VMEAP Awarded EPC Contract for Supply of Topside Modules for ONGC KG DWN 98/2 FPSO Project
VMEAP has been awarded a contract from SPOG for 5 Modules: M40 Produced Water Treatment Module M51 Seawater treatment Modules M53 Chemical Injection Module M54 Hydrocarbon Dewpoint and Gas Dehydration Modules M90 Metering Laydown Module Bumi Armada/SPOG is providing an FPSO to ONGC which plans to develop the New Exploration Licensing Policy (NELP) for Block […]
Texas Mutual Insurance Safety Award
In late August 2019, VME was awarded the Platinum Safety Partner Award from Texas Mutual Insurance Company. This award is only given to 200 businesses out of 72,000 policy holders across Texas. VME provides the resources necessary to protect employees from workplace hazards. This is reflected by VME’s outstanding safety record. The whole shop celebrated […]
VME Process Asia Pacific has been awarded a contract from OIL INDIA Ltd
VME Process Asia Pacific has been awarded a contract from OIL INDIA Ltd to supply a Modular Process Package to two oil and gas collecting stations in East Khagorijian and Nadua Fields (located in a remote area of Assam state in Eastern India). The completed equipment will weigh in at 670 tons and will have […]
VME Lands Contract for North Sea Redevelopment Project
NOVEMBER 14, 2018 (TYLER, TX) – VME has been awarded a contract from McDermott Asia Pacific Sdn Bhd for a Gas Dehydration and Glycol Regeneration Package. The completed equipment will weigh in at 170 tons and will have a gas capacity of 390 MMSCFD. “This project will be fully constructed at VME’s Batam, Indonesia Fabrication Facility […]
VME’s U.S. Operating Division Posts Record Quarter
July 18, 2018 (TYLER, TX) – VME announced record-setting growth and performance for Q2 2018 today for the U.S. Operating Division. The company recorded triple-digit revenue and earnings growth over the same period in 2017 by expanding its customer base and its manufacturing capacity utilization. Greg Jean, Vice President said, “Our upstream customer needs have shifted […]
VME Modularized Well Site Equipment Heading to Colorado, West Texas
APRIL 6, 2018 (TYLER, TX) – Energy equipment company VME continues to gain share in the growing U.S. market for modularized well site construction. Over the last six months, VME has expanded the utilization of their Texas fabrication facility to meet increasing demand, substantially growing their employment of skilled trades and moving to a multi-shift work schedule. While […]
VME Part of History in Molten Sulphur Offloading
November 7, 2017 (TYLER, TX) VME took part in the completion of the first-ever offloading of molten sulphur from an offshore facility to a specialized tanker last week. The Karapan Armada Sterling 3 (KAS3) FPSO, operated by Bumi Armada of Malaysia, carried out the operation which stripped the hydrogen sulfide (H2S) from the sour gas […]
VME Lands Contract for Multiple Sites in Permian
June 13, 2017 (TYLER, TX) – Energy equipment company VME has recently been awarded contracts for multiple modularized wellsite facilities. The company’s North Texas fabrication facility will provide full wellsite piping, pipe racks, separation, measurement, and fluid transfer systems for a multi-well pad drilling program. Compared to traditional wellsite construction methods, VME uses […]
VME Steps Up as United Way Community Pillar
April 26, 2017 (TYLER, TX) VME has joined the ranks of other local businesses, known as Community Pillars, to ensure that the maximum percentage of donations given to the United Way of Smith County go directly to the people served. VME employees have been participating in United Way giving since 2015. Now the company’s SHARE Team (Simply […]
VME Earnings Up 3 Years in a Row Despite Industry Downturn
March 2, 2017 (TYLER, TX) – VME has announced that three-year earnings from 2014 through the end of 2016 continue to exceed expectations. The company demonstrated solid execution of its backlog in 2016, capping a streak of increased profitability in the face of low oil prices. President & CEO Michael Thomas said, “We are pleased […]