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Latest Industry Updates

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Latest Update

Aker Oilfield Services secures $465m contract from Petrobras
16 September, 2014
Aker Oilfield Services (AKOFS), a subsidiary of Aker Solutions, has secured a $465m contract from Petrobras to provide subsea intervention services offshore...
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News

Mitsubishi to acquire 20% stake in Ivory Coast offshore oilfield
Tuesday, September 16, 2014 Mitsubishi has agreed to acquire a 20% ownership interest in an offshore oilfield offshore Ivory Coast from Anadarko...

Oil trades below $98, recovering from two-year low
Tuesday, September 16, 2014 The price of Brent crude traded at just below $98 a barrel on Tuesday, recovering from its decline to a two-year low; however, the price was capped by soft demand and weak economic...

Brent declines below $97 on weak Chinese economic data
Monday, September 15, 2014 The price of Brent crude oil traded below $97 per barrel on Monday amid weak Chinese economic...

Fox Petroleum plans to build FSRU LNG terminal in Karnataka, India
Monday, September 15, 2014 Fox Petroleum has unveiled its plans to construct a floating storage regasification unit (FSRU) liquefied natural gas (LNG) terminal in the state of Karnataka,...

Statoil to sell several Norwegian assets to Wintershall
Monday, September 15, 2014 Statoil has agreed to sell several of its Norwegian oil and gas assets to Wintershall for...

Price of Brent crude touches above $98 a barrel
Friday, September 12, 2014 The price of Brent crude oil stood above $98 a barrel, indicating that the market has rebounded following a two-year...

Statoil starts production at two North Sea oil fields
Friday, September 12, 2014 Norwegian oil and gas firm Statoil has started production at its Fram H-North and Svalin C fields in the North...

Technip wins contract to develop Kodiak field in Gulf of Mexico
Friday, September 12, 2014 French engineering and construction firm Technip has secured a contract from Deep Gulf Energy II to develop the Kodiak field in the Gulf of...

Brent declines below $98 on continued supply worries
Thursday, September 11, 2014 The price of Brent crude fell below $98 a barrel on Thursday due to concerns of excess supplies and weak worldwide demand amid geopolitical tensions in the Middle...

Dana Gas secures $100m financing for Zora offshore gas field
Thursday, September 11, 2014 Dana Gas has secured $100m of financing to develop the Zora offshore gas field in the northern part of the...


News Archive

Press Releases

Optimised Plant Construction Industry Solution Experience to Enhance Project Delivery Performance
Wednesday, September 17, 2014 by Dassault Systemes Dassault Systèmes, the 3DEXPERIENCE Company, world-leader in 3D design software, 3D digital mock-up and product lifecycle management (PLM) solutions, announced that Cairn India, one of the...

Quality and Cost Considerations for Applying Hardbanding on New Drill Pipe vs Reapplications
Tuesday, September 16, 2014 by Postle Industries Hardbanding drill pipe with trusted hardbands, such as Duraband® NC or Tuffband® NC from Hardbanding Solutions by Postle, has been shown to decrease drilling costs and downtime while...

Cablesafe: Simplicity in Safety
Tuesday, September 16, 2014 by Westmark Cablesafe contributes to a safe workplace. It is easy to suspend cables, wires and hoses with the hooks' simple, effective...

Sica and Lean Manufacturing: a Greater Advantage for Clients
Tuesday, September 16, 2014 by SICA The continuing growth of Sica has always been marked by its sensitivity to the requirements of the market and its commitment to improving its service to customers....

Source Energy Services Enlists Legacy Building Solutions to Construct Large Frac Sand Facility
Monday, September 15, 2014 by Legacy Building Solutions Hydraulic fracturing, or fracking, is a major buzzword within oil and gas production in the US and Canada...

BPL's Accreditation Hat-Trick
Monday, September 15, 2014 by Beck Prosper July has been a busy month for Beck Prosper Ltd (BPL), as we have achieved the goals set for 2014 in obtaining OHSAS 18001:2007 Occupational Health and Safety Management System, and...

Emergency Response for Helicopter Salvage
Monday, September 15, 2014 by Rotrex Winches Late in the afternoon on 19 February, Rotrex Winches was contacted by our customer to attend site urgently and carry out inspections and tests of winches and associated lifting equipment onboard...

ELA Container Offshore at WindEnergy 2014
Friday, September 12, 2014 by ELA-Container From 23 to 26 September 2014, ELA Container is exhibiting at WindEnergy in...

MSA’s Chillgard RT Refrigerant Monitor Detects Gas Down to 1ppm
Friday, September 12, 2014 by MSA Why monitor...

Thermtech at Rio Oil & Gas 2014
Friday, September 12, 2014 by Thermtech Please visit us at Rio Oil & Gas 2014, in Rio de Janeiro, Brazil, 15-18...


Press Release Archive

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