Swedish high-technology engineering and steelmaking group Sandvik has announced that it has completed the acquisition of Varel International Energy Services Inc., a manufacturer of drill bits. The parties had reached an agreement for the ...
Redline Communications Extends High Speed Wireless to Vehicles, Ships and Offshore Oil and Gas Operations Thursday, Apr 10, 2014 Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of mission-critical wireless ...
Tags: Transportation, Service
US Representative Pete Olson, R-Texas, on Tuesday called for less federal regulation for oil and gas drilling, including allowing some drilling in national parks. Olson, who spoke at the Texas Independent Producers and Royalty Owners ...
The UK offshore oil and gas industry is experiencing record investment levels but there has been a fall in exploration activity that should lay the foundations for continued production. Industry association Oil & Gas UK Tuesday released ...
The UK government believes there is much greater opportunity in developing the North Sea's remaining oil and gas resources than in the fledgling onshore shale gas sector, and plans to implement speedily recommendations laid out in a final ...
Tags: Shale Gas, North Sea Investment
Russian steelmaker Severstal has announced that it delivered 1,800,000 mt of rolled steel to Russia-based pipe manufacturers in 2013, registering a 10 percent increase compared to 2012. Severstal stated that the growth was primarily ...
Tags: Pipe Producers, Steel
Indonesia's Industry Minister Mohammad S. Hidayat said on Thursday that non-oil and gas industry in the country would grow up between 6.4 to 6.8 percent this year with an estimated export earning of 125 billion U.S. dollars. The growth in ...
Tags: Gas Industry, Non-Oil, Mineral
Africa's biggest oil producer seeks balance between its profits and benefits in emerging markets such as China As Nigeria's government prepares to implement the Petroleum Industry Bill that will provide "long-term" investment prospects, ...
Tags: oil producer, Mineral
Gibson Energy Inc. has named a number of new executives, including one who will oversee trucking operations. Rick Wise was appointed chief operating officer. In his new role, Wise will be responsible for managing Gibson's operating ...
Baker Hughes Incorporated (NYSE: BHI) announced today that the U.S. onshore well count for the fourth quarter 2013 is 9,056 wells; down 19 wells from the revised 9,075 wells counted in the third quarter 2013. Compared to the fourth quarter ...
Tags: Baker Hughes, 2013 Well Count, Oil News, Gas News
Parallel Energy Trust (TSX:PLT.UN)(TSX:PLT.DB) ("Parallel" or the "Trust") today announced its estimated production results for the fourth quarter and full year 2013, the commencement of its 2014 drilling program and its estimated year-end ...
Cargill Inc. announced Wednesday plans to build a new steel processing center in Windsor, Colorado,? about 60 miles north of Denver, to supply the state's booming oil and gas industry. "By locating in northern Colorado, which is in the ...
Tags: Steel, Steel News, Cargill, Steel Processing and Distribution
Cargill Inc. announced Wednesday plans to build a new steel processing center in Windsor, Colorado,? about 60 miles north of Denver, to supply the state's booming oil and gas industry. "By locating in northern Colorado, which is in the ...
Tags: Steel, Steel News, Cargill, Steel Processing and Distribution
The importance of safety in the offshore industry will be the subject of discussion at the next evening meeting and supper hosted by the Energy Institute in Aberdeen. Guest speaker Steve Bullock,senior vice president HSSEIA Offshore ...
Tags: safety, offshore industry, Energy Institute, Steve Bullock
FMC Technologies, Inc. (NYSE: FTI) announced today that John T. Gremp, Chairman, President and Chief Executive Officer, will participate in a panel discussion. FMC Technologies, Inc. (NYSE:FTI) is a leading global provider of technology ...