Headlines for June 29, 2017

  1. Daily Infographic: Saudi Production Fell In May

    Supply from Saudi Arabia eased 40,000 bbls per day to 9.92 million bbls a day in May, holding below its 10.06 million bbls a day output target for the fifth month running, noted the International Energy Agency (IEA). Compared to a year ago, Saudi output was down 310,000 bbls a day.  

  2. Wood Group Wins Husky White Rose Engineering Contract

    Husky Energy Inc. has awarded Wood Group a multimillion-dollar contract to complete detailed engineering for the topsides of White Rose, a concrete gravity-based structure wellhead platform planned for offshore eastern Canada.

  3. ConocoPhillips Selling Barnett Assets

    ConocoPhillips has entered into a definitive agreement to sell its interests in the Barnett to an affiliate of Miller Thomson & Partners LLC for $305 million plus net customary adjustments.

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