Between 2011 and 2012, DSTI invested over a million dollars towards new equipment as signs pointed to industry growth in key markets. The company positioned itself to have the capacity to respond quickly to meet demand driven by industry uptick. [7]
On January 27, 2012, DSTI held a ribbon cutting ceremony to celebrate its recent expansion going from 36,000-square-feet to 80,000-square-feet allowing more space for manufacturing, quality inspection and shipping. [5]
Close to 1,000 people attended the event, including Gov. Mark Dayton, Rep. Tim Sanders, Rep. Peggy Scott, Sen. Michelle Benson, Anoka County Sheriff James Stuart, Anoka County Attorney Tony Palumbo, Anoka County Commission Board Chairperson Rhonda Sivarajah, the entire Andover City Council, and several Andover city staff. [5]
In 2014, DSTI kicked off its ‘Summer of Giving’ by packing 43,000 meals for Feed My Starving Children, a local non-profit dedicated to feeding children and adults worldwide. The company also partnered with the Memorial Blood Center in a one-day blood drive with over 50 percent participation from its employees. [8]
Baker Hughes Company, organized in Delaware and headquartered in Houston, is one of the world's largest oil field services companies. The company provides products and services for oil well drilling, formation evaluation, completion, production, and reservoir consulting. It operates in over 120 countries, with research and manufacturing facilities in Australia, Singapore, Malaysia, India, Dubai, Saudi Arabia, Italy, Germany, Norway, Oklahoma, Louisiana and Missouri. From 2017 to 2020, the company was majority owned by General Electric (GE); however, GE no longer owns a material stake in the company.
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 500 locations across six continents, operating through three reporting segments: Rig Technologies, Wellbore Technologies, and Completion & Production Solutions.
Technip S.A. was a company that carried out project management, engineering and construction for the energy industry; in 2017 it completed a merger with FMC Technologies to form TechnipFMC. Its headquarters were in the 16th arrondissement of Paris. It has about 38,000 employees and operates in 48 countries.
A blowout is the uncontrolled release of crude oil and/or natural gas from an oil well or gas well after pressure control systems have failed. Modern wells have blowout preventers intended to prevent such an occurrence. An accidental spark during a blowout can lead to a catastrophic oil or gas fire.
A blowout preventer (BOP) is a specialized valve or similar mechanical device, used to seal, control and monitor oil and gas wells to prevent blowouts, the uncontrolled release of crude oil or natural gas from a well. They are usually installed in stacks of other valves.
Petron Corporation is the largest oil refining and marketing company in the Philippines, supplying more than a third of the country's oil requirements. It operates a refinery in Limay, Bataan with a rated capacity of 180,000 barrels per day (29,000 m3/d). From the refinery, Petron moves its products mainly by sea to 32 depots and terminals throughout the country.
Rust-Oleum is a manufacturer of protective paints and coatings for home and industrial use. It was founded in 1921 by Robert Fergusson, a sea captain, after he noticed that fish oil spilled on rusty metal decks stopped corrosion from spreading. He soon incorporated whale oil into the formula, although many changes have been made over the years. Rust-Oleum products no longer contain whale oil, instead using resins derived from alkyds, polyurethanes, epoxies, latex, etc.
Subsea technology involves fully submerged ocean equipment, operations, or applications, especially when some distance offshore, in deep ocean waters, or on the seabed. The term subsea is frequently used in connection with oceanography, marine or ocean engineering, ocean exploration, remotely operated vehicle (ROVs) autonomous underwater vehicles (AUVs), submarine communications or power cables, seafloor mineral mining, oil and gas, and offshore wind power.
John Crane is an American company, now a subsidiary of Smiths Group and provider of engineered products and services including mechanical seals, couplings, hydro-dynamic bearings, seal support systems, filtration systems and artificial lift. The company services customers in the energy services sector including production, transmission and storage, refining, power generation, petrochemical, pulp and paper, and mining industries.
Q4000 is a multi-purpose oil field construction and intervention vessel ordered in 1999 by Cal Dive International, and was built at the Keppel AmFELS shipyard in Brownsville, Texas for $180 million. She was delivered in 2002 and operates under the flag of the United States. She is operated by Helix Energy Solutions Group. The original Q4000 concept was conceived and is owned by SPD/McClure. The design was later modified by Bennett Offshore, which was selected to develop both the basic and detailed design.
Helix Energy Solutions Inc., known as Cal Dive International prior to 2006, is an American oil and gas services company headquartered in Houston, Texas. The company is a global provider of offshore services in well intervention and ROV operations of new and existing oil and gas fields.
Efforts to stem the Deepwater Horizon oil spill were ongoing from the time that the Deepwater Horizon exploded on April 20, 2010 until the well was sealed by a cap on July 15, 2010. Various species of dolphins and other mammals, birds, and the endangered sea turtles have been killed either directly or indirectly by the oil spill. The Deepwater Horizon spill has surpassed in volume the 1989 Exxon Valdez oil spill as the largest ever to originate in U.S.-controlled waters; it is comparable to the 1979 Ixtoc I oil spill in total volume released.
'The Queen's Award for Enterprise: International Trade (Export) (2010)' was awarded on 21 April.
Cameron International Corporation though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process industries. Cameron was acquired by Schlumberger (SLB) in 2016, and now operates as 'Cameron, a Schlumberger Company.' At the start of the SLB acquisition in 2015, Cameron employed approximately 23,000 people and delivered $9.8 billion in revenue.
The Helix fast-response system (HFRS) is a deep-sea oil spill response plan licensed by HWCG LLC, a consortium of 16 independent oil companies, to respond to subsea well incidents. Helix Energy Solutions Group designed the Helix fast-response system based on techniques used to contain the 2010 Gulf of Mexico oil spill. On February 28, 2011 the drilling moratorium imposed as a result of the spill ended when the United States Department of the Interior approved the first drilling permit based on the availability of the HFRS to offshore oil companies.
A rotary union is a union that allows for rotation of the united parts. It is thus a device that provides a seal between a stationary supply passage and a rotating part to permit the flow of a fluid into and/or out of the rotating part. Fluids typically used with rotary joints and rotating unions include various heat transfer media and fluid power media such as steam, water, thermal oil, hydraulic fluid, and coolants. A rotary union is sometimes referred to as a rotating union, rotary valve, swivel union,rotorseal, rotary couplings, rotary joint, rotating joints, hydraulic coupling, pneumatic rotary union, through bore rotary union, air rotary union, electrical rotary union, or vacuum rotary union
The Deepwater Horizon oil spill occurred between 10 April and 19 September 2010 in the Gulf of Mexico. A variety of techniques were used to address fundamental strategies for addressing the spilled oil, which were: to contain oil on the surface, dispersal, and removal. While most of the oil drilled off Louisiana is a lighter crude, the leaking oil was of a heavier blend which contained asphalt-like substances. According to Ed Overton, who heads a federal chemical hazard assessment team for oil spills, this type of oil emulsifies well. Once it becomes emulsified, it no longer evaporates as quickly as regular oil, does not rinse off as easily, cannot be broken down by microbes as easily, and does not burn as well. "That type of mixture essentially removes all the best oil clean-up weapons", Overton said.
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry. In July 2017, this division was merged with Baker Hughes.
HWCG LLC is a not-for-profit consortium of deepwater oil and gas companies. HWCG maintains a comprehensive deepwater well containment response model that can be activated immediately in the event of a US Gulf of Mexico subsea blowout. It comprises oil and gas companies operating in the Gulf and incorporates the consortium’s generic well containment plan. HWCG has a healthy mutual aid component whereby HWCG members will respond and support another member’s incident.
OneSubsea is a Schlumberger company, headquartered in Houston, Texas, United States. The company is a subsea supplier for the subsea oil and gas market.
