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Latest Industry Updates

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Latest Update

Brent crude oil drops to $86 amid news of first Ebola case in New York, US
24 October, 2014
The price of Brent dropped towards $86 a barrel on Friday after conformation of the first Ebola case in New York,...
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News

Chevron unveils new oil discovery at Guadalupe prospect in US Gulf of Mexico
Friday, October 24, 2014 Chevron has announced a new oil discovery at the Guadalupe prospect in the deep-water US Gulf of...

Norway's high tax challenging commercial viability of Arctic oil opportunities: GlobalData analyst
Friday, October 24, 2014 The high tax burden in Norway is challenging the commercial viability of Arctic oil opportunities, compared with Russian, Canadian and US Arctic fiscal regimes, according to an analyst...

Shell finds gas at Leopard-1 well offshore Gabon
Thursday, October 23, 2014 Shell has made a deepwater gas discovery at its Leopard-1 well in license BCD10, offshore Gabon in West...

Statoil discovers more oil near Grane field in North Sea
Thursday, October 23, 2014 Norwegian energy firm Statoil has discovered between 30 million and 80 million barrels of recoverable oil near its operating Grane field in the North...

Brent steadies above $86 on expectations of increase in oil demand
Wednesday, October 22, 2014 The price of Brent crude futures steadied above $86 a barrel today on expectations that oil demand may lift in the near term....

McDermott to support Bukit Tua development project in Indonesia
Wednesday, October 22, 2014 McDermott International has won a contract from Petronas subsidiary PC Ketapang II to support the Bukit Tua development project in the Ketapang block of East Java, Indonesia....

Ophir Energy flows gas at Fortuna-2 well in Equatorial Guinea
Wednesday, October 22, 2014 UK-based exploration firm Ophir Energy has flowed gas at the Fortuna-2 well in Block R, Equatorial Guinea....

Jurong Shipyard to support TEN development project, offshore Ghana
Tuesday, October 21, 2014 Jurong Shipyard, a subsidiary of Sembcorp Marine, has secured a contract from MODEC Offshore Production Systems to support the TEN development project in Ghana, which is expected to cost...

Oil price approaches $86 amid increase in Chinese oil demand
Tuesday, October 21, 2014 The price of Brent crude increased to around $86 a barrel on Tuesday following the rise of oil demand in...

Xcite Energy signs MOU with Baker Hughes for Bentley field
Tuesday, October 21, 2014 Xcite Energy Resources has signed a memorandum of understanding (MoU) with Baker Hughes for the Bentley field, located in the UK section of the North...


News Archive

Press Releases

PROCINT Pumps
Friday, October 24, 2014 by PROCINT PROCINT is the exclusive global sales office for S&K Supply API 674 plunger pump...

PROCINT Heat Exchangers
Friday, October 24, 2014 by PROCINT PROCESS PROCINT knows the special demands on applications for heat exchangers in the oil and gas...

TwinZapp Launch at ATCE
Thursday, October 23, 2014 by Parker Twin Filter Guarantee overboard discharge quality and potentially increase gas production volumes using the new TwinZapp oil and water emulsion separation...

ELA Container to Exhibit at Offshore Energy 2014 in Amsterdam
Thursday, October 23, 2014 by ELA-Container ELA Container is participating at Offshore Energy in Amsterdam on 28-29 October...

Orga Installs Circle-H Helideck Lighting on North Sea Platform
Thursday, October 23, 2014 by ORGA Orga Offshore has installed its innovative touchdown/positioning marking (TD/PM) circle and heliport identification LED lighting system, Circle-H, on a North Sea offshore...

Zenitel Awarded Global Frame Agreement for Public Address and General Alarm Systems by Statoil
Thursday, October 23, 2014 by Zenitel Zenitel Norway has been awarded a global frame agreement by Statoil Petroleum, for the delivery of systems for public address and general alarm...

New SafEye 950 and 960 Toxic Gas Detectors
Tuesday, October 21, 2014 by Spectrex Spectrex has released the latest additions to the SafEye open path gas detector range. The 950 and 960 series detectors discover toxic hydrogen sulfide gas and ammonia gas, with path lengths of...

Allseas Pieter Schelte Test Frame
Tuesday, October 21, 2014 by SPT Offshore Allseas has awarded the testing of the lift system for the Pieter Schelte to the joint venture of SPT Offshore and Volker Steel and...

JDR Wins Hybrid Power Steel Umbilical for North Sea
Tuesday, October 21, 2014 by JDR Cable Systems JDR has been awarded a contract for the design and manufacture of a hybrid power steel umbilical for the Ravn field development in the North Sea, from natural gas company Wintershall Noordzee...

Asian Offshore Services Capture Big European Cabin Modules Project
Monday, October 20, 2014 by Asian Offshore Services Asian Offshore Services (AOS) have been offered an exclusive project from Jack-Up Barge to build a large fleet of 100 modular living quarters cabins, for additional temporary living quarters on...


Press Release Archive

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