The two parties also signed a Shareholders Agreement to establish a Well Manufacturing joint venture (50% CNPC and 50% Shell) subject to further corporate and government approvals. It is intended that the joint venture will develop an ...
China has slashed its official target for shale gas production in the medium term by up to a third and now expects to achieve 30 billion cubic meters of output by 2020, according to the country's Ministry of Land and Resources at a briefing ...
NEW YORK (AP) — General Electric’s net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions. The company said orders, especially those in developing countries, were ...
Tags: GE, Electrical, Electronics
Japanese steelmaker JFE Steel Corporation has announced that it has developed the world's first API X80-grade high-frequency-welded (HFW) steel pipe with thickness of 25.4mm. JFE Steel also announced that it has received the first two ...
Tags: Welded Steel Pipe, Mineral
If you're operating in an industrial domain where pipelines play a vital role in ensuring the work efficiency, it is highly important that you get the best pipeline service in the region. Although there are numerous pipeline service ...
Ressources et Energie Squatex Inc. (¨Squatex¨) is pleased to announce the discovery of a significant reservoir rock which could contain a large quantity of conventional natural gas in the Lower St. Lawrence area. While carrying a ...
Tags: Squatex, discovery, cinventional, natural, gas
BP’s business activities in the US helped generate more than $147 billion in economic impact in 2012 and support more than a quarter million American jobs, the company’s Group Chief Executive Bob Dudley will announce today in a ...
Tags: BP, US, economic impact, commitment, conomy
Chinese companies are aiming to cut costs and enhance efficiencies as they become more familiar with shale gas development in the country, delegates at an unconventional gas conference said in Beijing this week. State-owned Sinopec has ...
Tags: Shale Gas, Chinese Oil Companies
Chinese companies are aiming to cut costs and enhance efficiencies as they become more familiar with shale gas development in the country, delegates at an unconventional gas conference said in Beijing this week. State-owned Sinopec has ...
Tags: Oil, Metallurgy, Mineral, Energy
The top executive of one of the world's biggest mining drilling companies said he believes the industry has bottomed out, but that he doesn't expect a return to peak cycle levels soon. Moreover, there has been "a fundamental shift in what ...
Tags: mining drilling, Metallurgy
Reporting a 34% revenue increase year on year in 2012 and expecting sales for the second half of 2013 to climb from the flat first half, L&L Machinery Industry Co., Ltd., a leading heavy-duty-lathe maker in Taiwan, is moving in a new ...
The market for semiconductors used in industrial electronics applications relished a better-than-expected first quarter as macroeconomic headwinds turned out to be less severe than initially feared, according to the latest Industrial ...
Tags: Electrical, Electronics, semiconductors
The mechanical process that involves drilling perfect round shaped holes in concrete, precast concrete, asphalt, brick, cinderblock, floors, walls and other structural materials is called concrete core drilling. Diamond core cutting tools ...
Tags: Concrete Core Drilling, Tools, Hardware
Sembcorp Marine's PPL Shipyard secures US$220.5 million contract to construct a jack-up rig for Bot Lease Co., Ltd Monday, Jun 03, 2013 Sembcorp Marine’s subsidiary PPL Shipyard has secured a contract to build a jack-up drilling rig ...
Tags: Transportation, drilling rig, Service
In 2012, the global core drill market reached a plateau. And industrial players including Atlas Copco, Sandvik and Boart Longyear have been in a firm position to dominate the global market after a series of M&As, laying the foundation to ...
Tags: core drill market, China, 2012