HOUSTON — RigNet, Inc. announced that it has acquired Nessco Group Holdings Ltd., an Aberdeen-based international leader in the field of telecommunications systems integration for the oil and gas industry.
HOUSTON — RigNet, Inc. announced that it has acquired Nessco Group Holdings Ltd., an Aberdeen-based international leader in the field of telecommunications systems integration for the oil and gas industry.
STAVANGER — The meeting to comes after Statoil ASA and other companies represented by Norway's Oil Industry Association threatened to lock out workers and shut down production on the Norwegian continental shelf from Tuesday in the hope of forcing an end to the strike that has put upward pressure on oil prices and crimped revenue.
KAMPALA, Uganda – The Ugandan government has appointed a panel to oversee development of the oil-rich Lake Albertine rift basin, where production is expected to commence in the next couple of years.
NEW ORLEANS – As part of the Obama Administration’s all-of-the-above energy strategy to expand safe and responsible domestic energy production, the Bureau of Ocean Energy Management (BOEM) issued a “Call for Information and Nominations” (the Call), requesting stakeholder input regarding eight planned oil and gas lease sales scheduled in the Central and Western Gulf of…
Crude oil futures fell 3.3% Friday after a surprisingly weak U.S. jobs report and amid expectations that a Norwegian oil strike would end soon.
Oil unlocked from shale formations is set to create a supply glut that could push down crude prices, according to a new study.