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Drillereye-CCTV Solutions for Land and Offshore Rigs

2015-03-23 16:39:00| Offshore Technology

Drillereye is the oil and gas division of Ekotec Sistemi, a leading company in industrial automation, security and safety, as well as integrated control systems.Surveillance and security products for...

Tags: land solutions offshore rigs

 

Transocean plans to scrap four offshore drilling rigs

2015-03-20 01:00:00| Offshore Technology

Transocean intends to scrap four offshore drilling rigs, which is expected to cost the Switzerland firm anywhere between $300m and $325m in non-cash charges during the first quarter.

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VIDEO: Singapore's mothballed oil rigs

2015-02-24 01:20:16| BBC News | Business | UK Edition

In Singapore increasing numbers of oil rigs are being mothballed due to the falling price of oil.

Tags: video oil rigs oil rigs

 

Hedge Funds Raise Bullish Oil Bets as Drillers Idle Rigs: Energy

2015-02-23 16:27:41| Oil & Gas - Topix.net

Hedge funds and other money managers increased net-long positions in West Texas Intermediate crude by 2.7 percent in the week ended Feb. 17, U.S. Commodity Futures Trading Commission data show. Futures rose 7 percent in the report week as companies including Total SA and Apache Corp. said they would cut spending and drill less.

Tags: energy oil funds raise

 

Number of Oil and Gas Rigs Hitting Lowest Point

2015-02-21 21:51:57| Oil & Gas - Topix.net

Cause for pessimism persists in Wyoming's oil industry, which had been booming until oil prices began to fall toward the end of last year. The number of drilling rigs exploring for oil and gas in Wyoming reached its lowest point in almost five years this week.

Tags: number point lowest gas

 

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