Image - Omans Gulf Energy Signs Commercial Order

Oman's Gulf Energy Signs Commercial Order

OriginOil (OTCQB: OOIL), developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of water, today announced that Gulf Energy, an oil service company with major customers across the Arabian Peninsula, has purchased a $1.4M CLEAN-FRAC™ 5000 system, designed to process five thousand barrels per day (bpd), for the company’s growing oil services business. Regional operators are turning to advance...

Oil and Gas - Oct 21, 2014


Image - Chevron Adds New Drillship to Deepwater Operations in the Gulf of Mexico

Chevron Adds New Drillship to Deepwater Operations in the Gulf of Mexico

Chevron Corporation (NYSE: CVX) today announced that the Pacific Sharav, a deepwater drillship built to Chevron's specifications, has arrived in the Gulf of Mexico to work under a five-year contract with Pacific Drilling. The Pacific Sharav is an upgraded Dual-Load-Path, Samsung-12000-design, dynamically-positioned drillship, specially modified to accept a Dual Gradient Drilling System, and able to operate in moderate environments and water de...

Oil and Gas - Oct 17, 2014


Image - Teledyne Awarded Major Marine Defense Electronics Contract

Teledyne Awarded Major Marine Defense Electronics Contract

Teledyne Technologies Incorporated (NYSE:TDY) today announced that its Teledyne Oil & Gas group has been awarded a contract by General Dynamics Electric Boat of Groton, Connecticut, for materials and engineering support covering electrical and fiber optic interconnect assembly hardware primarily from Teledyne’s DGO business unit based in Portsmouth, New Hampshire. This contract represents the largest single award in the fifty-plus-year history...

Oil and Gas - Oct 16, 2014