July 2012
News & Resources

Companies in the news

Companies in the news

Vol. 233 No. 7

 

COMPANIES IN THE NEWS


EDITORIAL@WORLDOIL.COM

 

ExxonMobil said that it will expand the size of its campus under construction in Houston to accommodate additional employees from the immediate area, as well as from company locations in Fairfax, Va., and Akron, Ohio. The affected companies include the Fairfax offices of ExxonMobil’s Refining and Supply Company; ExxonMobil Research and Engineering Company; ExxonMobil Fuels, Lubricants & Specialties Marketing Company; the Akron-based employees of ExxonMobil Chemical Company; and select positions from ExxonMobil Research and Engineering Company and ExxonMobil Chemical Company now located at the Baytown refinery complex outside of Houston.


Cactus Wellhead has opened a new sales and service center in DuBois, Pennsylvania. The 20,000-sq-ft building was built specifically for the storage, assembly and testing of wellhead equipment, including the safe handling of large-bore frac stacks that are considered the norm for multi-stage hydraulic fracturing operations. Cactus has also acquired Bossier City, La.-based True Turn Machine. As an API-6A licensee, True Turn Machine manufactures, remanufactures and repairs wellhead and christmas tree equipmen


Well flow management company Expro has secured a subsea services contract in the Gulf of Mexico with Chevron U.S.A. Inc. The scope of work involves providing two 15-ksi-rated auxiliary strings complete with direct hydraulic umbilicals and reelers for tubing hanger operations, for two projects in the deepwater Gulf of Mexico.  The contract will run for an estimated three years, with the possibility of an extension.


FlexSteel Pipeline Technologies has opened its new 280,000-sq-ft manufacturing facility located in Baytown, Texas. The facility will increase FlexSteel’s capacity by 300% to support the growing demand for their product and further meet the needs of existing customers. The new facility boasts state-of-the-art technology and equipment as well as an extensive research and development lab. The new location is also equipped to manufacture FlexSteel’s new 8-in.-diameter pipe, expected to reach markets in fourth-quarter 2012. The 8-in. product launch will be the largest diameter reinforced flexible pipe available in the onshore oil and gas industry and deliver value to existing and prospective customers.


ABCO Subsea has acquired MPV Corp., which designed the first multi-input shuttle valves for the offshore industry more than 30 years ago. With this acquisition, ABCO has become the second-biggest provider of BOP shuttle valves to the offshore engineering industry, behind only Gilmore. Both companies are based in Houston.


The Irish Commission for Energy Regulation (CER) has selected GL Noble Denton to support detailed development of the new Petroleum Safety Framework for Ireland. Legislation passed in 2010 gives the CER the responsibility for developing a Petroleum Safety Framework. The framework will be based on the CER’s approval of safety cases, which demonstrate how petroleum undertakings will ensure that the risk associated with their operations is reduced to as low as reasonably practicable (ALARP). The framework will apply to drilling, production and other operations, both on- and offshore.


TAM International Inc. has opened its new Canadian regional headquarters, housing a manufacturing, service and training facility in Calgary, Alberta. The new facility will double TAM’s manufacturing capabilities, and allow the company to provide tool repair and redressing services on a larger scale. 


Jebsen & Jessen Group of Companies South East Asia (JJSEA) announced its entry into the offshore and marine sector, having signed a purchase-and-sale agreement to acquire 100% of Halcyon Offshore Ltd. This acquisition is the latest step in JJSEA’s ambitious expansion strategy in the region. Offshore and Marine Services will become JJSEA’s eighth business unit.


Paradigm announced that after a competitive evaluation, Cairn Energy has chosen the Paradigm interpretation toolkit as its next-generation 2D and 3D seismic interpretation solution. Cairn will use the system to interpret new 3D surveys acquired last year offshore Greenland.


Pressure Dynamics has been awarded, by FMC Technologies, the contract to design and manufacture the subsea control system’s Production Hydraulic Power Unit (PHPU) for Shell’s new Prelude gas field, as part of the world’s largest floating offshore facility. FMC Technologies’ Asia-Pacific operations is executing the subsea phase of the engineering, procurements and construction (EPC) project for Shell Development Australia, operator of Prelude, and is responsible for the supply of entire subsea production, distribution and topside control systems. Discovered in 2007, Prelude gas field is in the Browse basin, 475 km (295 mi) north-northeast of Broome, Western Australia, and lies in water depths of about 250 m (820 ft).


Seatronics, an Acteon company, has continued its three-year expansion plan by opening a new office in Macaé, Rio de Janeiro, Brazil. With established bases in Aberdeen, Abu Dhabi, Houston, Louisiana, Perth and Singapore, the new office will mean a faster response time and better accessibility to other survey companies in the region. Seatronics has agreements with CodaOctopus, Valeport, Marine Magnetics, Predator ROV, Cooper Interconnect, BlueView, Zetechtics, Tritex NDT, J2 Engineering Services, Oceaneering, Global Marine, Seacon and Bowtech.


Octio, a solution provider of Permanent Oilfield Monitoring (POM), has announced a formalized partnership with Siemens in Permanent Reservoir Monitoring (PRM). Under the partnership, the two parties offer complete PRM solutions to customers on a global basis.


American Pollution Control Corp. (AMPOL), a leading oil spill response and total environmental solutions provider, has been selected by the National Response Corporation (NRC) to store and maintain a large stock of NRC Emergency Response Equipment. Previously owned by Seacor Marine, NRC was purchased by an investment company and subsequently in need of a place to relocate its equipment. NRC chose to house its equipment in AMPOL’s New Iberia, La., facility, increasing AMPOL’s emergency response equipment inventory to one of the largest stored in the South and maintained by a privately held company.


INOVA Geophysical announced that Tesla Exploration Ltd. has purchased 10,000 three-channel stations (30,000 channels) of its cable-less Hawk autonomous nodal system. The initial shipment of 18,000 channels is being deployed immediately to a project in the Marcellus shale of West Virginia. The balance of 12,000 channels will be delivered to Tesla by June 15, 2012.

 


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