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Last updated on April 20, 2014 at 21:20 EDT

Latest oil wells Stories

2013-08-02 12:22:22

DUBLIN, August 2, 2013 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/j92jqs/coiled_tubing) have announced the addition of the "Coiled Tubing Market by Services, Active Fleet & Geography - Global Trends & Forecasts to 2018" [http://www.researchandmarkets.com/research/j92jqs/coiled_tubing ] report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) The market data is available from 2011 to...

2013-08-01 16:23:05

GoMRI funding is building research capacity in Gulf of Mexico RESTON, Va., Aug. 1, 2013 /PRNewswire-USNewswire/ -- Gulf of Mexico Research Initiative (GoMRI) funded researchers jumped into action after learning of a tragedy aboard the natural gas drilling rig, Hercules 252. The GoMRI scientists quickly gathered to develop a plan to collect environmental samples near and at the site of the Hercules, which caught fire on July 23, 2013 as it was drilling approximately 55 miles off...

2013-07-26 08:22:27

HOUSTON, July 26, 2013 /PRNewswire/-- FMC Technologies, Inc. (NYSE: FTI) announced today that it has been awarded a contract by Petrobras (NYSE: PBR, PBRA) to supply three subsea boosting stations for the Parque das Baleias development, located offshore Brazil's Espirito Santo state in the Campos Basin. The contract has an estimated value of $40 million. "The Horizontal Boosting Station for the Parque das Baleias project is FMC Technologies' third implementation of this type of...

2013-07-25 23:00:06

“Coiled Tubing Market by Services [Well Intervention (Well Completion & Well Cleaning) & Drilling], Active Fleet & By Geography - Global Trends & Forecasts to 2018” is the new market research report added to ReportsnReports.com store. Dallas, Texas (PRWEB) July 26, 2013 The global market for coiled tubing in terms of revenue is estimated to grow at a CAGR of 7.0% from 2013 to 2018 and reach over $ 4.0 billion. North America is the dominant market by value in 2012 and...

2013-07-22 00:20:14

TULSA, Okla., July 21, 2013 /PRNewswire/ -- Summit ESP has named John Hedges as Director Southern USA. Hedges will be responsible for the company's business throughout the Permian and neighboring areas. With 20 years of experience, Hedges brings to Summit ESP senior management experience in the oil and gas industry, all of which has been in the artificial lift business. Recently, Hedges was the Canadian region business leader - GE Oil & Gas Artificial Lift. In this position...

2013-07-18 23:04:59

“Well Intervention Market, by Service Types (Logging & Bottom Hole Survey, Tubing/Packer Failure & Repair, Stimulation, Artificial Lift, Others), Application Areas (Onshore & Offshore), and Geography - Global Trends & Forecast To 2018” is the new market research report added to ReportsnReports.com store. Dallas, Texas (PRWEB) July 18, 2013 The report covers the global well intervention services market which includes different types of well intervention services, their...

2013-07-08 08:22:03

CAMBRIDGE, Mass., July 8, 2013 /PRNewswire/ -- Intervale Capital ("Intervale") has acquired Milam Tool Company ("Milam"). Founded over 27 years ago, Milam is a pioneer in the development and commercialization of solid-body centralizers for horizontal well applications. Headquartered in Oklahoma City, Milam has built a premium brand in casing centralization with its commitment to innovation, customer service and on-time delivery. Intervale is a private equity firm which invests...

2013-07-03 08:21:31

HOUSTON, July 3, 2013 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Petrobras (NYSE: PBR, PBRA), Brazil's national oil company, for the supply of subsea trees for its pre-salt fields, located offshore Brazil. The value of the award is estimated at $500 million and represents the call-off of the remaining value of the $1.5 billion agreement announced in March of 2012. The order includes 49 subsea trees, tooling, and associated...

2013-06-25 08:22:42

HOUSTON, June 25, 2013 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Total Upstream Nigeria Ltd. for subsea equipment for the Egina field. The award has an estimated value of $1.2 billion. The Egina field is located in Block OML 130 offshore Nigeria. FMC Technologies' scope of supply includes subsea trees and wellheads, manifolds, installation tooling, flowline connection systems, and associated control systems. The equipment is...

2013-06-20 16:22:30

HOUSTON, June 20, 2013 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:OII) announced today that it has entered into a three-year charter for use of the Normand Flower, a multi-service subsea support vessel owned by Solstad Offshore ASA. The charter term is expected to commence during the fourth quarter of 2013 upon arrival of the vessel for work in the Gulf of Mexico (GOM). Prior to commencement of the charter, the Normand Flower will undergo modifications to enhance its project...