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Mexico Oil Auction Succeeds in Drawing World's Biggest Drillers
Tuesday, December 06, 2016 Mexico's first competitive deepwater oil auction surpasses expectations as eight of the 10 blocks are awarded to some of the world's top oil firms.
BP Greenlights $9B Mad Dog Platform Design
Thursday, December 01, 2016 Efforts to simplify the second Mad Dog platform design will allow the project to be profitable at current or lower oil prices.
Rowan Idles Rig, Will Lay Off Up To 110 Workers
Monday, November 28, 2016 Rowan will lay off up to 110 workers after it loses a contract on one of its rigs offshore the Gulf of Mexico.
Mexico's Oil Regulator Approves Eni's $177M Work Program
Thursday, November 17, 2016 Mexico's oil regulator approves a scaled-down $177 million work program for the three offshore blocks won last year by Italian energy group Eni, which includes drilling four wells.