Strata-X Energy announced the appointments of David L. Hettich as Chief Financial Officer (CFO) of the company and Shaun Maskerine as the company's Canadian Corporate Secretary (CS).
Technip, leader of a consortium with Samsung Engineering and China’s Huanqiu Contracting & Engineering Corporation, was awarded a contract for the front-end engineering design and the early detailed engineering services of a grassroot liquefied natural gas (LNG) project by the Pacific NorthWest LNG Limited Partnership.
Shell has laid the keel for Prelude FLNG, the world’s first floating liquefied natural gas project. When complete, Prelude is expected to be the largest offshore floating facility ever built.
Exxon Mobil Corporation has begun development of the Julia oil field in the Gulf of Mexico.
Capital cost for the project is estimated to be more than $4 billion.
Speaking at the "Global Deepwater Technology Development" panel in Houston, USA, Petrobras' executive manager for production engineering in Exploration & Production, Solange da Silva Guedes highlighted the importance of integrating companies that operate in deepwater oil and gas fields with universities and suppliers for the development of offshore production technology.
The panel, with more than 250 attendees, opened the first day of the Offshore Technology Conference (OTC), the world's biggest event devoted to offshore oil exploration and production.
At the Offshore Technology Conference in Houston, Total was honoured with the Distinguished Achievement Award for Companies for its Pazflor deep offshore development.
CIRCOR International, a leading provider of valves and other highly engineered products for energy, oil & gas, power generation and aerospace markets, announced financial results for the first quarter ended March 31, 2013.
Mechanical engineering group EnerMech announced at OTC in Houston that it has invested more than USD 20.2M as it steps up its drive to cement its presence in the US and Mexico.
A recent move to a new 50,000 sq ft workshop, office and storage facility near to Houston’s Energy Corridor has been followed with a USD 14 million investment in new Process, Pipeline and Umbilical (PPU) equipment and in opening a base at Villahermosa, Mexico.
For the Aberdeen headquartered company, the lure of the Gulf of Mexico and its deepwater projects is strong and the strategic investment is already paying off with confirmation of a number of PPU contracts in 2014 worth up to USD 9.3M.
The headcount stands at 40 but Vince Kouns, president of EnerMech’s US operation, expects that to grow to 120 by the end of 2013 with turnover more than trebling from USD 6.2M – USD 23.3M, and trebling again to USD 78M in 2015.
The company has a lengthy connection to Houston through respected hydraulics specialist Norson Power which was acquired in 2010 and Kouns, along with VP Alan Sweeney is focussed on replicating that success in PPU, cranes and lifting, equipment rental, valves and training services.
