Mexico’s Pemex Unlikely to Meet Production Targets
Petróleos Mexicanos, commonly known as Pemex, is unlikely to meet production goals for this year, The Wall Street Journal
Drones Expanding into Oil and Gas Industry
Drones are being used by more than just militaries and spy agencies, companies are seeing additional value as tools in the oil and gas industry, Bloomberg
Gulf of Mexico Drilling Rigs Sit Idle
The Gulf of Mexico and the Caribbean Sea have become a garage for deepwater drillships -- at a cost of about $70,000 a day each. It’s either that or send your precious rig to a scrapyard.
US Rig Count Declines
U.S. oil companies sidelined 24 oil-drilling rigs this week, according to Baker Hughes’ rig count released Friday, bringing the count to its lowest point since October 2010.
Manouchehri: Iran Can Now Design-Build Pipelines, Rigs and Installations
Iran achieves self-sufficiency in the construction of Persian Gulf gas installations, says official.
Noble Energy to Retire Three Drilling Rigs
Noble Corp. (NYSE: NE) has decided to retire the semisubmersible drilling rigs Noble Paul Wolff, Noble Driller, and Noble Jim Thompson.