Douglas Schwedland has been named chief executive officer of EPIX, a joint venture of Weir Oil & Gas, a provider of pressure-pumping equipment, and MTU, a subsidiary of Rolls-Royce Power Systems. EPIX will provide an integrated system for hydraulic fracturing. Source: News

Jonathan Lewis has been named chief executive officer of Amec Foster Wheeler PLC. He joins the company from Halliburton Co., where he has been senior vice-president and a member of the executive committee. Source: News

Roger Esson has been named chief executive of Decom North Sea, Aberdeen, a group representing the offshore decommissioning industry. Source: News

The Colorado Supreme Court overturned statutes that ban hydraulic fracturing in two communities along the state’s populous Front Range because they conflict with state law that authorizes the technology’s use. Source: News

A new National Academies of Sciences, Engineering, and Medicine report recommends ways the US Bureau of Safety and Environmental Enforcement could apply remote real-time monitoring (RRTM) to improve the safety and reduce the environmental risks of offshore oil and gas operations. Source: News

BP PLC has had to make some “very tough choices” and let some “very good people” go in Houston and elsewhere amid an environment that has changed “quite dramatically for all of us” over the last few years, a company executive told attendees May 2 at an opening session of the Offshore Technology Conference in […]

Unable to reach a debt-restructuring deal for its $3.9 billion in unsecured debt, Ultra Petroleum Corp. filed for Chapter 11 bankruptcy protection on Apr. 29 in Houston. Source: News