Energy Solutions International, Inc., a world-leading supplier of software solutions that optimize operational and commercial performance of oil and gas pipelines, announced that PEMEX Gas y Petroquimica Basica (PGPB) selected PipelineManager® software for comprehensive management of its 12,000 kilometers of natural gas, liquid petroleum gas and petrochemical pipelines. PGPB is one of four divisions of [...]
Aegean Marine Petroleum Network Inc. announced that it will be establishing business operations in Trinidad and Tobago, expanding its presence to the southern Caribbean. Aegean is in the process of setting up its local logistics infrastructure and expects to commence operations by the end-of-the first quarter, 2009.
E. Nikolas Tavlarios, President, commented, “We are pleased to [...]
Rowan Companies, Inc. (NYSE:RDC - News) announced today that its wholly-owned subsidiary, LeTourneau Technologies, Inc., has entered into a contract to furnish a kit and license to Lamprell Energy, Ltd. for the construction of a third Super 116E class jack-up rig.
The rig will be built at Lamprell’s Jebel Ali facility located in the United Arab [...]
Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, conducted two, large unreserved auctions last week in Dubai, UAE and Los Angeles, California, generating gross auction proceeds of US$20 million and US$24 million, respectively. Close to half of the gross auction proceeds at the Los Angeles unreserved public auction (more than US$11 million or 49%) came [...]
Rowan Companies, Inc. has recently reported that the company has announced today that its wholly owned manufacturing subsidiary, LeTourneau Technologies, Inc. (LTI), has entered into a contract with Weatherford Drilling International (BVI) Ltd. to construct four new 2000 horsepower land drilling rigs, at a total value of $74.4 million.
Construction is expected to start immediately with [...]
Rowan Companies, Inc. announced that its wholly owned manufacturing subsidiary, LeTourneau Technologies, Inc. (LTI), has entered into a contract with Weatherford Drilling International (BVI) Ltd. to construct four new 2000 horsepower land drilling rigs, at a total value of $74.4 million.
Construction is expected to start immediately with delivery of the first land rig in the [...]
Treasury Secretary Henry Paulson asked Persian Gulf oil producers to open up to more foreign investment, saying it would help diversify their economies as well as boost output.
Paulson was in Abu Dhabi, the largest of the United Arab Emirates.
The UAE is Paulson’s last stop on a tour of Gulf nations.
He acknowledged that there are no [...]
World Gold Council (WGC), the organisation formed and funded by the world’s leading gold producers, has today announced that it has partnered with a leading Russian jewellery manufacturer, Choron, to bring the Gold Expressions jewellery collection to Russia for the very first time. Choron will present Gold Expressions at the New Russian Style Fair 2008 [...]
San Juan County residents who are curious about how oil and natural gas are produced can attend a class at San Juan College’s School of Energy.
The class, “The Oil and Gas Industry: An Introduction Story,” will explain the process in easily understood language.
“I start with geology and end up with capping the well,” said course [...]
Kuwait News Agency (KUNA)) Kuwait will host on Monday the World Energy and Chemicals Exhibition and Conference held under the auspices of His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah with participation of 70 local and international companies.
The four-day conference and exhibition will be inaugurated by the Minister of Electricity and Water and [...]
