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Tag: oil
Oil prices drop further on persisting glut concerns
2017-06-22 01:00:00| Offshore Technology
Oil prices have continued to fall after a period of brief gains as the global market remains oversupplied.
Tags: prices
oil
drop
concerns
Weatherford launches cased-hole evaluation system to increase oil recovery
2017-06-21 01:00:00| Hydrocarbons Technology
Weatherford International has commercially launched the Raptor 2.0 cased-hole evaluation system, which is designed to provide actionable reservoir data.
Tags: system
increase
oil
evaluation
Oil prices remain at multi-month lows as market remains oversupplied
2017-06-21 01:00:00| Offshore Technology
Oil prices have remained near multi-month lows as global market remained oversupplied despite evidence of strong compliance by OPEC and non-OPEC producers to reduce output.
Tags: market
prices
remain
remains
ExxonMobil to advance Liza oil development in offshore Guyana
2017-06-20 01:00:00| Offshore Technology
ExxonMobil has made a final investment decision to proceed with the first phase of development for the Liza oilfield located offshore Guyana.
Tags: development
advance
oil
guyana
Oil prices trade at seven-month lows pressured by oversupply
2017-06-20 01:00:00| Offshore Technology
Oil prices have marginally recovered after slipping to nearly seven-month lows on reports of an increase in supply that negated the production-cut initiative by OPEC and other producers.
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