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The Supreme Court rejected an appeal Monday from 11 Louisiana parishes that wanted to revive their lawsuits over wildlife damage from the BP oil spill in the Gulf of Mexico in 2010.
OneSubsea announced Monday that it won a $270 million contract to develop a subsea production system for Pemex that will serve the first deepwater subsea field developed by Pemex, Mexico’s national oil company.
OneSubsea is adding a twist to its two-decade old subsea pumps that may save operators from spending billions to build surface facilities many miles offshore.
Baker Hughes and Norwegian subsea firm Aker Solutions will collaborate to develop technology for ramping up oil production and prolonging the lifespan of deep-water fields, the companies said Tuesday.
The energy industry made a respectable showing on Glassdoor’s 2014 ranking of the nation’s best places to work, released this month. But none of Houston’s oil giants cracked the top 50.
Halliburton plans to be an active dealmaker when the unconventional oil and gas sector consolidates, but will be selective about the potential opportunities, a senior executive said Tuesday at a Houston energy conference.
A sparring match between some of the world’s top scientists over how much oil spewed into the sea following the 2010 Gulf of Mexico disaster is heating up as a civil trial is set to resume next month.
Offshore equipment provider Cameron reported a 20 percent decrease in profits, as increased drilling system sales were offset by growing costs and a slowdown in unconventional onshore equipment.
Nabors said Tuesday that largely because of weakness in its rig services and completion and production services units, it expects second-quarter operating results to fall below Wall Street expectations.
Cameron International will lay off 88 workers when it closes its factory in Magnolia.