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Oxy has won the fight for Anadarko. Citing capital discipline as the reason, Chevron has elected not to make another bid for the independent.

The biggest drilling company appears interested in becoming the most innovative. It is testing inventions ranging from a blowout preventer that is not hydraulically powered to power systems designed like a hybrid car.

Weatherford said it will file for bankruptcy after reaching a deal with its biggest lenders to halve its debt load and provide financing during and after the process.

When a rig is stacked, its owner has two choices: spend millions to keep it in good shape, or let it rust out. These two companies describe what it is like to maintain their assets for the day that a contract comes.

There is more carbon dioxide in the atmosphere than there has been for 800,000 years—since before our species evolved.

Advances in robotics can revolutionize the way maintenance, inspection, and testing is performed, making operations safer by reducing exposure of personnel to hazards. This paper analyzes the causes of slow industry adoption of robotic technologies and presents a roadmap for accelerated adoption.

Despite the challenges of working in the offshore environment, Sulzer Wood has recently recorded 9 years without a lost-time incident, which equates to approximately 1.5 million man-hours.

The Russian independent will likely sell an ownership stake to an additional partner in the coming weeks, joining Total, CNOOC, and CNPC. FID is expected to take place later this year.

The company's new 3D-inversion visualization process enables precise geosteering and accurate well placement.

Production from the Vaca Muerta now accounts for 23% of Argentina’s natural gas output. With only 4% of the shale play’s acreage in development, the US EIA says the country is in position to boost LNG exports in the coming years.