Actuant acquires FourQuest Energy Middle East in US$60 million deal
FourQuest ME is involved in the provision of pipeline and process services across the Caspian, MENA regions.
Drilling & production - 01 April 2016
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BP and CNPC sign shale gas contract
BP and China National Petroleum Corporation (CNPC) have signed a production sharing contract (PSC) for shale gas.
KCA Deutag retains North Sea drilling contracts worth up to NOK 2 billion with Statoil
The contract, which covers seven of Statoil’s drilling platforms will run to October 2018.