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

Oil and Gas This Week

Mark LaCour & Paige Wilson

Business

4.6 • 582 Ratings

🗓️ 31 July 2021

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

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 […]

Transcript

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0:00.0	You're listening to the oil and gas this week podcast with Mark LeCore and Paige Wilson.
0:14.5	This is the show for busy oil pros who quickly want to keep their finger on the pulse of the industry.
0:24.3	You're listening to the oil and guests this week podcast brought to you by IBM.
0:27.6	This is the show for busy oil pros who want to quickly keep their finger on the pulse of the industry.
0:32.3	Thanks for joining us for episode 239. What's going on, Mark?
0:35.7	A whole bunch of cool stuff going on one of which is do you
0:38.7	want to guess who has the seventh most popular business podcast in romania so i will assume it's us
0:45.9	because you're bringing it up on this show specifically so am i right yeah you're absolutely
0:50.2	correct so only guess this week is the seventh most popular business show in romania so for all our Romania listeners, thank you because we've been fighting the number eight spot forever. Now we've moved up to number seven. So number one, which I actually think is actually Fortune magazine, we're gunning for you. Oh, really? Seriously, I think that's the number one podcast in Romania for business. So let's see we get there. All right. We've got reviews, Mark. You want to read it? Sure, yeah. New to the industry, five stars. Hello, Mark and Paige. I'm about to graduate from the Colorado School of Mines. You say this is a podcast for busy oil and guest professionals, but I am constantly recommending the students and others looking to get
1:28.4	in the industry. I appreciate what y'all do. I did a seven-month co-op with ExxonMobile from Jackson
1:33.4	C. Klein on Apple Podcast. So Jackson, if you made it seven months with ExxonMobil, you can make it
1:39.4	through the thing. And people, you know I love ExxonMobil. They actually have a fantastic internship program.
1:45.2	So, you know, you were very lucky to make that cut.
1:47.3	And also, we're very lucky you gave us a review. So, Jackson, appreciate the review. If you would like a shout out on the show, whether you did a co-op with ExxonMobil or not, it's very simple. Leave us a review. We'll be happy to read it. Not only that, it helps find the show if, you know, so just like the rest of our other shows, please leave a review.
2:02.8	We love reading them and it helps us improve.
2:04.9	Yeah. happy to read it. Not only that, it helps find the show if, you know, so just like the rest of our other shows, please leave a review. We love reading them and it helps us improve. It helps us improve. And like Page said, it helps your peers find the good shows. Speaking of good shows, it's time to get the news stories. Let's do it. All right. So the first one is Sadio Ramco confirms 50 million cyber ransom demand.
2:18.9	Yeah, this one's really interesting.
2:20.3	So cyber has been in the news a lot for all industries and especially for our industry.
2:24.8	You remember the colonial pipeline hack that was just about a month ago.
2:28.2	This one's interesting because the bad guys actually did not hack Saudi Ramco.
2:32.7	They hacked one of Saudi Ramco's partners,
2:34.8	which is basically a third party, and they grabbed a whole bunch of financial data.
	...

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