7月21日油气行业十大新闻

Halliburton 2Q Beats Expectations. Chairman and CEO of Halliburton said second quarter results for the company showed “resilience in the face of another challenging quarter.”

Aasta Hansteen Worker Falls to Death. A South Korean worker died after falling off a scaffold at Hyundai Heavy Industries.

Oil Production to Increase by 30 Percent in Algeria by 2020. According to Algerian energy minister Nouredine Bouterfa, the country plans to boost oil production to make up for lost revenue due to crashing oil prices.

ExxonMobil’s Golden Cross. Back in mid-March, the world’s largest oil & gas company and fourth largest by market capitalization, bore what investors refer to as the “golden cross.”

Golden Cross for Anadarko Too. ExxonMobil isn’t the only company boasting this development.

Petronas Names Vestigo As Bertantai Field Operator; Starts Drilling Operations. Petronas has appointed its wholly-owned subsidiary, Vestigo Petroleum Sdn Bhd to operate and maintain the Berantai Field on its behalf.

Aramco Signs Deals for $13 Billion Fadhili Gas Project. State oil giant Saudi Aramco signed four major engineering contracts related to its Fadhili gas processing project, the company announced.

Mexico Opens Round 2 Tender Process. The Wall Street Journal reports that the Mexican government launched its second round of oil auctions. Round 2 has on offer 15 exploration and production blocks in shallow waters of the Gulf of Mexico.

Canadian Natural Resources Postpones Ivory Coast Investment. A $300 million to $400 million investment by Canadian Natural Resources in its Ivory Coast assets is on hold as officials keep an eye on tumbling oil prices.

Iraq becomes India’s top source for oil in second quarter. OPEC’s top oil producer is continuing to lose ground in a number of global markets, evidenced by Iraq besting Saudia Arabia to become India’s number one oil supplier during the June quarter.