Mark Lammey

Energy Voice editor
Other News

Weatherford launches $500m private offering


Oilfield services firm Weatherford today announced the launch of a private offering of $500million worth of senior notes. The Houston-headquartered firm, which has a base in Aberdeen, said it would use the funds to repay amounts outstanding under Weatherford Bermuda’s revolving credit facility.


Opinion: Opec’s bearish report provides little hope for oil markets


Just one day after the IEA warned the world could drown in oil if production does not fall beneath demand sometime soon, OPEC released a new market whammy, offering up the cartel's production figures, which largely jive with figures reported by the IEA yesterday: OPEC has increased its oil production.