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Haynesville Shale News

28 Shreveport-area oil service employees losing jobs

SHREVEPORT, La. — A corporation that provides services for the oil and gas industry is laying off 28 employees at its Shreveport facility. Baker Hughes notified the state of the layoffs in a letter late last week. A copy was released Monday by Louisiana’s labor department. The company said the layoffs are the result of cutbacks in exploration, drilling and ...

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Bayou Companies to expand at Port of Iberia

NEW IBERIA, La. — Another oil and gas service company will expand operations at the Port of Iberia. The Advocate reports (http://bit.ly/1EYV8h1 ) Bayou Companies is embarking on $39 million in upgrades to the pipe-coating facility at the port. The upgrades will provide specialty anticorrosion coating for deepwater pipelines in the Gulf of Mexico. A new facility will use state-of-the-art ...

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Entergy units in La. to be merged, after PSC approval

BATON ROUGE, La. — Louisiana utility regulators agreed Wednesday to merge two subsidiaries of New Orleans-based Entergy Corp. into one company that provides electricity to more than 1 million customers around the state. The Public Service Commission voted 4-1 for the consolidation of Entergy Louisiana and Entergy Gulf States Louisiana. The single utility company, with over $16 billion in assets, ...

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Katrina and the next crisis

The following editorial appeared in the Chicago Tribune on Monday, Aug. 24: On Aug. 29, 2005, Hurricane Katrina made landfall over southern Louisiana, causing unprecedented destruction along the Gulf Coast and in New Orleans. Ten years later, what can we say we learned? The Gulf Coast survived. New Orleans survived. Yet the scars run deep _ not only for the ...

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Institute scores $4 million in Transocean settlement, but can’t spend it on rickety research vessel

ST. PETERSBURG — U.S. Sen. Bill Nelson announced Monday that the Florida Institute of Oceanography is getting $4 million to conduct more research on the impact of the 2010 oil spill on the Gulf of Mexico. But there’s a catch. None of that money, Nelson said, can be used to fix or replace FIO’s 45-year-old R/V Bellows, which is the ...

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