Tag: auctions

Mexico optimistic about Monday’s offshore oil auctions

Mexico optimistic about Monday’s offshore oil auctions

Robust interest from oil majors in upcoming offshore oil auctions Mexico is guardedly optimistic about the coming round of offshore oil auctions on Monday after a number of oil majors showed strong interest in the shallow-water tenders. According to Reuters, Mexico will conduct the auctions of 15 oil and gas blocks along the southern coastal […]

Oil field service equipment scooped for bargain prices during downturn

Oil field service equipment scooped for bargain prices during downturn

Las Vegas-based First Titan says market for used oil field equipment will be huge when industry turns around First Titan Corp. believes it has found a lucrative new source of future revenues and is pursuing opportunities in a market some are abandoning: oil field services. Oversupply and falling demand have the oil and gas industry mired in a […]

By October 1, 2015 0 Comments Read More →