Oilexco Share Discussion Threads

[hedgehog 100] 23/3/2022 19:58

Otaq (OTAQ) 20.5p Market cap. £7.73M.





"WORLD CLASS TECHNOLOGY FOR
OFFSHORE INDUSTRIES

We make world class marine technology products for offshore industries around the globe including subsea oil and gas, renewable energy, ROV operations, commercial diving and oceanographic research.

We specialise in subsea leak & cement detection, laser measurement systems, underwater imagery & telemetry solutions, as well as subsea survey solutions.

OTAQ Offshore is a division of OTAQ Group."




"WORLD CLASS TECHNOLOGY FOR
THE HARSHEST ENVIRONMENTS

We have significant experience in the design & manufacture of underwater connectors, penetrators & communication systems. Our range of products are used by Offshore, Oil & Gas, Seismic, Commercial Diving, Renewable Energy and Nuclear Industries. OTAQ Connectors operates from our Lancaster, Ulverston and Aberdeen facilities.

We have our own in-house Engineering, Manufacturing & Pressure Testing Facility which enables us to respond quickly to our client’s requirements. OTAQ are proud to be fully ISO 9001;2015 accredited through DNV-GL. ISO 9001 is an internationally recognised quality management system and demonstrates our commitment to consistency, continual improvement and customer satisfaction. The certification also demonstrates our ability to consistently deliver products and services to market whist meeting statutory and regulatory requirements by applying an effective quality management system."

[hedgehog 100] 20/3/2022 12:32

Surging oil & energy prices are creating boom conditions for producers, with their s.p.s soaring as a results.

And that also increases demand for the products and services of oil services companies.

NYSE-listed Schlumberger (SLB), the world's largest oil services company, has already seen its share price quadruple over the last couple of years.

But the improved conditions don't yet seem to have such an impact on smaller oil services shares, so there could be an opportunity there.

Schlumberger (SLB):

[bountyhunter] 05/3/2022 10:28

Replaced clnr with delt and pmo with hbr in the header charts, why do they change their names, to hide their unimpressive histories?

[bountyhunter] 02/3/2022 07:57

Brent and now above $112/b, header charts rolled.

[bountyhunter] 02/3/2022 07:56

Brent now above $112/b, header charts rolled.

[bountyhunter] 24/2/2022 17:20

Specific stocks for me. Wish I'd topped up yesterday given events overnight.

[jfishy55] 23/2/2022 08:58

Morning All,

What does everyone currently use to go long / get exposure to the price of oil? E.g. ETF, fund, tracker rather than specific stocks?

TIA

[bountyhunter] 08/11/2021 18:16

Brent contract rolled.

[bountyhunter] 08/11/2021 18:16

Brent contract rolled.

[steve73] 01/11/2021 07:30

Why should OPEC open their taps when the Oil majors won't open their wallets for future investment..?





Meanwhile expect oil prices to rise to levels that COP26 would probably welcome..

[steve73] 15/10/2021 07:51

Putin looking at using crypto to settle oil trades...

[johnwise] 07/10/2021 22:12

Saudi Arabia Eyes Oil Market Dominance As Prices Bounce Back

After a difficult year during Covid, Saudi Arabia and its oil and gas industry are finally rebounding as global oil demand recovers.

[johnwise] 07/10/2021 22:01

Reason to be cheerful


Greenpeace loses legal battle to revoke BP permit for oil field in North Sea

In 2019, Greenpeace activists occupied a BP oil rig in Scotland for more than 10 days in a climate emergency protest.

[johnwise] 07/10/2021 21:04

Moody’s: Oil Industry Must Spend $542 Billion To Avoid Supply Shock

Global annual upstream spending needs to increase by as much as 54 percent to $542 billion if the oil market is to avert the next supply shortage shock, Moody’s said in a report on Thursday carried by Bloomberg.



President Joe Biden moves towards shutting down the mining of fossil fuels in America as he signs executive orders to protect the environment he destroyed 70,000 jobs in 72 hours.
Video

Video: The truth about global warming


VIDEO: A Dearth of Carbon Dr. Patrick Moore

[johnwise] 02/10/2021 19:29

VIDEO

19 Mar 2021

Biden's Freeze On Oil and Gas Leases Is Putting Teachers in a Bind

[johnwise] 02/10/2021 19:28

Bank Of America: Energy Crunch Could Lead To $100 Oil And Economic Crisis

Surging natural gas prices, a cold winter, and reopening of international airline travel could push oil prices to $100 per barrel

BofA is bullish on oil not only in the near term, but in the longer term as well, due to the chronic underinvestment in new supply

[johnwise] 02/10/2021 19:19

OPEC+ Will Be Unwilling And Unable To Stop The Oil Price Rally

Goldman Sachs claims that oil has entered a structural bull market, reaffirming their $90 oil prediction

[bountyhunter] 02/10/2021 19:00

Yes mainly investors now I agree.
LSE seems to be a popular alternative although I don't like their format.
Not sure where else the main competition is although there are quite a few sites with discussion boards.

[mcbeanburger] 02/10/2021 18:51

saudis - i thought the US was buying it oil now from the russinans now? last i heard anyway.

advfn - no one posts here anymore, at least for trading as far as i can see. seems to just for investors.

[bountyhunter] 02/10/2021 14:07

Header rolled forward to December contract.