Oil Falls
Oil retreated to near $47 a barrel after the U.S. Federal Reserve raised interest rates.

(Bloomberg) -- Oil retreated to near $47 a barrel after the U.S.



OPEC's Sequel to Oil Deal Faces Struggle
OPEC's bold strategy to revive oil markets proved a surprise success last year, but the sequel they've unveiled for 2019 is getting a cooler reception.



Offshore Egypt Project to Start New Phase
Saipem and Petrobel have negotiated an offshore contract addendum for the 'Ramp Up to Plateau' phase of the Zohr gas field.

Saipem S.p.A.



Five Things to Watch in European Oil in 2019
European oil and gas stocks are about to close what would have been their best year since 2014 - if only the last quarter had behaved.



Total to Start Crude Exports From New Field Offshore Nigeria
Total is poised to start exports of crude from a major new offshore field in Nigeria.

(Bloomberg) -- Total SA is poised to start exports of crude from a major new offshore field in Nigeria, adding to global supplies at a time when oil prices are plunging.



Crude Oil Bears Reign
There was plenty of bearish sentiment in crude oil markets Thursday.

There was plenty of bearish sentiment in crude oil markets Thursday.



States Look to Block Seismic Surveys in Atlantic
Attorneys general from 9 coastal states are intervening in a lawsuit aimed at blocking seismic surveys that could help pinpoint oil under Atlantic waters.



(Bloomberg) -- Oil’s struggling to recover from its biggest three-day slump since 2016 as the specter of slowing global growth haunts investors who are already worried about a glut.



Eni Makes Gas Discovery Offshore Indonesia
Eni has made its third consecutive successful find in Indonesia.

Italian oil and gas BOP Blow Out Preventer repair company gulf coast Eni S.p.A.



Arctic LNG Contract Goes to Saipem
Arctic LNG 2 will boast three 6.6-mtpa trains.

Arctic LNG 2 has awarded a joint venture (JV) of Saipem and the Turkey-based oil and gas services BOP Blow Out Preventer repair company gulf coast Renaissance a 2.2 billion-euro onshore engineering and construction contract in Russia, Saipem reported Wednesday.

  1. Saudi Energy Minister Confident that OPEC+ Will Extend Cuts in 2019 | Gulf Coast Oil Rig Equipment & Repair
  2. Permian's Growth Spurt at Risk of Being Stunted | Gulf Coast Oil Rig Equipment & Repair
  3. Oil Prices Rebound | Gulf Coast Oil Rig Equipment & Repair
  4. Stonepeak and Brookfield In Talks to Buy Tallgrass | Gulf Coast Oil Rig Equipment & Repair