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Company News
Oil and Gas Storage Service Industry to Benefit from Increasing Capital Investment in the USJan 12, 2018A report from Esticast Research & Consulting reveals that the global oil and gas storage service market was valued at USD 8.42 billion in 2016, and is projected to reach USD 10.38 billion by 2022, growing...
Hexagon PPM Acquires Industrial Business Solutions, Inc.Jan 12, 2018Hexagon PPM, global provider of asset life cycle solutions for design, construction, and operation of industrial facilities, has announced the acquisition of Industrial Business Solutions, Inc. (IBS)...
Noble Corporation plc Names New Chief Executive OfficerJan 12, 2018Noble Corporation plc has announced the retirement of Chairman, President and Chief Executive Officer David W. Williams, and the election by the Board of Directors of Julie J. Robertson to succeed Williams in such roles.
Fourth Damen 3307 Patrol Vessel Delivered to Homeland Integrated Offshore ServicesJan 12, 2018Homeland Integrated Offshore Services Ltd of Lagos, Nigeria, has taken delivery of another Damen 3307 Patrol Vessel for operations in the offshore oil fields in the Gulf of Guinea.
SIMMONS EDECO Recognised for Great International GrowthJan 12, 2018SIMMONS EDECO, supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it has received the Great International Growth Award 2017...
Three Contracts for Asset Management Software Expert ArnleaJan 12, 2018Arnlea, an established oil and gas asset management software business, has secured three contracts worth in the region of GPB 2 million in total.
New Baltic Exchange LNG Panellists GroupJan 12, 2018Following an approach by Baltic Exchange LNG shipbroking companies, the Baltic Exchange has formed the Baltic LNG Panellists Group. The move comes as the Baltic Exchange looks to develop a new...
Clariant and SINOPEC Sign Cooperation Agreements on Fuel Upgrading Catalyst TechnologyJan 12, 2018Clariant, a global provider of specialty chemicals, has announced that it has signed two key agreements with SINOPEC, China’s largest petroleum and chemical company.
Sulzer Doubles Capacity of High-Voltage Testing to Improve Repair TimesJan 12, 2018Performance testing of high-voltage motors and generators is usually carried out to determine benchmark data following a major repair. However, increasingly, customers are requiring this information as part of...
Norwegian Offshore Operator Returns to GibdockJan 11, 2018Gibdock has extended its impressive track record in the offshore vessel sector, following the visit of the 5700 dwt 3D seismic survey vessel Polar Marquis, operated by Norwegian company GC Rieber Shipping.
Rentel NV Transports and Installs Offshore Transformer SubstationJan 11, 2018On January 12, Rentel NV transports its offshore transformer substation from the assembly yard in Saint-Nazaire (France) to the Rentel wind farm concession in the North Sea.
De Poli Tankers and Marlink Renew Multi-Band Satcom CommitmentJan 11, 2018Dutch ship owner De Poli Tankers BV has extended its contract with Marlink, securing high-bandwidth global communication using the Sealink Plus service for its fleet of eight chemical tankers and two gas tankers.
Evolve iMS Secures Contracts and Moves into New PremisesJan 11, 2018Aberdeen-based Evolve iMS has announced that it has secured contracts worth GBP 400,000, with five major UK construction, engineering and decommissioning firms, as it gears up for further growth in 2018.
Rovco Secures Innovate UK Funding for 3D Visualisation ProjectJan 11, 2018Subsea technology company, Rovco, has secured Innovate UK funding to develop a cutting-edge 3D visualisation system as part of a two-part Artificial Intelligence demonstrator project potentially worth GBP 1 million.
TWMA Secures Contract with TotalJan 11, 2018TWMA, provider of specialised drilling waste management services, has been awarded a 3-year contract with Total to provide drilling waste management services in the UKCS.
KCA Deutag Appoints New Senior Vice President for RDSJan 11, 2018KCA Deutag has announced that Albert Allan has joined the group as the new Senior Vice President of RDS, its rig design and engineering subsidiary.
Digitalisation of BOURBON’s Vessel OperationsJan 11, 2018BOURBON and Bureau Veritas have signed a strategic partnership agreement to develop and deploy automation and real time monitoring fleet applications, developing digital technologies, while mitigating cyber risks.
SpotSee Opens New Latin America OfficeJan 11, 2018SpotSee, global provider of shock and vibration monitoring through low-cost connectivity and data has announced the opening of a brand new office in Sorocaba, located just outside of São Paulo, Brazil.
Exploration Well Completed on the Hurri Prospect in the Southern Barents SeaJan 10, 2018Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the drilling of the Hurri exploration well 7219/12-3S located in PL533 in the southern Barents Sea. The well was dry.
NDT Global Project Update: Statoil’s Åsgard Inspection ContractJan 10, 2018NDT Global and Statoil have announced the suspension of the ÅSGARD pipeline tool build project. Following a review of the detailed design and the integrity requirements of this pipeline, the chosen EMAT technology is...
ABS Awards AIP for Innovative HHI FPSO Hull DesignJan 10, 2018ABS, provider of classification and technical services to the global offshore industry, granted Approval in Principle (AIP) to Hyundai Heavy Industries (HHI) floating production storage and offloading (FPSO) hull design.
Stauff and Voswinkel Combine Logistics and SalesJan 10, 2018Stauff Group and Voswinkel GmbH combine logistics and sales. As of 2 January 2018, Walter Stauffenberg GmbH & Co. KG delivers the products from both companies without transition period.
Zero Leak Check Valves Excel in Extreme ConditionsJan 10, 2018As companies involved in oil and gas exploration and production continue to push the boundaries into deeper wells and more hostile environments, the reliable operation of drilling, completion and production equipment under the most extreme environments has never been more important.
New Service Approach Saves Operator Time and MoneyJan 10, 2018Ardyne, provider of innovative plug and abandonment and slot recovery technology, has saved more than a day of rig time on a planned three-and-a-half day operation and improved efficiencies by 35% for UK-based operator Fairfield...
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