Offshore Decommissioning: Is California The Next Hot Market? Offshore Decommissioning: Is California The Next Hot Market? May 30, 2013 With a finite number of platforms in the Gulf of Mexico (GoM), companies should look to California as the next promising US offshore decommissioning market, an expert has…
Greenback Powers Higher on Energy Boom Greenback Powers Higher on Energy Boom March 22, 2013 Through all the static of the global economy, one constant has held true for the past decade: the U.S. dollar has been a counter-cyclical safe haven, an energy boom. It…
Energy Boom Dawning in America Energy Boom Dawning in America March 25, 2013 Randy Foutch calls it a renaissance, but when you listen to the veteran Texas oilman and others describe America’s nascent energy boom, it sounds more like a miracle. Politicians…
Regulation and Policy Regulation and Policy March 26, 2013 “the essential elements of well integrity go beyond the actual hardware itself. It covers procedures, human factors, people’s understanding, training” offshore decommissioning Describing the evolving concern over HPHT well…
MARKET WATCH: Economic indicators boost oil prices MARKET WATCH: Economic indicators boost oil prices April 8, 2013 Oil prices increased Mar. 26 with crude up 1.4% to its highest close in a month on the New York market, buoyed by improved US economic data and…
Foreign investors play large role in U.S. shale industry Foreign investors play large role in U.S. shale industry April 22, 2013 In early 2013, Sinochem, a Chinese company, entered into a $1.7 billion joint venture with Pioneer Natural Resources to acquire a stake in the Wolfcamp Shale play in West Texas. This investment highlights…
New emissions standards would fuel shift from coal to natural gas New emissions standards would fuel shift from coal to natural gas April 19, 2013 The cost of complying with tougher Environmental Protection Agency air-quality standards with portable tooling solutions could spur an increased shift away from coal and toward natural gas for electricity…
Poll Shows Some Manufacturing Execs Anticipating Expansion Poll Shows Some Manufacturing Execs Anticipating Expansion April 18, 2013 Great article regarding the economic situation of manufacturing and how Mactech is experiencing growth for on-site repairs by zigging while others are zagging. Agility is a strong asset…
API, BSEE release new standards, rules API, BSEE release new standards, rules April 17, 2013 The American Petroleum Institute and the US Bureau of Safety and Environmental Enforcement both have issued new standards and rules that affect operations in the Gulf of Mexico…