Maersk Drilling has been awarded a contract from Spirit Energy for the harsh-environment jack-up rig Maersk Resolve to drill one development well at Grove North East in the UK North Sea. SourceContinue Reading

UAE Tells U.S. Shale Producers Not To Rush To Restore Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 13, 2021, 9:00 AM CST U.S. oil producers should tread carefully this year and avoid boosting production, which could lead to another price slump, the...Continue Reading

Global oil use dropped by 9 million barrels a day last year but should recoup more than 6 million in 2021, said Mike Muller, head of trader Vitol SA’s operations in Asia. SourceContinue Reading

Following successful six-month operational trials on Stena Spey and Stena Carron rigs, IDS will deploy its data driven TourNet Pro drilling contractor reporting service and drilling performance monitoring service, Anova DPM, across Stena Drilling’s fleet in Q1 2021. SourceContinue Reading

Upon completion of the acquisition, ITC Global will become a cornerstone of the Marlink Group, supporting the expansion of Marlink’s global leadership in the energy and enterprise markets. SourceContinue Reading

Enbridge Says Michigan Governor’s Shutdown Orders Are Unlawful | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 13, 2021, 8:30 AM CST Enbridge rejected on Tuesday the notice of Michigan Governor Gretchen Whitmer to close its Line 5 pipeline, saying that it has no intention...Continue Reading

With demand still fragile, shale companies “are wise not to jump the gun and overproduce during the recovery year,” UAE Energy Minister Suhail Al Mazrouei said in an interview, adding they “need to be careful not to flood the market.” SourceContinue Reading

The Oil Industry Is In Dire Need Of Investment | OilPrice.com Cyril Widdershoven Dr. Cyril Widdershoven is a long-time observer of the global energy market. Presently, he holds several advisory positions with international think tanks in the Middle… More Info Premium Content By Cyril Widdershoven – Jan 12, 2021, 7:00 PM CST The global oil...Continue Reading

3 Stocks To Buy As Oil Prices Rise Above $50 | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jan 12, 2021, 6:00 PM CST As oil prices continue to maintain the latest trajectory above the psychologically significant $50/barrel...Continue Reading

Why A Fracking Ban Won’t Kill U.S. Shale | OilPrice.com David Messler Mr. Messler is an oilfield veteran, recently retired from a major service company. During his thirty-eight year career he worked on six-continents in field and… More Info Premium Content By David Messler – Jan 12, 2021, 5:00 PM CST One of the things...Continue Reading