Tradequip Blog & Oilfield Industry News

New Plenary speakers added to LNG2019, the only event where China’s ‘big three’ oil majors will be on stage together in 2019 LNG2019, the flagship event for the world’s global LNG industry, will give delegates cutting-edge insight into the big issues that will dominate headlines in the years to come. Event organisers have added three new Spotlight […]

New recruit boosts leadership team capacity, fuels growth plans for dmg events’ construction division dmg events, a leading international events company, has appointed Nick Powell as Vice President of its rapidly expanding Construction Division. Powell has been appointed to help dmg events target portfolio growth across the MENA region. His arrival comes just weeks after […]

After a period of declining oil prices and a difficult trading environment, Asia’s oil and gas industry is now experiencing an upturn, according to experts. In November, the industry will meet at one of its most important events of the year, the Offshore South East Asia (OSEA) 2018 in Singapore. At the event, Schwarze-Robitec will […]

Chesapeake Energy’s nearly $4 billion acquisition of WildHorse Resources marks a pivot point for the company. That’s what Chesapeake CEO Doug Lawler told the audience at the Deloitte Oil and gas Conference in Houston this week—just hours after news broke of the mega-deal in the Eagle Ford. In case you missed it, Chesapeake Energy said […]

LOCATION: Gastech Exhibition & Conference, Exhibition Hall 3. Fira Gran Via, Av. Joan Carles I, 64 08908 L’Hospitalet de Llobregat, Barcelona (Stand O147 – On floor Presentation Theatre), TIME: Wednesday, 19 September 2018, 14:50 INFO: Gastech, the exhibition and conference at the forefront of the key gas, LNG and energy industries, is hosting a press conference with a panel of […]

Singapore, 9-3-2018 – A report published within the Journal of Loss Prevention in the Process Industries uncovered that 74 percent[1] of accidents that occurred within industrial facilities took place in oil storage terminals and petroleum refineries. Human error was also identified as the biggest risk to terminal operators[2]. As a result, the tank storage and terminal industry […]

The number of U.S. rigs drilling for oil saw its first increase in three weeks, Baker Hughes said Friday in its weekly report. U.S. crude oil was on track to post its second straight weekly gain Friday, largely on concerns about an expected decline in supply from Iran due to U.S. sanctions and Venezuela’s declining […]

Enhances Transocean’s position as the leader in ultra-deepwater and harsh environment drilling; Adds nine high-specification ultra-deepwater drillships, two harsh environment semisubmersibles, and two high-specification ultra-deepwater drillships currently under construction; Results in a combined fleet of 57 floaters, with 17 of the top 50 and 31 of the top 100 ultra-deepwater drillships in the industry(1); Enhances […]

BP is considering the offloading of some older oil and gas production assets after it bought the shale business of BHP Billiton, the company told Bloomberg in a statement. The supermajor agreed to buy BHP’s assets in the Eagle Ford, the Permian, and Haynesville in two transactions for a combined US$10.5 billion. Now it plans […]

Oil prices slip after Wednesday’s surge, as the trade dispute between the United States and China deepens. The United States and China slap another $16 billion of tariffs on one another’s goods, raising fears of slower economic growth that could dent oil demand. Crude futures continue to draw support from a bigger-than-anticipated drop in U.S. […]

   Tiger Capital Group announced that it has provided Commander Oilfield Services, LLC (“Commander”) with a $5 million capital infusion that allows the company to add premium assets and expand its service lines to meet strong customer demand in the Permian Basin. Commander, which was formed by Scott Milliren, Kyle Greemon and Norwegian private equity firm Norse Partners, is using the funds […]

Chinese refiners and the U.S. oil industry welcomed a decision by Beijing last week to exclude crude oil exports from a list of goods worth US$16 billion, on which China will impose a 25-percent tariff in response to the latest U.S. round of tariffs on Chinese goods with the same value. Since the decision was […]