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Supermajors’ Cost Index: How Efficient are they in Developing their Assets? | Petroleum Africa

The ‘lower for longer' oil price environment has forced oil and gas companies to look hard at their cost structures. Despite development costs accounting for more than 50% of total costs, the industry currently acks a widely accepted measure for assessing efficiency in this area.

Muktadir Ur Rahman


Posted 2 years agoLink > Supermajors Cost IndexBPShell +20

Exclusive: Maersk, DONG oil and gas merger talks stall over price - sources

COPENHAGEN/LONDON Talks between shipping group A.P. Moller-Maersk (MAERSKb.CO) and DONG Energy (DENERG.CO) to merge their oil and gas business have stalled after the two Danish firms could not agree on a price, industry and banking sources said on Wednesday.The breakdown in talks aimed at creating ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > Maersk OilDONG Oilmerger

Exclusive: Cost of pump-at-will oil policy spurred Saudi OPEC U-turn

Sources say the kingdom may have stretched its current limits by extracting a record of around 10.7 million bpd this year, which could be one reason why Riyadh pushed so hard for a global deal to cut production.Riyadh, the world's top oil exporter, felt the burn of cheap oil this year when crude w ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil priceSaudi Arabia

Oil surges 10pc as OPEC agrees to cut production

The deal brokered at talks in Vienna was achieved after OPEC's largest producer Saudi Arabia gave ground and agreed that Iran — still recovering from trade sanctions — was a special case and would be exempted from the cuts. The deal will reduce output by 1.8MMbd from January 2017 and runs for 6 m ...

Adam Marmaras - OilVoice


Posted 3 years agoLink > OPECoil priceSaudi Arabia +1

Oil prices continue rise as OPEC, Russia agree to cut production

Oil prices have continued their rise after oil producers cartel OPEC and Russia agreed to cut production at a meeting in Vienna yesterday. US stocks have rallied to record highs following the election of Donald Trump as the next US president on optimism about his plans for more infrastructure spe ...

Adam Marmaras - OilVoice


Posted 3 years agoLink > OPECoil priceRussia

Oil hits highest since mid-2015 as OPEC and rivals agree historic deal

LONDON Oil rose by as much as 6.5 percent on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices.Brent crude futures were up $2.38 at $56.72 per barrel by 1002 GMT, having hit ...

Adam Marmaras - OilVoice


Posted 2 years agoLink > OPECoil price

Trump Says U.S. Should Have Stolen Iraq’s Oil, ‘Maybe We’ll Have Another Chance’

While addressing the CIA on Saturday, President Donald Trump took a break from lambasting the media to remind everyone that he thinks the U.S. should have stolen Iraq's oil. He made the argument numerous times on the campaign trail, suggesting that the U.S. could take Iraq's oil while fighting IS ...

OilVoice Press - OilVoice


Posted 2 years agoLink > Donald TrumpIraq

Why Pumps Fail: Compromised Lubrication Pressure

By manipulating lubrication pressure and flow rates, which are inversely proportional values, you can provide pump components with the appropriate lubrication to avoid premature failure. Shell bearings, on the other hand, need low flow rates and high pressure to get a thicker film into tighter sp ...

Chris Smith


Posted 2 years agoLink > Weir GroupMaintenance and Reliability

James Bream: Has the oil and gas industry reached a turning point?

LAST week saw the release of the results of our 25th Oil and Gas Survey, as the industry prepares to enter the third year of the current low oil price period. Industry body Oil & Gas UK estimates that the sector is now supporting around 120,000 fewer jobs than just two years ago. There is no que ...

Adam Marmaras - OilVoice


Posted 3 years agoLink > James BreamOil & Gas UK

Well Testing Uncertainties Online (Simple Version)

Rating is available when the video has been rented. This feature is not available right now.

Ali Azi


Posted 1 year agoLink > welltestinguncertaintyWell testing +6

OPEC’s Last Push for Oil-Cuts Deal Shifts Focus to Iran, Russia

OPEC's final push to implement the Algiers supply accord and boost oil prices shifted focus to Iran and non-members such as Russia as Iraq appeared to reverse its opposition to output cuts. The extension of shuttle diplomacy -- including a visit to Tehran from an architect of the September agreem ...

Adam Marmaras - OilVoice


Posted 3 years agoLink > OPECIranRussia

HR Management Courses in Dubai (UAE) from University of Dubai & SHRM

In addition to imparting knowledge on advanced areas like HR Analytics and providing a region specific context, the contents of this course have also been integrated with the SHRM Competency Model. The SHRM Body of Competency and Knowledge™ (SHRM BoCK™), which is based on the SHRM Competency Mode ...

Saumil Shah


Posted 4 months agoLink > conglomerates in the Oil & GasHr courses in DubaiTalentedge

PressTV-Iran to sell oil at $50 per barrel next year

Iran's President Hassan Rouhani, who presented the budget bill to the Parliament on Sunday, portrayed a positive picture of the country's oil revenues for the next year. Rouhani emphasized that the prospects will be specifically positive in light of the country's recent “victory” in OPEC to move ...

Adam Marmaras - OilVoice


Posted 3 years agoLink > Iranoil price
Last fetch 12/10/2019 9:21:28 PM