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  • UPSTREAM

    SECTIONS: INTERNATIONAL | NORTH AMERICA

     

    The Latest Oilfield services news

    Weatherford increases layoff target to 11, 000

    Jul 23, 2015

    Weatherford International is increasing its job cuts from 10,000 to 11,000, representing approximately 20% of its workforce. With continuing weak North American market conditions, Weatherford is further reducing its cost structure to reflect the current environment.  

    FMC Technologies plans for more layoffs

    Jul 23, 2015

    FMC Technologies Inc. is planning further layoffs due to current challenging market conditions.

    FoundOcean expands operations to deeper water depths in Gulf of Mexico

    Jul 22, 2015

    FoundOcean has developed and executed grouting procedures for Subsea 7 operations at 5,300 feet (1,615 meters) in the Gulf of Mexico, exceeding its previous operating depth levels.

    Integrated Environmental Technologies hires VP for O&G division

    Jul 22, 2015

    Integrated Environmental Technologies Ltd. has hired Chad L. Crady to serve as its vice president of sales and operations for the company's oil and gas division.  

    OPITO contract with Oman helps build skilled indigenous workforce

    Jul 21, 2015

    OPITO International has secured a contract with the Ministry of Oil and Gas in Oman. The global oil and gas training standards body is working with the government, the Oman Society for Petroleum Services (OPAL), and employers to improve the delivery of training, ensuring that the country has a skilled and safe oil and gas workforce – and creating greater employment opportunities for Omanis.

    Gacicia joins KLR Group as oilfield services research analyst

    Jul 15, 2015

    Darren F. Gacicia has joined KLR Group LLC as a managing director and head of oilfield services research.

    Flowrox Oy names Koskela as new CEO

    Jul 14, 2015

    Finland-based Flowrox, which provides heavy-duty industrial valve manufacturing and services, has appointed Jukka Koskela as its new CEO.

    Mission-critical oilfield data

    Jul 8, 2015

    Efficiency and economics are changing the way data is collected, stored, and used throughout the oil and gas supply chain

    UPSTREAM NEWS

    Jul 8, 2015

    First drone-based gas pipeline surveillance program begins in France

    Jul 7, 2015

    AIR MARINE, a French company specializing in aerial data acquisition and processing, will conduct the first drone-based gas pipeline surveillance program in France for GRTgaz.

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    INTERNATIONAL UPSTREAM

    Carnarvon to explore two permits in Barrow sub-basin

    Jun 5, 2014

    Carnarvon Petroleum Ltd. has been awarded two contiguous blocks on the eastern flank of the prolific oil producing Barrow sub-basin: Petroleum Exploration Permit EP-490 (bid block L11-6) and TP/27 (bid block T11-3) offshore Western Australia. Carnarvon is the operator and 100% working interest holder in these blocks, which cover a total area of 675 square miles (1,750 square kilometers).

    Report predicts surge in world subsea expenditure

    Jun 5, 2014

    Global subsea hardware capex could total $117 billion between 2014 and 2018, according to Douglas-Westwood’s latest market forecast.

    Hitachi Solutions Canada to unveil JV solution for oil and gas industry

    Jun 4, 2014

    Hitachi Solutions Canada, a global provider of industry solutions based on Microsoft Dynamics AX, will be launching an oil and gas joint venture solution using Microsoft Dynamics AX 2012.

    Primoris wins underground contract work valued at over $10 M

    Jun 2, 2014

    Primoris Services Corp. has received a new contract award from a midstream oil and gas customer. The new contract was secured by Sprint Pipeline Services, a division of Primoris Energy Services, a Primoris subsidiary and part of the East Construction Service segment.

    NORTH AMERICA UPSTREAM

    Alpha Crude Connector to conduct open season

    Jun 2, 2014 Alpha Crude Connector LLC intends to conduct an open season for the Alpha Crude Connector pipeline, a new FERC-regulated crude oil transportation pipeline to be located in Lea and Eddy counties in ...

    MicroSeismic names Foster as president and CEO

    May 30, 2014

    MicroSeismic Inc. has appointed Jeff Foster as the company’s president and CEO. Founder of the company and past CEO, Peter M. Duncan, will continue with MicroSeismic as co-chairman.

    KMP to expand carbon-dioxide infrastructure

    May 8, 2014

    Kinder Morgan Energy Partners LP is set to invest $671 million to grow its carbon-dioxide infrastructure in southwestern Colorado and New Mexico.

    TPC Group expands polyisobutylene capacity

    May 1, 2014

    TPC Group, a provider of C4 based products and services, has achieved a milestone in its comprehensive expansion program to increase polyisobutylene capacity.

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