Rigzone catches up with Crudefunders on how the oil project crowdfunding platform is faring in today’s market.
Source: Offshore
Investment Grows in Oil Projects Offered in Crowdfunding Platform
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Statoil awards an EPCI contract to FMC Technologies and Technip Norge, and a topside contract to Aker Solutions, for deliveries to the Trestakk development.
Source: Offshore
Statoil Awards Services Contracts for Trestakk Development
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OPEC can’t cut oil production alone to stabilize the market, according to the former Saudi Arabian energy minister.
Source: Offshore
Saudi Former Oil Minister Says OPEC Can't Cut Output by Itself
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Technological improvements are required if gas is to serve as a long-term fuel, according to an International Energy Agency report released in time for the official launch of the Paris Agreement.
Source: Offshore
Technological Improvements Required For Gas To Remain Long-Term Fuel
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InterOil says an appeals court in Canada had overturned approval of the natural gas producer’s $2.5 billion sale to ExxonMobil.
Source: Offshore
ExxonMobil's Bid For InterOil In Doubt After Canadian Court Ruling
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Machine learning offers an opportunity to enhance methane leak detection technology.
Source: Offshore
Machine Learning Could Enhance Methane Leak Detection Technology
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In a report last week detailing sub-Saharan Africa’s dire economic outlook, the International Monetary Fund singled out Senegal as a rare bright spot.
Source: Offshore
Senegal At Crossroads As Oil Boom Looms
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Maersk Oil remains optimistic it will secure a tax deal by the end of the year allowing it to continue production at the Tyra gas field in the Danish part of the North Sea.
Source: Offshore
Maersk Oil CEO Optimistic On Tax Deal For Tyra Gas Field
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Independent private equity firm Energy Ventures earmarks $200 million to help boost North Sea oil and gas companies during challenging times for the industry.
Source: Offshore
Energy Ventures Earmarks 0M to Boost North Sea Industry
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International oil companies will probably cut investment spending about $370 billion this year and next, according to Wood MacKenzie.
Source: Offshore
More Oil Spending Cuts Coming as UAE Warns About Supplies
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