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Latest Industry Updates

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Latest Update

Fastnet Oil & Gas expands Celtic Sea portfolio with new licence option
27 March, 2015
Fastnet Oil & Gas has expanded its footprint in the Celtic Sea, offshore Ireland, with a new licensing option, and extensions to several...
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News

Oil drops as Middle East supply concerns ease
Friday, March 27, 2015 The price of Brent crude oil fell by over $1 a barrel today, on estimations that the threat of disruption to Middle East supplies due to air strikes in Yemen was...

Shell extends contract to use Helix Energy's Q4000 vessel in US Gulf of Mexico
Friday, March 27, 2015 Shell has extended its contract to use Helix Energy Solutions' Q4000 vessel for well intervention services in the US Gulf of...

Three companies win $2bn Freeport LNG contract in US
Friday, March 27, 2015 A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural gas (LNG) train at Freeport LNG...

Chevron's subsidiary signs PSC for Block A5 in Rahkine Basin, Myanmar
Thursday, March 26, 2015 Chevron's subsidiary Unocal Myanmar Offshore has signed a production sharing contract (PSC) with Myanma Oil & Gas Enterprise (MOGE) to explore for oil and gas in the Rakhine...

Oil prices increase after Saudi Arabia military operation in Yemen
Thursday, March 26, 2015 The price of Brent crude oil increased over 4% towards $59 a barrel on Thursday after Saudi Arabia and its Gulf Arab allies started a military operation in...

UKOG sees hydrocarbon potential on P1916 offshore Isle of Wight M Prospect
Thursday, March 26, 2015 UK Oil & Gas Investments (UKOG) said its initial subsurface analyses of the P1916 offshore licence on the Isle of Wight confirms the potential for significant un-risked hydrocarbon volumes...

Yokogawa Electric to deliver control systems for Petronas’ second floating LNG facility
Thursday, March 26, 2015 Yokogawa Electric has secured a contract to deliver control systems and safety instrumented systems for Petronas' second floating liquefied natural gas (FLNG) facility,...

Brent price drops to $55.11 per barrel as dollar picks up against euro
Wednesday, March 25, 2015 The price of Brent crude dipped with the dollar value, picking up against the euro amid concerns of excess global...

KrisEnergy finds oil and gas pay at Rossukon-2 well in Gulf of Thailand
Wednesday, March 25, 2015 KrisEnergy has encountered oil and gas pay at the Rossukon-2 exploration well in G6/48 in the Gulf of...

Low commodity prices force Chesapeake Energy to reduce 2015 capital budget
Wednesday, March 25, 2015 Chesapeake Energy has reduced its 2015 capital budget from $3.5bn to $4bn for 2015 due to a low commodity price...


News Archive

Press Releases

Mactech Offshore Offers Useful Infographic to Help Clients Determine Offshore Decommissioning Needs and Solutions
Friday, March 27, 2015 by Mactech Offshore Decommissioning an offshore platform can be a costly, complicated and dangerous endeavor. Decommissioning of a platform takes place if it is damaged or once it has reached the end of its...

Spectrex Introduces SharpEye 40/40M Multi IR Flame Detector
Thursday, March 26, 2015 by Spectrex The SharpEye 40/40M Multi IR Flame Detector is unique in being able to simultaneously detect both hydrogen and hydrocarbon...

CR Control Systems LED Light Triumphs Over Extreme Conditions
Wednesday, March 25, 2015 by CR Control Systems CR constantly gathers field data about the performance of its marine signal lanterns....

ABLE Upgrade Odour Monitoring For Thames Water’s Mogden Sewage Treatment Works
Wednesday, March 25, 2015 by ABLE Instruments & Controls Mogden Sewage Treatment Works is the second largest in the UK. It was built between 1931 and 1935 at a cost of £1.7m and covers an area of 55 hectares. More than half of the power used by the...

Successful Installation of RSS Tower in Australia
Tuesday, March 24, 2015 by HydrauRent An extensive gas field has been discovered off the North-West coast of Australia, in the Timor Sea. To mine this liquid natural gas a floating, semi-submersible platform was...

Elia Selects Nexans’ Proven Cable Expertise for Stevin Project to Reinforce Belgium’s High-Voltage Grid
Tuesday, March 24, 2015 by Nexans Norway The 380kV Stevin project aims to upgrade the electricity grid between Zomergem and Zeebrugge. This grid expansion is key to securing Belgium's future electricity supplies, especially in the...

DNV GL Updates Two Recommended Practices for the Pipeline Sector
Monday, March 23, 2015 by DNV GL Across the oil and gas industry, life extension of assets and infrastructure is an increasingly important issue for operators as they look to balance the integrity, safety and productivity of...

VSMPO Titan Launch Slitter and New Welding Lines
Monday, March 23, 2015 by VSMPO Titan Scandinavia We are pleased to announce the expansion of product range, as well as the launch of slitter and new welding lines at VSMPO Titan Ukraine production facility to service the power...

EcoClean Rig Wash Achieves SIRIM Eco-Label
Monday, March 23, 2015 by Global Solutions Global oil and gas chemicals manufacturer, Global Solutions is pleased to announce they have received the SIRIM QAS International Eco-Label certification for its biodegradable Rig Wash and...

Pentair Launches Enhanced Versions of Raychem XTV and KTV Heat-Tracing Cables
Monday, March 23, 2015 by Pentair Thermal Management Global leader in industrial heat-tracing solutions Pentair is launching enhanced versions of Raychem XTV, HXTV and KTV industrial heat-tracing cables....


Press Release Archive

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