Deep Gulf Energy taps Technip for more ultra-deepwater Gulf of Mexico projects
PARIS – Deep Gulf Energy III LLC has awarded Technip a lump-sum contract for the development of the South Santa Cruz and Barataria fields in the ultra-deepwater Gulf of Mexico. These fields are located...
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Research project seeks to deliver ultra-deepwater riser concepts
A recent research project has been working to select and bring to maturity at least one safe riser system concept that could meet the performance demand of high-motion vessels in ultra-deepwater areas...
View ArticleTexas Economist Sees Oil Industry Leveling Out
San Antonio Express-News Oct. 10 –A little more than two years since the start of the worst oil downturn in recent memory, the Texas petroleum industry may finally be looking at the bottom as prices,...
View ArticleSchlumberger partners with Canadian E&P co. to buy oil and gas assets for $1B
Schlumberger Ltd. Chairman and CEO Paal Kibsgaard. By Olivia Pulsinelli – Senior web editor, Houston Business Journal Schlumberger Ltd. (NYSE: SLB), which has one of its principal offices in...
View ArticleOperators sign up for Mexico’s round 2.4 bidding process
10/31/2017 Offshore Magazine, Offshore Staff MEXICO CITY – Twenty-five companies have asked the National Hydrocarbons Commission of Mexico (CNH) to sign up for the 4th invitation of the 2nd Round...
View ArticleOPEC secretary general speaks of market patience
By Daniel J. Graeber | Feb. 14, 2018 at 9:27 AM – UPI News It’s a long-term game, the secretary general said in his opening remarks at a conference in Riyadh. Feb. 14 (UPI) — While pointing to...
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