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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 Morris principal focus will be guiding oil and gas companies 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 initialCategory: 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 the Búzios pre-salt project, in water depths from 1,537 m to 2,190 m, offshore the state of Rio de Janeiro.
Tags: million contract brazil winsCategory: 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 declineCategory: 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 companiesCategory: 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 daplCategory: 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 concernsCategory: 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 gasCategory: 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 operationsCategory: 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 aerospaceCategory: Industrial Goods and Services