July 10, 2018 – OutPut
Just In

Day: July 10, 2018

75% increase in LNG new build orders so far in 2018 | OutPut by Rig Lynx

Orders for liquefied natural gas (LNG) carriers surged in the first half of this year as compared to the same period in 2017. According to the data by VesselsValue provided to LNG World News, 22 LNG vessels worth $3.97 billion have been ordered in the first half of this year. This compares to eighth LNG […]

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China DPG stops import of U.S. crude and turns to Iran | OutPut by Rig Lynx

An independent Chinese refiner has suspended crude oil purchases from the United States and has now turned to Iran as one of its sources of crude, media reports, citing an official from the refiner, Dongming Petrochemical Group. What’s more, the source said that Beijing is planning to slap tariffs on U.S. crude oil imports and replace […]

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Precision lands an additional rig on a 5 year run in Kuwait | OutPut by Rig Lynx

Precision Drilling Corporation is pleased to announce the award of one new build ST-3000 drilling rig in Kuwait under a five year take-or-pay contract with an optional one year extension. Precision has five active rigs in Kuwait on long term contract and expects the sixth rig to commence operations in the third quarter of 2019. […]

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