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Husky Ends Hostile Takeover Bid

January 18, 2019
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Husky Energy Inc. said Jan. 17 it will not extend its hostile bid for MEG Energy after failing to get sufficient support from the rival oil producer’s board and shareholders. Husky’s C$3.3 billion (US$2.5 billion) offer in September to buy MEG for C$11 in cash per share or 0.485 of a Husky share, expired at 5 p.m. EST

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You just missed this oil major tendering for 282 bits

January 18, 2019
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Petrobras has launched a tender to hire drill bits. The announcement, which is available at the state-owned procurement portal (Petronect), provides for the supply of 282 drill bits for projects in Espírito Santo and Northeast. The tender is divided into 11 lots, with quantities ranging from one to 90 drill bits for delivery to four Petrobras units: Japaratuba

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Ensco gives Rowan more time to review the “Enhanced Proposalâ€

January 18, 2019
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    Ensco plc today announced that it intends to convene and adjourn the Company’s General Meeting scheduled for January 23, 2019, which was scheduled to approve resolutions relating to the transaction with Rowan Companies plc (“Rowanâ€) entered into on October 7, 2018. On January 14, 2019, Ensco provided an enhanced proposal to Rowan whereby Rowan shareholders would receive 2.600

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AOGHS: Dr. Seuss and the Oilfield!

January 17, 2019
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Not many people know this story but we would like to thank the American Oil and Gas Historical Society for bringing all of this information under one roof at AOGHS.org New York City’s Judgemagazine included its first cartoon drawn by Theodore Seuss Geisel – who would develop his skills as “Dr. Seuss†while working for the Standard Oil Company

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Seadrill picks up 6 well deal for the West Vencedor

January 16, 2019
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(GLOBE NEWSWIRE) Seadrill Partners LLC (“SDLP†or “the Companyâ€) has secured a six well contract with three option wells for the West Vencedor offshore Cote d’Ivoire. Backlog for the firm portion of the contract is expected to be approximately $20 million with commencement expected in Q3 2019 and running through Q2 2020. The West Vencedor is a 2009 model

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Rystad: Offshore Market To Outpace Shale This Year

January 16, 2019
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    Rystad Energy forecasts offshore spending will outgrow spending on onshore shale activities this year. Service companies exposed to the offshore subsea market and the maintenance, modifications and operations (MMO) sector are set to benefit from this trend reversal. At current oil price levels, spending on land rigs, fracking and other services for the shale industry is likely to

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2018 Shout Out Video!

January 16, 2019
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2018 Was an awesome year for Rig Lynx, here is a small video thanking all of our members as well as our sponsors for all the work and love they give us throughout the year! Sponsor Links: STX Americas Roseland Oil and Gas KBA Systems Verifize RAI West Africa 3 D Media K9 Pipe Inspections Oil Country Media Check out our other current stories! 2019 Interested

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2019 Interested Contest

January 15, 2019
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Rules: 1. Download the app 2. Create a profile 3. Post on your Rig Lynx newsfeed what your are interested in for 2019! 4. Use hashtag #interested #2019 #contest in your post Prizes: 1st Place: $100.00 / 2nd place $50.00 / 3rd Place $25.00 Remember- Your entries or posts don’t count here, you have to leave them on your Rig Lynx newsfeed to be

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$12.53 per gallon.. meet the highest place in the world for fuel cost

January 15, 2019
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(Bloomberg) Police clashed with protesters in the Zimbabwean capital as the main labor-union confederation began a three-day national strike after the government more than doubled fuel prices to the highest in the world. The stay-away comes as a foreign-exchange shortage has sparked scarcities of everything from fuel to bread, caused doctors to stay away from work and companies to cut

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22 Rescued from Listing Cable Layer after Collision with Tanker

January 15, 2019
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Twenty-two crew members have been evacuated from Vanuatu-flagged MV Star Centurion following a collision between the cable layer and a Hong Kong-flagged tanker MT Antea on Sunday, January 13. (World Maritime News) The collision took place 35 nautical miles east of Changi, Singapore at 0620 a.m., local time, resulting in the capsizing of Star Centurion. The tanker, which has

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