AXON Energy Products acquires Merrick RFID technology

Offshore staff

HOUSTON – AXON Energy Products has acquired the radio frequency identification (RFID) technology and assets of Merrick Systems Inc., through its subsidiary, AXON Tubular Products Inc.

RFID technology allows companies to manage and optimize oilfield assets and equipment used in onshore, offshore, surface, and drilling oilfield operations. Components and assets can be managed throughout their life cycle – from raw material, through manufacturing, distribution, deployment, maintenance, inspection, certification, and redeployment.

The complete visibility into the asset history and usage helps increase operational efficiency, leads to significant cost and time savings, and reduces health, safety, and environmental risks.

AXON’s new RFID team will be led by Daniel Pacheco, president of AXON Tubular Products; and Ian Binmore, vice president of RFID Products.

3/19/2013

Related Articles

Lamprell implements efficiency measures at UAE yards

Aug 27, 2015

Lamprell is investing in automation for some fabrication facilities at its yards in the UAE.

CGG upgrades Norway offshore database

Aug 27, 2015

CGG says its Akon E&P data management solution is now operational for users.

Schlumberger to acquire Cameron

Aug 26, 2015

Schlumberger Ltd. and Cameron have announced a definitive merger agreement in which the companies will combine in a stock and cash transaction valued at $14.8 billion. 

Business Briefs

Aug 19, 2015

GLOBAL DATA

Aug 19, 2015

Trending News

Offshore photo of the day

Maersk Oil gets go-ahead for UK North Sea Culzean project

Aug 31, 2015

The UK Oil & Gas Authority has approved the development of the Maersk Oil-operated high-pressure/high-temperature Culzean field in the UK central North Sea.

Island, Edison Chouest launch newbuild offshore construction vessel

Aug 31, 2015

Island Offshore and Edison Chouest Offshore have launched vessel, Yno 2, at the Ulstein Verft shipyard.

Songa Tryum to drill Sigrun East exploration well for Statoil

Aug 31, 2015

As operator for exploration licenses 025 and 187, block 15/3, southern North Sea, Statoil has received from the PSA approval to drill exploration well 15/3-10 on the Sigrun East prospect using the Songa Tryum floater.

Sandvik Materials wins awards to supply offshore control lines in the Middle East

Aug 31, 2015

Sandvik Materials Technology has won two contracts for offshore control lines for the oil and gas industry in the Middle East.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue
Click to view the Offshore Learning Center

Oil & Gas Jobs

Search More Job Listings >>