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Whiting Names Correne Loeffler As CFO Michael Stevens Successor

2019-07-18 15:05:32| OGI

Whiting Petroleum CFO Michael Stevens will be replaced by Correne Loeffler, who joins the company from Callon Petroleum which recently announced a multibillion-dollar acquisition.

Category: Industrial Goods and Services

Kinder Morgan Moves Ahead With Pipeline Connection To Houston

2019-07-18 15:04:13| OGI

The company plans to spend $10 million on the project this year, and has contracts to start transporting 75,000 bbl/d for up to three years, Chief Executive Officer Steven Kean told investors.

Category: Industrial Goods and Services

Chevron Awards Subsea Compression FEED Order To MAN Energy Solutions

2019-07-18 15:02:04| OGI

MAN Energy Solutions has been awarded a contract to support the FEED study of a subsea compression solution for the Chevron-operated Jansz-Io Field in Western Australia on July 17.

Category: Industrial Goods and Services

Will East Africa Find Oil Amid Challenges?

2019-07-18 15:00:00| OGI

New exploration frontiers give hope to the regions offshore market.

Category: Industrial Goods and Services

Emerging Tech: Subsea Ambient Lifter

2019-07-18 12:00:00| OGI

Designed to cut decommissioning costs by 40%, Ecosse IPs Ambient Lifter is changing the scope of offshore operations.

Tags: tech emerging ambient lifter

Category: Industrial Goods and Services

Enbridge Delays Open Season For Bids On Mainline Oil Pipeline System

2019-07-18 02:48:10| OGI

Enbridge Inc. has delayed the start of an open season to solicit bids for contracted space on its Mainline oil pipeline system, North America's largest oil-shipping network, three market sources told Reuters on July 17.

Tags: system open season oil

Category: Industrial Goods and Services

Australia's Santos Posts Record Production; Woodside Petroleums Revenue Falls In Second Quarter

2019-07-18 02:40:40| OGI

Santos Ltd. said on July 18 it had clocked record gas production in the second quarter on stronger output across its Western Australia gas assets.

Tags: posts record production falls

Category: Industrial Goods and Services

Oil Tankers Risk Becoming Stranded Asset In Climate Push

2019-07-18 00:00:00| OGI

The worlds oil tankers risk losing almost a third of their value should a shift away from fossil fuels gain momentum in the coming decades, a new report has warned.

Tags: risk oil push asset

Category: Industrial Goods and Services

Blue Mountain Midstream Enter Crude Oil Gathering Agreement With Roan Resources

2019-07-17 22:49:58| OGI

Blue Mountain plans to construct an initial crude system consisting of approximately 50 miles of gathering pipelines with two downstream interconnections providing anchor shipper Roan Resources with direct access to the Cushing market.

Tags: enter resources blue agreement

Category: Industrial Goods and Services

Oil Service Firms Eye New Survival Tactics Amid Weak US Market

2019-07-17 22:37:36| OGI

The last time supplies overwhelmed demand, oilfield service suppliers cut hundreds of thousands of jobs and top firms gushed red ink.

Tags: service market eye oil

Category: Industrial Goods and Services

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