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Borr Drilling Limited Receives Delist Notice from NYSE

September 7, 2020
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September 7, 2020, Borr Drilling Limited today announced that the Company has received written notice from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE because the average closing price of its common shares

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Our Driving Habits Should Not Be Keeping Oil Prices Low

September 7, 2020
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This summer Americans drove less than last year. This was to be expected with local and state governments continuing to restrict activity based on the coronavirus, with the continued fear gripping large parts of the country and with the high current unemployment rate. However, the decrease in driving alone does not have enough of an impact on

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Total Resigns as Operator in the Foz Do Amazonas Basin in Brazil

September 7, 2020
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Total announces that it has notified its partners on August 19 about its resignation from its role of operator for five exploration blocks, located in the Foz do Amazonas Basin, 120 kilometers offshore Brazil. These exploration blocks are referenced as FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127. Total has informed the National Agency of Petroleum, Natural Gas and Biofuels

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#1 on Google for Largest Mobile Energy Network

September 4, 2020
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Fantastic work from the team, takes a lot of hard work to get there! Now our clients and future customers can benefit from the search ranking we have been working on Come see what we can do for your brand visibility today! Or download our brochure here : Business Services

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Second half of 2020 looks brighter for Angola

September 4, 2020
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Although Total idled three of its drillships at the onset of COVID-19, its deep-water Skyros rig was brought back online in July, and Maersk Voyager is due to re-start at the end of August. Seadrill West Gemini is also set to resume activity, which previously had been dormant offshore Namibia. Meanwhile, U.S. major Chevron canceled its VALARIS

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Not even in top 10 three years ago, Liberty now sits in the #2 frac spot

September 4, 2020
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Liberty Oilfield Services Inc., which will become North America’s second-biggest fracing provider with the acquisition of a Schlumberger unit, expects to one day topple Halliburton Co. from the No. 1 spot. “Customer demand has told us to grow at this pace, and then deals like this come to us,” Liberty CEO Chris Wright said in an interview after

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ExxonMobil signs 4000m ROV tender with C-Innovation

September 3, 2020
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ExxonMobil signed a contract with C-Innovation, a company of the Edison Chouest Offshore group, for the chartering of an ROV capable of operating in water depths of up to 4 thousand m. The deal is aimed at the exploratory campaign that will be carried out in Brazil, in the beginning of 2021, with the Seadrill drill ship,

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Unity awarded three-year, three platform, contract extension

September 2, 2020
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Aberdeen-headquartered Unity, Europe’s largest provider of well integrity technology, services, and engineering solutions, has been awarded a three-year contract extension, by a UK oil and gas operator, to continue its work on three northern North Sea platforms. The contract, worth an annual six figure sum, has two additional one-year extension options. Unity provides well integrity, wellhead maintenance and

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Angola launches limited public tender

September 2, 2020
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Angola’s National Agency of Oil, Gas and Biofuels (ANPG) launched a limited public tender by previous qualification for the development of marginal fields on Monday. Open to foreign entities, the deadline for submission is September 30, and successful companies will have six months as the term of execution of the contract. Without the requirement of a provisional bound, the

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