Commodities

To anyone saying that WTI has flipped versus Brent

It hasn't. Arbs stay as huge as they've been because the crude export ban was lifted, any narrative on the contrary is just mistaken. All the time...

Lion Power secures rig to drill Bula Karang-1 nicely offshore Indonesia

(WO) — Lion Power has contracted the SCD-20 rig from Silver Metropolis Drilling to drill the Bula Karang-1 exploration nicely in Indonesia’s East Seram manufacturing sharing contract, marking a key step towards spudding...

Weatherford to shift domicile to Texas in transfer to streamline construction

(WO) — Weatherford Worldwide has proposed relocating its authorized domicile to the US, with Texas set to develop into its new company house as the corporate appears to be like to simplify its...

Transocean lands $1 billion in Brazil, Norway offshore rig contracts

(WO) — Transocean has secured roughly $1 billion in new offshore drilling work, pushed by deepwater contract extensions in Brazil and a brand new harsh-environment rig award in Norway. The corporate added the backlog...

New Fortress secures long-term lease for Brazil FSRU LNG terminal

(WO) — New Fortress Power’s Brazil platform has signed a long-term lease and capability settlement for its Terminal de Gás Sul (TGS) LNG import facility in Santa Catarina, marking a key step in...

SLB, Azule Power develop digital platform to optimize Angola operations

(WO) - SLB has signed a three-year settlement with Azule Power to develop deployment of its Delfi digital platform throughout the corporate’s operations in Angola, aiming to enhance execution effectivity and streamline upstream...

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