Global Expenditure on Oil & Gas Field Machinery to Reach $121 Billion in 2011

The report analyzes and forecasts the growth of the market over the next ten years, highlighting the countries and subsectors with strong growth prospects within the market. The research determines global expenditure on oil & gas field machinery to be $120.6 billion in 2011. The report forecasts and assesses the global spending in the oil & gas field machinery market across the 21 countries with the largest markets. These forecasts are underpinned... Read more..

Halliburton 2011 First Quarter Conference Call

Halliburton will host a conference call on Monday, April 18, 2011, to discuss the first quarter 2011 financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time). The company will issue a press release regarding the 2011 first quarter earnings prior to the conference call. Halliburton’s first quarter press release will be posted on the Halliburton Web site at www.halliburton.com. Please visit the Web site to listen to the... Read more..

Parker Drilling Schedules Fourth Quarter 2010 Earnings Release and Conference Call

Parker Drilling announced today it intends to report its financial results for the Fourth Quarter 2010 on Wednesday, Feb. 23. The Company expects to issue its earnings report that morning and will follow with a conference call at 10:00 a.m. CST (11:00 a.m. EST). Those interested in listening to the call by telephone may do so by dialing (480) 629-9722. Alternatively, the call can be accessed through the Investor Relations section of the Company’s... Read more..

Parker Drilling to Present at Pritchard Capital Partners Energize 2011 Conference

Parker Drilling (NYSE:PKD – News) announced today Kirk Brassfield, senior vice president and chief financial officer, will present at the Pritchard Capital Partners Energize 2011 Conference in San Francisco, California. The Company’s presentation is scheduled to begin at 2:00 p.m. PST (5:00 p.m. EST) on Wednesday, Jan. 5. A link to the live presentation and copies of the slides will be available through the Company’s Web site at... Read more..

Unique Safety Milestone Celebrated by Colonial Pipeline

Colonial Pipeline today celebrated 10 million hours of employees working without a lost work-time injury. The safety milestone represents more than seven years of employees working safely. In congratulating employees, Colonial CEO Tim Felt reminded that working safely is a job that starts fresh every day. “We are rightfully proud of this accomplishment, which is significant not only to our employees but to the families depending on us,” Felt... Read more..

MDV-Mohr Davidow Ventures Backs Laurus Energy

MDV-Mohr Davidow Ventures, a leading Silicon Valley venture capital firm, announced that it has backed Laurus Energy, the North American leader in Underground Coal Gasification (UCG) project development. Laurus also announced today that top energy executive Rebecca McDonald has joined as CEO. “Given the huge demand for energy in the U.S. and abroad and world’s vast coal reserves, we’ve been searching for companies developing gasification... Read more..

FMC Technologies Awarded $45 Million Contract for StatoilHydros Heidrun North Project

FMC Technologies, Inc. announced that it has been awarded a contract from StatoilHydro for the manufacture and supply of additional subsea equipment for its Heidrun North project, located in the Norwegian Sea. This contract, valued at approximately $45 million in revenue, is a call-off from a previously announced frame agreement signed in 2007 with FMC Technologies. FMC’s scope of supply includes three subsea production trees and two water injection... Read more..

ICE Launches Argus Gasoline and Crack Spread Swaps

Argus Media is pleased to welcome the launch of two new Argus swaps on ICE’s over-the-counter marketplace. From today, the energy industry will be able to trade and clear Argus Northwest European Gasoline Swaps and Argus Northwest European Gasoline Swap vs Brent First Line Swaps on ICE’s platform. Argus gasoline prices are the main price reference for international gasoline spot and term contract physical trade in northwest Europe and... Read more..

Orion Energy Systems Receives Esteemed Platts Global Energy Award

Orion Energy Systems Inc. has received the prestigious Platts Global Energy Award for Sustainable Technology Innovation of the Year for its energy efficient and direct renewable technology. The award recognizes the company that has made “the single most innovative technology advance in the area of green technology,” according to Platts. The award was presented at the Platts Global Energy gala Wednesday, Dec. 3, in New York City. Winners... Read more..

Zeus Development Corporation Announces “LNG Information Gathering Conference”

Zeus Development Corporation announces its organization of the “LNG Information Conference,” hosted by the State of Israel, to be held December 9, 2008 in Houston, TX, U.S.A. The State of Israel intends to alert the world energy industry of their growing market and learn from leadership within industry of opportunities for LNG supply. The State of Israel, at this conference, hopes to achieve the following: – Provide context for... Read more..