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…
Petrobras awarded a US$24 million contract to Prysmian Group for downhole technology (DHT) systems. The DHT systems for offshore oil and gas extraction application will be delivered in July 2014, and will be manufactured in the Prymian Group’s facilities in Bridgewater…
Singapore-based Ezra Holdings has said it is considering listing its subsea services division EMAS AMC in the US and has appointed J.P. Morgan Ltd. as an advisor. Ezra said it was looking at strategic options, to increase its international profile and position of EMAS AMC…
Cobalt International Energy Inc. appointed Gregory S. Sills as executive vice president and chief development officer with accountability for the planning and execution of Cobalt's worldwide projects. This appointment is effective January 27…
Following BP’s September announcement that it was canceling its massive Mad Dog contract, the supermajor is now working with partners Chevron Corp. and BHP Billiton Petroleum to develop Phase 2. BP is reportedly entering topsides pre…
Baker Hughes kicked off its first STEM event for high-school students in the Houston area this past summer, inviting 22 students to visit its drill bit manufacturing facility in The Woodlands, Texas. The success of the program, and positive feedback throughout the industry…
Saudi Aramco opened a research center in Cambridge, Massachusetts. The new center is adjacent to the Massachusetts Institute of Technology (MIT) and will support computational reservoir modeling, nanotechnology, and advanced gas membrane system research…
Italy's ENI SpA inaugurated its new office in Mexico City with a ribbon-cutting ceremony, less than a month after Mexico voted to amend its Constitution to open the oil & gas market to foreign companies. The President of Mexico, Enrique Peña Nieto…
Halliburton plans to open a new integrated completion center located in New Iberia, Louisiana. This new facility will expand the company’s resources and capabilities for deepwater completion tools while continuing to focus on service alignment…