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Here are some of Rigzone s top upstream stories during the last week, just in case you missed them.
Here are some of Rigzone s top upstream stories during the last week, just in case you missed them…
EIA Raises Oil Price Forecasts
The U.S. Energy Information Administration (EIA) raised its Brent and West Texas Intermediate (WTI) oil price forecasts for this year and next year, its latest short term energy outlook report revealed.
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How Many US GOM Jobs Could Go Under Biden?
According to the National Ocean Industries Association’s latest projections, which were prepared by Energy & Industrial Advisory Partners, if U.S. President Joe Biden’s pause on new oil and natural gas leases in offshore waters becomes permanent, the effect on the U.S. Gulf of Mexico workforce would be considerable.
The safety system is operating on the Deepwater Conqueror. PHOTO SOURCE: Transocean
Transocean Ltd. (NYSE: RIG) has successfully deployed what it calls the offshore drilling industry’s first safety system to integrate a wearable locating device with drill floor equipment and machine stoppage controls.
“We are extremely proud of our efforts to provide our crews with additional tools and resources to complement our industry-leading training and safety programs,” Transocean President and CEO Jeremy Thigpen remarked in a written statement emailed to Rigzone.
The drilling contractor stated that its patented “HaloGuard” system is now operational on the Deepwater Conqueror drillship in the Gulf of Mexico. According to the company’s most recent fleet status report, the vessel is under contract to Chevron (NYSE: CVX).