Tag: oil and gas

BP has sanctioned the Mad Dog Phase 2 project in the United States. Mad Dog Phase 2 will include a new floating production platform with the capacity to produce up to 140,000 gross barrels of crude oil per day from up to 14 production wells.

In 2018 purchases of industrial valves will exceed $64 billion. Most of these purchases will be made or influenced by 2000 companies and just 20,000 people (1). Two hundred companies will purchase 20 percent of the total. Several large company purchases will exceed $500 million each. The top 20 companies will account for 7 percent of the total. Written by Robert McIlvaine of The McIlvaine Company.

"The importance of the check valve is indisputable. Created with the sole purpose of directing fluids in a single direction and preventing the reversal of any fluids or gases, check valves have an important place in a myriad of industries, LNG being one of them," states Carlos E. Davila in this informative article.

Few people at Fluor have as much experience as Claire Dwyer, Piping Material Engineer. A Fluor veteran of twenty-nine years, Dwyer started her career as a Piping Material Engineer while still attending school in South Africa. Sarah Bradley, Editor-in-Chief of Valve World Americas, sat down with Claire to discuss the challenges of working for a global company.

Saudi Aramco has awarded Schlumberger two contracts for drilling rigs and services for oil and gas wells. The Schlumberger Integrated Drilling Service will provide drilling equipment and services for up to 146 gas wells and up to 128 oil wells over three years.

Brazil’s Petrobras and America’s ExxonMobil have just signed a Memorandum of Understanding (MoU) regarding a strategic alliance to jointly identify and evaluate potential business opportunities across all sectors of oil and gas production.

The world oil price has hit a 28-month high. Industry insiders believe that a contributing factor is all the expectations on the Organization of the Petroleum Exporting Countries (OPEC) /non-OPEC output-cut agreement.

Metso, a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries, with multiple locations throughout the Americas, has received four major valve orders for the oil and gas industry from Chinese petrochemical customers.

Malaysian state energy firm Petronas recently announced it has been awarded a shallow-water oil and gas exploration block that it will jointly operate with Ecopetrol in the Mexican portion of the Gulf of Mexico (GoM).

Houston-based Plains All American Pipeline will continue to grow its pipeline capacity coming out of West Texas' prolific Permian Basin, adding 120 000 barrels per day (bpd) to a pipeline between Midland and Cushing, Oklahoma.