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11 December 2016
Industry News

Deals this week: Mitsui Oil Exploration, Rosneft, John Wood Group
Mitsui Oil Exploration Co. Ltd., a subsidiary of Mitsui & Co. Ltd., has agreed to acquire a 20% stake each in Kaikias and Circius fields located in the Mississippi Canyon of Gulf of Mexico, from Shell Offshore Inc.

Faroe Petroleum completes acquisition of Norwegian North Sea assets
Faroe Petroleum has announced the completion of previously announced acquisition of interests in five oil and gas fields located in the Norwegian North Sea.

Israel approves Energean’s acquisition of two offshore gas fields
The Petroleum Council of Israel has approved Energean’s complete acquisition of Karish and Tanin Natural Gas Fields from Delek Drilling and Avner.

Crude oil trades above $50 but doubts over OPEC deal potentiality continues
Oil prices were steady around $50 a barrel after a week of turmoil though doubts against OPEC production cuts effectiveness persisted among investors.

Press Releases

Time and Attendance Solution for 4,000 Workers for the Oil & Gas Industry Provides Instant Payback
Consolidated Contracting Company (CCC), the largest construction company in the Middle East, have installed a time and attendance solution from IDENTEC SOLUTIONS to help manage the 4,000 workers working at a gas production plant they are constructing for PDO OMAN.

Citisafe Adds New Products from Arizona Instruments
CitiSafe Pte Ltd is pleased to announce new additions to our products and services with Arizona Instruments.

ATLAS North America Achieves ISO 9001 Certification
Atlas North America (ANA) is pleased to announce the attainment of a major milestone in the brief history of the company.

Safer Systems: SAFER One RT™
Make smarter decisions instantly. Intelligently track unplanned chemical releases with the world's only real-time plume dispersion modeling solution.

BlueCielo Meridian360 Portal Provides Key Engineering Capabilities to Solve Complex Challenges
Discover the solution that leverages the power of BlueCielo Meridian in combination with the Microsoft Azure cloud platform to improve engineering collaboration and reduce costs.

White Papers

Scanmatic Introduces New Multi Positioning System
It is an extremely accurate GPS based system developed for Nato FORACS for verification and calibration of the navigation systems and target acquisition systems for Navy vessels, submarines...

Service Solutions for the Oil and Gas Industry
Customized and innovative service solutions help you to reduce maintenance time and cost, and improve the efficiency and reliability of your equipment....

Dyneema® Fiber Does Double Duty to Tow and Tie Up Stricken Modern Express
Two maritime leaders both choose high-strength, lightweight ropes made with Dyneema® for their respective roles in a dramatic salvage...

Cutting-Edge Pumping Solutions for the Oil and Gas Industry
Sulzer, with 180 years of experience and expertise, is a world leader in the oil and gas industry. We provide state-of-the art pumping solutions for oil and gas production,...

Retrofit Solutions: Give Your Pump a Second Life
The retrofit market has been booming over the past years. New environmental regulations, tougher competition for more efficient and reliable equipment and technological advances contributed...

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