Tradequip Blog & Oilfield Industry News

Like all of you, our team at Tradequip International watched with dismay as Hurricane Harvey wreaked havoc in your hometowns. The storm’s devastation in such a vast area has struck at the heart of the oil and gas industry. Now, and for years to come, it has drastically affected many of you who are our […]

On behalf of our Board of Directors, Members and Staff:PESA is proud to be based in Houston, and we know many of our members and their families have been impacted directly by the path of Hurricane Harvey. Our thoughts and prayers continue to be with all who have experienced tremendous losses and for strength in […]

Hurricane Harvey Aid As the news continues to show the dramatic and widespread damage and flooding in Houston and along the Texas Gulf Coast, our hearts go out to the thousands of SPE members who may have been affected. SPE has made a contribution of USD 50,000 to the American Red Cross for Harvey disaster […]

The YouCaring team is working with JJ Watt and the Houston Texans to support the victims of Hurricane Harvey. JJ has personally contributed $100,000 to the cause, JJ Watt’s Houston Flood Relief Fund. The campaign quickly surpassed its initial $200,000 goal and is now halfway to its $1,000,000 goal, as of this writing. It appears to […]

PEORIA, Ill. — As Texas battles one of the worst storms to hit the state in decades, the Caterpillar Foundation is announcing a $300,000 donation to the American Red Cross to aid in immediate relief efforts. Hurricane Harvey, which made landfall as a Category 4 storm, is producing life-threatening flooding for both coastal and inland […]

  Contact: Kurt Watkins 214-891-7624 kurt_watkins@richards.com       The Salvation Army Responds to Catastrophic Flooding Relief effort expected to be one of largest in organization’s history ALEXANDRIA, Va. (Aug. 29) – The Salvation Army is responding to the catastrophic flooding in the Houston area and providing relief to first responders and survivors. Since Hurricane […]

HOUSTON – BP and the BP Foundation have donated $750,000 to support flood relief efforts in Houston and surrounding Texas communities that have been significantly impacted by historic rain levels and other damage from Hurricane Harvey. The donation, which will help provide flood victims with food, water, health services and shelter, will be divided equally […]

  CROSSVILLE, TN — Jon Goodwin has been named publisher of Tradequip International. He previously held the position of Sales Manager. Jeff Dyer, former publisher, is still with TAP Publishing, the parent company of Tradequip, but, is assuming new responsibilities as Chief Sales Officer. Jon started with Tradequip in 2006, but, he has been with […]

Please join us in welcoming new member company Exterran Corporation. Exterran Corporation is a worldwide market leader in oil and gas production equipment, natural gas compression, produced water treatment solutions, and gas processing and treating. Headquartered in Houston, Texas, Exterran Corporation has approximately 5,100 employees and operates around the world.  Andrew J. Way is the President […]

A big oilfield company was needing to hire a Drilling Engineer but had a problem as they had way too many candidates for the one position that was available. So to narrow down the group, the human resource director with a PHd in Philosophy gave a one question application after interviewing each of them on […]

The international rig count is only down about 10% year-over-year while the North America (NAM) rig count is down about 50% over the same period. While the international oilfields tend to be less cyclical than the NAM rig count (learn why here), the wide difference is due in part to the fact that some country […]

The International Tribunal for the Law of the Sea (ITLOS) has ruled that Tullow Oil could proceed with its operations at the $5 billion TEN project offshore Ghana. However, the tribunal restricted Ghana from beginning any new drilling operations in the area until a maritime border dispute with the Ivory Coast is resolved in 2017. […]