HP/HT technology is a reality. When the oil and gas industry discovered oil fields a few years ago where the pressure and/or temperature exceeded the maximum threshold allowed...
PeoplePedro Parente has resigned as CEO of Petrobras. The company has appointed Ivan de Souza Monteiro as his successor.The SeaBird Exploration board of directors has elected ...
Houston-based Talos Energy LLC has remained active over the past few years, even in the midst of one of the industry’s most prolonged downturns in recent memory.
Buoyed by higher prices and growing demand, the offshore drilling market – one of the downturn’s hardest hit segments – may be on the upswing. That is the view of Jeremy D. Thigpen...
The offshore drilling market is slowing emerging from the downturn, driven by oil price stability and improving project economics. While the overall count of working rigs – one...
Worldwide offshore rig count and utilization rateThe offshore rig market has continued its positive trend across supply, utilization, and working rigs for the third month in a...