Seadrill Limited ("Seadrill" or "the Company") has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project ...
Tags: Transportation, Service
Chicago, Illinois-based Energex Tube, a division of JMC Steel Group, announced Tuesday that they have agreed to a deal with Tokyo, Japan-based Metal One Corporation, offering semi-premium connections for use in North American oil and gas ...
Tags: Metallurgy, Mineral, Energy, pipe, Construction
Air-driven gas boosters are machines that are used for the oil-free compression of industrial gases, oxygen, and air. On similar lines, a gas booster system is custom made assembly comprising a single or multiple gas boosters. It also ...
Welding technology has been widely applied in the oil industry and played an increasingly important role. For coiled tubing drilling, the weakest of the bottom hole assembly (BHA) that is dangerous section of the welds. In recent years, ...
Tags: Welding, Industrial Equipment
Cattle on the Schilke Ranch in northwestern North Dakota, located on Bakken Shale. Photo: Jacki Schilke In the midst of the domestic energy boom, livestock on farms near oil-and-gas drilling operations nationwide have been quietly falling ...
Tags: Agriculture, Food
Producers in Alberta's liquids-rich shale play at Duvernay are likely to invest some C$1 billion ($955 million) in drilling activities over the remaining six months of 2013, with that figure likely to rise further next year, oil and gas ...
Singapore's sovereign wealth fund, Temasek, made net investments of S$4 billion ($3.16 billion) in its energy and resources portfolio in the year to March 31, the fund said Thursday. The new investments included acquiring an additional 5% ...
China's state-owned offshore monopoly producer China National Offshore Oil Corp says it supports the Chinese government's position over Japan's recent protests about Chinese drilling activity in the East China Sea. "We do not understand ...
Tags: Drilling Rig, monopoly producer
On Tuesday, a number of US mills filed antidumping/countervailing duty against the majority of oil country tubular goods (OCTG) imports from the majority of supplying countries. Although a case has been generally expected for some time now, ...
Tags: Mineral, steel, antidumping
Russian Prime Minister Dmitry Medvedev held a meeting on the development of the chemical and petrochemical industries. The attendees of the meeting included Deputy Prime Minister, Arkady Dvorkovich, Alexander Novak, the Minister of ...
Tags: Petrochemicals
US oil services company Schlumberger on Wednesday announced the opening of a reservoir laboratory in China's central Sichuan province to help support expanding activity in unconventional shale development. The company's new facility in ...
Tags: Shale Development, US Schlumberger
According to data released by China Customs, China’s exports of welded steel pipes totaled 387,899 tons in May, rising by 2% from a month ago and increasing by 10% year on year. Meanwhile, the figure hit the highest level of this ...
Tags: Welded Steel Pipes, Mineral
MS Europa 2, the new flagship of Hapag-Lloyd Cruises, has set off to sea with Metso's marine automation on board. The luxury ship was christened in Hamburg on May 10, 2013, and embarked on its maiden voyage toward Lisbon. The ship has been ...
Tags: Industrial Equipment, Components
Mexico's PMI is set to export 1.4 million barrels of fuel oil in July from the country's Pacific Coast, a source familiar with the company's operations said Friday. The trading arm of state-owned oil and gas producer Pemex, PMI plans to ...
New business volume grew 16.4% in the equipment finance industry in 2012, according to the 2013 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association. The growth in volume was on par with the ...
Tags: economy