Home 2019 July

Month: July 2019

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Neptune Energy to acquire interests in German fields from Wintershall Dea

Neptune Energy to acquire interests in German fields from Wintershall Dea

Neptune is an independent global E&P company and, having completed the acquisition of the exploration. The business had production of 160,500 net barrels of oil equivalent per day. The Company founded by Sam Laidlaw, is backed by CIC. The North Sea, where both wind and natural gas are abundantly available. It’s the first three quarters...

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Oil price Tuesday 30th of July 2019

RBOB Gasoline Physical Futures, Continuous Contract #1 (RB1) (Front Month) Historical Futures Prices: RBOB Gasoline Physical Futures, Continuous Contract #1. Non-adjusted price based on spot-month continuous contract calculations. Raw data from CME. Date Open High Low Last Change Settle Volume Previous Day Open Interest 2019-07-30 1.8727 1.9067 1.8646 1.9026 0.0335 1.8969 19116 15425 Crude Oil...

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NPCC and Petrofac JV awarded offshore contract by Al Yasat Petroleum

NPCC and Petrofac JV awarded offshore contract by Al Yasat Petroleum

National Petroleum Construction Company and JV partner Petrofac, have secured a new contract. NPCC has many projects from Saudi Aramco, Kuwait and India, its main markets, al Dhaheri added. Schneider electric is a leader in digital transformation of energy management and automation. The company is targeting revenues of 7 billion dirhams in 2019. Al Yasat...

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Oil price Monday 29th of July 2019

RBOB Gasoline Physical Futures, Continuous Contract #1 (RB1) (Front Month) Historical Futures Prices: RBOB Gasoline Physical Futures, Continuous Contract #1. Non-adjusted price based on spot-month continuous contract calculations. Raw data from CME. Date Open High Low Last Change Settle Volume Previous Day Open Interest 2019-07-29 1.8769 1.8807 1.8432 1.8707 0.011 1.8634 14136 22209 Crude Oil...

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Oman talks to Iran, other parties to restore stability to Strait of Hormuz

Oman talks to Iran, other parties to restore stability to Strait of Hormuz

Omani officials are in talks with ‘all parties’ to restore stability to the Strait of Hormuz. Oman has described Israel as a “state” in the Middle East. Oman will open an embassy in the occupied West Bank city of Ramallah. Two oil tankers have been evacuated in the Gulf of Oman. The foreign minister of...

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Weatherford wins Colombian 3,000 well production optimization contract

Weatherford wins Colombian 3,000 well production optimization contract

Weatherford is one of the largest multinational oilfield service companies providing innovative solutions. The Company operates in over 80 countries and has a network of approximately 650 locations. It is one of the largest multinational oilfield service company. It including manufacturing, service, research and development. The number of employee approximately employs approximately 26,500 people. Weatherford...

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Wintershall Dea taps ConocoPhillips’ shale expertise in Argentina agreement

Wintershall Dea taps ConocoPhillips’ shale expertise in Argentina agreement

Wintershall Dea has signed a Sales and Purchase Agreement with ConocoPhillips. Cash flows in the German natural resources sector are transparent. Recent merger of Wintershall and DEA formed Europe’s leading independent gas and oil company. It develop the Aguada Federal and Bandurria Norte blocks in the central Argentine province of Neuquen. The collaboration and research...

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ADNOC and Petramina expand partnership exploring new upstream, downstream opportunities

ADNOC and Petramina expand partnership exploring new upstream, downstream opportunities

The Abu Dhabi National Oil Company (ADNOC) signed a Comprehensive Strategic Framework. Abu Dhabi National Oil Company (ADNOC) met with Excellency Alexander Novak. The Korea National Oil Company (KNOC) and GS Energy one of ADNOC’s youngest operating companies. The discussions coincided with a joint visit to review the progress of the over US$ 30 billion....

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Oil price Friday 26th of July 2019

RBOB Gasoline Physical Futures, Continuous Contract #1 (RB1) (Front Month) Historical Futures Prices: RBOB Gasoline Physical Futures, Continuous Contract #1. Non-adjusted price based on spot-month continuous contract calculations. Raw data from CME. Date Open High Low Last Change Settle Volume Previous Day Open Interest 2019-07-26 1.8803 1.8917 1.8615 1.8785 0.0059 1.8744 28124 33310 Crude Oil...

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TechnipFMC awarded UK North Sea EPCI contract by Neptune Energy, JV partners

TechnipFMC awarded UK North Sea EPCI contract by Neptune Energy, JV partners

Neptune Energy and BP announced TechnipFMC has been awarded an engineering, procurement, construction. The facility opening is seen to be a major step in the United Arab Emirates (UAE). TechnipFMC Umbilicals Ltd., a world leader in the manufacturer of subsea umbilical(1) systems. TechnipFMC is preparing for the relocation of its Parisian teams early 2021. TechnipFMC...

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