Monday, 24 September 2012

Stamp of Approval

API certifications are an imperative to provide value added services to the oil and gas industry. The American Petroleum Institute (API) has been at the forefront of creating standards of excellence for the oil and gas industry. The institute is also responsible for creating the certifications that are provided to oil and gas drilling companies in America. The main purpose of these certifications is to ensure the safety of the workers, the reliability of the equipment, and environment protection. One of the most important certifications is the API 5CT. This certification highlights the specifications for the casing and tubing hanger components on wellhead equipment. The certification is extremely expensive to obtain as there are strict rules, and a thorough evaluation process...

Tuesday, 18 September 2012

Charting New Territories

Great efforts in oil and gas exploration have led to a rise in the demand for oilfield equipment in USA. The oil and gas industry has seen many ups and downs over the last few years. But one thing that has remained constant is the demand for oilfield equipment in USA. Drilling equipment in particular has always been in demand. Despite a quiet phase in 2011, news of oilfield equipment manufacturers creating equipment for offshore and onshore rigs is coming up. There are many reasons behind this. One is the rising demand for premium rigs that are equipped for underwater drilling of 7,000 feet or more. Another reason is new oil exploration developments in known and unexplored parts of the world. Also, there is a growing demand for hydrocarbons, and high oil prices. Due to this huge demand,...
 
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