These are features of Oil and gas, industrial and other relevant news
Encana sells Colorado assets to Broe Group partnership for $900M Encana Corp. agreed to sell oil and natural gas assets in Colorado to an entity 95-percent owned by Canada Pension Plan Investment Board for about $900 million. The Broe Group, a Denver-based conglomerate, in partnership with the Canada Pension Plan Investment Board plans to acquire…
Petrobras contracts Honeywell’s spectra fibre for new offshore oil and gas platforms Honeywell’s Spectra fibre has been selected by Brazil-based Petrobras to use in ropes at its new offshore oil and gas platforms. Rope maker Cortland will incorporate the high-performance fibre into its BOB 12×12 fibre rope, which will be used for the project as part of…
Aberdeen Airport Evacuated – 400 Passengers Re-Screened by Security All flights have been delayed at Aberdeen International Airport after what has been described as an ‘operational incident’ occurred. The airport which acts as the main heliport for helicopters travelling to offshore oil and gas installations said that up to 400 people have been sent back…
To Save Cost US Drillers Cannibalise Idle drilling rigs, this seems to be the new turn of events as rig count rates drops weekly Cam Hewell runs Premium Oilfield Technologies, a small company that makes equipment and spare parts for drilling rigs from North Dakota to Texas. Like his rivals, he is trying to withstand…