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U.S. drillers cut oil and gas rigs for 15th straight week -Baker Hughes
2016-04-02 17:13:16| Oil & Gas - Topix.net
April 1 The number of rigs drilling for oil and natural gas in the United States fell for the 15th straight week to the lowest level since at least 1940, data showed on Friday, as the energy price rout takes its toll on shale producers' financing and their ability to drill new wells. Drillers cut 14 oil and gas rigs in the week to April 1, bringing the total rig count down to 450, oil services company Baker Hughes Inc said in its closely followed report.
Alaska Lawmakers Looking at Oil, Gas Tax Credit Changes
2016-04-01 14:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: Oil and gas tax credits are poised to be the subject of major debate as the Alaska Legislature enters what are supposed to be its final weeks. The oil and gas industry is warning against big changes at a time when the industry is being hit by low oil prices. The state, which has long relied on oil revenues to fund government, is feeling the effects of chronic low prices, too, and lawmakers face some unpopular options, including changes to the dividend that most Alaskans receive each year, as...
PACC secures contract to support oil and gas production activities in Campos Basin, Brazil
2016-04-01 01:00:00| Offshore Technology
PACC Offshore Services has secured a one-year contract to support the oil and gas production activities of an undisclosed client in the Campos Basin, Brazil, using its semisubmersible accommodation vessel, POSH Xanadu (SSAV).
Tags: support
activities
production
contract
Chariot Oil & Gas to sell 40% interest in Morocco's Rabat Deep offshore licence
2016-03-31 01:00:00| Offshore Technology
Chariot Oil & Gas Investments has signed an agreement to sell 40% equity interest in the Rabat Deep offshore licence in Morocco to Eni's subsidiary.
Aker Solutions to provide services for BPs subsea oil and gas fields in UK
2016-03-30 01:00:00| Offshore Technology
Aker Solutions has signed an agreement to deliver engineering and project management services at various subsea oil and gas fields operated by BP.
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