OMK invests in US OCTG market.Russia-based OMK (United Metallurgical Company) held a ribbon-cutting ceremony to open its new pipe-manufacturing facility in northeast Houston. The US$100 million investment was made in response to rising demand for oil country tubular goods (OCTG)…
Bremerhaven, 15 February 2013. Current measurements of the ESA ice thickness satellite CryoSat-2 have shown that the total mass of the Arctic sea ice was 36% smaller last autumn than during the same period in the years 2003 to 2008. Five years ago…
Anadarko Petroleum CorporationAnadarko Petroleum Corp. announced details of its 2013 capital program and guidance, and provided additional information regarding its significant U.S. onshore growth opportunities, deepwater and international mega projects and industry-leading exploration program…
Apache shifts Cecil Provine rig to location Apache to move Rowan's Cecil Provine drilling rig to location for possible relief well (Image: Rowan)Apache evacuated 15 workers after experiencing a kick from an abnormally pressured gas zone…
Seamless pipe mill is Tenaris’ first in US Texas Gov. Rick Perry speaks at an event announcing a new seamless pipe mill in Bay City, Texas (Image: Tenaris)Tenaris will build a US$1.5 billion seamless pipe mill in Bay City, Texas, the company…
Oceaneering International, Inc. reported record fourth-quarter and annual earnings for the periods ended December 31, 2012.For the 4Q 2012, Oceaneering earned net income of $80.6 million, or $0.74 per share, on revenue of $780.9 million. During the corresponding period in 2011…
Cotemar Group extends contracts for Prosafe semisubs at Cantarell fieldProsafe's Jasminia accomodation semisub accommodates 535 personnel (Image: Prosafe SE)Mexico’s Cotemar Group, a private company headquartered in San Pedro Garza García…
Rosneft pact grants Exxon 7 Arctic Sea blocksExxonMobil President Stephen Greenlee and Rosneft President Igor Sechin sign expanded cooperation agreementExxonMobil significantly boosted its presence in the Russian Arctic with new agreements with Russian partner Rosneft…
Obama taps Sally Jewell for Interior Dept. President Barack Obama and Sally Jewell applaud outgoing Interior Secretary Ken Salazar (Official White House Photo by Pete Souza)President Barack Obama announced he will nominate Sally Jewell…
Pangea LNG is permitted to export up to 8MPTA Pangea LNGThe U.S. Department of Energy has granted Pangea LNG (North America) Holdings, LLC, long-term, multi-contract authorization to export liquefied natural gas (LNG) to free trade agreement…
FMC to deliver subsea gear starting 1H 2013 BP Thunder Horse platform (Image: BP)BP has chosen FMC Technologies to manufacture and supply subsea equipment to support water injection in its Thunder Horse field, FMC announced on 4 February 2013…
Ocean energy is not just in the water. There’s offshore wind, which tends to be steadier than onshore wind. But turbines are harder to build and maintain in a marine environment than they are on land. The Bureau of Ocean Energy Management (BOEM)…
Offshore energy means more than just oil and gas. But is it an energy nirvana or a cult of false hope? Bruce Nichols looks at the progress that the marine renewables industry has made, and the hurdles it has to overcome.The latest trend in renewable energy has come to Cobscook Bay in Maine…
Rube Goldberg had nothing on these guys. The American engineer, inventor and cartoonist most famous for drawing outlandish machines would have smiled at all the ideas for capturing ocean wave and tidal energy.According to the European Marine Energy Center…
Aquatic Engineering & Construction, an Acteon company, has appointed Bill Smart business development manager, North America. Smart joins Aquatic from Prime Source Packaging, where he was vice president of sales & service. Previously…