Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide ...
Tags: oil, gas, Metallurgy, Mineral, Energy
Smith Flow Control has recently received an Award from the Jasmine Project for its support and supply to the Jasmine Offshore Oil Field in the North Sea. First discovered in 2006, Jasmine Field is considered to be the UK's largest ...
Tags: oil, gas, Metallurgy, Mineral, Energy
China will encourage more e-commerce to try to bring online retail sales up to 10 percent of the total retail sales of consumer goods, according to the Ministry of Commerce (MOC) on Thursday. China will expand e-commerce, with a focus on ...
Tags: E-commerce, B2B, Online Store
ACE Group announced the launch of a new insurance solution for contractors and suppliers as it expands its offering to the offshore oil and gas sector. “ACE Offshore”, which has been enhanced in response to direct feedback from ...
Tags: Gas Industry, Oil Industry, ACE
When a Chinese engineering firm sets off to build a road or a dam in a distant country, a Chinese bank is usually not far behind them. Bank branches bearing Chinese characters can be found on the streets of Lima and Warsaw, as well as Paris ...
A group of scientists and experts requested by Congress to assess the total damage caused by the BP oil spill in the Gulf of Mexico in April 2010 have said the government's current methods of putting a price tag on the most sweeping ...
Tags: US, government, whitewashed, economic damage, BP, oil, spill
Just days after the publication of a study finding that chemical dispersants meant to clean up the 2010 Deepwater Horizon oil spill in the Gulf of Mexico actually made the oil more toxic, a study in Environmental Science & Technology ...
DNV GL is initiating a Joint Industry Project (JIP) to provide guidance on an alternative means of personnel transfer onto offshore installations. The “Walk to Work” (W2W) approach, where offshore installations are manned from ...
Tags: DNV GL, industry, Walk to Work, JIP
Sonde Resources Corp. ("Sonde") (TSX: SOQ) (NYSE MKT: SOQ) announced today that the North Africa farm-out agreement with Viking Exploration and Production Tunisia Limited ("Viking") has been terminated. Under the terms of the Assignment ...
Tags: Sonde, termination, Viking, farm-out, North Africa
Dana Gas, the Middle East’s leading regional private sector natural gas company, announced today that Adyard Abu Dhabi, a subsidiary of Interserve plc, has been awarded a $17 million contract for the fabrication of an offshore ...
OGN Group, the North East-England offshore engineering, procurement and construction (EPC) specialist, has secured a multi-million pound contract with independent UK oil and gas development and production company EnQuest, which will lead to ...
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced today that EnQuest Heather Limited together with EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical ...
The Gazprom Management Committee took note of the information concerning the progress with the South Stream gas pipeline construction. It was pointed out that the project was advancing steadily. Intensive efforts are being made in all of ...
Tags: Gazprom, South Stream, advancing
Seadrill Limited announced today that it has entered into an agreement to acquire the company that owns the yard construction contract of the newbuild high specification jack-up rig Prospector 3 from Prospector Offshore for a total purchase ...
Tags: Seadrill Limited, high specification, jack-up, Prospector 3
Cape plc is pleased to announce that its wholly owned subsidiary Cape Australia Onshore has entered into an agreement with Bechtel, one of the world’s most respected engineering, project management, and construction companies, for the ...
Tags: Cape, award, Wheatstone, project, contract