While the Louisiana Gulf Coast Oil Exposition is a great way for local and domestic oil and gas companies to see the latest in both offshore and onshore drilling technology, it’s also an opportunity to attract buyers from around the globe.
Formed in 2001, LAGCOE’s International Committee has worked to recruit international oil industry buyers and welcome them to Lafayette. In 2003, LAGCOE became part of the U.S. Department of Commerce’s International Buyer Program, which works to bring foreign delegations to the show. This year, all the stars aligned and representatives of the program in Moscow are bringing the first-ever Russian delegation of 18 people, representing six companies.
Chairman of LAGCOE’s International Committee and retired manager of Chevron’s oil and gas operations in the western Gulf of Mexico, Tony Brown says Russia is currently the largest exporter of oil and natural gas in the world. That status, coupled with Lafayette’s reputation as an entrepreneurial oil town, are an obvious match.
“The buyer program has brought attention to Russia and the potential for them to view the latest in equipment and services,” Brown says. “The Russian economy is frankly based a lot on the oil and gas industry, and the industry is going out looking for technology and services that the U.S. might have to offer.”
Read more about this year’s show, set for Oct. 25-27 at the Cajundome, and the Russian delegation’s visit in the next issue of ABiz, which will be out on newsstands and direct mailed to Acadiana’s top decision-makers Oct. 19.
1,595 rigs were exploring for oil and 332 for gas. A year ago there were 1,738 active rigs.
Prestigious honor annually recognizes a single attorney for excellence in public interest/pro bono work.
JPMorgan Chase is giving $1 million to Louisiana's community and technical colleges, to help with workforce training efforts to match students to available jobs.
Law firm unveils newly renovated 200-year-old building.
UL grad named web developer at BBR Creative
Lafayette-based emergency department staffing and management company raises $120 million in senior credit facilities through GE Capital, Healthcare Financial Services.
High-rise apartment building, parking garage, hotel and retail part of new development.
The number of Louisianans with jobs continued to set records in September, but the state's unemployment rate kept rising.
Louisiana is drowning, quickly.
An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion.
Local developer’s Lake Charles Gardens LLC purchases buildings and leases; land still owned by Dugas family.
Economist Loren Scott says Louisiana is in the midst of an industrial boom unlike any other in its history, with more than $100 billion in industrial projects either under construction or in the engineering and design phase.
The Louisiana Treasury holds $18 million in Israel Bonds — bonds that earn 2.868 percent when the three-year U.S. Treasury is yielding 1.08 percent.
ABiz celebrates another class of Acadiana's most influential female trailblazers, the Lourdes Foundation honors a local philanthropist and MedExpress in Opelousas celebrates its 22nd year as the “little ambulance service that could.”
Is Louisiana’s O&G industry ready to head south of the border?
Downtown’s newest live-work space for creatives doubles as a gallery for other upcoming artists to show their work.
A maritime case originating in Lafayette federal court could become a game changer for the oil and gas industry.
Here’s what’s at stake in the November Senate race — regardless of whether Republicans gain control of the upper chamber.
From the publisher’s in-box: ABiz reaches out to Lake Charles, time to “Come Home, Louisiana,” and now accepting nominations for Entrepreneur of the Year.
In late September Cleco and UL Lafayette showed off the Cleco Alternative Energy Center, where researchers explore ways to generate power by using renewable resources.
The most recent promotions, hirings and announcements from Acadiana's biz community.
While Amendments 1 and 2 will shield some health care providers from the budgetary whims of Gov. Jindal, they could make higher ed even more vulnerable to cuts.
Age 60 looks good on the country’s second-largest oil and gas show.
Local pieces and logo-emblazoned corporate gifts
Let’s show how much we care what it looks like.