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Drilling & production - 20 January 2015

 

Baker Hughes results

Baker Hughes Incorporated have announced their results for the fourth quarter of 2014.

 

Costly Canadian LNG projects suffer setbacks

Business Monitor International (BMI) has downgraded its Canadian natural gas production forecast due to increasingly uncompetitive LNG project economics amid lower international oil prices.

 
 
 
 
 

Drawdown on facility

Roxi updated the market with news it has called down a further US$2.0 million from the US$40 million equity facility.

 
 

BOURBON expands its fleet

BOURBON expands its fleet by three subsea ROVs, continuing its growth in offshore oil & gas subsea services