Oil Rallies

Thursday, July 01, 1999
Oil markets added to 18-month, in part driven by OPEC output cuts which burrowed further into surplus inventories in major Western consuming countries. On Thursday, Benchmark Brent crude closed nine cents higher at $17.60 a barrel after rising 72.
Maritime Reporter April 2015 Digital Edition
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People & Company News

Transocean Swings to Loss on Falling Revenue

Transocean Ltd., one of the world's top offshore drilling companies, reported a first-quarter loss on Wednesday as oil exploration and production companies rent

1,000th Becker Mewis Duct to Be Presented at Nor-Shipping

Hamburg-based Becker Marine Systems will present its 1,000th Becker Mewis Duct in Oslo at Nor-Shipping 2015.   The use of all ducts previously delivered will have lowered CO2 by more than 1.

Shell Declares Force Majeure on Forcados Crude Exports

Shell has declared force majeure on exports of Nigeria's Forcados crude oil stream, a spokesman for the company said on Wednesday.   It declared force majeure

Offshore

Transocean Swings to Loss on Falling Revenue

Transocean Ltd., one of the world's top offshore drilling companies, reported a first-quarter loss on Wednesday as oil exploration and production companies rent

ABS Expands in Offshore Markets with AIM Service

ABS Group has announced the release of a new offshore Asset Integrity Management (AIM) service focused on driving operational reliability, efficiency and profitability for asset owners and operators.

M-I SWACO Unveils Fluid, Cuttings Separator

M-I SWACO, a Schlumberger company, announced today the release of the SCREEN PULSE fluid and cuttings separator. Easily installed onto new or existing shale shakers,

 
 
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