Deep-Sea Plan Fails, Leaving Korean Shipyards Struggling

Korean vessel makers are racking up debt and could show billions of dollars in losses when they report earnings.

Mexico, Round One, oil, gas, blocks, Gulf of Mexico, Phase 1

Experts Call Mexico’s Phase 1 A ‘Learning Experience’

Commodity price uncertainty aside, issues raised after Mexico’s Round 1 Phase 1 can be addressed to move the country toward its goal of growing production and strengthening its economy.

proppant, frack sand, consolidation, PacWest, IHS, Samir Nangia

Proppant Market On The Way Toward Consolidation

The top 10 frack sand suppliers claim 55% of total business, while more than 40 companies make up the remaining percentage.

Subsea 7 Goes Deal-making To Bolster Business

OneSubsea and Subsea 7 established an alliance to deliver "integrated subsea development solutions" by combining their hardware and seabed processing capabilities with installation and flowline/umbilical expertise, respectively.

KPMG, oilfield service, operators, producers, efficiency

Downturn Could Strengthen Bond Between Operators, Oilfield Services Companies

An improved relationship could lead to greater cost savings with both earning higher margins.