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Paramount maintains a large selection of pipe handling tools, equipment, and parts in order to rapidly meet our customer’s requirements and expectations. 

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Authorized distributor of Forum Energy Technologies / Access Oil Tools (AOT) pipe handling tools, equipment, and parts.

Forum Energy Technologies

Rigzone.com: Latest Headlines

Oil and Gas Journal: Drilling News

  • Shell Offshore Inc. will construct and fabricate a simplified host design and subsea infrastructure for Vito, a deepwater development covering four blocks in the Mississippi Canyon area of the Gulf of Mexico. The development will consist of eight subsea wells with deep (18,000 ft) in-well gas lift and is expected to begin production in 2021. 

  • In another sign of deterioration of Venezuela’s oil and natural gas industry, Halliburton Co. is writing down its remaining investment in the economically distressed member of the Organization of Petroleum Exporting Countries. 

  • A ConocoPhillips-led group developing Barossa gas field, in the eastern Timor Sea about 300 km north of Darwin, has reached an agreement to begin the front-end engineering and design stage of development with the initial aim of backfilling the Darwin LNG project.