Home 2019 September

Month: September 2019

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BP’s Dudley drawing up plans to step down within 12 months, Sky News says

BP’s Dudley drawing up plans to step down within 12 months, Sky News says

BP CEO Bob Dudley took the helm after the 2010 Deepwater Horizon oil spill crisis. BP agrees to sell its entire business in Alaska to Hilcorp in a deal worth $5.6 billion. BP’s North Sea business has successfully executed a groundbreaking pilot project testing innovative ways. BP announced that it will deploy continuous measurement of...

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Schlumberger and TIBCO collaborate to provide advanced analytics in the DELFI environment

Schlumberger and TIBCO collaborate to provide advanced analytics in the DELFI environment

Schlumberger announced the integration of industry-leading TIBCO Spotfire and TIBCO Data Virtualization technologies. Company announced the expiration of the previously announced cash tender offer by Schlumberger Holdings Corporation. Schlumberger announced its biennial event, the SIS Global Forum 2019, has surpassed expectations. The collaboration will augment Schlumberger domain science applications with new analytics capabilities. The Ora...

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ExxonMobil to sell Norway upstream operations for $4.5 billion

ExxonMobil to sell Norway upstream operations for $4.5 billion

ExxonMobil signed an agreement today with Var Energi AS. United Way of Beaumont and North Jefferson County to receive $200,000. Tripletail-1 well is located in Turbot area on the Stabroek Block. Technology uses advanced chemistry to remove carbon dioxide from emissions sources. Its non-operated upstream assets in Norway for $4.5 billion. Upstream liquids production grows...

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Oil price Friday 27th of September 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 2019-09-27 1.6575 1.6786 1.6195 1.6531 0.0098 1.6514 27331 18215 Crude Oil...

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PESA Argentina chapter debuts in Buenos Aires

PESA Argentina chapter debuts in Buenos Aires

United States Ambassador to Argentina Edward Prado welcomed PESA to his residence in Buenos Aires. The PESA West Texas Steering Committee conducted a school supply drive for local schools in August. PESA in welcoming new Member Companies ProFrac Services, Tomahawk Safety. After a welcome and overview of the oil and gas industry dynamics in Argentina...

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Targeting a $2 trillion valuation, Aramco readies IPO plan for October

Targeting a $2 trillion valuation, Aramco readies IPO plan for October

Saudi Aramco will kick off its much-anticipated initial public offering next month. Aramco’s Exploration admin area introduces an additional innovative approach. More than 600 upcoming Saudi Arabia construction projects worth $130 billion (SR500 billion) were presented. The oil giant recovers faster than expected from the biggest terror attacks in its history. A new collaboration between...

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Oil price Thursday 26th of September 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 2019-09-26 1.6301 1.6657 1.6173 1.6582 0.036 1.6612 26977 28536 Crude Oil...

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ADNOC taps Weatherford for $220 million rotary steerables contract

ADNOC taps Weatherford for $220 million rotary steerables contract

Weatherford has signed a $220 million, three-year contract with ADNOC Offshore. The Abu Dhabi National Oil Company (ADNOC) announced that it is establishing a new trading unit. As global exploration, development and production of oil and gas resources shifts to more complex. Company provide directional drilling services for the stated goal of increasing offshore production...

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Tracerco lands subsea inspection projects in the North Sea, Gulf of Mexico and West Africa

Tracerco lands subsea inspection projects in the North Sea, Gulf of Mexico and West Africa

Tracerco has been awarded 7 subsea inspection projects to provide critical flow assurance. Tracerco has added to its award-winning range of advanced nucleonic instrumentation. Resman AS and Tracerco, part of Johnson Matthey Plc, have mutually agreed to discontinue litigation. It flowlines and risers in the North Sea, Gulf of Mexico and Offshore West Africa. Tracerco,...

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Oil price Wednesday 25th of September 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 2019-09-25 1.6363 1.6422 1.6025 1.6304 0.0291 1.6252 32979 39984 Crude Oil...

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