US-based Endeavour International is seeking bankruptcy protection after agreeing a restructuring agreement with some creditors. The company’s debt totals about US$1.2 billion, according to Chapter 11 papers filed in US Bankruptcy Court in Wilmington…
Solar power generation gained some more strength using devices made with polymers. This solar cell consists of a new polymer, called PID2, which was developed in the laboratory of Luping Yu. From Andrew Nelles…
TGS-NOPEC Geophysical Co. AS has commenced a new seismic survey —Declaration— in the Central Gulf of Mexico, expanding its Constitution group of WAZ 3D projects. The Declaration survey will cover 6061sq km (260 OCS blocks) in the Mississippi Canyon and Viosca Knoll areas…
Refinery safety remains paramount as production continues its upward swing as equipment and people end up pressed to increase a facility’s capabilities. It is no secret with new technologies for fracking and drilling that are giving a…
Other than the idea of keeping operators safe, Formula One racing has quite a bit in common with the manufacturing automation industry. As an automaker first focused on Formula One and now on other industries like energy, health and wellness…
According to officials, the offshore drilling industry needs to develop a comprehensive public database to help improve safety and prevent spills in federal waters. “Currently individual operators are collecting a lot of the data we need to properly assess risk…
One contractor died and two others suffered injuries 13 September while conducting maintenance on a Chevron natural gas pipeline off the Louisiana coast. From Chevron. The contractor…
Oil and gas continues to be a hotbed of activity when it comes to automation and that also means security is top of mind. When it comes to designing a network diagram for any kind of oil and gas environment, everyone has to understand…
The Houston Technology Center (HTC) will hold its Deepwater Technology Symposium on 23 October from 7-10am at its main campus, located at 410 Pierce St. in Houston. During the three-part symposium, four speakers will discuss technology…
VAM USA celebrated its 30th anniversary on 9 October. The company hosted a gathering at its Houston headquarters to mark the event. Among the participants were customers, the board members from Vallourec, NSSMC and Sumitomo Corporation, the group’s North American leadership…
Marine Contracting's Houston outfit towed LLOG Exploration’s Delta House semisubmersible floating production system (FPS) to its operating site located in Mississippi Canyon 254 in the Gulf of Mexico. LLOG Delta House…
ENI-owned Saipem, UK-based Xodus Group and Japan's Chiyoda Corporation have joined forces to create a new joint venture, Xodus Subsea, focusing on subsea engineering. Xodus Subsea - which will stand alone from the three companies with its own resources and assets - will provide studies…
Houston-based exploration and production independent Endeavour International appointed a consultancy firm and recruited a chief restructuring officer. The firm, which has assets in the US and North Sea, has been struggling with debt and…
Stone Energy Corp. contracted the ENSCO 8503 dynamically-positioned deepwater drilling rig for Stone Energy's multi-year drilling program in the Gulf of Mexico. The 30-month contract will commence during 2Q 2015 at a rate of approximately US$350…
Geoscience firm Benthic relocated its company headquarters to its new technology center in Houston on 29 September. The facility, which contains 13,410sq ft of office space and 17,840sq ft of warehouse space, is located in Hammerly Business…