Foxtrot International News

 

Shipbuilding: International WTIV Market Represents a $14B Opportunity

Aug 09, 2021

As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will…

Naftogaz Chief Pledges to Work with International Partners

Apr 30, 2021

Ukraine's state-run energy firm Naftogaz will continue to cooperate with international partners, new Chief Executive Yuriy Vitrenko said on Friday.The sacking of the previous Naftogaz head had prompted a warning from Ukraine's Western backers…

Schlumberger Sees International Drilling Activity Improving

Apr 23, 2021

International oil activity should ramp-up through the end of this year and beyond, Schlumberger NV top boss Olivier Le Peuch said on Friday, a shift that will help the company grow revenue outside North America by double-digits in the second half of the year…

Halliburton Expects International Activity Growth to Accelerate

Apr 21, 2021

Halliburton Co on Wednesday reported a 6% rise in first-quarter adjusted profit from the previous three months, as a rebound in oil prices from pandemic lows fueled drilling activity and demand for oilfield services.Higher oil prices during the quarter boosted drilling…

Ivory Coast: Foxtrot to Spend $315M to Increase Its Gas Output

Nov 23, 2020

Ivory Coast-based energy firm Foxtrot International will invest $315 million to increase its gas output by a third by 2022 to meet the West African nation's growing power needs, the firm's general manager told Reuters on Monday.Ivory Coast,…

Poland to Merge Four Energy Groups with Aim to Make International Player

Jul 14, 2020

Poland laid out plans on Tuesday to merge four of its largest energy groups in a move the government hopes will create a player able to compete in international oil, gas and electricity markets.PKN Orlen, the country's largest refiner on Tuesday…

ADNOC in $10B Mega Pipeline Deal with International Consortium

Jun 23, 2020

Abu Dhabi National Oil Company (ADNOC) said on Tuesday it had signed a $10 billion gas infrastructure deal with a consortium of investors, while its chief executive told Reuters the company would keep a tight lid on costs amid low oil prices…

Norway Seeks More Details from Equinor on International Ops

Jun 10, 2020

Norway's energy minister said state-controlled Equinor must be more transparent about its foreign businesses after it was hit by mounting losses from U.S. oil and gas investments.Equinor made a series of acquisitions of onshore and offshore…

PGS Releases Sharper Ivory Coast Data

May 22, 2020

Norwegian seismic company PGS has said it has released new multi-azimuth GeoStreamer 3D data for Ivory Coast.The company promises that the new 900 sq. km multi-azimuth broadband seismic survey provides increased resolution and sharper imaging…

Qatar Petroleum to Acquire Share in Total's Ivory Coast Offshore Blocks

May 18, 2020

Qatari-state owned oil and gas company Qatar Petroleum has signed a farm-in deal with France's Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano basin, offshore Ivory Coast.The two blocks cover an area of approximately 3…

Petrobras Suspends International Travel Due to Coronavirus

Mar 16, 2020

Brazilian state-run oil firm Petroleo Brasileiro SA has suspended employees' international travel amid the global health crisis caused by the coronavirus, according to a statement on Monday.Petrobras, as the company is known, also said workers older than 65 years of age will have to work remotely…

Harvey Gulf Eyes International Markets

Feb 21, 2020

Offshore marine transportation firm Harvey Gulf International Marine says it has been able to achieve success in the turbulent offshore market by constantly reinvented itself to fit the industry demands.Never afraid to shake things up, Harvey…

Craig International Wins Petrofac Contract

Sep 25, 2019

Oilfield procurement specialist Craig International said it has been awarded its first contract with Petrofac in the UK.The company will provide third party procurement services and supply general oilfield products to support Petrofac’s offshore operations in the North Sea…

Halliburton Profit Beats on International Demand

Jan 22, 2019

Halliburton Co beat Wall Street estimates for quarterly profit on Tuesday, as higher demand for its oilfield services in international markets offset a slowdown in North America.Clients in North America, Halliburton's biggest market by revenue…

Schlumberger Sees International Growth in 2019

Jan 18, 2019

Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled roughly 30 percent since October.With the drop in oil prices many producers were evaluating spending budgets for 2019…

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