From today’s Energy Daily newsletter (Bloomberg);
Look out, shale. Competition from the deep sea is roaring back.
The Big Three oilfield service providers — SLB, Baker Hughes Co. and Halliburton Co. — have said for months the hottest new spots to drill are shifting from the West Texas Plains to the waters off South America and elsewhere. Now this week, Chevron Corp. made a $53 billion bet on the deep-sea oil deposits off Guyana by agreeing to buy Hess Corp.
Meanwhile, Noble Corp., the biggest offshore drilling contractor by market value, is gearing up for explorers to put as many as 10 deep-water rigs back to work next year. Compare that with the Federal Reserve Bank of Dallas’ latest survey of shale executives, who said the number of US onshore rigs is apt to remain flat for the next six months.
Guyana and South America, eh? Further down the page…
Siemens Energy AG is in talks with the German government about securing state guarantees as it struggles to shore up its troubled wind-turbine unit. The company is seeking about €16 billion ($16.9 billion) in backstops over two years, according to people familiar with the matter.
With Danielle Smith kicking the sissy in the pussy last week things should pick up in Alberta as well. Oil prices expected to rise dramatically as Middle East War gets going and shipping blockades begin.
i think the carrier group is misplaced for the straits of Horus right now. The ukrainians and red sea pedestrians have grabbed the agenda. Im in Taiwan in just 10 days which might be the end game from the current distractions
Yea, China has moved 6 warships into the Gulf “to protect it’s interests” as well.
Between Ukraine/ Russia, Middle East/ Israel, China/ Taiwan – All verses US/NATO – things are going to get expensive.
https://www.cf.org/news/china-deploys-six-warships-to-middle-east-us-activates-deployment-of-defence-systems/
Reagan and one of the ARGs with it’s helicarrier is around Japan right now, and of course no one knows where most of the subs are.
I’d also suspect that Ukraine would be sacrificed because both Israel and Taiwan have chip industries that are important to the world, and ukraine does not… Though I’m not sure the current military can even fight one holding action and one war at the same time
No one is paying attention to the nuclear escalation and the mobilization of nuclear armaments & drills around the world.
This “prepper” guy does a good job of daily flight tracking of “doomsday aircraft” and the like. This was yesterdays update, if you go to his channel he shows daily map updates with commentary as to where the various pieces are moving.
https://www.youtube.com/watch?v=x0MkFYGI2z8&ab_channel=NYPrepper
“Reagan and one of the ARGs with it’s helicarrier is around Japan right now, and of course no one knows where most of the subs are.”
And with the those subs and their crews being the best in the world, it would be a very short fight if the Chinese were dumb enough to start something.
@Fred from BC – “it would be a very short fight if the Chinese were dumb enough to start something.’
The problem is that everyone thinks that is true of themselves.
The management of Siemens are stupid to be asking for wind mill money from the Krauts, they should come to Ottawa, the Liberals are suckers for that kind of shit.
All Siemens has to do is promise to screw Alberta and hire a bunch of Quebecois.
https://www.barrons.com/news/siemens-energy-seeks-state-help-as-wind-unit-crisis-deepens-2df30485
I’ll bet SNC is salivating at getting in on the suck money out of the feds (taxpayers) project for a windmill factory in Quebec.
Lots of consulting, management, and construction fees.
And Premier Lego is chomping at the bit to get in on the action.