Offshore articles from July 2006

Offshore archives from July 2006

Active rig fleet, June 2006.(GLOBAL DATA)(Statistical table)(Brief article)
July 1, 2006... Active rig fleet, June 2006 Floaters Jackups US GoM 40(-1) 97(-4) Mex GoM 7(0) 30(+3) North Sea 42(0) 33(+1) East Atlantic 2(0) 2(0) L. America 31(-1) 14(0)...

GoM drilling permits issued.(GLOBAL DATA)
July 1, 2006... GoM drilling permits issued Drilling permits Oct. 84 Nov. 73 Dec. 59 Jan. 91 Feb. 61 Mar. 71 Apr. 62 Source: US Minerals Management Service Note: Table made from bar graph.

The following graph is taken from The Global Perspectives: Subsea Report 2006-2010 available from Infield Systems Ltd, and looks at the distribution of the number of trees expected to be brought on-stream in Latin America over the next five years.(GLOBAL DATA)(Brief article)
July 1, 2006... The following graph is taken from The Global Perspectives: Subsea Report 2006-2010 available from Infield Systems Ltd, and looks at the distribution of the number of trees expected to be brought on-stream in Latin America over the next five...

Gulf of Mexico day rates.(GLOBAL DATA)(Statistical table)(Brief article)
July 1, 2006... Gulf of Mexico day rates Month/Year Minimum Average Maximum Drillship June 2005 $165,000 $209,680 $289,900 July 2005 $165,000 $209,680 $289,900 Aug 2005 $165,000 $209,680 $289,900 Sep 2005 ...

Total has discovered oil in the Dissoni block in Cameroon's offshore Rio del Rey basin.(Africa)
July 1, 2006... Total has discovered oil in the Dissoni block in Cameroon's offshore Rio del Rey basin. The well encountered 50 m of oil pay in what is described as "massive oil-bearing sandstone." The block was awarded to Total and partner Pecten in April...

Vaalco Energy is spending both time and money drilling offshore Gabon.(VAALCO Energy Inc.)(Brief article)
July 1, 2006... Vaalco Energy is spending both time and money drilling offshore Gabon. Executives at Houston-based Vaalco, which has just 20 full-time employees and annual revenue of $93 million, gamble that the odds of striking significant reserves are...

Brazilian energy company Petrobras has obtained a stake in three Angolan exploratory blocks following a successful tender bid organized by Angola's state oil company, Sonangol.(Africa)
July 1, 2006... Brazilian energy company Petrobras has obtained a stake in three Angolan exploratory blocks following a successful tender bid organized by Angola's state oil company, Sonangol. The inclusion of the three exploratory blocks, designated 6, 26...

Malaysian Prime Minister Dr. Abdullah Ahmad Badawi has called on oil and gas consumer countries to participate in the exploration of deepwater and ultra deepwater acreages in Southeast Asia.(Abdullah bin Haji Ahmad Badawi)(Brief article)
July 1, 2006... Malaysian Prime Minister Dr. Abdullah Ahmad Badawi has called on oil and gas consumer countries to participate in the exploration of deepwater and ultra deepwater acreages in Southeast Asia. He urged oil and gas consumer countries to...

New Zealand Oil & Gas Ltd's participation in seven offshore Taranaki oil wells from the end of 2006 into 2007 will be its largest continuous drilling program ever, the company said.(New Zealand Oil and Gas Ltd.)
July 1, 2006... New Zealand Oil & Gas Ltd's participation in seven offshore Taranaki oil wells from the end of 2006 into 2007 will be its largest continuous drilling program ever, the company said. As well as having an interest in the Tui oil field (PMP...

According to plans, Philippine oil production could almost double when Nido Petroleum opens its first project in the country next year.(Asia)
July 1, 2006... According to plans, Philippine oil production could almost double when Nido Petroleum opens its first project in the country next year. Nido holds a stake in the Galoc Project in the Palawan basin, offshore the northwest of the Philippines....

Mexican NOC Petroleos Mexicanos (Pemex) has purchased 11 Triconex safety instrumented systems from Invensys Process Systems as part of an operations, safety, and security upgrade in major offshore projects.(Americas)
July 1, 2006... Mexican NOC Petroleos Mexicanos (Pemex) has purchased 11 Triconex safety instrumented systems from Invensys Process Systems as part of an operations, safety, and security upgrade in major offshore projects. At the Ku Maloob Zaap oilfields...

Venezuela's national assembly approved all 22 contracts for new E&P joint ventures between state oil firm Pdvsa and 16 foreign and domestic oil companies.(Americas)
July 1, 2006... Venezuela's national assembly approved all 22 contracts for new E&P joint ventures between state oil firm Pdvsa and 16 foreign and domestic oil companies. Energy and Mines Committee Chairman Angel Rodriguez said "The goal was achieved:...

The government of Ecuador has invited Malaysia to participate in its oil and gas exploration prospects, according to Malaysian Foreign Minister Syed Harold Albar.(Americas)
July 1, 2006... The government of Ecuador has invited Malaysia to participate in its oil and gas exploration prospects, according to Malaysian Foreign Minister Syed Harold Albar. Syed and his Ecuadorian counterpart, Francisco Carrion Mena, met in...

Statoil has confirmed discovery of hydrocarbons in Valemon near the Kvitebjorn field.(Europe)(Brief article)
July 1, 2006... Statoil has confirmed discovery of hydrocarbons in Valemon near the Kvitebjarn field. Well 34/11-5 S was drilled from the Kvitebjorn platform in 190 m of water to a total vertical depth of 4370 m below sea surface. Hydrocarbons were proven...

Tullow Oil Plc says the K4 exploration well, 44/23b-13, in the UK sector of the North Sea has encountered reservoir quality gas bearing sands with "significant upside potential.".(Europe)
July 1, 2006... Tullow Oil Plc says the K4 exploration well, 44/23b-13, in the UK sector of the North Sea has encountered reservoir quality gas bearing sands with "significant upside potential." The K4 discovery is 5 km southeast of Kelvin (K3) gas...

In Britain's Outer Moray Firth, first gas has flowed from BG/Amerada Hess' joint Ariantic/Cromarty field development.(Amerada Hess Corp.)(Brief article)
July 1, 2006... In Britain's Outer Moray Firth, first gas has flowed from BG/Amerada Hess' joint Ariantic/Cromarty field development. Both fields, discovered respectively in 1997 and 1986, are exporting directly to the Sage terminal in St Fergus, 80-km to the...

Statoil keen on step-outs.(Statoil does oil well development)
July 1, 2006... "Developing fields near areas where we already play a leading role is essential to us," says Statoirs Tim Dodson, a senior VP for exploration in Norway. He was commenting on two recently completed appraisal wells close to Statoil platform...

Langeled line coming together.(Sleipner)(Brief article)
July 1, 2006... Sleipner is also the starting point for the new 1,200-km Langeled subsea pipeline taking gas from the Ormen Lange field to England's east coast. The laybarge Acergy Piper (ex-LB 200) installed both sections of the line heading west from...

Gas fields set to deliver.(OFFSHORE EUROPE)(Brief article)
July 1, 2006... As UK gas prices reach new highs, operators are striving to build up supplies. Shell, for instance, is looking to commercialize two newly-discovered accumulations in southern North Sea block 49/20a, with combined in-place volumes of 3 bcm. Lucy...

Mixed results from UK wells.(OFFSHORE EUROPE)(Brief article)
July 1, 2006... According to a report from analysts Hannon Westwood, 61 exploration and appraisal wells were drilled across the UK shelf last year, plus a further 22 geological sidetracks. Based on published results, pre-drill estimates and speculation, they...

Rig migration continues.(GULF OF MEXICO)(GlobalSantaFe Corp. contracts with Saudi Arabian Oil Co. for offshore drilling platforms)(Brief article)
July 1, 2006... Four more rigs are leaving the Gulf of Mexico for higher day rates overseas, further widening the region's supply deficit. GlobalSantaFe contracted with Saudi Aramco to supply four jackup rigs for fuur-year terms offshore Saudi Arabia, with...

Deepwater discoveries.(GULF OF MEXICO)(Brief article)
July 1, 2006... Noble Energy drilled a successful well on its Raton prospect in Mississippi Canyon block 248 in 3,400 ft of water. The discovery well No. 1 was drilled to a total measured depth of 20,106 ft and encountered 90 ft of hydrocarbon pay over...

Louisiana Governor moves to block Lease Sale 200.(GULF OF MEXICO)(Kathleen Blanco )(Brief article)
July 1, 2006... Louisiana Governor Kathleen Blanco moved to block the MMS's upcoming Lease Sale 200 over insuffident OCS revenue sharing with coastal states. Blanco, in a letter to the MMS, declared the proposed western Gulf sale "inconsistent" with the...

House unanimously approves OCS energy policy.(outer continental shelf )
July 1, 2006... Representatives of the House Committee on Resources, chaired by Richard Pombo (R-California), approved the bipartisan OCS energy policy--Deep Ocean Energy Resources (DOER) Act--by a vote of 29 to 9. Coastal states also expressed their...

BHP sanctions Shenzi.(BHP Billiton Ltd. contracts with GlobalSantaFe Corp.for Shenzi field exploration)(Brief article)
July 1, 2006... BHP Billiton has approved the $4.4 billion development of the Shenzi field in Green Canyon blocks 609, 610, 653, and 654. The field will be exploited with a standalone, Moses-designed TLP supplied by Modec International, capable of...

Closed loop LNG denied.(Kathleen Blanco denies permission to McMoran Exploration Co. for offshore LNG project)(liquefied natural gas)
July 1, 2006... Louisiana Governor Kathleen Blanco blocked construction of a proposed offshore liquefied natural gas port over concerns of potential longterm adverse economic and environmental impacts. Blanco issued a letter of objection with the Maritime...

Roxar announces African deals with Vetco Gray.(SUBSEA/SURFACE SYSTEMS)
July 1, 2006... Upstream technology solutions provider Roxar has signed a Letter of Intent with Vetco Gray, one of the world's leading EPC (engineering, procurement, construction) companies, to supply subsea multiphase and wet gas meters for two offshore...

Aker Kvaerner awarded Tyrihans booster contract.(SUBSEA/SURFACE SYSTEMS)(Brief article)
July 1, 2006... Statoil has signed a letter of intent with Aker Kvaerner for the delivery of a subsea seawater injection system for the Tyrihans project in the Norwegian Sea. Aker Kvaerner says that the new generation pumps should increase oil production from...

Hallin Marine wins Asia Pacific contracts.(SUBSEA/SURFACE SYSTEMS)
July 1, 2006... Subsea support provider Hallin Marine has won two new contracts with a combined value of a minimum of $4.3 million for diving and repair services in the Asia-Pacific region. The first is a one month contract valued at $2.5 million for...

FPSO conversions.(VESSELS, RIGS, UPGRADES)(Floating Production, Storage and Offloading, Maersk Contractors)(Brief article)
July 1, 2006... Keppel Shipyard recently secured two FPSO conversion contracts--one for Maersk Contractors and another for SBM. Keppel's contracted workscope for the $60-million Maersk contract includes conversion of the 2000-built VLCC Ellen Maersk into...

Rig construction.(VESSELS, RIGS, UPGRADES)(Sevan Marine, Hantong Shipyard)(Brief article)
July 1, 2006... Keppel FEES secured a $182-million order from the Great Eastern Shipping Co. to deliver a KFELS B Class jackup drilling rig. The rig will be capable of drilling to 30,000 ft deep in 350 ft (upgradeable to 400 ft) of water. It will come...

Acergy charters.(VESSELS, RIGS, UPGRADES)(Acergy SA buids ship vessel for Dofcon ASA )(Brief article)
July 1, 2006... Acergy has entered into an agreement with Dofcon ASA for the charter of the newbuild heavy construction ship, SkandiAcergy. The vessel's eight-year charter will begin upon delivery in 2Q08. Construction of the vessel is underway at the Aker...

Transocean's semisubmersible drilling rig, Sedco 709, is transported atop Fairmount Marine's semisubmersible, Gavier Lifter, from Saldanha Bay to Cape Town, South Africa for upgrades and maintenance.(VESSELS, RIGS, UPGRADES)
July 1, 2006... [ILLUSTRATION OMITTED] Caption: Transocean's semisubmersible drilling rig, Sedco 709, is transported atop Fairmount Marine's semisubmersible, Gavier Lifter, from Saldanha Bay to Cape Town, South Africa for upgrades and maintenance....

Sevan Marine's SSP Piranema arrived at Keppel Verolme Shipyard in Rotterdam, where the outfitting and assembly of its processing plant are underway.(VESSELS, RIGS, UPGRADES)
July 1, 2006... [ILLUSTRATION OMITTED] Caption: Sevan Marine's SSP Piranema arrived at Keppel Verolme Shipyard in Rotterdam, where the outfitting and assembly of its processing plant are underway. The FPSO can process 30,000 b/d of oil and store 300 MMbbl...

Peristaltic pumping technology.(DRILLING & PRODUCTION)(Brief article)
July 1, 2006... These pumps are building a reputation throughout the petrochemical industry as the "pumps for tough applications." Chuck Treutel, marketing manager of Watson-Marlow Bredel says, "Peristaltic pumps (commonly called hose pumps or tube pumps) have...

Basic operation principle.(DRILLING & PRODUCTION)(peristaltic pump)(Brief article)
July 1, 2006... "The basic principle of a peristaltic pump is a mechanical application of 'peristalsis', a physiological term referring to the alternating contraction and relaxation of muscles around a tube (throat or intestines for example) which force...

Hose element.(DRILLING & PRODUCTION)(peristaltic technology)(Brief article)
July 1, 2006... Historically, the fundamental challenge in applying peristaltic technology to industry applications was development of a hose element to handle high pressures and flow rates of highly viscous, abrasive, and chemically aggressive fluids. "The...

Thermoplastic elastomers.(DRILLING & PRODUCTION)(Brief article)
July 1, 2006... Chuck says, "Hydrocarbons and oil products are problematic and difficult to handle using rubber materials. NBR and CSM could be used if only traces of petrochemical product are present; however, the hose is still likely to be attacked by the...

Applications.(DRILLING & PRODUCTION)
July 1, 2006... Chuck explains that many companies use organic solvents to make aerosol spray paints, wall paints, lacquers, paint strippers, adhesives, printing ink, spot removers, cosmetics, perfumes and antifreeze products. The ability to handle oil,...

Saudi Aramco says technology boosts drilling accuracy.(GEOSCIENCES)(Saudi Arabian Oil Co.)
July 1, 2006... Saudi Aramco says a new patent-pending technology it developed will both increase drilling accuracy and cut drilling costs for E&P companies around the world. The GeoMorph technology, developed jointly by Saudi Aramco's Roger Sung of the...

Primeline begins East China Sea 3D survey.(GEOSCIENCES)(Primeline Energy)(Brief article)
July 1, 2006... Primeline Energy has begun a 3D seismic survey in Block 25/34 in the East China Sea. Following the signing of the geophysical service contract in May, the vessel Binhai 512 arrived on location, after mitigating the delays caused by the...

Rockhopper upbeat about Falklands survey.(GEOSCIENCES)(Rockhopper Exploration Plc.)(Brief article)
July 1, 2006... Rockhopper Exploration Plc., an oil and gas exploration company focused on the North Falkland basin, has completed its Falklands 2D seismic survey and will begin a 3D survey, the company says. "A 2D program has been completed on licenses...

2010 target looms: Drive for self-sufficiency pushes action offshore Brazil.(BRAZIL)
July 1, 2006... The pace of oil and gas operations offshore Brazil is going to be rapid for some time to come if it is to reach and maintain its target of petroleum self-sufficiency by 2010. The job of leading the way falls to state-owned Petrobras, but...

Devon pushes Polvo development at record pace for Brazil: Shallow-water project includes several innovations.(BRAZIL)(Devon Energy Corp.)
July 1, 2006... Devon Energy's Polvo field in the Campos basin is progressing at a rate which could make it the quickest such project from discovery to first production in Brazil's oil and gas history. The current schedule calls for three years from discovery,...

Trinidad & Tobago exploration activities abound.(SPECIAL REPORT)(Petrotrin)(BHP Billiton Ltd.)(BG PLC)
July 1, 2006... Anyone who was around to observe Trinidad & Tobago's offshore hydrocarbon exploration activities in 1954 would most likely not recognize the place in 2006. In the past 52 years, E&P activities have shifted from the production of oil from the...

MODU construction boom continues: rig demand will exceed supply beyond 2008.(offshore drilling units were under construction)
July 1, 2006... As of late June 2006, 91 mobile offshore drilling units were under construction or on order worldwide, and another 46 were in shipyards or being readied for upgrades and rebuildings of varying magnitudes. Thirty-six of the rigs under...

Tracking offshore assets via an improved technology: RFID provides quick, complete asset tracking.(DRILLING & COMPLETION)(radio frequency identification, Fitiri)(Editorial)
July 1, 2006... For any E&P player with equipment working offshore, the need to know both the location and condition of each asset at any given time is critical. In today's climate of high day rates for drilling and other support services, a company must have...

New sensor the key: improving drilling efficiency and avoiding torsional vibration downhole failures.(DRILLING & COMPLETION)
July 1, 2006... A new downhole torsional vibration sensor built into a rotary steerable system provides a monitoring system for improving drilling efficiency and avoiding downhole failures related to torsional vibration. The advantage of Halliburton's new...

Steel wires set records in deepwater: lowering capacities of 1,000 metric tons in 3,000 m of water is economically feasible.(SUBSEA)
July 1, 2006... A new record for installing heavy structures in deepwater for Heerema Marine Contractors (HMC) shows that lowering capacities of 1,000 metric tons in 3,000 m of water may be here soon. With upgrades and combinations of hoisting systems now...

Evolution of subsea well system technology.(SUBSEA)
July 1, 2006... Industry develops production technology to follow where the explorer leads. In its methodical manner, the oil industry moved from land operations to inland waterways and then to offshore, with surface-piercing platforms in increasing water...

Subsea architecture: the next generation: integrated systems approach required.(SUBSEA)
July 1, 2006... Deepwater production has been an enormous technical and commercial challenge over the past few years, and a variety of solutions have been developed. One focus has been to extend tieback distance. This primarily is governed by flow...

Trials confirm superior stress-resistance qualities of HIP steel.(POWDER METALLURGY)(hot isostatic pressing)
July 1, 2006... Tests commissioned by Metso Powdermet indicate that duplex steel subsea structures fabricated using hot isostatic pressing exhibit stronger resistance to hydrogen-induced stress cracking. Comparative studies with conventionally forged...

Standardized Atex-compliant lifts for hazardous environments.(ELEVATORS)
July 1, 2006... A 'standard build' explosion protected lift has been introduced by Alimak for hazardous area offshore applications. The new Alimak SE-Ex range complies with ATEX (Europe) and NEC (USA) regulations, offering protection in Zone 1 or 2, Gas...

Deepwater semi provides high deck load in harsh environments.(DEEPWATER DRILLING)(Seadrill)
July 1, 2006... Norwegian drilling contractors Seadrill and Odfjell have signed up for three GVA 7500 semi-submersibles, a new design by GVA Consultants for ultra-deepwater, harsh environments. Negotiations are also advanced with another contractor for a...

Record distance platform-shore power supply aids Valhall redevelopment.(POWER GENERATION)
July 1, 2006... BP is to use ABB's High Voltage Direct Current (HVDC) Light technology in the redevelopment of the Valhall Field in the Norwegian sector. Under a contract worth $50 million, ABB Power Technologies will supply the converter stations to enable...

Laser hybrid process improves welding speed, penetration.(laser hybrid welding has great potential)
July 1, 2006... Combining laser welding with arc welding to create laser hybrid welding provides major improvements for offshore users, according to Esab. Laser welding can achieve high speeds of 5-6m a minute, but can only handle small gaps--up to around...

Survey tool cuts drillstring trip-out times.(Stockholm Precision Tools)(battery-powered tool is an inclinometer )
July 1, 2006... Stockholm Precision Tools (SPT) has launched the latest generation of its north-seeking gyroscopic survey tool for the oil and gas and mining sectors. The SPT 007-42 MIG provides improved measurement accuracy and user-friendliness, according to...

Lube/hydraulic oil cleaning technique brings savings.(capillary technique)
July 1, 2006... Europafilter's cleaning systems for hydraulic and lubricating oils have had a very positive impact at Statoil's Kollsnes gas terminal, dramatically reducing the cost of oil changes and improving the mechanical and environmental performance of...

Cable reel specialist focusing on increased load capacity.(SUBSEA INSTALLATIONS)
July 1, 2006... Svenssons Wire and Cable Packaging aims to supply umbilical and power cable reels for all offshore requirements. Among the company's recent and current references are BP's Thunder Horse project in the Gulf of Mexico, Statoil's Snohvit in the...

Trelleborg/CRP merger creates leader in offshore polymer/buoyancy systems.(RUBBER/POLYMER DEVELOPMENTS)
July 1, 2006... Trelleborg Engineered Systems, which supplies products and services to the offshore sector based on its polymer rubber technology, has extended its expertise and product line through the acquisition of the CRP group. Oil and gas related...

Program eases access to project data.(ENGINEERING/PROJECT SOFTWARE)
July 1, 2006... AIQUE's SiteBase program, an integrated project system for the process industries, has found good acceptance in Sweden since its launch ten years ago. It was originally developed for in-house use by the company's owner, the engineering...

LED work lights adapted for improved vision.(TASK LIGHTING)(light emitting diode)
July 1, 2006... Sunnex, a lighting supplier for marine and industrial use, will shortly introduce a new range of light emitting diode (LED) task lights. According to Torbjorn Persson, director of sales and marketing, LED technology offers numerous...

Mechanical seals protect record-depth multiphase pumps.(SEALING TECHNOLOGY)
July 1, 2006... Huhnseal is supplying mechanical seals for the multiphase booster pumps to be installed on BP's King field in the Gulf of Mexico. The reference is a groundbreaking one, as the installation depth for the equipment, at 1,645m, will be the deepest...

Non-intrusive tank gauging system proving worth on FPSOs.(TANK GAUGES)
July 1, 2006... Unprecedented activity in FPSO and FSO projects has boosted demand for Saab Rosemount Marine's tank gauging systems. Even before mid-year, the company had booked seven deliveries of its Saab TankRadar STaR system. The latest order is for...

Improved pollution control off eastern Canada.(Transport Canada uses Swedish Space Corp.'s MSS 6000 maritime surveillance system)
July 1, 2006... Recently, Swedish Space Corp. (SSC) delivered its first MSS 6000 maritime surveillance system to Transport Canada, reports Christer Colliander, project manager for airborne systems. SSC will also assist with installation of the equipment on a...

Wood Group ESP.(Gary Ford appointed as president and chief operating officer)(Brief article)
July 1, 2006... Wood Group ESP, a subsidiary of John Wood Group PLC, has appointed Gary Ford president and chief operating officer. Ford succeeds Joe Brady, who will continue to serve as chairman and CEO of Wood Group ESP. Ford has more than 20 years of...

Peak Group.(Tom Conlon appointed as operations manager )(Brief article)
July 1, 2006... The Peak Group, a global provider of well construction services, has appointed Tom Conlon operations manager for its Dubai office. In this role, Conlon will oversee the planning and execution of The Peak Group's growing well management business...

PSL Energy Services Ltd.(Kevin Strachan appointed as business development manager)(Brief article)
July 1, 2006... PSL Energy Services Ltd. has appointed Kevin Strachan as business development manager responsible for process services. Strachan, who has a strong technical background in Strachan bolting, flange management, and joint integrity, joins from...

ABS.(Robert E. Kramek retires)(Christopher J. Wiernicki becomes president and chied financial officer)(Brief article)
July 1, 2006... ABS has announced that Admiral Robert E. Kramek, president and COO of ABS, will retire effective Dec. 31, 2006, and be replaced by Christopher J. Wiernicki, currently Kramek president and COO of ABS Europe. Wiernicki, a 13-year veteran of ABS,...

Houston-based Anadarko Petroleum Corp. has purchased Kerr-McGee Corp. and Western Gas Resources Inc. for a total of nearly $21 billion in cash.(Companies)(Brief article)
July 1, 2006... Houston-based Anadarko Petroleum Corp. has purchased Kerr-McGee Corp. and Western Gas Resources Inc. for a total of nearly $21 billion in cash. Anadarko views the two separate deals as a way to boost its North American output of gas and to more...

K-TEK LLC, a manufacturer of liquid and solids level instrumentation, has acquired BETA B.V, a company of the Binder Group, which focuses on manufacturing pressure and temperature switches.(Companies)(Brief article)
July 1, 2006... K-TEK LLC, a manufacturer of liquid and solids level instrumentation, has acquired BETA B.V, a company of the Binder Group, which focuses on manufacturing pressure and temperature switches. BETA, in the Netherlands, operates throughout Europe,...

Derrick Services Ltd. has acquired Offshore Handling Systems Inc. (OHS) of Houston for an undisclosed sum.(Companies)
July 1, 2006... Derrick Services Ltd. has acquired Offshore Handling Systems Inc. (OHS) of Houston for an undisclosed sum. OHS manufacturers pipe, BOP and riser handling & lifting systems, and has a track record in the offshore industry. Derrick Services Owner...

Greig Filters.(Companies)
July 1, 2006... Greig Filters of Lafayette, Louisiana, has completed 2--1000 de filter packages for a Nigerian customer. The units include 1000 sq ft de filter, 60 cartridge filter, 80 hp centrifugal pump, and blender. Operating rates of 10-15 b/m are...

Excel Engineering.(Companies)(Brief article)
July 1, 2006... Houston-based Excel Engineering has completed engineering and detailed design and engineering services for Devon's Polvo Development project in block BM-C-8, Campos basin, offshore Brazil. Excel performed design work for all aspects of the...

The Bayou Cos.(Companies)(Brief article)
July 1, 2006... The Bayou Cos. recently held a groundbreaking ceremony for an $8-million, 50,000-sq-ft Fusion Bonded Epoxy pipe coating plant at the port of Iberia in New Iberia, Louisiana. The new plant floor will be 11 ft above sea level and is designed...

Whose industry is it? Time to collaborate.(BEYOND THE HORIZON)
July 1, 2006... Who does this industry belong to? Over years of boom and bust cycles I have come to realize a truism, "Things belong to those who take care of them." Ownership is not claimed by those intent on making a quick turn-around financial gain, or...