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International Energy Logistics Group Boosted by North Sea Growth

Peterson Offshore Group BV, one of the leading energy services groups operating in the North Sea announces its consolidated results for the 12 months ending ...

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PIRA Energy Group’s Weekly Oil Market Recap for the Week Ending September 28th, 2014

NYC-based PIRA Energy Group reports that PIRA is cautiously optimistic the global economy will withstand the Fed’s policy shift. In the U.S., stock build slows. ...

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DW Monday September 29th, 2014: Local Content – A Fact of Life

In many of the key deepwater markets, estimated to be worth $72bn by 2018, E&P and OFS companies alike are exposed to challenging local content ...

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Helix Announces New $250 Million Credit Facility for its Subsidiary Helix Q5000 Holdings S.A.R.L.

Helix Energy Solutions Group, Inc. (NYSE: HLX)has  announced that its wholly owned subsidiary, Helix Q5000 Holdings S.A.R.L., has entered into a credit agreement with a ...

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Hc2 Announces Acquisition of Global Marine Systems Limited and Completion of Related Financing Transactions

HC2 Holdings, Inc. (“HC2”) (OTCQB: HCHC) announces the acquisition of Bridgehouse Marine Limited (“Bridgehouse”), the parent holding company of Global Marine Systems Limited (“Global Marine”). ...

douglas-westwood

DW Monday September 22, 2014: Oil Price Pressures

At present we are seeing lower oil prices as a function of softer demand growth in both Europe and China combined with recent output increases ...

pira

PIRA Energy Group’s Weekly Oil Market Recap for the Week Ending September 21st, 2014

NYC-based PIRA Energy Group reports that accounting for the strength of U.S. jet fuel demand this summer. In the U.S., stock excess accelerates. In Japan, ...

Douglas-Westwood

DW Monday September 15, 2014: Denmark – The Last of a Dying Breed

Denmark is the European Union’s (EU) only net exporter of oil. The Nordic state’s oil exports totaled approximately 13.7 million barrels of oil equivalent in ...

pira

PIRA Energy Group’s Weekly Oil Market Recap for the Week Ending September 14th, 2014

NYC-based PIRA Energy Group reports that Asian oil balances remain long, for now. In the U.S., product stock build outpaces crude draw, widening commercial stock ...

pira

PIRA Energy Group’s Weekly Oil Market Recap for the Week Ending September 7th, 2014

NYC-based PIRA Energy Group reports that Cushing stocks to rise in 4Q, while pipeline projects relieve congestion in other midcontinent markets. In the U.S., slight ...

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IRS Targeting Foreign Vessels Working on the Outer Continental Shelf

By: Arthur “Alex” Perez Burleson LLP Many non-U.S. companies may owe Uncle Sam federal income taxes if they conduct business on the US Outer Continental ...

Douglas-Westwood

DW Monday September 1, 2014: A Boost for UK Offshore Drilling?

From a peak of 396 in 1996, numbers of wells drilled offshore UK fell to 164 in 2013, a low not seen since 1979. Development ...

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