Market News

 

Kobe Steel enters Brazil compressor market

Jul 07, 2014

Kobe Steel, Ltd. announced that its subsidiary company, Kobelco Machinery do Brasil Servicos Empresariais Ltda., has begun full-scale marketing of nonstandard compressors. Based in Sao Paulo, Kobelco Machinery do Brasil (KMB) is Kobe Steel's first location established in Brazil…

Offshore helicopter market forecast, 2014-2018

May 22, 2014

Research and Markets has announced the completion of the 'World Offshore Oil and Gas Helicopter Market Forecast 2014-2018' report, saying that Bristow and CHC dominate the industry. This report forecasts US$24 billion in expenditure on offshore helicopter services between 2014 and 2018…

UK rig market to mid-2015

May 14, 2014

UK-based drilling rig operator Awilco says the UK North Sea floating drilling rig market is close to sold out until mid-2015. Announcing its Q1 results, the firm said due to the sustained “high” oil price and increased operator financial discipline…

EOR market to pass US$500B by 2023

Apr 24, 2014

Transparency Market Research has released a new market report titled 'Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2023,' that defines and segments the enhanced oil recovery…

Colloquy: Scanning the drilling fluids market

Apr 01, 2014

The drilling fluids market is driven by increasing worldwide drilling activities, focused on deepwater. Onshore, operators are increasing their use of horizontal drilling in developing shale gas, CBM, and other unconventional resources…

ALS acquires BMP

Feb 24, 2014

ALS Oil & Gas, the new international oilfield services company, formed through the acquisition of Reservoir Group by ALS Ltd. in 2013, has acquired the North American completions services provider, BMP Enterprises LLC (BMP). The acquisition…

US frac fluid market at $26bn

Feb 19, 2014

According to a new technical market research report, The US market for Fracking Fluids, prepared by Dr. Gordon Nangmenyi for BCC Research, the US market for fracking fluids was valued at US$18.4 billion in 2012 and $26 billion for 2013. BCC Research projects the market to grow to nearly $37…

Technip targets China market

Sep 10, 2013

Technip has signed an agreement with China Huanqiu Contracting & Engineering Corporation (HQC) to set up two joint-venture companies. To be based in Rome and Beijing, they will be responsible for procurement activities, on the European and Chinese markets…

Voices: “Geographically, what offshore region will emerge next as a new market?”

Jul 24, 2013

Globetrotting. OE sought to uncover which new offshore regions are being targeted as potential new markets. Here’s what our think tank had to say: “Geographically, what offshore region will emerge next as a new market?” Chariot…

Flowmeters market ‘to double’

Jan 04, 2013

Multiphase flowmeters claimed a $240 million market in 2011 and are expected to achieve a compounded annual growth rate of 14.5%, which means reaching $472.2 million in 2016. According to Flow Research’s World Market for Multiphase Flowmeters study…

Lone Aboe Jessenn becomes marketing manager at Esbjerg Business Development Centre

Dec 07, 2012

Lone Aboe Jessenn has become marketing manager at Esbjerg Business Development Centre, the Danish municipality’s focal point for the energy sector business support. She joins EBDC from marine and offshore equipment specialist Viking Life Saving Equipment…

Glen Kelley

Nov 10, 2012

SVP marketing and business development with Atwood Oceanics, will step down from that post at the end of this year and will retire from the company effective 31 December 2013. Geoff Wagner, currently marketing and business development director…

Turbine flowmeters hold their own

Jun 01, 2012

Despite competition from ultrasonic, Coriolis, and other new-technology flowmeters, turbine flowmeters remain a viable and popular choice for a variety of applications, according to a new report by Wakefield, Massachusetts based Flow Research…

Nicolas Phillips

Feb 10, 2012

Dr Nicolas Phillips has been named as head of marketing, technology and key accounts at Clariant Oil Services, based at the company’s Houston headquarters. Before joining Clariant two years ago to run the oil services business line’s marketing…

Carry on producing

Mar 03, 2010

With an offshore network of over 7000 production platforms, 180,000km of pipelines and 40,000 producer wells already installed, the global offshore operations & maintenance market could be worth more than $330 billion over the next five years - and…

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