Tag: cameron

Supreme Court denies Louisiana lawsuits against BP

The Supreme Court rejected an appeal Monday from 11 Louisiana parishes that wanted to revive their lawsuits over wildlife damage from the BP oil spill in the Gulf of Mexico in 2010.  More »

OneSubsea gets $270 million for Pemex’s first deepwater subsea field

OneSubsea announced Monday that it won a $270 million contract to develop a subsea production system for Pemex that will serve the first deepwater subsea field developed by Pemex, Mexico’s national oil company.  More »

OneSubsea wants to shrink its footprint — and recover more oil

OneSubsea is adding a twist to its two-decade old subsea pumps that may save operators from spending billions to build surface facilities many miles offshore.  More »

Baker Hughes forms subsea production unit with Aker Solutions

Baker Hughes and Norwegian subsea firm Aker Solutions will collaborate to develop technology for ramping up oil production and prolonging the lifespan of deep-water fields, the companies said Tuesday.  More »

Tech titans beat energy companies as best places to work

The energy industry made a respectable showing on Glassdoor’s 2014 ranking of the nation’s best places to work, released this month. But none of Houston’s oil giants cracked the top 50.  More »

Oil field services companies should show caution in deals, Halliburton exec says

Halliburton plans to be an active dealmaker when the unconventional oil and gas sector consolidates, but will be selective about the potential opportunities, a senior executive said Tuesday at a Houston energy conference.  More »

Experts clash on estimates of oil spilled into Gulf

A sparring match between some of the world’s top scientists over how much oil spewed into the sea following the 2010 Gulf of Mexico disaster is heating up as a civil trial is set to resume next month.  More »

Cameron profits drop due to rising costs

Offshore equipment provider Cameron reported a 20 percent decrease in profits, as increased drilling system sales were offset by growing costs and a slowdown in unconventional onshore equipment.  More »

Nabors 2Q earnings miss could be bad news for other services firms

Nabors said Tuesday that largely because of weakness in its rig services and completion and production services units, it expects second-quarter operating results to fall below Wall Street expectations.  More »

Cameron International to close area facility that employs 88

Cameron International will lay off 88 workers when it closes its factory in Magnolia.  More »

OTC offered suite deal for visitors (photos)

Companies are increasingly using hospitality suites, offering everything from shrimp cocktail to margaritas, as a way to gather more attention from attendees at OTC.  More »

Companies offer high-class hospitality stadium-style

Hospitality suites at the Reliant Stadium offer an exclusive option for business conversations apart from the bustle of the main OTC floor.  More »

Chesapeake sues Cameron over fracking equipment

Cameron International Corp. is being sued by Chesapeake Energy Corp. for alleged wellhead equipment failure.  More »

Houston firms benefit as West Africa deep water heats up

West Africa deepwater drilling activity is on the rise and Houston offshore equipment companies are happy beneficiaries, judging from multi-million dollar orders for services equipment that came through this week.  More »

BP left out critical details in spill report, attorneys allege

Plaintiffs attorneys at a civil trial in New Orleans federal court are trying to show BP’s Gulf spill report was self-serving and designed to shield the company from billions of dollars in damages.  More »
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