GASFRAC Wins Gold At 2014 Edison Awards For Energy & Sustainability, Commercial Resource Management

CALGARY, Alta. -- GASFRAC Energy Services Inc., with headquarters in Calgary and operations in Alberta and Texas, has announced it has been voted a Gold winner for innovation at the 27th Annual Edison Awards, held April 30 at the Julia Morgan Ballroom in San Francisco. GASFRAC won top honours in the Energy & Sustainability category for its Vantage Frac waterless fracturing process.


Cooperation To Gain Industry Acceptance Of Ultrasonic Flow Meters For Wet Gas

Accurate measurement of the output of wet gas fields is an important means of reducing the financial risks that exploration and production (E&P) companies face in sales gas allocation. Ultrasonic flow meter technology is proven for dry gas metering and E&P companies now hope to apply it to wet gas. DNV GL has therefore initiated a joint industry project (JIP) to build a solid foundation to facilitate the wide acceptance of this technology for use in wet gas sales allocation. Seven industry partners have committed to the JIP, but it is open for more partners.


Aker Solutions Splits To Boost Competitiveness And Value Creation

Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group to meet the needs of customers in an increasingly competitive global energy industry.


GroundMetrics Raises $2.73 Million In Financing Round Led By Cowboy Technology Angels To Accelerate Oil Boom

SAN DIEGO, Calif. -- GroundMetrics Inc., a leading electromagnetic survey company and oil and gas industry pioneer, has announced it has raised $2.73 million in a Series B financing round from new investors Cowboy Technology Angels, an oil industry angel group based in Oklahoma.


ITT Showcasing Latest Technologies For Offshore Oil And Gas Industry

HOUSTON, Tex. -- ITT Corporation will showcase its extensive array of essential products and services for customers in the global oil and gas industry May 5-8 at the annual Offshore Technology Conference (OTC) in Houston, which draws approximately 90,000 attendees from more than 120 countries. ITT’s innovative products include Goulds Pumps centrifugal and Bornemann multiphase pumps updated to the latest edition of the American Petroleum Institute (API) standard.



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