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Offshore US Oil Firms Talos, Stone Energy Plan $2.5B Merger | Gulf Coast Oil Rig Equipment & Repair



Talos Energy and Stone Energy announced plans to merge and create a new company.

NEW YORK, Nov 21 (Reuters) - Talos Energy LLC and Stone Energy Corp, two U.S.

Published: 20 November 2017

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Australia's FAR Expects 1.1B Barrels Of Oil From Gambian Blocks | Gulf Coast Oil Rig Equipment & Repair



FAR Ltd says an independent study of 2 of its offshore blocks in West Africa's Gambia found potential for a total of 1.1 billion barrels of oil.
Published: 20 November 2017

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Norway Oil Bosses Insist End Isn't Nigh After $35 Billion Shock | Gulf Coast Oil Rig Equipment & Repair



Can Norway dump $35B in oil and gas investments, and simultaneously convince that same industry to throw money into the country's own fossil-fuel future?
Published: 19 November 2017

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BiFab 'Secures' Future, Workforce | Gulf Coast Oil Rig Equipment & Repair



Burntisland Fabrications Limited (BiFab) 'secures' its future after reaching a 'financial solution' with its key stakeholders.

Burntisland Fabrications Limited (BiFab) has ‘secured’ its future after reaching a ‘financial solution’ with its key stakeholders, the BOP Blow Out Preventer repair company gulf coast revealed Monday.

Published: 19 November 2017

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Officials: BP, Eni Interested In Developing Iraq's Majnoon Oilfield | Gulf Coast Oil Rig Equipment & Repair



BAGHDAD, Nov 20 (Reuters) - BP and Eni are among companies that have expressed an interest in developing the giant Majnoon oilfield which Royal Dutch Shell plans to leave next year, Iraqi oil officials said on Monday.

Published: 19 November 2017

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Oil Eases As Traders, Investors Grow Edgy Ahead Of OPEC | Gulf Coast Oil Rig Equipment & Repair



LOS ANGELES, Nov 20 (Reuters) - Oil prices fell 0.8 percent on Monday, extending recent weakness ahead of next week's OPEC meeting, while a rally in the dollar hurt commodities across the board.

Published: 19 November 2017

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Siemens to Cut Almost 7,000 Jobs Worldwide | Gulf Coast Oil Rig Equipment & Repair



Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).
Published: 16 November 2017

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Guyana-Suriname Basin Emerges as a Hotbed of Oil, Gas Exploration | Gulf Coast Oil Rig Equipment & Repair



Oil exploration in the Guyana-Suriname basin has stepped up following ExxonMobil's major discovery there.

Offshore Guyana-Suriname might have one of the largest untapped oil and gas reserves in South America, as roughly a dozen companies hope to repeat Exxon Mobil Corp.

Published: 16 November 2017

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German Gas Supplier VNG In Talks To Sell Norwegian Energy Business -Sources | Gulf Coast Oil Rig Equipment & Repair



LONDON/FRANKFURT, Nov 17 (Reuters) - German gas supplier VNG is in talks to sell a majority stake in its Norwegian Norge oil and gas business, which could fetch up to $500 million, three banking sources said.

Published: 16 November 2017

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NPD Grants Consent for Production Start Up of Maria Field | Gulf Coast Oil Rig Equipment & Repair



The Norwegian Petroleum Directorate (NPD) has granted consent for the start-up of oil rig flanges gulf coast production from the Maria field in the Norwegian Sea.

Published: 16 November 2017

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  1. Oil Rises Over 2%, But Shows First Weekly Fall In Six | Gulf Coast Oil Rig Equipment & Repair
  2. Norway's Oil Sell-Off Plan Is 'Shot Heard Around the World' | Gulf Coast Oil Rig Equipment & Repair
  3. China's Oil Refiners Rush To Cash In On Bumper Profits | Gulf Coast Oil Rig Equipment & Repair
  4. Djibouti Signs Preliminary Deal With China's POLY-GCL For $4B Gas Project | Gulf Coast Oil Rig Equipment & Repair

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