oil industry


All posts for oil industry

Oil Giant Jadestone Energy Completes Montara Project Takeover

Jadestone Energy, a Singapore based independent oil firm has announced that it has acquired the Montara project, off the Australian coast. As per sources, the acquisition has been completed at a valuation of GBP 147.1million. For the uninitiated, the Montara project is located around 430 miles we ...

Jui Kate


Posted 20 days agoPress > OilOil & Gasoil industry

Shell to Shed Nigerian Oil Licenses Worth $2 Billion to Local Bidders

Oil giant Shell has reportedly initiated negotiations with local oil producers for selling two of its Nigerian oil licenses in the Niger Delta, collectively worth $2 billion. The Anglo-Dutch petrochemical giant is in talks about selling its oil mining licenses 11 and 17, reports confirmed. Sources ...

Jui Kate


Posted 22 days agoPress > OilOil and GasEnergy +2

Lanxess Sells 50% of its Arlanxeo Stakes to Oil Giant Saudi Aramco

The German specialty chemicals industry major Lanxess has recently announced that it is selling its 50% stake in a synthetic-rubber manufacturing company Arlanxeo to its JV partner Saudi Aramco. Reportedly, the two companies that founded the 50:50 synthetic rubber joint venture in 2016 have offici ...

Jui Kate


Posted 29 days agoPress > Oiloil industryspecialty chemicals +2

Lanxess Sells 50% of its Arlanxeo Stakes to Oil Giant Saudi Aramco

The German specialty chemicals industry major Lanxess has recently announced that it is selling its 50% stake in a synthetic-rubber manufacturing company Arlanxeo to its JV partner Saudi Aramco. Reportedly, the two companies that founded the 50:50 synthetic rubber joint venture in 2016 have officia ...

Jui Kate


Posted 1 month agoPress > chemicals industryoil industryoil gaints

The State of the Industry: Q1 2018

  The first quarter of 2018 has proven to be a continuation of an upswing that settled in over 2017, at least according to the financial results of the supermajors. Aggressive cost-cutting from the past paired with a consistent rise in crude prices over the first quarter has contributed to reven ...

Easwaran Kanason


Posted 4 months agoOpinion > Nrgedge articleOil and Gasoil industry +8

Advanced Well Integrity Management

petro EDGE  presents... ADVANCED WELL INTEGRITY  MANAGEMENT 28 May – 1 June 2018 | Brisbane, Australia This intensive  five-day course  is designed to deepen your knowledge of well integrity management, and skills for designing, operating, and maintaining well equipment. The ultimate goal ...

Salina Matt


    28 May 2018


Posted 4 months agoTraining > Well IntegrityOil and Gaswell integrity management +4

NrgEdge - Your Weekly Update: 12 - 16 Feb

Market Watch Headline crude prices for the week beginning 12 February 2017 – Brent: US$62/b; WTI: US$59/b A tumultuous previous week saw crude benchmarks sinking on fears of growing global supply, and a financial rout across the globe. US weekly output rose to 10.25 mmb/d last week, while Ir ...

Nrgedge Admin - NrgEdge


Posted 7 months agoOpinion > nrgedgeOil and Gasoil news +2

Oil and Gas Job Search in the Digital Age: Part 1, Online Presence

Since the oil price crash in 2014 there have been massive layoffs throughout the oil industry and its supply chain. Worldwide estimates of job losses indicate that up to 30% of  oil and gas industry professionals have been made redundant, pushed to early retirement, or jumped to industries with ...

Phil Houston


    GB Permanent  


Posted 8 months agoJob > Engineering specialistsoil and gas engineering jobOil and Gas Industry +7

Memorandum Of Understanding Between Petroedge Pte Ltd, Nrgedge Pte Ltd And Heriot-Watt University Malaysia

PUTRAJAYA, 27th September – Heriot-Watt University Malaysia is pleased to announce that it has embarked on a three-year partnership with PetroEdge Pte. Ltd. (AsiaEdge Pte. Ltd.) and NrgEdge Pte. Ltd. today. This collaboration is aimed at nurturing Heriot-Watt University Malaysia students to be in ...

Nrgedge Admin - NrgEdge


Posted 11 months agoPress > oil industryMalaysiaCareers in Oil & gas +2

Your Weekly Update: 28 Aug - 1 Sep

Last week in the world oil: Prices -       Crude prices rose as key refineries and pipelines in the US Gulf resume operations after being shut for Hurricane Harvey. WTI prices recovered to US$48/b, as refining centres around Corpus Christi, Houston and Port Arthur avoided major damage and resumed ...

Nrgedge Admin - NrgEdge


Posted 1 year agoOpinion > 2017 Oil industry PredictionsOilandGasFuture of the Oil industry +7

Your Weekly Update: 14 - 18 Aug

Last Week in World Oil:  Prices -       Last week's price rally sputtered out at the start of the week, with Brent at nearly US$52/b and WTI at US$48/b. However, with signs that the global market was rebalancing from chronic oversupply, oil prices have been edging upwards, though a rally to ...

Nrgedge Admin - NrgEdge


Posted 1 year agoOpinion > 2017 Oil industry PredictionsFuture of the Oil industryoil industry +7

Your Weekly Update: 31 Jul - 4 Aug

Last week in World oil: Prices -       Oil prices remain stuck – at around US$52/b for Brent and US$50/b for WTI – as BP predicts that crude prices will stay in a range of US$45-55/b over 2018. Although signs are pointing to a slight slowdown, high output from the US is holding prices down, as ...

Nrgedge Admin - NrgEdge


Posted 1 year agoOpinion > Future of the Oil industryoil industry2017 Oil industry Predictions +5

Your Weekly Update: 24 - 28 July

Last week in World oil: Prices -       Oil prices are showing some health, as US crude supplies seem to be moderating and the threat of renewed sanctions against Venezuela looms after a chaotic election there. Brent and WTI are clustering around the US$50/b mark, which seems to be the new support ...

Nrgedge Admin - NrgEdge


Posted 1 year agoOpinion > oil newsoil industryFuture of the Oil industry

Nigeria Report: Domestic companies, international ambitions

I read an article the other day on the Huffington Post that said that the only commodity that Nigeria actually needs is enterprise. It's an admirable idea and certainly there is a lot we could be doing to support entrepreneurs. But in my opinion, the only commodity that Nigeria actualy needs is am ...

Bayo Okoya - Delta Analytics Lagos


Posted 1 year agoOpinion > Nigeriaoil industryOil and Gas

Drilling Bits

This general drilling bit type is available with a large variety of tooth design and bearing types and, thus, is suited for a wide variety of formation characteristics. As the rock type gets harder, the tooth length and cone offset must be reduced to prevent tooth breakage; the drilling action of ...

AONG website - AONG


Posted 1 year agoLink > DrillingDrilling bitsoil industry