Oil States Names New Board Chairman To Replace Mark Papa
Oil States named Robert Potter, retired FMC president, as its new chairman following the resignation of its former chairman and shale pioneer, Mark G. Papa.
Trading Firm Trafigura Looks To Build US Deep Water Oil Port
Global commodities trader Trafigura has applied to build a deep water port in Texas that will be able to load supertankers, the company said on Aug. 6, supplying badly needed oil export infrastructure to the country.
Shell Awards GoM Contract To McDermott
The contract award is reflected in McDermott’s second-quarter 2018 backlog.
Schlumberger Adds Shale Pioneer Mark Papa To Board
Mark Papa's appointment comes just a few months after Helge Lund, former CEO of BG Group and Statoil, resigned from the Schlumberger board in April to become chairman of BP.
Oranje-Nassau Energie Resources Extends Petrofac Contract
Petrofac’s Engineering & Production Services business has secured a five-year renewal on its duty holder support services contract with Oranje-Nassau Energie Resources Ltd. (ONE).
Subsea 7 Wins Contract Offshore UK
Subsea 7 has been awarded a contract by Nexen as part of the Buzzard Phase 2 Project, located about 55 km (34 miles) off the northeast coast of Scotland.
Permian Sand Demand
As operators in the Permian Basin push the envelope on lateral lengths and completion intensity, sand rises as both a star player and potential bottleneck.
McDermott Wins EPCI Subsea Tieback Contract For Ayatsil Offshore Mexico
The contract, which is reflected in McDermott’s second-quarter 2018 backlog, is valued at between US$1 million and $50 million.
Frack Sand Producer U.S. Silica’s Profit Misses On Higher Expenses
U.S. Silica Holdings Inc.’s (NYSE: SLCA) quarterly profit missed analysts’ estimates on July 31 as its operating expenses nearly doubled.
Weatherford Posts Smaller-than-expected Loss On Higher Drilling
Weatherford said total revenue from operations in the U.S., Latin America and Canada rose 13% to $769 million in the second quarter.