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Cameron’s Mark IV High-Availability BOP Control System is the only blowout prevention system that features three points-of-distribution, or PODs, which significantly lessens the chance of delays in drilling in the event of a POD failure. 

Credit Cameron

Cameron says its Mark IV blowout preventer is “future-proofed”

Work on the Mark IV HA began three years ago with six months of research, followed by two-and-a-half years of engineering.
(AP Photo/Gerald Herbert, File)

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.
The OneSubsea exhibit booth at the 2014 Offshore Technology Conference. (Collin Eaton/Houston Chronicle)

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.
The OneSubsea exhibit booth at the 2014 Offshore Technology Conference. (Collin Eaton/Houston Chronicle)

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.
The Baker Hughes research and development building in Tomball, Texas. (Todd Spoth/For the Chronicle)

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.
Google bicycles stand outside of the Google campus in Mountain View, Calif.  (AP Photo/Jeff Chiu, File)

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.
From left to right, Mark McCollum, chief financial officer of Halliburton; Dave Scullin, partner at Deloitte Services; and Gary Halverson, a vice president at Cameron International, speak at the Deloitte Oil & Gas Conference on November 19, 2013. (Emily Pickrell/Houston Chronicle)

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.
Oil from the Deepwater Horizon spill floats on the water as the sky is reflected in sheen on Barataria Bay, off the coast of Louisiana, in this June, 7, 2010 file photo. A high-stakes trial to assign blame and help figure out exactly how much more BP and other companies should pay for the spill began Monday, Feb. 25, 2013. (AP Photo/Charlie Riedel, File)

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.
The Cameron International Building in Houston (Photo: Holliday Fenoglio Fowler)

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.
(Nabors photo)

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.