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Oil rig count continues downward trend in US
2016-02-20 12:56:09| Oil & Gas - Topix.net
Houston, Feb 20: The oil rig count continued its downward trend in the United States this week with only 413 still operating, a leading oil field service company said. The number of oil rigs in the country this week fell by 26, and the number of oil and gas rigs totalled 514, the lowest point since the last century, specifically 1999 when the country had 488 rigs, Xinhua cited Friday's data released by Baker Hughes, one of the world's largest oil field services companies, as saying.
China drops online notice of oil rig location after Vietnam complaint
2016-01-23 07:59:54| Oil & Gas - Topix.net
Chinese maritime officials on Friday removed an online notice giving the location of a $1 billion deepwater oil rig in the South China Sea two days after issuing it, following a warning from Vietnam about drilling in disputed waters. Vietnam closely tracks the movement of the oil rig, which in mid-2014 caused the worst diplomatic rift between the neighbors in decades, when China parked it for 10 weeks in waters Vietnam considers its own.
Tags: online
location
notice
china
Vietnam warns China for moving oil rig into disputed waters
2016-01-21 01:00:00| Offshore Technology
Vietnam warned China against moving a $1bn deepwater oil rig into disputed waters of the South China Sea, warning it could repeat the diplomatic row between the two countries from 2014.
Tags: china
moving
oil
vietnam
Norway police drop tax charges against oil rig firm Transocean
2016-01-14 08:35:34| Oil & Gas - Topix.net
Jan 14 Norwegian police said on Thursday they have dropped a planned appeal in a decade-long tax fraud case against Swiss-based offshore drilling firm Transocean , declaring that the company and its advisers are now considered innocent. Transocean and three individuals were acquitted by Oslo's district court in July 2014, and the prosecution's demand for 1.8 billion Norwegian crowns in damages was dismissed.
Fire crews are battling an oil rig fire in Oklahoma
2016-01-14 02:39:29| Electronics - Topix.net
Authorities say the oil rig is about 6 miles east of Chickasha. Video of Wednesday's blaze showed a large plume of thick black smoke rising from the rig.
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