Oil industry tallies up damage from Gustav

Initial inspections of the Gulf Coast’s extensive energy complex confirmed Tuesday that Hurricane Gustav was nowhere near as destructive as Katrina and Rita three years ago, but resumption of production and refining may be a few days away, or more. Oil companies, rig and pipeline owners and refiners spread out across the region to look for damage... 

SMF Energy Deploys Its Emergency Response Team to Louisiana in Support of Hurricane Gustav Relief Efforts

SMF Energy Corporation, a leading provider of specialized transportation and distribution services for petroleum products and chemicals, confirmed today that it has deployed its emergency response teams to Louisiana to support relief efforts in the aftermath of Hurricane Gustav. In addition, the Company announced plans are in place to respond to Hurricane... 

Gateway Energy Enters Into New Transportation and Terminal Services Agreements

Gateway Energy Corporation announced that its wholly-owned subsidiary, Gateway Offshore Pipeline Company has entered into agreements with Maritech Resources, Inc., an exploration and production company and wholly-owned subsidiary of TETRA Technologies, Inc., to transport all of the crude oil and natural gas produced from its High Island Block 98-L lease,... 

Quantapoint Expands Houston-Based Team to Serve Gulf Coast Region

Quantapoint has completed a significant expansion of its existing Houston-based team. This growth will help better meet the considerable demand from the oil & gas and other industries for Quantapoint’s laser scanning technology and services that help companies achieve Zero-Defect Projects™. Eric Hoffman, Quantapoint’s CEO, relocated to Houston... 

OMNI Announces Contract Award and Expanded Service Locations

OMNI ENERGY SERVICES CORP. announced that it has been awarded a contract with a leading seismic data acquisition company to perform a major seismic drilling project in the north Louisiana Haynesville Shale area. The contract will generate approximately $5 million in revenue; it is expected to commence during the first quarter of 2009. The Company also... 

Denbury Agrees to Purchase Texas Field for Potential Tertiary Flood

Denbury Resources Inc. announced today that it has entered into an agreement with a privately owned company to purchase a 91.4% interest in Conroe Field, a significant potential tertiary flood north of Houston, Texas, for $600 million, plus additional potential consideration if oil prices exceed $121 per barrel during the next three years as further... 

Cheniere Energy Protects Business Operations

CoreXchangeSM, the IT industry’s fastest growing provider of advanced networking solutions, today announced that Cheniere Energy (AMEX symbol: LNG – News) has selected CoreXchange to provide business continuance and disaster recovery solutions to protect their critical data operations. ADVERTISEMENT Cheniere Energy customers expect a consistent... 

Williams Receives FERC Approval to Provide Additional Natural Gas Service to Northeast

Williams announced that that the Federal Energy Regulatory Commission (FERC) has approved a proposal to expand Williams’ Transco natural gas pipeline to serve markets in the northeastern United States. The Sentinel expansion project is designed to increase Transco’s firm transportation capacity by 142,000 dekatherms per day. Phase 1 of the... 

Gulf Ethanol Completes Phase 1 Design

Gulf Ethanol Corporation has now completed the Phase 1 design enhancements to its cellulosic pre-processing unit. The unit is now back at the company’s R&D facility ready for product testing to begin again this week. The cellulosic feedstock pre-processing unit is designed to process rough feed stocks into tiny particles. This increases... 

Proserv Renames Recently Acquired Twachtman Snyder & Byrd and Circle Technical Services

Proserv Offshore LLC announced that Twachtman Snyder & Byrd (TSB) has changed its name to Proserv Decommissioning Contractors & Engineers Inc. and Proserv Abandonment Services, and Circle Technical Services has changed to Proserv Marine and Subsea Technology. All three represent business units within the Abandonment & Decommissioning...