Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced today that EnQuest Heather Limited together with EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical ...
Baker Hughes Incorporated (NYSE: BHI) today announced that a protest incident by local residents occurred last Saturday at a subsidiary's facility near Basrah, Iraq. No injuries were suffered and the facility was secured. The incident is ...
Tags: Baker Hughes, Iraq, force majeure
The potential for synchronous global growth could ignite demand for transportation, leading to higher carrier pricing, a recovery of profitability, and the potential for industry consolidation, according to David Newman, a transportation ...
Tags: Transportation, auto
China Oilfield Services October 30 signed three drilling platform building contracts with Dalian Shipbuilding Industry Offshore Co., Ltd. and China Merchants Heavy Industry (Shenzhen) Co., Ltd., which include the HYSY 982, the HYSY 943 and ...
Tags: Oilfield, Metallurgy, Mineral, Energy
Chantier Davie Canada Inc. ('Davie') today names the 717th ship launched at its facility, an advanced multipurpose subsea construction vessel. The cutting-edge 'Cecon Pride' has been built at Davie for export to Norwegian Oilfield ...
Tags: Transportation, ship, logistics
Two months before the expected third round of bidding for shale gas exploration rights, a Chinese firm on Friday successfully tested extraction equipment. The equipment will operate in complex geographic conditions, according to the ...
Tags: Shale Gas, Extraction Machine
OSD-IMT secures seismic support vessel contracts for COSL Offshore Ship Designers has secured a design contract for two IMT965 seismic support vessels with a bollard pull in excess of 50 tonnes for China Oilfield Services Ltd (COSL), ...
Tags: Transportation, logistics
The top three carriers on Today's Trucking's Top 100 For-Hire Canadian fleets — TransForce, Mullen Group, and Vitran — have finished reporting their second-quarter 2013 results. Each company reported revenue drops of various ...
Tags: Transforce, Mullen
Mullen Group’s second quarter net income rose 13% to $20.9 million this year, once adjusted for any unrealized foreign exchange gains and losses and the change in fair value of investments. Mullen’s Q2 revenue was $310.3 ...
Tags: Mullen Group, Capital Spending
National Oilwell Varco, Inc. and Robbins & Myers, Inc. jointly announced that National Oilwell Varco’s acquisition of Robbins & Myers is complete. Pete Miller, Chairman and CEO of NOV, remarked, “We are happy to have all of ...
Houston, Texas- based National Oilwell Varco, Inc. and Robbins & Myers, Inc. jointly announced today that National Oilwell Varco's acquisition of Robbins & Myers is complete. Under the merger agreement for this transaction, Robbins & ...
Douglas-Westwood conducts comprehensive industry study into Iraq and Kurdistan Drilling and Oilfield Services market 2012-2016 The potential scale of the Iraqi oil sector is unprecedented in modern times, and represents a significant ...
Baker Hughes Incorporated announced that Archana (Archie) Deskus, an executive with experience leading information technology functions within the aerospace, industrials and consumer products industries, will join the global oilfield ...
Tags: Baker Hughes, Archana Deskus, CIO, 2013
Wärtsilä, the marine industry's leading solutions and services provider, has signed a contract with China Oilfield Services Ltd (COSL) to supply the designs for a total of six new ships. The two Platform Supply Vessels (PSVs) and ...
Tags: China Oilfield Services Ltd, COSL, VS 485 PSV MKIII design
Texas based oilfield services company Baker Hughes Incorporated said that the number of rigs actively exploring for oil and natural gas in the US fell this week by one to 1,799. Baker Hughes said Friday that 1,381 were exploring for oil ...
Tags: gas, Texas, Oklahoma, cushing pipeline hub