijing-backed Silk Road Fund Co. have also made non-binding offers, the people said, asking

How cold was it in Texas?

February 22, 2021

| Memes

Winter storms like the ones they have up north, rigs are not made for them down south. If your relief asked you how cold it got in Texas, feel free to show them this picture courtesy of Rig Lynx. Join our mailing list here

Goldman raises Q3 Brent price forecast to $75 per bbl

February 22, 2021

| Archives

Goldman Sachs Commodities Research raised by $10 its Brent crude oil price forecasts for the second and third quarters of 2021, citing lower expected inventories, higher marginal costs to restart upstream activity and speculative inflows. The Wall Street bank expects Brent prices to reach $70 per barrel in the second quarter from the $60 it predicted previously and

Egypt discusses natural gas pipeline after Oil Minister visit to Israel

February 22, 2021

| Archives

Egypt and Israel said they may build an undersea natural-gas pipeline connecting the two countries, as they seek to collaborate on exporting the fuel to Europe. The pipeline would link Israel’s huge Leviathan field to Egypt’s liquefied natural gas plants, the countries’ energy ministries said Sunday. Egypt added that the two sides would work on a governmental framework

Iraq says no on $2B upfront oil deal with China

February 22, 2021

| Archives

Iraq has decided against signing an oil-supply deal with a Chinese state company that would’ve seen the cash-strapped Arab nation get about $2 billion upfront, according to its oil minister. Baghdad opted not to go ahead with the contract after oil prices rose in recent months, Ihsan Abdul Jabbar said in an interview with BBC Arabic. Iraq, whose economy

Mobile Messengers Then and Now – White Paper on the Funding, Background and Recent Changes

February 22, 2021

| White Papers

The world is full of applications to communicate with, and I wanted to bring everyone up to speed on where they came from, what their intents may have been, how they fared out over the years, what kind of revenue mechanisms were in place and how the future looks for them. With privacy being a large concern for

Rig Lynx Weekly Rundown – Maersk announces new contract details for the Discoverer

February 20, 2021

| Weekly Rundown

Each week we share with you trending articles from the industry Maersk announces new contract details for the Discoverer Maersk Discoverer will drill two exploration wells for BG International Ltd., a subsidiary of Shell, offshore Trinidad and Tobago Read More Maersk announces new contract details for the Discoverer Confidence returning in oil as Buffet buys in with $4 billion worth of Chevron Warren Buffett’s purchase of a $4.1 billion

This week was a wakeup call, more to energy policy than the politics of climate change

February 20, 2021

| Archives

Everything is so politicized these days that it is tough to decipher facts from opinions about what happened this week with the winter storm. It’s easy to blame ERCOT — and yes, their actions led to the blackouts in part — but the full story is much more complex. One night of bad decisions would not have had such devastating

North America Rig Count: U.S. unchanged and Canada down 4

February 19, 2021

| Weekly Rig Count

Baker Hughes Rig Count: U.S. unchanged at 397 rigs U.S. Rig Count is unchanged from last week at 397 with oil rigs down 1 to 305, gas rigs up a to 91, and miscellaneous rigs unchanged at 1. U.S. Rig Count is down 394 rigs from last year's count of 791, with oil rigs down 374, gas rigs down

Author: Admin

Samsung Heavy hands over $148 million in leniency deal with Brazil authorities

Saudi Aramco eyes multiple bids for $10 billion pipeline

How cold was it in Texas?

Goldman raises Q3 Brent price forecast to $75 per bbl

Egypt discusses natural gas pipeline after Oil Minister visit to Israel

Iraq says no on $2B upfront oil deal with China

Mobile Messengers Then and Now – White Paper on the Funding, Background and Recent Changes

Rig Lynx Weekly Rundown – Maersk announces new contract details for the Discoverer

This week was a wakeup call, more to energy policy than the politics of climate change

North America Rig Count: U.S. unchanged and Canada down 4

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