Global Maritime Group bags mooring and rig move contract for Quadrant Energy

Global Maritime Deep Sea Mooring has been awarded a contract for the provision of mooring and rig positioning services to the Australian oil and gas company Quadrant Energy Ltd. More »

EMGS inks 3D EM data licensing agreements in Barents Sea

Electromagnetic Geoservices (EMGS) has entered into two new data licensing agreements for the provision of 3D EM data from EMGS' multi-client data library in the Barents Sea. More »

Freudenberg acquires BlueSky Process Solutions

The Freudenberg Oil and Gas Technologies group has acquired the business of Canada's BlueSky Process Solutions Ltd., effective Jun. 30. More »

Shale drillers lose most-precious asset -- the $90 hedge

The insurance protecting shale drillers against plummeting prices has become so crucial that for one company, SandRidge Energy Inc., payments from the hedges accounted for a stunning 64% of first-quarter revenue. More »

Shell moves ahead with deepwater Appomattox development in Gulf of Mexico

THE HAGUE -- Royal Dutch Shell has announced the final investment decision (FID) to advance the Appomattox deepwater development in the Gulf of Mexico. This decision authorizes the construction and installation of Shell’s eighth and largest floating platform in the Gulf of Mexico. More »

Oklahoma woman blaming fracing for quake can sue oil firms

New Dominion LLC can be sued by an Oklahoma woman injured when her fireplace fell on her during an earthquake that she blames on disposal wells tied to fracking. More »