Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement today at the World Economic Forum Annual Meeting in Davos, Switzerland. The document was signed in the presence of Enrique Peña Nieto…
Mexican state-owned oil company Petroleos Mexicanos says it will not begin exporting high-quality Olmeca crude to Europe until the second half of February. Pemex said on 6 Jan, that exports of the extra-light Olmeca would begin in January…
Multilateral meetings between Cuba and the US are becoming more frequent, although they often fly under the radar. Cuba's Ministry of Foreign Relations, CubaMinRex, recently hosted a delegation from the US-based Council on Foreign Relations (CFR)…
FMC Technologies Inc. announced today that it signed a 3-year contract with Pemex Exploration and Production to manufacture and supply surface wellheads to support drilling and well maintenance programs in the Gulf of Mexico. The award…
Gulf Coast Shipyard Group, a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets, announced today the launch of the first of six Harvey Gulf International Marine 302’ x 64’ dual-fuel Offshore Supply Vessels…
Prysmian Group, established a new headquarters in Houston, TX, under the responsibility of Robert Conners who joins the Group. With the strengthening of its operations in Houston and with professionals such as Robert Conners joining the company…
Nova Scotia's Fundy Tidal Inc. partnered in November 2013 with Dutch tidal turbine producer Tocardo International BV and Tribute Resources Inc. of London, Ontario The three firms will work to develop a $30-million project with a capacity for 3MW of tidal power at three locations around Digby…
A US court ruling has put a key document supporting oil major Shell's Chukchi Sea drilling in doubt. Over one partial objection, the US Court of Appeals for the Ninth Circuit (CA9, panel based in San Francisco) ruled that selection by the Bureau of Ocean Energy Management…
Gulf Coast Shipyard Group, Inc.—a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets as well as the Trinity Yachts brand— announced signed a three-year lease with one-year options with the Port of Gulfport…
Houston-based MicroSeismic Inc. purchased the US assets of Calgary-based Reservoir Imaging Inc. (RII). The acquisition includes Geospace equipment, wireline units, and equipment for downhole microseismic data acquisition services. The…
Precision Polymer Engineering (PPE) developed EnDura® E90SR, a new EPDM elastomer material that provides high temperature steam resistance. EnDura E90SR is available as O-rings, T Seals and custom-molded geometries and is used in equipment such as pumps…
Fundy Tidal Inc.'s turbine project in the Bay of Fundy, off Nova Scotia. www.fundytidal.com
Two tidal turbine developers will win the chance to demonstrate their technology in the Minas Passage in the Bay of Fundy, home to the world's highest tides. Nova Scotia's recent tender for a berth at the Fundy Ocean Research Center for Energy (FORCE)…
Statoil ended a joint license agreement with Bahamas Petroleum. Bahamas Petroleum says Statoil is dropping its involvement in the agreement following its exploration successes elsewhere and a subsequent review of its global portfolio…
Denmark-based MacArtney Underwater Technology Group projects record-breaking growth within its North American markets for underwater technology. This marks a key contribution to the overall strategic ambition of the MacArtney Group to double turnover between 2010 and 2015…