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Oilwell drillers Trinidad and CanElson to merge in $505 million deal

2015-06-11 19:42:59| IT Services - Topix.net

Oilfield services companies Trinidad Drilling Ltd. and CanElson Drilling Inc. have agreed to merge in a deal worth $505 million. The merger is intended to save costs and create a more geographically diverse base of operations, according to the companies, as the industry faces major spending cutbacks.

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Mitsubishi group to build methanol plant in Trinidad and Tobago

2015-04-13 11:35:20| Grocery - Topix.net

Japan's three Mitsubishi group companies have signed a contract with state-owned National Gas Company of Trinidad and Tobago Ltd and Massy Holdings to build a methanol producing plant in the Caribbean country for about $1 billion. Mitsubishi Gas Chemical Co, Mitsubishi Corp and Mitsubishi Heavy Industries said they will aim to complete the construction of the plant, capable of producing 1 million tonnes per year of methanol in June 2018, with operations set to start in October that year.

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Core Grouting Services Completes Pipeline-Free Span Project In Trinidad And Tobago

2015-03-24 03:18:54| oilandgasonline News Articles

Core Grouting Services,an Acteon group company, has successfully completed a pipeline-free span rectification project in Trinidad and Tobago.Coreinstalled grout bags at several subsea locations beneath a pipeline at water depths of 120-to-150 m.

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HB Installs Temporary Living-Quarter Complex Offshore Trinidad And Tobago

2015-02-18 08:10:40| oilandgasonline News Articles

HB Rentals, a Superior Energy Services company specializing in onsite accommodation services, announced recently the installation of an end-to-end package for BHP Billiton, consisting of offshore accommodation modules and operating essentials for water, sewage, power and lighting.

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Trinidad Drilling cuts one in five salaried workers

2015-02-17 22:16:00| Logistics - Topix.net

Colleen De Neve/ Calgary Herald TURNER VALLEY, AB --APRIL 1, 2014 --Trinidad Drilling floor hand Tobias Metz, left, and Ivan Popovic work around the drill at the drilling rig at a Legacy Oil and Gas site southwest of Turner Valley on April 28. 2014. 00054826A SLUG: HISTORY OF OIL LEGACY TOUR Trinidad Drilling Ltd. is laying off one in five salaried employees, enacting a seven per cent across-the-board wage cut and trimming its executive salaries and directors' fees by 10 per cent to deal with reduced activity due to low oil and gas prices.

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