Oil States Industries To Expand U.S. Operations

Thursday, August 26, 1999
Adding to its growing list of subsidiaries, Arlington, Texas-based Oil States Industries, Inc. has decided to further its expansion prospects with the addition of CE Marine, Inc. Operating under the new name Oil States Skagit Smatco, the company, headquartered in Houma, La. will provide mooring systems, winches, pipe handling and other custom fabricated equipment to the Marine Industry. The company was originally formed in 1997 by Continental Ernsco as a result of the merging of SMATCO Industries, Inc. and Skagit Products. With Bobby Thompson continuing as the new company's president, Oil States will operate sales and engineering offices in Houston, Texas and Mount Vernon, Wash.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Subsea 7 Profits Dip in Q1

Subsea 7 S.A. announced its financial results for the first quarter ending March 31, 2016, reporting revenues of $746 million, down 37 percent from the prior year period.

Challenges for Offshore Exploration

The oil discoveries are down 47% y-o-y on an annualised basis so far in 2016, global rig utilisation has dropped 22 percentage points to 73% in two years, and 29% of seismic units are inactive,

Sembcorp Profit Halved as Clients Defer Projects

Revenue falls 30 pct; order book at S$9.7 billion. Singapore rig-builder Sembcorp Marine's quarterly profit halved as customers deferred projects, and it faces

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0686 sec (15 req/sec)