29.10.2013
- Global energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits that are being squeezed by overcapacity in the North...
27.04.2011
- Shareholders of offshore drilling contractors Ensco and Pride International will vote on May 31 on the proposed acquisition of Pride by Ensco for more than $7 billion. The deal...
01.07.2010
- The U.S. has suddenly become a much riskier place for oil drillers to operate, a consequence of the Gulf of Mexico oil spill that could spark a deal making binge. The offshore oil...
17.06.2010
- The moratorium on deepwater drilling in the Gulf of Mexico has begun to bite oilfield service companies, with market analysts now forecasting lower than expected spending on new...
02.06.2010
- A market mauling of oil and gas drilling-exposed stocks due to the Gulf of Mexico's persistent leak and resulting deepwater drilling moratorium has left only a few safe bets to...