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Federal Reserve Bank of Dallas: Texas oil sector contracting amid ‘challenging’ conditions

Federal Reserve Bank of Dallas: Texas oil sector contracting amid ‘challenging’ conditions

Energy sector activity dipped again in the fourth quarter, according to executives responding to the Federal Reserve Bank of Dallas Energy Survey. The Federal Reserve Bank of Dallas has appointed Von Washington to its El Paso Branch board of directors. The Federal Reserve Board of Governors has appointed Claudia Aguirre of Houston to the Federal...

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C-Innovation selects Magma composite jumpers for Gulf of Mexico intervention projects

C-Innovation selects Magma composite jumpers for Gulf of Mexico intervention projects

Magma Global has been selected by C-Innovation to supply m-pipe thermoplastic composite subsea jumpers for flowline intervention in the Gulf of Mexico. C-Innovation, an affiliate of Edison Chouest Offshore (ECO) and its family of companies. The contract encompasses subsea construction, inspection, maintenance and repair (IMR) and logistics services. FMC Technologies has delivered seventh UHD-III remotely...

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Enpro Subsea completes latest subsea enhanced production campaign in Ghana

Enpro Subsea completes latest subsea enhanced production campaign in Ghana

Enpro Subsea has recently completed another two successful subsea hydraulic intervention campaigns for two operators in West Africa. Enpro Subsea has reached a Master Services Agreement (MSA) with Kosmos Energy aimed. Enpro Subsea has welcomed a new senior advisor to bolster the strategic team in the Americas. Operations were conducted from a single Multi Services...

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Chevron’s buyer for UK fields seek funds from commodity traders

Chevron’s buyer for UK fields seek funds from commodity traders

A unit of Delek Group Ltd. is seeking alternative means of financing to complete its $2 billion. Chevron Corporation announced that it has signed a Share Purchase agreement. Company announced a 2019 organic capital and exploratory spending program of $20 billion. The acquisition of some of Chevron Corp.’s North Sea oil and gas assets after...

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Chevron CEO Mike Wirth praises Texas, bemoans California home

Chevron CEO Mike Wirth praises Texas, bemoans California home

Chevron may be based in California, but CEO Mike Wirth had little praise for the state as he lauded the Texas business environment. The Supreme Court of Canada has rejected a request to review a decision of the Court. Chevron Corporation has established new goals to reduce net greenhouse gas (GHG) emission intensity. In the...

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Rockwell Automation, Schlumberger form industry’s first integrated automation solutions provider

Rockwell Automation, Schlumberger form industry’s first integrated automation solutions provider

Rockwell Automation and Schlumberger announced the closing of their previously-announced joint venture. The oil and gas industry’s first digitally enabled, integrated automation solutions provider. Rockwell Automation Inc announces senior leadership transition to be effective November 1. Transaction Expands Rockwell’s Consulting and Systems Integration Scale in Fast Growing Industrial Transformation market. Automation Fair will feature more...

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Schlumberger and TIBCO collaborate to provide advanced analytics in the DELFI environment

Schlumberger and TIBCO collaborate to provide advanced analytics in the DELFI environment

Schlumberger announced the integration of industry-leading TIBCO Spotfire and TIBCO Data Virtualization technologies. Company announced the expiration of the previously announced cash tender offer by Schlumberger Holdings Corporation. Schlumberger announced its biennial event, the SIS Global Forum 2019, has surpassed expectations. The collaboration will augment Schlumberger domain science applications with new analytics capabilities. The Ora...

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Acteon acquires Proserv’s field technology services, survey businesses

Acteon acquires Proserv’s field technology services, survey businesses

Acteon is adding subsea cutting expertise to its Claxton brand. Acteon has announced the start-up of Clarus Subsea Integrity Inc. UTEC, a global surveying company in subsea services group Acteon has appointed Jon Beatty. Subsea services group Acteon has enhanced its capabilities in the provision of temporary. Acteon Group Ltd has acquired subsea corrosion specialist...

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Saudi Taqa has purchased Schlumberger’s Middle Eastern drilling business for $1.2 billion

Saudi Taqa has purchased Schlumberger’s Middle Eastern drilling business for $1.2 billion

A Saudi Arabian oilfield services company backed by the country’s sovereign wealth. Schlumberger announced the early participation results of a private offer. The offer is referred to herein as the “Exchange Offer”. Schlumberger company has been awarded an engineering, procurement and construction (EPC). Schlumberger Limited will hold a conference call soon. Schlumberger introduced Concert well...

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Texas oil production fell in January as pipeline bottlenecks prompted cut backs

Texas oil production fell in January as pipeline bottlenecks prompted cut backs

The decline pushed overall U.S. production lower by 90,000 bopd. A master artist son of Ukrainian immigrants spends his weekends teaching his apprentice. The Houston Chronicle reports Muslim families pulling into the MAS Katy Center. Attorney General Ken Paxton announced the investigation in a letter to San Antonio officials. A Texas retailer of now-banned bump...

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