Total acquiring battery maker Saft Groupe | Oil & Gas Journal

Total SA will acquire 90.14% of the capital and voting rights of Saft Groupe SA, a designer and manufacturer of advanced-technology batteries for industry based in Bagnolet, France, under a public tender offer to be settled July 21.

Total said it will reopen the tender offer to allow remaining shareholders to participate under original terms.

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How to overcome casing flotation limitations to access the full wellbore

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Running casing to depth in long lateral sections is challenging, often costing operators a significant portion of pay zone at the toe of the well. This article highlights a technology that helped one operator add $120,000 to its incremental gas recovery.

Interior releases final EIS for ANWR coastal plain leasing program

The US Department of the Interior released a final environmental impact statement on Sept. 12 for oil and gas lease sales on the Arctic National Wildlife Refuge’s coastal plain that was authorized under Section 2001 of the 2017 Tax Cuts and Job Act.

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In its September Oil Market Report, the International Energy Agency said that the recent halt of the relentless oil market stock builds since early 2018 is only temporary.

190912 Equinor Bahamas Spill

Equinor progresses with oil spill recovery in the Bahamas

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API issues offshore operations integrity management standards

API published three new integrity management standards on Sept. 10 to assure continued reliable and efficient operation of offshore floating production platforms, including facilities designed to produce crude oil and natural gas as well as export LNG.

EIA: US crude inventories down 6.9 million bbl

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MARKET WATCH: Crude benchmarks drop more than $1/bbl

Light, sweet crude oil for October fell by $1.65 to settle under $56/bbl on Sept. 11 while Brent for November dropped nearly $1.60 to settle under $61/bbl.

US gas resource base broke records by yearend 2018, PGC reports

Estimated US gas resources increased to a record 3,374 tcf at yearend 2018, 20% more than 2 years earlier, which represents the largest 2-year increase in the assessment’s 54-year history, the CSM's Potential Gas Committee and the AGA jointly reported.

Alberta files Bill C-69 court challenge

The government of Alberta has filed a legal challenge to a federal law enacted earlier this year that opponents say impedes permitting of oil and gas pipelines and other major projects.

Obsidian studying strategic alternatives

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Share sales to end GE’s control of Baker Hughes

General Electric Co. and affiliates plan share sales that will end their control of Baker Hughes, a GE Company.

New EQT leaders cutting staff by 23%

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