Commodities

SLB stories worldwide development as offshore exercise offsets Center East disruptions

(WO) — SLB reported greater second-quarter income as broad-based worldwide development, led by offshore exercise, greater than offset continued disruptions throughout the Center East. Second-quarter income elevated 5% yr over yr to $8.97 billion,...

Petrobras delays restart of P-52 platform following gasoline leak investigation

(Bloomberg) – Brazilian state-controlled oil producer Petrobras’s P-52 offshore manufacturing platform has been shut down for the final 9 months after a flammable gasoline leak and doesn't but have a timetable to return...

Matador strikes $1.28 billion Delaware basin deal, provides 16,000 acres

(WO) — Matador Assets has agreed to amass Permian basin operator Paloma Permian LLC for $1.275 billion in money whereas additionally increasing its place within the rising Woodford play, the place the corporate...

TGS launches Orphan Basin 3D seismic reprocessing mission offshore Canada

(WO) — TGS has begun Section 2 of its Orphan3D pre-stack depth migration (PSDM) reprocessing mission offshore Newfoundland and Labrador, upgrading roughly 13,300 km² of 3D seismic knowledge to help exploration in one...

Which Belongs in Your Portfolio?

Chances are high, when you discovered this text, you’re making an attempt to develop and diversify your investments, and also you’ve run right into a wall of conflicting headlines. Half of what you...

Vår Energi to accumulate BlueNord, creating Europe’s largest unbiased oil and fuel producer

(WO) — Vår Energi has agreed to mix with BlueNord in a transaction that can create the most important unbiased oil and fuel producer in Europe, increasing Vår Energi's footprint into the Danish...

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