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Occidental Petroleum to Sell Colombia Onshore Assets for $825 Million

2020-10-01 17:30:00| OGI

Occidental Petroleum said it is continuing to advance other asset sales as it tries to find cash to pay off debt amid a crude price crash. It has so far announced over $2 billion worth of divestitures this year.

Tags: sell million colombia assets

 

API Updates Manufacturing Standard for Onshore, Offshore Steel Structures

2020-07-10 19:00:00| OGI

API recently released the fifth edition of Specification 4F, a manufacturing standard that applies to both onshore and offshore well structures to ensure operational safety and sustainability.

Tags: standard updates manufacturing steel

 
 

Trump Administration Has Denied Most Onshore Drilling Relief Requests

2020-06-29 11:10:00| OGI

The Bureau of Land Management has been fielding individual applications for royalty reductions and lease suspensions from oil and gas drillers since April after rejecting industry calls for broad cuts.

Tags: administration requests relief denied

 

Offshore Technology Delivering Value in Onshore Wells

2020-05-07 13:00:00| OGI

A new perforating system developed to reduce rathole lengths to accommodate gun debris finds additional applications.

Tags: technology wells delivering offshore

 

Wood Snags US Onshore Wind Contracts Worth over $100 Million

2020-04-16 15:25:26| OGI

Wood, the global engineering and consulting company, has secured a number of engineering, procurement and construction (EPC) onshore wind contracts in the United States worth a combined $100 million, the company said on April 14.

Tags: million worth wood wind

 

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