Tradequip Blog & Oilfield Industry News

Fracturing Grabs Summer Headlines Continuing public and policy debate on hydraulic fracturing has filled headlines over the past few weeks, with activity in a congressional committee, a regulatory agency, a major state, and the courts. Congressional Testimony At a Senate field hearing in Seattle, US Energy Secretary Ernest Moniz testified that increased domestic oil and gas […]

The 2016 Gulf Coast Energy Summit aims to increase public awareness on the vast economic opportunities associated with offshore energy and energy exporting. With the United States possessing the resources to be the most energy rich country in the world, Coastal residents and community leaders should understand the complete reach of the offshore economy and […]

September 12, 2016 Oil & Gas Giants Call for Industry Collaboration ahead of Flagship Abu Dhabi Energy Event Fossil Fuels to Account for 80% of Total Energy Supplies in 2035: Industry Report Abu Dhabi, UAE – xx August 2016 – Oil and gas giants are calling for greater industry collaboration and an increased focus on […]

  HSE Committee Deliberates TSCA Reform Impacts The PESA HSE Committee met recently to discuss ongoing activities as well as the recent law updating the Toxic Substance Control Act (TSCA), the Nation’s primary chemicals management law. The most significant change is a new requirement that the Environmental Protection Agency (EPA) conduct a systematic, risk-based review of all chemicals in commerce. The previous TSCA grandfathered in chemicals already on […]

  The Petroleum Equipment & Services Association has been the unified voice for the oilfield service, supply, and manufacturing sector for more than 80 years, committed to strengthening our member companies while promoting the oil and gas industry as a whole. We are constantly working to further empower and assist our members in three distinct areas: Train. Elevate. […]

“Strategic Investments and Synergies Critical to Global Energy Sector Progress,” says H.E. Suhail Al Mazrouei, UAE Minister of Energy UAE Officials and World Experts Share Views on Oil and Gas Industry Developments at Exclusive ‘Al Multaqa’ Gathering in Abu Dhabi Abu Dhabi, UAE – xx July 2016 – Making strategic long-term investments, and pooling knowledge […]

July 21, 2016 — 3:16 PM CDT Updated on July 22, 2016 — 11:06 AM CDT The world’s two largest providers of oilfield drilling and fracking services have now declared that the worst may be over in the two-year-old oil market crash. Schlumberger Ltd. said Thursday that the oil industry appears to have reached the […]

  WeatherTAP.com has partnered with EarthCast Technologies (ECT) to offer its subscribers access to global forecast data with weatherTAP GLOBAL. Among other things, weatherTAP GLOBAL allows professionals in the oil and gas industry to track severe weather to any oilfield, refinery or offshore rig in the world.   “For decades, those operating off shore or […]

Have you or any of your friends or colleagues been affected by the oil price collapse and resulting layoffs? If so, keeping current on issues and technology and maintaining and building a professional network are more important than ever. A limited number of scholarships for ACE 2016 registration are now available to displaced geoscientists and […]

HOUSTON–(BUSINESS WIRE)–Master Rig International (MRI) recently completed an extensive and large-scale inspection, repair and re-certification of the Jindal Drilling Rig Project in Sabine Pass, Texas, USA. After initial inspections of drilling equipment, repair plans were developed and underway in late December 2015. Maintenance and re-certification of drilling equipment began on January 15th, 2016, and MRI […]

LONDON (Bloomberg) — Pierre Andurand, a hedge fund manager who predicted the oil collapse, said crude is starting a “multi-year bull run” because low prices have curbed supply. Crude futures, currently trading near $40/bbl, will rebound to $60 to $70 this year and $80 in 2017, the chief investment officer of London-based hedge fund Andurand […]

Author: Lauren Gensler , Forbes Staff  Despite humble beginnings in North Carolina, Krispy Kreme has bet big on international expansion in recent years, with nearly three quarters of its 1,100 donut shops now located abroad. Yet, with plunging oil prices wreaking havoc around the world, there are some places where it probably wishes it hadn’t set up shop. As of the beginning of 2015, […]