Oil & gas news

Nancy Yamaguchi, Contributing Editor, looks at the US shale revolution and its impacts on the oil industry.

Nancy Yamaguchi, Contributing Editor, looks at the US shale revolution and its impacts on the oil industry.

Are oil and gas drilling techniques the answer to Martian exploration?

DOF Subsea has been awarded a contract for installation of the Turret Mooring and Riser system for the Gina Krog FSO by Teekay Shipping.

Total and Lukoil have created a joint venture to explore and develop the tight oil potential of the Bazhenov play in Western Siberia.

LDD has enhanced its global footprint by installing drilled and grouted piles offshore Gabon, West Africa.

Hess Corporation announced the sale of its retail business to Marathon Petroleum Corporation for US$ 2.6 billion.

Aqualis has won several new construction supervision, transportation and installation, and marine warranty contracts in Asia.

SOFEC has delivered five Catenary Anchor Leg Mooring (CALM) Buoys to PEMEX.

Weatherford, Sinopec and Shengli Highland Petroleum Equipment have agreed to form a new equity joint venture company in China.