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Tag: oil
Total To Divest UK North Sea Oil Fields In $635 Million Sale
2019-07-10 15:50:49| OGI
Private-equity fund HitecVision and Omani oil group Petrogas teamed up to buy a portfolio of Total's British North Sea oil fields for $635 million, the companies said July 10.
Tags: total
north
sale
million
Oil Majors Evacuate US Gulf Platform Staff Before Storm
2019-07-10 15:05:42| OGI
Major U.S. oil producers on July 9 began evacuating and shutting in production at their deepwater Gulf of Mexico platforms in advance of a tropical disturbance expected to become a storm this week.
Tags: staff
oil
platform
storm
Aramco Awards $18 Billion In Contracts To Boost Capacity At Marjan, Berri Oil Fields
2019-07-10 14:51:18| OGI
Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construction projects at its Marjan and Berri oil fields, the company said on July 9.
Tags: fields
awards
oil
capacity
US Crude Oil Production Seen Hitting New Record High In 2019
2019-07-09 19:10:25| OGI
Crude oil production in the U.S. will rise to an all-time high of 12.36 million bbl/d in 2019 from a record high of 10.96 million bbl/d last year, the EIA says.
Tags: high
record
production
oil
Russias July Oil Output Falls To Near 3-Year Low
2019-07-09 17:28:33| OGI
Source says that Rosneft production is off 11% in the first 8 days compared to the June average.
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