Testing page for app

McDermott’s board of directors rejected an acquisition offer from Subsea 7, which called for McDermott to abandon its planned $6-billion combination with CB&I. McDermott’s special meeting of stockholders, which was scheduled earlier to address the CB&I deal, will be held on 2 May.

Climate change has brought the oil industry face-to-face with the enormous challenge of providing the world with a source of efficient and reliable energy while at the same time ensuring that CO2 emissions are mitigated.

Scheduled for 2020 startups, the Alligin and Vorlich Fields are expected to produce 30,000 gross BOE/D.

Prompted by concerns about possible leaching from phenolic novolac resin-coated proppants (RCPs) during operations, Fairmount Santrol conducted analysis that showed no leaching of free formaldehyde or free phenol from its phenolic novolac RCPs.

The Trump administration will begin the environmental review process for oil and gas drilling on a section of the Arctic National Wildlife Refuge, a region in northern Alaska rich in crude but prized by conservationists.

The joint venture will include work on P&A, towage of floating units, and removal of subsea infrastructure, with the ultimate goal of providing the full end-to-end process for decommissioning.

Oil prices have recovered somewhat and operators are making money again. So why haven’t the service companies been invited to the party?

Advanced AUVs with early-stage technologies for live streaming, ultrasonic testing, and 3D laser scanning are set to enter inspection trials on North Sea facilities. The aim is to reduce facilities inspection costs by 50%.

Pipetech has launched a new active caisson management service following a number of recent projects with North Sea operators. The service aims to drive cost efficiencies while maintaining asset integrity throughout the life cycle of the caisson. It involves a single-sourced, full range of services including inspection, cleaning, coating, and planned and programmed mai…

Kinder Morgan promoted Kimberly Dang from CFO to president. Steven Kean will retain the CEO title, and Richard Kinder remains executive chairman. Dang joined Kinder Morgan in 2001 as director of investor relations and was named VP, investor relations, in 2002, treasurer in 2004, CFO in 2005, and a member of the office of the chairman in 2014. Prior to joining Kinder M…