Tag: oil

Despite the dip in oil and gas prices, things are going remarkably well in the shale gas sector. Although there have been layoffs and bankruptcies, the demand for natural gas is increasing, and this rising tide is lifting shale in North America and other countries throughout the world. New technologies make the sector more competitive, which is good news for all suppliers to the sector and will stimulate related industries such as water treatment and desalination.

FMC Technologies and Technip came together in January 2017 to form TechnipFMC, a company dedicated to improving the performance of the world’s energy industry. A global leader in oil and gas projects, technologies, systems, and services, TechnipFMC is divided into three business segments: subsea, onshore/ offshore, and surface. The company employs more than 40,000 people across 48 countries.

After a tough four years new research shows that for the first time since 2014, the oil and gas industry expects more new jobs to be created than lost over the next 12 months.

Gas tungsten arc welding (GTAW) commonly known as tungsten inert gas welding (TIG), has always been considered to be a complicated joining process. The equipment was expensive, shielding gas of the required purity was difficult to obtain and above all, only specially trained individuals were able to complete the complex procedures. However today there are innovative, customer-focused solutions for both mechanized and automated TIG welding available.