Admin, Author at Rig Lynx - Page 241 of 421

Cypriot gas, what the Noble buyout means

July 27, 2020

After taking over Noble Energy this week, Chevron will likely take its time in deciding what to do with the Aphrodite gas-field Chevron agreed this week to acquire Noble Energy, mostly because of its shale oil and gas assets in the US, at a bargain price of close to $5billion – about 40 per cent of the value

Exxon falls out of the world’s #1 spot as India’s Reliance steps in

July 27, 2020

| Archives

Reliance Industries Ltd. toppled Exxon Mobil Corp. to become the world’s largest energy company after Saudi Aramco, as investors piled into the conglomerate lured by the Indian firm’s digital and retail forays. Reliance, which is controlled by Asia’s richest man and manages the world’s biggest oil refinery complex, rose 4.3% in Mumbai on Friday, taking its market value

Rig Lynx Weekly Rundown – Top 5 from week 30

July 26, 2020

| Weekly Rundown

Welcome back! If you missed any of the trending articles from last week we got them all here for you to start your week off with For week 30, July 19 - July 25, we had 7k page views, and below are the top 5 Have a great week ahead! Relentless prepares for upcoming contract with Chevron GOM BJ Services files for Chapter

UKOG enters into high-impact appraisal and exploration project in Turkey

July 26, 2020

| Archives

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that it has signed a binding heads of agreement with Aladdin Middle East Ltd ("AME"), an independent oil company with 60 years of operational experience in Turkey, to take a 50% non-operated working interest in the 305 km Resan Licence ("Licence"). UKOG will take an

Schlumberger cuts deeper – 21,000 jobs axed

July 26, 2020

| Archives

Oilfield services giant Schlumberger NV on Friday outlined plans for deeper spending cuts after recording a $3.7 billion charge and a second straight quarterly loss on thousands of job cuts and a pipeline outage in Ecuador. The large loss capped second-quarter reports from U.S. oilfield services providers that laid bare the damage wreaked by the coronavirus crisis. Producers

North America Rig Count: U.S. down 2 and Canada up 10

July 24, 2020

| Weekly Rig Count

Baker Hughes Rig Count: U.S. -2 to 251 rigs U.S. Rig Count is down 2 rigs from last week to 251 with oil rigs up 1 to 181, gas rigs down 3 to 68, and miscellaneous rigs unchanged at 2. U.S. Rig Count is down 695 rigs from last year's count of 946, with oil rigs down 595, gas

Update – Most Active User Contest Week 30

July 24, 2020

| Archives

Here is a quick update for our "Top 10" users for this weeks contest! United States is currently in the lead! Marvin Peebles / Contract Manager / United States Adil Channa / Petroleum Engineer / Pakistan Elena Charles / Chief Engineer / United States Anthony Deer / Consultant / United States Snkt Patel / 1st Engineer / India Appanna Palepu / Business Development Manager / India Shafiq Fautar / 1st Engineer / Kuwait Gowtham

Schlumberger reports a net loss of $3.43 billion for 2nd Q

July 24, 2020

| Archives

Oilfield services giant Schlumberger NV on Friday reported its second-straight quarterly loss after recording a $3.7 billion charge, including costs related to over 21,000 jobs cuts, amid this year’s oil price crash. The company rounded off second-quarter earnings reports from major U.S. oilfield services providers that laid bare the damage wreaked by the coronavirus crisis, particularly in North

History of the Weight Indicator

July 24, 2020

| Archives

Some history…is what it is, history but every now and then you read some things that bring the message home clearer than others. Take for example the history we are about to share in regard to the weight indicator and how far we have come as an industry. An industry that we are very proud to be part

Petrobras disclose phase 2 rig qualifiers for Mero

July 23, 2020

| Archives

Constellation, Ocyan, Seadrill and Vallaris were qualified for the second phase of Petrobras' bidding for the chartering of one or more 2,400 m rigs for the Mero field, in the Santos cluster. The companies presented the best proposals in phase I, with non-firm prices for the “as is” stage and will move forward… Source: Petroleo

Author: Admin

Cypriot gas, what the Noble buyout means

Exxon falls out of the world’s #1 spot as India’s Reliance steps in

Rig Lynx Weekly Rundown – Top 5 from week 30

UKOG enters into high-impact appraisal and exploration project in Turkey

Schlumberger cuts deeper – 21,000 jobs axed

North America Rig Count: U.S. down 2 and Canada up 10

Update – Most Active User Contest Week 30

Schlumberger reports a net loss of $3.43 billion for 2nd Q

History of the Weight Indicator

Petrobras disclose phase 2 rig qualifiers for Mero

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