Cyber Ransom Demand, 8,800 New Jobs, and Failed Oil Exploration – OGTW239

Welcome back to another episode! This Week, Mark and Paige hit the following:

* Saudi Aramco Confirms $50MM Cyber Ransom Demand 
* https://www.rigzone.com/news/wire/saudi_aramco_confirms_50mm_cyber_ransom_demand-21-jul-2021-166003-article/ 
* BHP said to seek an exit from its petroleum business 
* https://www.worldoil.com/news/2021/7/20/bhp-said-to-seek-an-exit-from-its-petroleum-business   
* Texas Upstream Gains Nearly 8,800 Jobs 
* https://www.rigzone.com/news/texas_upstream_gains_nearly_8800_jobs-19-jul-2021-165984-article/ 
* Hedge Funds Won Big On OPEC Spat 
* https://oilprice.com/Energy/Oil-Prices/Hedge-Funds-Won-Big-On-OPEC-Spat.html 
* Exxon taps female CFO as first outsider to join inner circle 
* https://www.worldoil.com/news/2021/7/19/exxon-taps-female-cfo-as-first-outsider-to-join-inner-circle 
* Biden to issue new cybersecurity rules for energy infrastructure after April hack 
* https://www.worldoil.com/news/2021/7/19/biden-to-issue-new-cybersecurity-rules-for-energy-infrastructure-after-april-hack 
* Neptune Energy Uses Gaming Tech to Digitize Wells 
* https://www.rigzone.com/news/neptune_energy_uses_gaming_tech_to_digitize_wells-15-jul-2021-165952-article/ 
* Indigenous Group Backs Proposed Canada LNG Project 
* https://www.rigzone.com/news/wire/indigenous_group_backs_proposed_canada_lng_project-21-jul-2021-165999-article/ 
* Greenland Ditches Oil Exploration Efforts After 50 Years Of Failure 
* https://oilprice.com/Latest-Energy-News/World-News/Greenland-Ditches-Oil-Exploration-Efforts-After-50-Years-Of-Failure.html 
* Saudi-Owned Motiva Suspends $6.6 Billion Petrochemical Expansion 
* https://www.wsj.com/articles/saudi-owned-motiva-suspends-6-6-billion-petrochemical-expansion-11626698498 

The Weekly Rig Count by Baker Hughes
https://rigcount.bakerhughes.com/rig-count-overview 

Area
Count
Change

U.S.
488
-3

Canada
153
+4

International
758
+8

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