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Latest Industry Updates

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Latest Update

Crude prices fall as Saudi Arabia-Venezuela talks show little progress
08 February, 2016
Crude oil prices have fallen after talks between Saudi Arabia and Venezuela showed no signs of significant steps needed to stabilise the crude market that is increasingly strained by the...
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News

EU approves Schlumberger's acquisition of Cameron for $14.3bn Monday, February 08, 2016 The European Commission has unconditionally approved oilfield services company Schlumberger’s proposed acquisition of the US-based equipment manufacturer Cameron International for $14.3bn....

Explosion at Pemex’s offshore Abkatun platform in Gulf of Mexico kills two Monday, February 08, 2016 Two workers have been killed and eight have been injured after a fire on Mexican oil company Pemex’s offshore Abkatun A Permanente processing platform in the Gulf of Mexico....

Total begins production from Laggan and Tormore in West of Shetland, UK Monday, February 08, 2016 Total has started gas production from the Laggan and Tormore fields in 600m of water in the West of Shetland area, UK....

BHP Billiton selects Fugro for Pyrenees project offshore Australia Friday, February 05, 2016 BHP Billiton Petroleum has selected Fugro to provide services for its Pyrenees Phase III installation project offshore in Western...

Crude oil prices remain steady as Asian liquidity fades due to Lunar holiday Friday, February 05, 2016 Crude oil prices remain steady as liquidity in Asia faded ahead with many countries in the region set to celebrate Lunar New Year holiday....

Sixteen firms to bid for Uganda oil exploration licence near Lake Edward Friday, February 05, 2016 The Ugandan Government has granted approval to 16 companies to bid for oil exploration rights for six blocks in an environmentally sensitive area around Lake Edward....

Statoil awards Nkr1.6bn of contracts for North Sea fields Friday, February 05, 2016 Statoil has awarded Nkr1.6bn ($187.6m) worth of contracts for operations at Oseberg Vestflanken 2, Johan Sverdrup and Gina Krog fields in Norway. ...

GE launches project with Statoil and Total to develop subsea boosting system Thursday, February 04, 2016 UK-based GE Oil & Gas has launched a joint industry project (JIP) with Statoil, Total, and two other operators to develop a new subsea boosting system....

Hyundai and Doosan to localise equipment for offshore plants Thursday, February 04, 2016 South Korea-based Hyundai Heavy Industries (HHI) has signed a memorandum of understanding (MoU) with Doosan Heavy Industries & Construction (DHIC) and Center for Creative Economy & Innovation...

Oil prices rise due to slide in dollar and talks of oil producers’ emergency meeting Thursday, February 04, 2016 Oil prices have extended gains due to the market being lifted by a slide in dollar value and a potential meeting of oil producers to discuss production cuts....

News Archive

Press Releases

DAMM to Attend TETRA in Botswana Tuesday, February 09, 2016 by DAMM Cellular Systems TETRA in Botswana is a mini conference and exhibition showcasing the latest TETRA and critical communications applications and...

ABLE To Offer Flare Gas Meter Verification Services Monday, February 08, 2016 by ABLE Instruments & Controls As a feature of their soon to be completed state-of-the-art training facility, Reading-based ABLE Instruments & Controls will be unveiling a verification loop for flare gas meters using...

AVEVA Supports Fabricom on Major Brownfield Project Friday, February 05, 2016 by AVEVA Solutions AVEVA laser and 3D design software integral to oil and gas offshore facility...

2016 is Now Well on the Way Friday, February 05, 2016 by TechNed Benelux 2016 is now well on the way and the prospects are more interesting than ever. For this year, we have high expectations and the first projects have already been awarded to...

Red Rooster to Exhibit at AOG 2016 Friday, February 05, 2016 by Red Rooster Industrial (UK) UK lifting equipment Red Rooster will be attending the forthcoming AOG 2016 Conference and Exhibition in Perth, Australia, between 24 and 26...

Thermtech to Supply Equipment to Local Waste Management Firm Thursday, February 04, 2016 by Thermtech Local waste management company CIC Environmental Services Sdn Bhd (CIC) signed an agreement with a Norwegian technology firm Thermtech AS for the supply of environmental treatment equipment for...

i-Tech Awarded Long-Term Contract with BP Australia Thursday, February 04, 2016 by i-Tech i-Tech is pleased to announce that it has been awarded a contract for drill support ROV services by BP...

Sulzer’s Apprentice Scheme Delivers Much-Needed Skills Thursday, February 04, 2016 by Sulzer Pumps Sulzer's Birmingham Service Centre is tackling a local skills shortage by continuing to invest in apprentices that are keen to learn new skills, as well as working towards full-time employment in...

Permasense Increases Global Reach with Asia-Pacific Base Wednesday, February 03, 2016 by Permasense Permasense, the leading provider of corrosion and erosion monitoring solutions to the global energy industry, has opened a base in Kuala Lumpur, Malaysia to serve the Asia-Pacific region....

Cathie Associates to speak at OPT 2016 on Geotechnics of Pipeline Uplift Wednesday, February 03, 2016 by Cathie Associates Cathie Associates' Bruno Stuyts will be speaking at the forthcoming OPT 2016 in Amsterdam, the Netherlands, on 24 February....

Press Release Archive

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