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09.08.2013 EMGS Gains on Schlumberger GoM Survey, M&A Prospects: Oslo Mover

Electromagnetic GeoServices ASA (EMGS), a surveyor of underwater oil and gas fields, climbed the most in a week in Oslo on the prospect of new orders from the U.S. Gulf of Mexico and possible renewed takeover interest.

30.07.2013 Dudley Says BP Gulf Spill Settlement Unlikely as Costs Rise

Bloomberg reports that BP Plc CEO Bob Dudley said it’s unlikely Europe’s second-biggest oil company will reach a settlement with the U.S. over the Gulf of Mexico disaster as provisions set aside to pay for the spill rose.

18.07.2013 Shell To Shut In Auger Platform To Complete Tie-In At Cardamom Field

With the latest seismic and drilling technologies, the Cardamom development is expected to deliver new production from the deep waters of the Gulf of Mexico to existing infrastructure.

03.07.2013 Shell Strikes Oil in Gulf of Mexico

Shell has struck oil at a successful exploratory site at Vicksburg in the deep-water Gulf of Mexico, the company reported in a news release. The well is located 75 miles (120 kilometers) offshore in the De Soto Canyon Block 393 in 7,446 feet (2,269 meters) of water.

02.07.2013 Baker Hughes Announces Successful Frac-pack Completion in Gulf of Mexico

Baker Hughes announced today the availability of a new gravel-pack and frac-pack system designed to increase operational efficiency by withstanding higher bottomhole temperatures and to improve production ratings compared to previous sand control systems, the company rep

11.06.2013 GE Signs $84 Million Agreement With PEMEX For Deepwater Exploration Projects In The Gulf Of Mexico

GE Oil & Gas (NYSE: GE) has signed an $84 million agreement with PEMEX Exploration and Production to supply and to install subsea wellheads for PEMEX’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico.

11.06.2013 Subsea 7 S.A. awarded contract offshore Gulf of Mexico

Subsea 7 S.A. (Oslo Børs: SUBC) today has been awarded a contract by Anadarko and their partners for the Heidelberg development in the Gulf of Mexico, the company reported in a news release.