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McDermott International, Inc.
McDermott International, Ltd provides engineering and construction services to the energy industry. Operating in over 54 countries, McDermott has more than 30,000 employees, as well as a fleet of specialty marine construction vessels and fabrication facilities around the world. Incorporated in Bermuda, It is headquartered in the Energy Corridor area of Houston, Texas. History 1923–2023 In 1923, Ralph Thomas McDermott established J. Ray McDermott & Company Incorporated at the age of 24 upon receipt of a contract to build 50 wooden drilling rigs for a wildcatter in Luling, Texas. Knowing he could benefit from his father's long-time experience in the lumber and oilfield construction businesses, Ralph made John Raymond McDermott a partner and the company's namesake. In 1930, it expanded the business from its original headquarters in Eastland, Texas, to Luling after a oil boom, boom in oil exploration in the area. In 1932, the company moved to Houston, Texas with the continuing o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baker Hughes
Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK. As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications. It operates in over 120 countries, with facilities in Australia, Brazil, Singapore, Malaysia, India, Dubai, Saudi Arabia, Italy, Germany, Norway, the United Kingdom and the United States. Baker Hughes manufactures equipment which can also be used for industrial applications such as hydrogen production, geothermal energy resources and carbon capture utilization and storage, as part of the energy transition. Divisions The company divides its organization into the following segments: * Oilfield Services and Equipment – The company provides drilling, evaluation, completion, production, and intervention, subsea pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States District Court For The Southern District Of Texas
The United States District Court for the Southern District of Texas (in case citations, S.D. Tex.) is the federal district court with jurisdiction over the southeastern part of Texas. The court's headquarters is in Houston, Houston, Texas, and has six additional locations in the district. Appeals from cases brought in the Southern District of Texas are taken to the United States Court of Appeals for the Fifth Circuit (except for patent claims and claims against the U.S. government under the Tucker Act, which are appealed to the United States Court of Appeals for the Federal Circuit, Federal Circuit). , the United States attorney is Nicholas J. Ganjei. Along with the United States District Court for the Western District of Texas, Western District of Texas, United States District Court for the District of New Mexico, District of New Mexico, and United States District Court for the District of Arizona, District of Arizona, it is one of the busiest district courts in terms of cri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hearst Corporation
Hearst Corporation, Hearst Holdings Inc. and Hearst Communications Inc. comprise an American multinational mass media and business information conglomerate owned by the Hearst family and based in Hearst Tower in Midtown Manhattan in New York City. Hearst owns newspapers, magazines, television channels, and television stations, including the ''San Francisco Chronicle'', the ''Houston Chronicle'', ''Cosmopolitan'' and ''Esquire''. It owns 50% of the A&E Networks cable network group and 20% of the Walt Disney Company's sports division ESPN Inc. The conglomerate also owns several business-information companies, including Fitch Group and First Databank. The company was founded by William Randolph Hearst, a newspaper owner most well known for use of yellow journalism. The Hearst family remains involved in its ownership and management. History Formative years In 1880, George Hearst, mining entrepreneur and U.S. senator, bought the '' San Francisco Daily Examiner.'' In 1887, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Houston Chronicle
The ''Houston Chronicle'' is the largest daily newspaper in Houston, Houston, Texas, United States. it is the third-largest newspaper by Sunday circulation in the United States, behind only ''The New York Times'' and the ''Los Angeles Times''. With the 1995 buyout of its longtime rival the ''Houston Post'', the ''Chronicle'' became Houston's newspaper of record. The ''Houston Chronicle'' is the largest daily newspaper owned and operated by the Hearst (media), Hearst Corporation, a Privately held company, privately held multinational corporation, multinational corporate media conglomerate with $10 billion in revenues. The paper employs nearly 2,000 people, including approximately 300 journalism, journalists, editorial, editors, and photography, photographers. The ''Chronicle'' has bureaus in Washington, D.C., and Austin, Texas, Austin. The paper reports that its web site averages 125 million page views per month. The publication serves as the "newspaper of record" of the Housto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oxidative Coupling Of Methane
The oxidative coupling of methane (OCM) is a potential chemical reaction studied in the 1980s for the direct conversion of natural gas, primarily consisting of methane, into value-added chemicals. Although the reaction would have strong economics if practicable, no effective catalysts are known, and thermodynamic arguments suggest none can exist. Ethylene production The principal desired product of OCM is ethylene, the world's largest commodity chemical and the chemical industry's fundamental building block. While converting methane to ethylene would offer enormous economic benefits, it is a major scientific challenge. Thirty years of research failed to produce a commercial OCM catalyst, preventing this process from commercial applications. Ethylene derivatives are found in food packaging, eyeglasses, cars, medical devices, lubricants, engine coolants and liquid crystal displays. Ethylene production by steam cracking consumes large amounts of energy and uses oil and natural ga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siluria Technologies
Siluria Technologies, Inc. was a San Francisco-based research company founded in 2007. It attempted to develop a commercial method to convert natural gas into ethylene, gasoline or diesel fuel using chemical catalysts. The company received over $100m from four rounds of start-up funding from venture capital firms and Saudi Aramco. A test run of the system produced gasoline in Hayward, California Hayward is a city located in Alameda County, California, United States, in the East Bay subregion of the San Francisco Bay Area. With a population of 162,954 as of 2020, Hayward is the sixth largest city in the Bay Area, and the third largest in ... in August 2014. McDermott, an engineering firm, purchased Siluria in 2019. McDermott emerged from bankruptcy and spun off its Lummus division including Siluria’s intellectual property and a demonstration plant in La Porte, Texas in 2020. References Synthetic fuel companies {{tech-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulf Of Mexico
The Gulf of Mexico () is an oceanic basin and a marginal sea of the Atlantic Ocean, mostly surrounded by the North American continent. It is bounded on the northeast, north, and northwest by the Gulf Coast of the United States; on the southwest and south by the Mexican states of Tamaulipas, Veracruz, Tabasco, Campeche, Yucatán, and Quintana Roo; and on the southeast by Cuba. The coastal areas along the Southern U.S. states of Texas, Louisiana, Mississippi, Alabama, and Florida, which border the Gulf on the north, are occasionally referred to as the "Third Coast" of the United States (in addition to its Atlantic and Pacific coasts), but more often as "the Gulf Coast". The Gulf of Mexico took shape about 300 million years ago (mya) as a result of plate tectonics. The Gulf of Mexico basin is roughly oval and is about wide. Its floor consists of sedimentary rocks and recent sediments. It is connected to part of the Atlantic Ocean through the Straits of Florida between the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perdido (oil Platform)
''Perdido'' (Spanish for ''lost'') is the deepest floating oil platform in the world at a water depth of about 2,450 meters (8,040 feet) operated by the Shell Oil Company in the Gulf of Mexico. The platform is located in the Perdido fold belt which is a rich discovery of crude oil and natural gas. The Perdido spar began production in 2010 and its peak production is 100,000 barrels of oil equivalent (c. ) and 200 million cubic feet of gas per day (c. ). Construction and assembly The spar and the topsides of the Perdido were constructed separately and then assembled in its final position in the Gulf of Mexico. The Perdido's hull or spar was constructed by Technip in Pori, Finland. A barge shipped the 22,000 tonne spar 13,200 kilometres (8,200 miles) from the Baltic Sea to the Gulf of Mexico. After floating the spar, it was towed to its final home above the Alaminos canyon 320 kilometres (120 miles) from the shore. The spar was rotated by the '' Balder'' from a horizontal to a v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Dutch Shell
Shell plc is a British multinational oil and gas company, headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. A core component of Big Oil, Shell is the second largest investor-owned oil and gas company in the world by revenue (after ExxonMobil), and among the world's largest companies out of any industry. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in April 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diebold Nixdorf
Diebold Nixdorf, Incorporated is an American multinational financial and retail technology company that specializes in the sale, manufacture, installation, and service of self-service transaction systems (such as ATMs and currency processing systems), point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets. Currently Diebold Nixdorf is headquartered in the Akron- Canton area with a presence in around 130 countries, and the company employs approximately 23,000 people. Founded in 1859 in Cincinnati, Ohio as the Diebold Bahmann Safe Company, the company eventually changed its name to Diebold Safe & Lock Company. In 1921, Diebold Safe & Lock Company sold the world's largest commercial bank vault to Detroit National Bank. Diebold has since branched into diverse markets, and is currently the largest provider of ATMs in the United States. Diebold Nixdorf was founded when Diebold Inc. acquired Germany's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
