Oil and gas asset integrity and corrosion management firm LUX Assure has established a sales and service agreement with Houston-based Brown Corrosion Services Inc. Brown Corrosion Services will be handling the business development of…
The Bureau of Ocean Energy Management (BOEM) received 380 bids on 19 Mar 2014, for 326 blocks in the central Gulf of Mexico, totaling more than US$850 million. Gulf of Mexico Lease Sale 231 attracted operators to bid on almost 40 million acres…
Tri Tool Incorporated will be opening a new 15,000sq ft office and warehouse location to better serve the offshore and onshore pipeline oil & gas industries in the gulf region. On May 7th, Tri Tool will be hosting a grand opening event…
Shipbuilding firm Vard has set up a new subsidiary for ship design, engineering and sales activities in Canada. Vard Marine Inc. is a ship design and marine engineering company providing solutions for offshore and specialized vessels such as offshore support…
Energistics, the upstream oil and gas standards consortium, and the Society of Exploration Geophysicists (SEG), the international society of applied geophysics, have signed a Memorandum of Understanding to explore joint development opportunities…
BP announced that it has entered into an administrative agreement with the United States Environmental Protection Agency (EPA), on behalf of the federal government, resolving all matters related to the suspension, debarment and statutory…
Houston-based Energy XXI is set to become the largest public independent producer on the Gulf of Mexico shelf after its acquisition of EPL Oil & Gas for US$1.53 billion. Upon completion of the merger, EnergyXXI projects the company will be worth about $6 billion…
American Electric Technologies, Inc. announced that it has relocated its corporate headquarters to 1250 Wood Branch Park Drive, Suite 600, Houston, TX, 77079. AETI recently reported record 4th quarter revenues and more than 20% revenue growth for 2013…
Chevron’s leadership set out the oil major’s plans out to 2020 this week, including eying exploration opportunities offshore Greenland, to maintain its reserves hopper. Chevron is planning 20% production growth, from 2.6MMboe/d in 2013…
As the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) remembers those lost, work continues to improve offshore helicopter passenger safety This week marks the anniversaries of the crashes of Cougar 491 on 12 March 2009 and a Universal helicopter on 13 March 1985…
Atwood Oceanics, Inc., a global offshore drilling contractor, announced the move of its corporate headquarters to the Energy Crossing II building at 15011 Katy Freeway, Houston, to accommodate the company's recent record growth. The move…
Dutch spoolable thermoplastic composite pipe systems firm Airborne Oil & Gas and Dallas-based Celanese Corporation, a global technology and specialty materials company, have signed a strategic supply agreement for the development and supply of composite materials for deepwater pipe systems…
Schlumberger announced the launch of the PowerDrive Orbit rotary steerable system (RSS). The new RSS expands the operating envelope of rotary steerable technology by extending system life, delivering precise directional control, and increasing drilling efficiency…
Paradigm announced that Mexico seismic services company, COMESA, has incorporated the full Paradigm software suite for seismic processing and imaging, interpretation and modeling and reservoir characterization, including: GeoDepth, SeisEarthand Geolog…
ConocoPhillips has taken a three-year contract for the ENSCO DS-9 drillship, currently under construction at the Samsung Heavy Industries, Co. Ltd. (SHI) Shipyard in Geoje, South Korea. The ENSCO DS-9 is a Samsung GF12000 hull design…
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