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Mustang Invests In Saudi Arabian Engineering Business
8/31/2009
Mustang International, LP, part of international energy services company John Wood Group PLC ('Wood Group'), has agreed to acquire a majority interest in Al-Hejailan Consultants' business through a newly established joint venture, Mustang Al-Hejailan Engineering
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Oil Speculators Dominate Open Interest In Oil Futures
8/31/2009
A new policy paper by Rice University’s Baker Institute for Public Policy shows a clear increase in the size and influence of noncommercial traders, or “speculators,” in the oil futures market since regulations were eased by the Commodities Futures Modernization Act of 2000.
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Emerson Introduces First System For Measuring Vapor Recovered From Light Hydrocarbons In Custody Transfer Applications
8/24/2009
Emerson Process Management expands preset controller capabilities with the introduction of the first vapor recovery measurement technology designed to resolve batch control requirements for liquid custody transfer applications
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Honeywell Introduces ISA100.11a-Ready Wireless Radar Gauge
8/17/2009
Honeywell recently released the first ISA100.11a-ready wireless radar gauge that helps process manufacturers monitor tank levels and prevent hazardous incidents in their plants and terminals
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Paradigm Extends Investment In InnoCentive-Based Research
8/12/2009
Paradigm, a leading provider of enterprise software solutions to the global oil and natural gas exploration and production (E&P) industry, announced recently that it has posted a third Challenge to the InnoCentive open innovation marketplace
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Chart Energy & Chemicals And Toyo Engineering Corporation Sign Mid-Scale LNG Liquefaction Technology And Equipment Supply Agreement
8/4/2009
Chart Industries, Inc. (Nasdaq:GTLS) announced that its wholly-owned subsidiary, Chart Energy & Chemicals, Inc. ("Chart E&C"), has signed a cooperation agreement with Toyo Engineering Corporation ("TOYO") of Japan to jointly pursue certain mid-scale liquefied natural gas (LNG) opportunities
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Additional PinPoint System Installed On High Consequence Pipeline - Sour Gas Pipeline With Pitting Corrosion Utilizes PinPoint
7/27/2009
Fiber Optic Systems Technology, Inc., a developer and manufacturer of patented non-intrusive sensing systems, recently announced the sale and installation of another PinPoint Remote Monitoring Station (RMS) to an independent oil & gas exploration, production and operating company
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Invensys Operations Management Selects PAS Integrity Software For Worldwide Project Delivery
7/20/2009
Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, and PAS have reached a definitive agreement to use PAS’ Integrity Automation Genome Mapping software to facilitate automation system deliveries worldwide
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Global Market For Energy Harvesting Technologies To Exceed $4B By 2019
7/17/2009
Energy Harvesting is a wide platform of enabling technologies applicable to those involved in consumer electronics, military, aerospace, healthcare, oil and gas, construction, transport and many more verticals. Also known as power harvesting or energy scavenging, it is the process by which ambient energy is captured, converted into electricity for small autonomous devices, such as satellites, laptops and nodes in sensor networks making them self-sufficient
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World's First Circular Ultra-Deep-Water Drilling Rig To Be Delivered To DNV Class
7/13/2009
A new milestone has been reached in the offshore drilling industry. The first circular drilling rig prepared for drilling at a water depth of almost 4,200 metres was named at COSCO Shipyard Group's Qidong Shipyard on June 28