Oil

Energy, Gas, Oil, Oil Field Services

Ronan Le Gloahec

WEIR OIL & GAS CLOSES ROTATING EQUIPMENT SERVICES CONTRACT IN IRAQ

Deciding factors in the deal included Weir Oil & Gas’ capabilities in Iraq, positive past and existing contract performance with the client, local content, in-house engineering and a comprehensive international facility near the customer’s sites. This contract further consolidates Weir’s Rig-to-Grid capabilities in the Middle East.

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by × December 27, 2018 × 0 comments

Business, Energy, Gas, Oil

Top 33 shale oil producers need extra 8.3 BUSD to balance 2018 cash flows at 60 USD WTI

Top 33 shale oil producers need extra 8.3 BUSD to balance 2018 cash flows at 60 USD WTI

By Rystad Energy A selection of the top 33 shale oil producers need USD 8.3 billion of additional funding on top of USD 2.4 billion debt refinancing in a 60 WTI price environment to meet a […]

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by × January 30, 2018 × 0 comments

Business, Energy, Gas, Oil, Oil Field Services

DELAYED PROJECT SANCTIONS IN 2017 MORE THAN DOUBLE THE 2015-16 COUNT

DELAYED PROJECT SANCTIONS IN 2017 MORE THAN DOUBLE THE 2015-16 COUNT

Rystad Energy  A flurry of delayed final investment decisions (FIDs) during the final quarter of 2017 led to an encouraging industry statistic: delayed projects sanctioned during 2017 more than doubled over the combined count in […]

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by × January 22, 2018 × 0 comments