Tradequip Blog & Oilfield Industry News

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. […]

Political pressure and environmental concerns are just two of the speed bumps on the way to Keystone XL completion   The Keystone Pipeline is an oil pipeline system that is designed to transport crude oil from the rich sand-oil fields of Alberta, Canada, to refineries in the US Midwest and Gulf Coast region. Oil-rich regions […]