Latest Oilfield Services News

LM Handling joint venture set to enhance collaboration in offshore solutions

May 22, 2013

Large Diameter Drilling (LDD) has launched LM Handling, a new business unit established as a joint venture co-operation between Acteon companies LDD and MENCK.

Express Energy Services offers new technology for offshore plug and abandonment, decommissioning

May 21, 2013

Express Energy Services has introduced a newly developed, integrated work station for offshore plug and abandonment (P&A) and decommissioning operations along with new mechanical cutting tool technologies. The system is currently operational in the Gulf of Mexico.

The Rt. Hon. The Lord Howell of Guildford appointed president of the EIC

May 21, 2013

The Energy Industries Council (EIC), a trade association for UK companies that supply goods and services to the energy industries worldwide, has appointed The Right Honourable the Lord Howell of Guildford as president. Lord Howell is a senior member of the House of Lords, and has held ministerial positions for Energy, Transport and the Foreign and Commonwealth Office in two Conservative Governments.

Gulfstream promotes Marcel to manager of global operations, decommissioning services

May 15, 2013

Gulfstream Services Inc. (GSI), an oilfield rental company providing high pressure equipment for the international oil and gas industry, has named Billy Marcel as manager of global operations – decommissioning services division.

Unimin opens proppant distribution center to serve Permian Basin, Cline shale

May 14, 2013

Unimin Corp. has opened its newest proppant distribution terminal in Lubbock, TX to serve hydraulic fracturing operations in the North Permian basin and northern sections of the Cline shale.

 

National oil companies reshape the playing field

May 1, 2013

As the balance of power in the oil industry shifts from large international oil companies (IOCs) to national oil companies (NOCs), business models for players throughout the industry are shifting in response.

RPS Group acquires Knowledge Reservoir

Apr 19, 2013

Knowledge Reservoir, a global energy consulting company, has been acquired by RPS Group plc (RPS).

Clariant Oil Services to acquire Champion Technologies' deepwater Gulf of Mexico assets

Apr 15, 2013

Complementary to its strategy to develop deep water solutions and grow its operations in North America, Clariant Oil Services has agreed to acquire certain Gulf of Mexico assets from Ecolab Inc.

IPAA launches 'Energy Tax Facts' campaign

Apr 11, 2013

The Independent Producers Association of America (IPAA) has launched a new educational campaign, Energy Tax Facts. This campaign and website (http://energytaxfacts.com) will explain the often complicated tax provisions and policies that apply to American independent producers.

Poll: Support for hydraulic fracturing exceeds opposition

Apr 11, 2013

A recent University of Texas poll asked respondents what they thought about a variety of energy issues, not the least of which was hydraulic fracturing. Interestingly, the poll actually shows how anti-energy activists are losing in their misinformation campaign against responsible shale development.