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Equinor makes oil discovery near Norway’s Troll field

February 5, 2021

Equinor has made a new oil discovery near Norway’s giant Troll oil and gas field together with partners DNO, Wellesley and Petoro, the Norwegian Petroleum Directorate said on Friday. Equinor said in a separate statement the reservoir was expected to contain between 44 million and 69 million barrels of oil equivalent. Source: Equinor Join our mailing list here

Chevron Announces Offer to Acquire Noble Midstream Partners

February 5, 2021

| Archives

Chevron Corporation (NYSE: CVX) announced today that it has submitted a non-binding proposal to the Board of Directors of Noble Midstream GP LLC, the general partner of Noble Midstream Partners LP (NASDAQ: NBLX), to acquire all of the publicly held common units representing limited partner interests in NBLX not already owned by Chevron and its affiliates (the

Maersk Integrator awarded two-well contract

February 5, 2021

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Maersk Drilling has secured an additional two-well contract for the low-emission rig Maersk Integrator with Aker BP. The plan is that in direct continuation of the rig’s previously announced work scope with a different operator, Maersk Integrator will return to Aker BP’s Ivar Aasen field for a two-well campaign expected to commence in Q3 2021. The contract has an

We are not Criminal Investigators, Sonatrachs MOU, Nigerias Methanol Plant WEST AFRICA WEEKLY EP 5

February 5, 2021

| West Africa Weekly

Listen to "EP 5: Sonatrach’s New MOU, Nigeria’s First Methanol Plant, Exxon Court Summons, Cameroon with Victoria Oil and Gas, GE Senegal Power Plant" on Spreaker. Greg and Arvy talk Oil Prices, Sonatrach’s New MOU, Nigeria’s First Methanol Plant, Exxon Court Summons, Cameroon with Victoria Oil and Gas, GE to Supply Senegal Power Plant We are not criminal investigators… SUBSCRIBE

Ryan wants to run with the bulls, Tight Oil, Exxons Big Loss, the Paul Brothers OVERTIME EP 10

February 5, 2021

| OVERTIME

Listen to "Ep 10: Tight Oil, Exxon, Keppel, SpaceX, Superbowl 55, Deshaun Watson and the Paul Brothers" on Spreaker. Greg and Ryan talk Tight Oil, Exxon’s Big Loss, Keppel’s Exits the Rig Business, SpaceX Commercial Flight, Superbowl 55, Deshaun “Trade Me” and the Paul Brothers – Boxers or Spectacles and Does it Really Matter? Ryan wants to run with

Perisai Offshore awarded jackup work from Petrofac

February 4, 2021

| Archives

The Board of Directors (“Board”) of Icon Offshore Berhad (“ICON/Company”) is pleased to announce that its new subsidiary company, POSB has received an award for the provision of one (1) jack-up drilling rig namely Perisai Pacific 101 (“PP101 Rig”), from PETROFAC. POSB is a new subsidiary which was recently acquired by ICON, via the completion of 51% shares

Reliance’s unit to sell off Marcellus shale play for $250 million

February 4, 2021

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Reliance Industries Ltd said on Thursday its unit will sell its interest in certain upstream assets in the Marcellus shale in the United States for $250 million in cash to Northern Oil and Gas Inc. The assets, currently operated by various affiliates of EQT Corp, will be sold for the cash consideration and warrants, that will allow for

Seadrill given more time on the restructure from 9 of the 12 creditors

February 4, 2021

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Seadrill Limited announces that it has entered into a forbearance agreement with certain creditors in respect of nine out of the group's twelve senior secured credit facility agreements. The purpose of the forbearance agreement is to allow the Company and its stakeholders more time to finalize negotiations on the head terms of a comprehensive restructuring of its balance

Maersk Drilling bags 4-year contract with Tullow

February 4, 2021

| Archives

As we published last week, Tullow had mentioned a rig was going to be mobilized and we thought at the time that it may be the Venturer but today it was confirmed, congrats Maersk and the team of the Venturer. Maersk Drilling has received a conditional letter of award (“CLOA”) from Tullow Ghana Ltd. (“Tullow”) for the

Chesapeake Energy cuts 15% of workers as it emerges from bankruptcy

February 4, 2021

| Archives

U.S. shale oil and gas producer Chesapeake Energy Corp plans to cut 15% of its workforce, an email sent to employees revealed, as it closes on new financing that will allow it to emerge from bankruptcy court protection next week. Once the second-largest U.S. natural gas producer, Chesapeake was felled by a long slide in gas prices. The

Author: Admin

Equinor makes oil discovery near Norway’s Troll field

Chevron Announces Offer to Acquire Noble Midstream Partners

Maersk Integrator awarded two-well contract

We are not Criminal Investigators, Sonatrachs MOU, Nigerias Methanol Plant WEST AFRICA WEEKLY EP 5

Ryan wants to run with the bulls, Tight Oil, Exxons Big Loss, the Paul Brothers OVERTIME EP 10

Perisai Offshore awarded jackup work from Petrofac

Reliance’s unit to sell off Marcellus shale play for $250 million

Seadrill given more time on the restructure from 9 of the 12 creditors

Maersk Drilling bags 4-year contract with Tullow

Chesapeake Energy cuts 15% of workers as it emerges from bankruptcy

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