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Opportune Taps David Morris to Lead Dallas-based Restructuring Practice

2020-07-08 00:00:00| OGI

As managing director of Opportune subsidiary Dacarba, David Morrisáprincipal focus will be guiding oil and gasácompanies through corporate restructurings, turnaround management, transactional due diligence and advising on Chapter 11 bankruptcies.

Category: Industrial Goods and Services

Judge Denies Dakota Access Initial Motion to Stay Pipeline Order

2020-07-07 19:45:00| OGI

Dakota Access, controlled by Energy Transfer, filed a motion to stay a ruling by the U.S. District Court for the District of Columbia on July 6 to stop operations and empty DAPL pending an environmental review.

Tags: order access stay initial

Category: Industrial Goods and Services

Saipem Wins $325 Million Petrobras Contract Offshore Brazil

2020-07-07 19:28:47| OGI

Saipem has been awarded a contract by Petrobras on July 6 for the installation of a rigid riser-based subsea system to serve theáB˙ziosápre-salt project, in water depths from 1,537 m to 2,190 m, offshore the state of Rio de Janeiro.

Tags: million contract brazil wins

Category: Industrial Goods and Services

US Oil Production to Decline Less Than Previously Forecast in 2020

2020-07-07 19:25:00| OGI

U.S. crude oil production is expected to fall by 600,000 bbl/d in 2020 to 11.63 million bbl/d, the EIA said July 7, a smaller decline than the 670,000 bbl/d it forecast previously.

Tags: production previously oil decline

Category: Industrial Goods and Services

Private Minerals Companies: Solid (Relatively) as the Rock

2020-07-07 18:00:00| OGI

A brutal downcycle hurts all, but dont mistake mineral portfolios with struggling E&Ps. The nature of their part of the business means less risk but greater stability in times like these.

Tags: the private rock companies

Category: Industrial Goods and Services

DAPL Shutdown May Revive Oil-By-Rail Industry

2020-07-07 17:23:09| OGI

Those with tank cars may feel fortunate, but bringing back furloughed workers may depend on the length of the shutdown.

Tags: industry shutdown revive dapl

Category: Industrial Goods and Services

Report: Global LNG Projects Jeopardized by Climate Concerns, Pandemic Delays

2020-07-07 16:46:08| OGI

Twenty projects representing $292 billion face financing delays.

Tags: report global projects concerns

Category: Industrial Goods and Services

Texas Reports Drop In Oil, Gas Drilling Permits Issued

2020-07-07 15:58:33| OGI

The RRC said July 6 it issued 312 drilling permits in June, compared to 1,001 in June 2019.

Tags: reports texas issued gas

Category: Industrial Goods and Services

Phaze Ventures, OQ Team Up to Transform Future of Energy Operations

2020-07-07 15:43:11| OGI

Omani collaboration looking for global disruptive technology development opportunities.

Tags: team future energy operations

Category: Industrial Goods and Services

DCP Midstream Launches Methane Management Initiative with Kairos Aerospace

2020-07-07 15:36:38| OGI

DCP Midstream LP and Kairos Aerospace Inc. revelaed a groundbreaking new methane management initiative across DCPs portfolio of natural gas assets on July 6.

Tags: management initiative launches aerospace

Category: Industrial Goods and Services

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