Steve Mitchell has been appointed to the Senior Management team at ASCO, taking up the role of Operations Director (Scotland) as the materials management company continues its drive for efficiency through digitalisation.
The latest upstream news
Gastech 2018 has closed with the organisers reporting in excess of 30 000 attendees over four days - a record for the 30th edition of the event - laying a strong foundation for the 2019 event in Houston.
The Romanian government has proposed a reduced royalty and additional tax structure for offshore investments, allowing a larger proportion of capital investments to be deducted for tax purposes.
The company has announced two new contracts with Samsung Engineering (Thailand) Co Ltd to provide transport and heavy lift works as part of two petrochemical projects in Map Ta Phut, Rayong Province.
Highlands, the London-listed natural resources company, provides the following update about the six new wells being funded entirely by Highlands’ partners at its East Denver Project.
Asia also has the highest new build capital expenditure (Capex) spending globally with around US$5.8 billion during the 2018 - 2022 period.
A recent surge in final investment decisions (FIDs) on offshore oil and gas projects has set the scene for a healthy increase in offshore investments next year.
The Bureau Veritas Group company has announced four new appointments to strengthen its offering and add further expertise to the business.
Industry experts are being urged by Subsea UK to showcase the most advanced technologies and lead discussions on the current and future subsea challenges at next year’s flagship event, Subsea Expo.