Tag: upstream

Global oil price reaches 28-month high

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.

ExxonMobil acquires acreage offshore Suriname

Petrochemical giant ExxonMobil Corporation has announced that its subsidiary, ExxonMobil Exploration and Production Suriname B.

Doing valves right: with ExxonMobil’s Rudy Garza

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.

Shell opens oil & gas treatment plant

Shell recently opened a 10,000-bpd oil and gas treatment plant in its acreage in the Vaca Muerta shale formation in Argentina.

Victaulic 713 Swing Check Valve for upstream

Pennsylvania-based Victaulic, a leading manufacturer of mechanical pipe-joining systems, has extended the size range of its Series 713 swing check valve to include 2 to 4-inch (50 to 100 mm) sizes. The 713 series offers higher working pressures than previous designs for greater versatility.

W&O to distribute LESER safety relief valves

W&O, a global supplier to the marine and upstream oil and gas markets for pipe, valves and fittings, valve automation, and engineered solutions, has partnered with LESER in an exclusive distribution agreement to bring its safety relief valves to the United States maritime industry.

McDermott elects new board of director member

McDermott International has appointed Mr. Gary P. Luquette as the new non-executive chairman of the board of directors.