Tag: oil & gas

Drilling updates for Petrobras projects

Petrobras has published updates on their recent drilling activities throughout South America for the first three months of 2014.

Chevron and GE form alliance

The two companies of Chevron Energy Technology Co. and GE Oil and gas have formed the Chevron GE Technology Alliance to develop and commercialize technologies that could potentially help solve important issues for the oil and gas industry.

Shell’s CEO outlines new priorities

Ben van Beurden, who began his role as Shell’s new CEO on January 1, 2014, has announced that even though the company’s overall strategy is solid, he has new priorities.

Subsea oil & gas ball valves available

High Pressure Equipment Company (HiP), a manufacturer of specialty valves for high-pressure applications, has announced their subsea offshore oil & gas ball valves, which are suitable for 20,000-psi operation.

Trelleborg wins its largest offshore order

Trelleborg, through its business area Trelleborg Offshore & Construction, has been awarded a contract to supply drill riser buoyancy modules (DRBMs) to one of the major drilling companies in the world.

Cimarex announces sale of property

Cimarex Energy Co. has entered into an agreement to sell certain non-core long-lived oil and gas properties in Texas. The properties are to be sold for USD$294 million.   The sale is anticipated to close before the end of 2012.