Drilling & production

Technip has approved the consolidated financial results for the first quarter of 2014, which revealed a 23.3% increase in revenue and a 42% fall in net income.

Scientific Drilling International has announced the appointment of Phil Longorio as President of the company and its affiliates.

Tracerco has announced the recent granting of a patent for its oil and gas flow measurement technology.

The contract is to design and build six drill centre templates (DCT) for Premier Oil’s Catcher development in the UK North Sea.

Long live technological advancement to keep us moving, says GE Power Conversion’s Giacomo Del Panta.

Analysis of data from the well indicates it has a pay zone twice as thick as the AKK15 well, which tested gas at a stable rate of approximately 7 million ft3.

Sakhalin Energy and Sovcomflot have signed a number of agreements for construction and long-term operation of the vessels for Sakhalin-2 project.

The contract, with a major offshore pipelay and subsea construction company, is as a result of recent oilfield operations in Canada.

Gazprom CEO, Alexei Miller, met with OMV CEO, Gerhard Roiss to discuss the challenging current market environment for gas.

Halliburton has announced plans for a drilling, testing and training facility near Cameron, Texas, that will include testing and training wells.

Prysmian has been awarded a contract for the design and manufacture of submarine cable links in the Zakum offshore oil field in Abu Dhabi.

Expro has secured a 5-year subsea contract, worth almost US$ 100 million contract with BP for the Shah Deniz Stage 2 project in the South Caspian Sea.

Karen Moreau, executive director, New York State Petroleum Council remarks on the American Petroleum Institute’s recent access and infrastructure poll.

EV has been awarded a Queen’s Award for Enterprise in International Trade, which recognises companies that have demonstrated growth in overseas business.

Merlin ERD, the Perth-based drilling engineering consultants, has won the Queen’s Award for Enterprise.