THE dollar opened weaker today after nations in the Persian Gulf indicated they would continue pegging their currencies to the US unit. At 7am AEDT, the dollar was trading at $US0.8839/44, down from Friday's close of 0.8862/65. During the offshore weekend session, the dollar traded between a low of $US0.8810 and a high of 0.8894, reached on Friday night. A...
An in-depth approach to drilling
Houston Chronicle
Houston Chronicle
TOOLS RESOURCES VITAL STATISTICS A government report released at the Offshore Technology Conference Monday said the deep waters of the Gulf of Mexico have become vitally important to the U.S. energy supply. Here's why: 25 percent of the nation's...
Eni Begins Development of Deepwater Longhorn Field in the Gulf of Mexico
Rig Zone
Rig Zone
Eni has started the development of the Longhorn gas field, located in the Gulf of Mexico (blocks MC 502 and 546) approximately 195 kilometers southeast of New Orleans in 730 meters (2,400 feet) of water. The Longhorn development is operated by Eni...
Blake International Acquires Pride Platform Rig Fleet
Rig Zone
Rig Zone
Blake International, LLC has entered into a definitive agreement to acquire 12 platform drilling and workover rigs and related equipment from Pride International for $66 million in cash. The purchase includes rigs in the U.S. Gulf...



