Sentences with phrase «from oilfields»

They weren't able to buy this land, but on a cooperative basis where they combine farming their and our land, they have been able to achieve economies of scale which have allowed them to have their sons return from the oilfields.

Trump issued an executive order dismantling the Clean Power Plan, which slashed CO2 emissions from power plants and repealed efforts to reduce methane releases from oilfields.

The Associated Press reported last month that ISIS generates up to $ 50 million a month through sales of crude from oilfields in Iraq and Syria that it now controls.

In the U.S., shale explorers have focused on the most productive parts of their land, drilled faster and better wells there and negotiated lower prices from oilfield service companies.

E&P refers to an exploration and production company Decline rates refer to the slowdown in the rate of production from an oilfield following a peak in production

Not exact matches

Forced to evacuate 30,000 Chinese workers from Libya, they now find their oilfields there frozen as the new regime attempts to nationalize the assets of companies that co-operated with the deposed Ghadafi regime.

The money has come from investors including Blackstone Group, Carlyle, KKR & Co, and others, according to 1Derrick Ltd, which tracks oilfield land deals.

Costs for everything from skilled workers and drilling contracts to steel, raw materials, seismic surveys, engineering and a host of other oilfield services are pro-cyclical.

Some of its offerings include cleaning contaminants from crude oil, disposal of dangerous oilfield waste and storing oil.

Rock Oil suffered along with other oilfield services firms from the downturn in drilling in its home province in recent years.

Sinking crude prices hit oilfield services provider Baker Hughes early this year, and it subsequently cut 7,000 employees from its payroll.

That's why Valero Energy Corp., the largest independent U.S. refiner, is planning to own 9,000 new rail cars by year end to bring in crude from Canada and the U.S.'s equally clogged shale oilfields to processing facilities.

The oilfield services company announced this week that it would cut 2,000 employees from its North American work force, and will stop paying dividends to shareholders, citing difficult market conditions.

McDermott International — The oilfield services company rejected a $ 7 per share takeover bid from Norwegian peer Subsea 7, according to a statement from Subsea 7 this morning.

In a letter to some 2,000 remaining employees (down from 4,300 in 2014), CEO Darin MacDonald announced the family - owned oilfield services company was entering creditor protection and selling two divisions — along with his own resignation.

As Bloomberg reports, total investment in world oilfields stands at $ 450 billion, a significant 24 percent decline from last year.

Iran is expected to add half a million barrels of oil supply a day within a year from its existing oilfields after the lifting of sanctions against Tehran in January, Continue Reading

As mentioned earlier, energy equities decoupled from physical oil prices and sold off, including a steep decline of nearly 9 % for oilfield services industry equities, a recent trend that is somewhat difficult to fully explain.1

The overall U.S. rig count now sits at 789, up 313 rigs from this time last year when the count stood at 476, the Houston - based oilfield services provider said.

The Dakota Access pipeline was designed to transport up to 570,000 barrels of oil daily from a Bakken oilfield that before the price collapse was heading to 2 million barrels of oil a day.

Along with the US, Libya — which is exempt from the production cuts — has resumed operations at its Sharara and El Feel oilfields, which will add another 400,000 bpd of oil to the markets.

In the case of crude oil & condensates, it is expected that significant new capacity will come on stream over the next two years or so, and that this will initially outweigh declines in production from existing oilfields.

The leading non-US benchmark for oil prices reached its highest level for more than two years, as Turkey threatened to disrupt supplies from Kurdish oilfields in northern Iraq in response to the autonomous Kurdish region's referendum on independence.

Most recently he served as Chairman of the Board, President and Chief Executive Officer of Baker Hughes Incorporated, an oilfield services company, from August 2000 until his retirement in October 2004.

Weighing in on oil price uncertainty, market watchers have been in a state of confusion over varying reports over the past three days as to the status of exports from Libya's biggest producing oilfield.

CORPORATE FINANCING NEWS: MERGERS & ACQUISITIONS By Gordon Platt Technology deals — ranging from telecommunications to biotechnology and oilfield equipment — have kept the US mergers and acquisitions arena active of late.

A recent IMR International report published by consultant, Dennis Seisun, notes the situation on guar gum remains critical for food buyers, with oilfield service companies getting priority from suppliers.

He said after the Derbythat he spent from 1995 to 2005 in Alaska working for Veco, his father's oilfield service company.

«We have confirmed reports showing that the Islamic State is shipping crude from Najma oilfield in Mosul into Syria to smuggle it to one of Syria's neighbours,» said Husham al - Brefkani, head of Mosul provincial council's energy committee.

From the President who has refused to act on investigative reports submitted to him on grievous allegations of diverting over a billion naira meant for resettlement of Internal Displaced Persons (IDPs) by the Secretary to the Government of the Federation, Babachir Lawal under the Presidential Initiative for the North East (PINE) and the miraculous discovery of 13billion naira in an apartment at Ikoyi, Lagos under the supervision of the Director of the Nigerian Intelligence Agency (NIA), Ayodele Oke, to the Head of Service of the Federation, Oyo - Ita Winifred Ekanem, who connived with others to reinstate into active duty and promote Abdulrasheed Maina, the former Chairman of the Pension Reform Task Team, who allegedly stole over 6billion naira pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers State.

The goal for the oil companies is to try and extract every last drop from ageing oilfields.

From 2010 to 2012, nearly 24,000 temporary oilfield workers joined the approximately 27,000 permanent residents in Williams Country, the seat of the region's commercial oil industry.

The $ 28 million needed for the centre was raised last year by the sale of oil from the small oilfield in the province.

ABC gave a series order to the documentary - style «Muppets» in a flurry of renewals and pickups that includes a thriller from Shonda Rhimes and an oilfield drama starring Don Johnson.

I found that I can load on the reader engineering data, data tables (e.g.unit conversion factors, oilfield pipe data from API Specifications, useful formulas), and leave bulky and heavy handbooks at home.

Secondly, the oil we've pumped so far is the easy stuff — from now on, it gets more expensive to get what's left, from places like the Arctic Sea, or rapidly dying oilfields.

Schlumberger, a leading oilfield services company, has acquired Raytheon's technology for the extraction of oil from oil shale and oil sands.

A pipeline from the upgrading complex to the oil field transports cutter stock to the oilfield in sufficient quantity to produce pipeline - acceptable crude.

The headline says it all: World will struggle to meet oil demand Output from the world's oilfields is declining faster than previously thought, the first authoritative public study of the biggest fields shows.

Output from the world's oilfields is declining faster than previously thought, the first authoritative public study of the biggest fields shows.

From the article:...... Halliburton, the world's No. 2 oilfield services provider, reported a better - than - expected quarterly profit, helped by buoyant shale drilling activity in North America.

The project will also benefit from synergies resulting from the close proximity of the M'Boundi oilfield.

Whether its a municipally run landfill, agricultural residue in the form of mountains of coffee husks, oilfield cuttings and tailings, or acre upon acre of decomposing trees from pinebeetle infestation, it all represents an enormous global storehouse of energy.

(7) In its 2007 World Energy Outlook, the IEA predicted a rate of decline in output from the world's existing oilfields of 3.7 % a year (8).

Product Liability, Defective Rigging Equipment: An oilfield worker suffered hand injuries when a shackle imported from Korea broke due to defective manufacturing.

Investigation of criminal spear - phishing attack used to steal funds from public oilfield services technology company; direct forensic investigation of attack; counsel client on disclosure obligations and remediation efforts.

In 1979 he was tapped to start the legal department of Stewart & Stevenson Services, a newly public manufacturer and distributor of industrial, oilfield, military and power generation equipment, where he remained to oversee all legal aspects of the company as it grew from $ 300 million to over $ 1 billion in revenue.

Earlier this month, in the case of Essar Oilfields Services v Norscot Rig Management [2016], the tribunal took the unprecedented step of allowing the claimant to recover the cost of its third - party funding arrangement from the opponent.

Members of the Haynes and Boone Oilfield Services Practice Group understand the needs of oilfield service companies, recognize industry practice risk allocation and represent industry leaders ranging from large multi-national conglomerates to more specialized companies serving a national or local market.

a major energy consortium on claims, taxes and penalties brought by a Kazakhstan Government agency in the Kazakhstan courts relating to production from a large Kazakh oilfield and other contractual and investment treaty arbitration claims