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Latest Update

Deals this week: Lundin Norway, Nordic American Tankers, Lundin Petroleum
06 May, 2016
Lundin Norway AS has announced that it will acquire an additional 15% stake in the Edvard Grieg oil field in the Norwegian North Sea and associated pipeline assets from Statoil Petroleum...
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News

GE unveils new ultrafiltration membrane for oil and gas sector Friday, May 06, 2016 US-based GE has unveiled a new water treatment technology called ZeeWeed 700B for the offshore oil and gas industry....

Report: Outlook of key planned offshore projects up to 2025 Friday, May 06, 2016 The upstream oil and gas industry is expected to benefit globally through 239 planned offshore crude and natural gas projects starting by 2025, according to a new report by GlobalData....

Xodus to provide engineering studies for Lundin’s developments offshore Norway Friday, May 06, 2016 Xodus Group has secured a contract to provide engineering studies and verification services for Lundin Norway's developments on the Norwegian Continental Shelf....

BOS, Saipem and Star Gulf win $1.5bn contract for Azerbaijan's Shah Deniz project Thursday, May 05, 2016 A consortium involving BOS Shelf, Saipem and Star Gulf has secured a $1.5bn contract for Shah Deniz stage 2 project in Azerbaijan....

Keppel acquires Cameron’s offshore product division Thursday, May 05, 2016 Keppel Offshore & Marine (Keppel O&M) has completed the acquisition of US-based Cameron International's marine product division....

Oil prices plunge due to rise in US crude stocks Thursday, May 05, 2016 There has been a fall in oil prices following a 2.8 million barrels increase in US crude inventories....

Lundin to acquire Statoil's 15% interest in Edvard Grieg field offshore Norway Wednesday, May 04, 2016 Lundin Petroleum has signed agreements to acquire Statoil Norway's entire 15% interest in the Edvard Grieg field in PL338 located offshore Norway....

Oil prices rise as wildfire in Canada leads to production drop Wednesday, May 04, 2016 Oil prices have increased due to a fall in production following an wildfire near production sites in Canada....

Schlumberger launches high-pull wireline conveyance system for oil and gas industry Wednesday, May 04, 2016 US-based oilfield services company Schlumberger has launched the MaxPull high-pull wireline conveyance system, which can be used in the oil and gas industry....

Chevron to resume production from Australia’s $54bn Gorgon project Tuesday, May 03, 2016 Chevron is expecting to resume production from its $54bn Gorgon liquefied natural gas (LNG) project offshore Australia this month after recently being closed due to mechanical issues....

News Archive

Press Releases

Volga-Dnepr Transports Over 190 Tonnes of Cargo in First ‘Season’ Of Antarctic Airfield Operations Thursday, May 05, 2016 by Volga-Dnepr Airlines Volga-Dnepr Airlines first-ever 'season' of cargo flights to Antarctica transported more than 190t of cargo to support the new DROMLAN international Antarctic project supported by...

Drillereye to Demonstrate Video Surveillance Solutions at OTC 2016 Thursday, May 05, 2016 by Drillereye We are pleased to inform you that DRILLEREYE solutions for RIG's video surveillance will be shown at OTC 2016 exhibition, on the DRILLMEC booth...

Specialist Services Achieved Five Million Man-Hours without Lost Time Injuries Wednesday, May 04, 2016 by Specialist Services Specialist Services Group has announced their recent achievement of impressive five million man-hours of work in their UAE facilities without lost time...

SSAB Introduces Strenx 700 OME Performance Steel That Meets ABS, DNV-GL and Lloyds Register Classification Rules Tuesday, May 03, 2016 by SSAB Strenx 700 OME from SSAB provides the offshore industry with new opportunities to save weight and reduce welding...

Handling with Care: Protea Extends Personnel Lift Product Range Friday, April 29, 2016 by Protea Protea is well-known for delivering high-quality handling equipment, including cranes, winches, and launch and recovery systems for the offshore and onshore energy...

PetroHab™ Launching Innovative ATEX Certified Automatic Shut Down System at Offshore Technology Conference in Houston, Texas Friday, April 29, 2016 by PetroHab PetroHab, the world's premier provider of hot work safety enclosures (HWSE), is pleased to announce the official launch of its state-of-the-art ATEX certified Safe-Stop™ automatic shutdown...

Raccortubi at Houston OTC2016 Thursday, April 28, 2016 by Raccortubi Group From 2 to 5 May, Raccortubi Group will be making its debut appearance at the OTC in Houston....

Wilkens Weather Releases New iOS Mobile App Tools with Real-Time, Site-Specific Tracking of Global Tropical Cyclones Wednesday, April 27, 2016 by Wilkens Weather Technologies Just in time for the 2016 Atlantic Hurricane season, Wilkens Weather Technologies (WWT) has released a new version of its iOS mobile...

Volga-Dnepr Carries Massive ‘Ball Valve’ to India Wednesday, April 27, 2016 by Volga-Dnepr Airlines A large, 30t spherical ‘ball valve’ with atypical dimensions required the design and manufacture of a special frame by Volga-Dnepr to ensure its safe transportation from Milan, Italy, to...

3B Filters to attend OTC 2016 in Houston Wednesday, April 27, 2016 by 3B Filters 3B Filters will be present at the OTC this year, held between 2 and 5 May in Houston, Texas, US....

Press Release Archive

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