Tag: oil & gas

ValvTechnologies, Inc., manufacturer of zero-leakage severe service isolation valve solutions, has announced the appointment of John Furfey as Industry Director, Oil and Gas.

Record-level deal making took place in the oil and gas sector during the first quarter of 2018. Now, 90% of oil and gas executives are anticipating the global mergers and acquisitions market will improve in the next 12 months, up from 43% in April 2017, according to the EY Oil & Gas Global Capital Confidence Barometer.

Weir Oil & Gas, an upstream provider of pressure pumping and pressure control equipment and services, has announced that it is launching its global pressure control offering following recent acquisitions.

U.S. East Coast refiners are shipping more shale oil from the Gulf Coast thanks to discounts for West Texas crude. These refiners are also looking to bring in more shale oil more via rail, however, supply bottlenecks are making it difficult to secure more barrels.

Rudy Garza began his career with ExxonMobil (then Exxon) in 1990 as a facilities engineer. Twenty six years later, he’s still employed as a Sr. Mechanical Consultant in ExxonMobil’s Static Equipment Group (i.e. heat exchangers, tanks, pressure vessels, piping, and valves). One of Garza’s core responsibilities is providing advanced technical support to ExxonMobil’s Upstream producing affiliates. Written by Richard Heyl.

Otto Energy Limited is pleased to provide the following update and information on the Company’s flagship South Marsh Island Block 71 (“SM 71”) oil project.

Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, has announced the final investment decision for Vito, which is a deep-water development in the U.

BP has named Helge Lund, who is a former head of Norway's Statoil (STO), as its next chairman. Lund, who also led BG Group during its acquisition by rival Royal Dutch Shell (RYDAF), will replace Carl-Henric Svanberg, who was the chairman of BP  for almost nine years.

GlobalData, a data and analytics company, has reported that over USD $142 billion will be spent on 97 upcoming oil and gas fields between the years of 2018 and 2025.

Wood, a global leader in the delivery of project, engineering and technical services to the energy and industrial markets, along with Cisco and Roue Consultores have participated in the opening of a new Oil and Gas Advanced Technology Center (ATC).