CETCO Oilfield Services broke ground on an $8 million Iberia Parish facility this week that will house its new coiled tubing division. Once built, the Hwy. 90 operation, located next to National Oilwell Varco, will add 60 employees to its workforce, which has grown to about 190 in the past two years.
Additionally, the project will employ 40 people during construction.
Although CETCO is a subsidiary of publicly traded AMCOL International Corp. of Hoffman Estates, Ill., local professionals are being used on the project: the contractor is J.B. Mouton Inc., developer is Paul Beaullieu, and The Duplantis Design Group is the architectural firm. The new build coincides with additional expansion of CETCO’s training facility in Broussard.
The 33,000-square-foot Iberia Parish facility includes a new office, warehouses and 6 acres of laydown yard.
Headquartered in Covington, CETCO offers solutions and services for all phases of worldwide oilfield production. In addition to coiled tubing, it provides water treatment, well testing, pipeline and nitrogen services.
The hip little River Ranch shop will open in the Acadiana Center for the Arts in time for the September ArtWalk.
Lafayette’s first-ever Whole Foods Market will open its doors in September.
"Although the administration is moving forward with climate change regulations at home, we don't consider how policy decisions in the United States impact greenhouse gas emissions in other parts of the world," says Roger Martella, the former general counsel at the Environmental Protection Agency under President George W. Bush.
Louisiana agriculture officials say prices for long-grain rice are projected to drop this year.
First-time claims for unemployment insurance in Louisiana for the week ending July 19 decreased from the previous week's total.
A judge is getting ready to set a new trial date for a former BP executive charged with obstructing a congressional investigation into the 2010 Gulf of Mexico oil spill.
Midsouth Bank has released its second quarter earnings report, showing a year-over-year increase for shareholders.
The parent of Investar Bank says its second-quarter earnings fell to $1.1 million or 26 cents a share from $1.7 million of 44 cents a share in the same period a year ago.
1,554 rigs were exploring for oil and 315 for gas. Two were listed as miscellaneous. A year ago there were 1,770 active rigs.
Most personal auto insurance policies exclude coverage when people charge money to drive others in their personal vehicles.
Louisiana's 21 casinos took in $203.5 million statewide in June, edging up one-half of a percentage point from a year earlier.
Business First Bank has announced plans for a Baton Rouge market expansion through a merger deal with American Gateway Financial Corp.
Mellow Mushroom Pizza Bakers opens on Johnston.
Acadiana's Top 50 Private Companies
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By launching a Super PAC to end all Super PACs, our Top 50 keynote speaker hopes to change the game in Washington.
Oil Center-based private facility extends its offerings with special events venue in failed women’s store.
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How the U.S. has gotten itself into another fine mess