Close to $1.6 billion have been invested in seven new mobile offshore drilling units that will be able to take advantage of recently rising rates in the deepwater rig market.
Large independent companies are at the forefront in exploring and developing the deepwater potential in Southeast Asia, which may see an increase in deepwater expenditures during...
Managers of Petroleos Mexicanos (Pemex), recognizing the importance of deepwater exploration and development to Mexico's hydrocarbon-producing future, acknowledge the need for...
For decades, the average size of new oil and gas discoveries has been dropping, the complexity of reservoirs increasing, the volume of data ballooning, and the industry knowledge...
Energy prices tumbled Nov. 15-16 in expectation of a build in US crude inventories, as most traders claimed energy markets are "finally coming in line with the demand-supply equation...
Unless demand plummets, world oil supplies are nearly certain to remain tight through the rest of this decade, according to a study by the Oil Depletion Analysis Centre in London...
In order to meet the growing shortage of engineers and other professionals, oil and gas companies must convince college students of the industry's highly technical nature and ...
To comply with its requirements under the North American Free Trade Agreement of 1993 to open government procurement to international public tenders, Mexico adjusted its public...
Years ago the term "connectivity" surfaced as one of those buzzwords that telecommunications gurus just loved to toss about in industry boardrooms and at meetings with their clients...
Most "energy factories," such as refineries and petrochemical plants, nuclear and electric power generation facilities, and electricity transmission and distribution systems have...
Lafayette, La., has announced the promotion of Doug Keller to regional sales manager-Gulf Coast. Keller, who earned a BS degree from Louisiana Tech University, has more than 33...