Latest Oil Exploration & Production News

Subsea service firm DeepOcean hires new CFO

Jun 17, 2013

Dennis de Vreede will join DeepOcean Group Holding BV as its CFO on August 1, 2013.

CIT lead arranger in $60M financing for Independence Contract Drilling

Jun 12, 2013

CIT Group Inc.has arranged a $60 million senior secured credit facility for Independence Contract Drilling (ICD), a vertically integrated premium land drilling services provider, to build a fleet of fast moving land-based oil and gas programmable AC drilling rigs. 

Hardcore enviros are not realistic

Jun 11, 2013

We hear a lot of noise these days from people who call themselves environmentalists. They come from all walks of life.

How national oil companies can fuel economic development

Jun 11, 2013

National Oil Companies (NOCs) are transforming themselves into lean, professionally managed enterprises, shaking off old criticisms of being overstaffed and underfunded.

Emerging shale plays

Jun 11, 2013

Cretaceous age TMS garnering attention

Harvey Gulf building first LNG bunkering facilities in America

Jun 10, 2013

Harvey Gulf International Marine has secured plans to construct and operate the first LNG marine fueling facility in the United States, to be located at its vessel facility in Port Fourchon, Louisiana.

UK to review offshore oil and gas industry

Jun 10, 2013

For the first time in over two decades, the UK government will review the country's offshore oil and gas industry that the sector remains a vital contributor to the UK economy.

Express Energy Services names oilfield services industry veteran as COO

Jun 6, 2013

Oilfield services company Express Energy Services has named David Brunnert as executive vice president and COO.

Holland Services gets investment from H.I.G. Capital

Jun 6, 2013

An affiliate of H.I.G. Capital LLC, a global private equity firm with more than $12 billion of capital under management, has invested in Holland Services, a land services company focused on the energy sector.

Forum Energy Technologies, Quantum Energy Partners to acquire Global Tubing

Jun 5, 2013

Forum Energy Technologies Inc. (NYSE:FET) and Quantum Energy Partners have entered into a definitive agreement to jointly acquire Global Tubing from ARC Financial Corp., a Calgary-based private equity firm, and a group of investors.

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