Content about Houston

May 8, 2012

Pittsburgh, Pennsylvania-based LB Foster Company has completed the relocation of its threaded products water well group from Houston to a new facility in Magnolia, Texas. 

Pittsburgh, Pennsylvania-based LB Foster Company has completed the relocation of its threaded products water well group from Houston to a new facility in Magnolia, Texas.

The Magnolia plant uses advanced technology and has extended operating hours to increase production capacity. "The new facility provides our production team with single flow manufacturing that expedites the movement of pipe through our threading process," said Merry Brumbaugh, vice president, LB Foster Tubular Products.

February 20, 2012

US-based Select Energy Services has entered the Canadian market with the completion of its purchase of WTR Transfer Services Ltd.

US-based Select Energy Services has entered the Canadian market with the completion of its purchase of WTR Transfer Services Ltd. (WTR).

Headquartered in Houston, Texas, Select Energy Services provides engineered water solutions to the oil and gas industry, and well-site services to energy producers.

WTR performs water transfer services for the shale drilling industry in western Canada, specializing in high volume water transfer through a "no leak" water transfer system.

January 3, 2012

Global M&A activity for upstream oil and gas deals in 2011 totaled $170 billion in 726 deals, according to a new report.

Global M&A activity for upstream oil and gas deals in 2011 totaled $170 billion in 726 deals, according to a new report.

The report from PLS, Inc. in conjunction with international partner Derrick Petroleum Services, includes all upstream oil and gas deals with values disclosed.

"Total deal value in 2011 dropped 19 percent from 2010 record levels, yet the number of deals increased 15 percent to a record of 726,” said Ronyld W Wise, president of Houston-based PLS, Inc.

November 24, 2011

The UK’s Weir Group has agreed to acquire US-based Seaboard Holdings for $675 million (£431 million).

The UK’s Weir Group has agreed to acquire US-based Seaboard Holdings for $675 million (£431 million).

Based in Houston, Texas, Seaboard manufactures engineered wellhead and pressure control equipment for the oil & natural gas exploration and production industries. The company also provides a range of field and support services, including equipment rental for the onshore oil & gas drilling, completion and production markets.

November 3, 2011

Global oil & gas transactions rose 53 percent to $43 billion in the third quarter of 2011, compared with $29 billion in the second quarter of the year.

Global oil & gas transactions rose 53 percent to $43 billion in the third quarter of 2011, compared with $29 billion in the second quarter of the year.

International database and services provider PLS, Inc. and Derrick Petroleum Services report 166 transactions with deal values disclosed, with $90 billion of deals currently in play.

June 1, 2011

Noble Energy has announced the discovery of oil at its Santiago exploration prospect in the deepwater Gulf of Mexico.

Noble Energy has announced the discovery of oil at its Santiago exploration prospect in the deepwater Gulf of Mexico.

Around 60 feet of oil pay was identified in the well, which was located in 6,500 feet of water on Mississippi Canyon Block 519 and drilled to a total depth of approximately 18,920 feet.

Noble Energy is the operator at Santiago, with a 23.25 percent working interest. Houston Energy holds 10 percent, Red Willow Offshore has 20.25 percent, and BP Exploration & Production holds the remaining 46.5 percent.  

March 22, 2011

By mid-March, most of us have abandoned our New Year resolutions. Here is a five step guide to help us make the changes we need to make.

Tomorrow I will speak to a room full of senior executives whose companies have recently merged. No one knows who will end up where, and the fear of what’s coming is palpable. Next week I head to Houston for a similar situation, to work with a firm which bought another firm and needs to integrate the two together and create a new culture. It seems that change is everywhere!

February 2, 2011

Aker Solutions has completed the sale of the principal operations of its Process and Construction business area to Jacobs Engineering Group.

Aker Solutions has completed the sale of the principal operations of its Process and Construction business area to Jacobs Engineering Group, one of the world's largest and most diverse providers of technical, professional and construction services.

Aker Solutions, a global oil services company providing engineering and construction services, technologies, product solutions and field-life solutions for the upstream oil and gas industry, intends to concentrate its future strategic efforts on its core oil and gas business.

November 30, 2010

Rob Harris talks to Severn Trent De Nora, a leading provider of innovative water disinfection systems to the marine and offshore industries.

Rob Harris talks to Severn Trent De Nora, a leading provider of innovative water disinfection systems to the marine and offshore industries.

 

Water is undoubtedly our most precious natural resource—we can’t live without it, yet only three percent of the world’s water resources are fit for human consumption and almost 97 percent are in the oceans.  

October 4, 2010

A company that has adopted innovation as one of its organizational core policies and has included in its journey new tools and processes through “Virtual Design and Construction”.

Winston Churchill said, “To improve is to change; to be perfect is to change often.” Rob Harris investigates the Linbeck Group, a company that has adopted innovation as one of its organizational core policies and has included in its journey new tools and processes through “Virtual Design and Construction”.

 

 

September 22, 2010

The Clorox Company is to sell its global auto care business, including the brands Armor All and STP, to a private equity firm for $780 million.

The Clorox Company is to sell its global auto care business, including the brands Armor All and STP, to a private equity firm for $780 million.

Avista Capital Partners, with offices in New York and Houston and holdings in energy, health and media, will acquire two auto care manufacturing facilities from Clorox, one in Painesville, Ohio with 70 employees, and one in Wales, in the UK, with 24. All employees will transfer to the buyer.

September 20, 2010

The stockholders of Continental Airlines and United Airlines have voted overwhelmingly in favor of the companies’ planned merger to create the world’s largest carrier.

The stockholders of Continental Airlines and United Airlines have voted overwhelmingly in favor of the companies’ planned merger to create the world’s largest carrier.

At a special meeting of Continental stockholders in Houston Friday, over 98 percent of the votes cast and 75 percent of shares outstanding were voted in favor of the transaction.

At a similar meeting of United stockholders in Chicago, more than 98 percent of the votes cast and 84 percent of the shares outstanding were voted in favor.

September 6, 2010

UK oil giant BP has revived the sale of its Alaskan assets after failing to sell them to US oil and gas company Apache in July, according to a report in the Financial Times.

UK oil giant BP has revived the sale of its Alaskan assets after failing to sell them to US oil and gas company Apache in July, according to a report in the Financial Times.

Houston-based Apache is said to be still in the running to purchase the assets, while US-based Occidental Petroleum is also seen as a potential bidder.

The FT said it is not yet known whether BP is planning to sell its entire 26 per cent stake in the giant Prudhoe Bay oilfield, which includes the operating rights.

August 31, 2010

Westlake Chemical Corporation announced today it is proceeding with the delayed construction of a new chlor-alkali plant to be located at its vinyls manufacturing complex in Geismar, Louisiana.

Westlake Chemical Corporation announced today it is proceeding with the delayed construction of a new chlor-alkali plant to be located at its vinyls manufacturing complex in Geismar, Louisiana. The new unit is expected to double the company’s production from250,000 electrochemical units (ECUs) annually, to 520,000 ECUs.

Westlake, headquartered in Houston, Texas, manufactures and supplies petrochemicals, polymers and fabricated products including ethylene, polyethylene, styrene, propylene, caustic, VCM, PVC and PVC pipe, windows and fence.

August 9, 2010

Competing with the big boys in the oil patch is a healthy challenge for this family company known for its customer service, David Hendricks learns.

Competing with the big boys in the oil patch is a healthy challenge for this family company known for its customer service, David Hendricks learns.

 

August 6, 2010

With expertise in EPC contracting for the oil and gas industry, the company is now applying its skills to new areas of business.

Jane Bordenave talks to Dragados Offshore about the company’s expertise in EPC contracting for the oil and gas industry and how it is applying its skills to new areas of business.

 

July 1, 2010

A comprehensive product portfolio, market expansion and customization add up to make Bunting Bearings a leader in its field.

A comprehensive product portfolio, market expansion and customization add up to make Bunting Bearings a leader in its field.

 

 

July 1, 2010

A shallow-water drilling company planning to soar to international status within a few years.

Seahawk Drilling plans to soar to international status within a few years. COO Kurt Hoffman talks with April Terreri about the shallow-water drilling company.

 

March 18, 2009

The suppliers' supplierNational Bronze & Metals supplies a wide variety of copper alloys. Keith Regan learns from president Michael Greathead how winning customers’ trust and investing in the future will pave the way for growth. At a time when many businesses are embarking on initiatives to reduce their inventory, National Bronze & Metals is expanding the copper alloy products it keeps in stock. The Houston, Texas-based company, founded in 1983, carries as many as 80 different copper-based alloys, representing some 13.25 million pounds of inventory.