Exclusives

Schlumberger, Cameron, OneSubsea, merger, Paal Gibsgaard, Jack Moore, oil, gas, services, oilfield

Schlumberger, Cameron Merger Would Create One-Stop Shop

Top executives believe the merger creates growth opportunities that could lead to a common operating system for both the surface and subsurface, while expanding Cameron’s presence worldwide.

Schlumberger, Cameron International, 15 billion, merger, oilfield services, subsea

Schlumberger, Cameron Look To Meld Science, Tech In $15 Billion Merger

The transaction will expand Schlumberger’s revenue base by more than 20%, Paal Kibsgaard, the company’s CEO and chairman, said in a press call. Schlumberger expects cost synergies of $900 million over two years

Cobalt, offshore, Angola, Sonangol, GoM, Brackett

Cobalt Leaves Angola Coast For Gulf Of Mexico In $2 Billion Deal

Cobalt International made huge discoveries in a seven-year period offshore Angola but cedes interest after a federal investigation, low oil prices and uncertainty for all oil producers.

Partnership Pursues Innovation In Quest To Lower Methane Emissions

The Climate & Clean Air Coalition Oil & Gas Methane Partnership said it has identified several low-cost, quick-payback projects that lower methane emissions.

Jim Manatt, Thrust Energy, Summer NAPE, exploration, technology

Reward Awaits Those Willing To Explore During Downturn

With a cookie-cutter model comes marginal price economics, says Thrust Energy CEO Manatt.