Sentences with phrase «many oil rig»

Oil fell earlier in the day after a weekly report showed U.S. drillers added five oil rigs in the week to April 27.
Here's hoping that when the tech bubble inevitably bursts, the site will make another one comparing real - estate prices to the crummiest places on the planet, like perhaps this decrepit oil rig in the middle of the sea.
That's good news (so long as you don't own any oil rigs).
Norway's Statoil is investing in offshore wind farms, leveraging its expertise building offshore oil rigs, and investing in research into capturing and storing carbon dioxide.
CNBC's Eunice Yoon travels to an oil rig in the disputed waters of the South China Sea and gets caught in a chase by Chinese coast guards.
U.S. drillers added five oil rigs in the week to April 27, bringing the total count to 825, the highest since March 2015, General Electric's Baker Hughes energy services firm said.
The count of active oil rigs fell with prices, but has risen over the past few months, mostly in the Permian.
Ann Cairns started her career in the North Sea, designing and testing pipelines for oil rigs.
She was the first female engineer to work on offshore oil rigs in the UK — an environment that she's said was less sexist than her next workplace in the investment banking industry.
U.S. drillers added five oil rigs looking for new production in the week to April 27, according to energy services firm Baker Hughes, bringing the total count to a March 2015 high of 825.
But if you explain that you're in the middle of a real crisis — like if the oil rig is on fire — you're sure to get far different results.
When an off shore oil rig has a blowout or there's a nuclear accident, the responsible party should cover the cleanup costs, right?
U.S. drillers added five oil rigs drilling for new production in the week ending April 20, bringing the total count to 820, the highest since March, 2015, according to General Electric's Baker Hughes energy services firm.
KUWAIT CITY — Kuwait's state - run oil company says it has contained a fire at an onshore oil rig in the country's southwestern oilfields.
Rob Wiesenthal, Blade founder & CEO, talks about diversifying his helicopter business by expanding routes to include more that just oil rigs.
This crackdown is partly due to a string of recent, highly - publicized disasters including the West Virginia coal mine explosion, an oil rig south of Louisiana that blew up, and a fire at a Washington State oil refinery.
The tally of oil rigs rose in recent weeks, with oil prices near $ 50 per barrel and demand for drilling equipment on the rise.
Although the oil rig count has been rising, US production is still down year - on - year, reflecting some continued caution and weakness among the largest producers.
Terex (TEX), which makes heavy equipment used on oil rigs and in mines, fell into this latter category.
Last week, the oil rig count fell for the first time in four months, by two to 441.
There are 112 fewer active oil rigs compared to a year ago.
CNBC's Jackie DeAngelis reports on the addition of two more U.S. oil rigs after a brief reduction last week.
The US oil rig count fell by the most in two months this week, by 21 to 524, according to oilfield services giant Baker Hughes.
U.S. energy companies added 12 oil rigs drilling for new production last week, taking the total to 759, General Electric Baker Hughes energy services firm said on Friday.
The count of active oil rigs in the US for the fourth straight week last week and is more than 80 % higher than the low reached in May 2016.
Employers across the state have shed thousands of jobs since October 2015, as more than a third of New Mexico's oil rigs shut down.
In 1994, Derrick Rowe had a $ 5 - million two - way - radio company that serviced oil rigs in the NorthAtlantic out of St. John's, Newfoundland.
Before it was a hotel, this was an abandoned oil rig in the Celebes Sea (between Borneo, the Philippines, and Indonesia).
In a troubling sign of escalating tensions, dozens of Chinese ships confronted Vietnamese coast guard boats approaching an oil rig deployed by Chinese offshore oil company CNOOC in waters claimed by both nations.
As a college graduate schooled in accounting, working on an oil rig in the Gulf of Mexico was not my idea of a job, much less a career.
Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon April 21, 2010.
Likewise, technicians working in remote locations — on an oil rig, say, or in an aircraft — can call on distant experts for help with repairs.
For example, crews needing to repair a complex mud pump on an oil rig could simply activate step - by - step visual instructions right in front of their eyes, hands - free, and in real time.
Incidents involving death or safety, like Toyota's TM, -0.02 % faulty air bag recall or the 2010 explosion of a BP BP, -0.03 % oil rig and oil spill in U.S. waters, were more catastrophic in terms of consumer fallout.
Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.
Although the number of oil rigs are still up significantly year on year, the increases slowed in the Q2 2017, and have reversed in Q3.
Canada's rig count additions appears to be leveling off, and despite its large swings in the number of active rigs on a weekly basis, has roughly the same number of oil rigs in operation that it had back at the end of July.
Oil rigs in the United States now number 744 — 326 rigs above this time last year.
What's more, the number of active North American oil rigs fell by two in the week ended June 30, from 758 to 756 rigs, the first such contraction since January, according to the Baker Hughes Rig Count.
Getty Images Floor hands work on an oil rig in the Bakken shale formation outside Watford City, North Dakota.
Active oil rigs fell by five to 744.
Recent data on oil rig activity and the capital expenditure plans of oil and gas firms suggest that investment in the sector has begun to increase this year.
«We have had our eye on looking for the best opportunity for us to get into LNG and Asia - Pacific — I see those as pretty closely linked — and that's what led us to thinking about Santos,» says US - born Cook, a one - time trainee on oil rigs in Michigan whose track record at Shell has earned her the moniker of the «first lady» of oil and gas.
In the latest report by Baker Hughes dated April 28, 2017, the oil rig count reached 697, a huge increase from the lows of 316 in May 2016.
Every USDCAD trader should stick to releases connected to the oil industry, i.e. OPEC production levels and meetings, US oil rig count, inventories levels, and others.
They own 5 ultra-deepwater (with 2 more under construction), 2 deepwater (with one other than was recently scrapped), and 5 jackup (shallow water) oil rigs.
Atwood Oceanics is a oil rig company.
Active oil rig counts continue to fall, and are at their lowest level since August» 99.
Companies whose businesses are dominated by either of the following activities: The construction or provision of oil rigs, drilling equipment and other energy - related service and equipment, including seismic data collection.
The US oil rig count increased by five units in the week to April 20, bringing oil rigs to 820, according to Baker Hughes.
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