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Aker buys Canada's AKCS

Jan 07, 2013

AKCS coup furthers Aker's Canadian expansionAker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner.'The buy-out will support…

FMC preps for future growth

Jan 04, 2013

FMC buys 173-acre parcel of land in Houston Map of Generation Park in HoustonFMC Technologies, Inc. announced that it has purchased a 173-acre parcel of land in Houston, Texas. FMC Technologies has experienced significant growth over the…

OEdigital.com launches

Jan 03, 2013

OE Magazine launches dedicated news website OE Magazine has launched a dedicated website OEdigital.com, which will provide readers with the latest oil and gas news, technological trends and exclusives.The new OEdigital.com connects oil and…

Keystone XL: Proxy energy war

Dec 14, 2012

Photo: Tar Sands BlockadeTexas man sues to stop Keystone construction OilPrice.com - Now that elections are over, everyone is waiting for a decision on the Keystone XL pipeline, but it's not so easy amid the atmosphere of protests that have…

Mexico to privatize state-owned Pemex?

Dec 14, 2012

President-elect Enrique Pena NietoPena-Nieto wants private investment in energyOilPrice.com - Big potential changes south of the border. Mexican President-elect Enrique Pena Nieto has announced that he wants increased private investment in the nation's energy industry…

Pinpointing leaks

Dec 07, 2012

Cambridge Consultants unveiled work that it believes will give a much-needed boost to offshore oil leak detection. It has built an oil spill detection technology platform capable of detecting the natural fluorescence of tiny amounts of oil in or on water…

Ukraine crushed by fake gas deal

Dec 05, 2012

Ukrainian officials with Jordi Sarda BonvehiUkraine signs fake deal on state television Oilprice.com - Certainly the folks at Gazprom are having a good snicker, reveling in the mockery that has been made of what should have been a landmark…

Freeport acquires PXP, McMoRan

Dec 05, 2012

FCX specializes in copper and gold miningFreeport enters energy sector with $9B merger Phoenix-based copper and gold mining company Freeport-McMoRan (FCX) has moved to acquire subsidiary McMoRan Exploration as well as Houston-based Plains…

Reflex Marine holds FROG demo

Dec 04, 2012

The FROG in actionReflex Marine demos FROG transport in HoustonReflex Marine, a global leader in safe marine transfer solutions, has attracted interest from operators in the Gulf of Mexico after hosting a crane and lifting open day at its new Accredited Service Center (ASC) in Houston…

Foster Wheeler acquires Three Streams

Nov 29, 2012

Three Streams EngineeringFoster Wheeler buys Canadian engineering firmFoster Wheeler has acquired Calgary-based Three Streams Engineering for an undisclosed amount.Three Streams is a multi-discipline full service engineering, procurement…

Cypriot love potion for the eastern Med

Nov 27, 2012

Like a Christmas present, what was widely rumored and anticipated following recent Israeli hydrocarbon discoveries, Houston’s Noble Energy announced in late December 2011 the results of its recent well in the Cypriot Economic Zone. It contains up to 9tcf of natural gas…

Helix Energy Solutions Group

Nov 10, 2012

Helix Energy Solutions Group is selling its Caesar, Express and Intrepid pipelay vessels with related equipment in separate transactions. Coastal Trade is purchasing the Express and Caesar for US$238 million in deals expected to close next year…

Floatel Superior evacuated

Nov 08, 2012

Floatel Superior and Statoil's Njord A platformAll non-essential personnel, some 336 people, onboard the Floatel Superior have been evacuated after the semisubmersible sustained damage on two ballast tanks, Statoil announced on 8 November 2012…

Caring chemicals

Sep 12, 2012

Baker Hughes has expanded its SmartCare line of products to include what the company describes as ‘more environmentally responsible’ drilling and completion fluids, production chemicals and additives used in cementing and stimulation procedures…

Fire water deluge focus

Feb 01, 2012

Since it began addressing safety critical fire water deluge system integrity issues a year ago, Paradigm Flow Solutions has rapidly expanded its provision in this area. The company is now working on life-of-field solutions with two North Sea operators…

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