Abu Dhabi Okays $122B Oil and Gas Spending Plan
The UAE is boosting investment to make good on pledges to increase output capacity, even as it struggles against OPEC+ restrictions on supply.
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Seadrill Wins GOM Contracts
Seadrill Ltd has added approximately $52 million of backlog following the end of the third quarter of 2020.
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Oilfield Services Players Seek Electric Fracturing Supremacy
Rigzone prognosticators identify trends to watch this week in the oil and gas markets.
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AqualisBraemar to Buy LOC Group
AqualisBraemar ASA revealed Monday that it has entered into an agreement to acquire 100 percent of the shares in LOC Group.
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Aker Bags Equinor Deal
Aker Solutions has won a framework agreement with Equinor (NYSE: EQNR) to provide maintenance and modifications services at the Peregrino field, offshore Brazil.
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China to Take US Oil Refining Crown
America has been top of the refining pack since the start of the oil age in the mid-nineteenth century, but China will dethrone the U.S. as early as next year, according to the International Energy Agency.
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Wintershall Dea Sets Net Zero Target
Wintershall Dea aims to achieve net zero emissions on its upstream activities by 2030.
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Oil Up on US Vaccination Optimism
Oil pushed higher after closing at the strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook.
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Demand Rising for LNG and Oil Cargoes
Here's a recap of articles from the past week that garnered the attention of Rigzone's downstream readers.
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OGUK Explores Decom in a Low Carbon Future
Industry body Oil & Gas UK is exploring decommissioning in a low carbon future in its first virtual conference on November 24-25.