Houston, Texas-based Ethos Offshore US has filed for Chapter 7 bankruptcy after acknowledging that it would not likely be able to pay its debtors. The Chapter 7 filing with the Southern District of Texas court notes that the bankruptcy process will liquidate all of the firm’s assets, and the proceeding…
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.