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With crude prices stuck firmly below $40 a barrel, and energy companies predicting another austere year in 2016, here’s a look back at some of the most popular stories that appeared on FuelFix.com this year.
In a special meeting Thursday, stockholders “overwhelmingly voted” to adopt the previously announced acquisition of Cameron.
The two firms edged closer to an agreement as oil prices collapsed and wild swings in the stock market darkened the outlook for the oil field services industry.
As the hedges roll off, credit tightens and the realization that high prices are far off settles in, many companies will need to offer assets for sale and stronger ones will find good deals.
Cameron International Corp. has agreed to sell off its offshore jackup rig business for $100 million to a Singapore rig contractor, the companies announced Monday.
Work on the Mark IV HA began three years ago with six months of research, followed by two-and-a-half years of engineering.
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.