Drilling & production

Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group.

Certain properties located primarily in Leon and Robertson counties of East Texas will be sold for approximately US$ 530 million.

NAM, the Dutch joint venture between Shell and ExxonMobil, has renewed its HSE contract with Royal HaskoningDHV.

Production at Kazakhstan’s Kashagan oilfield is not expected to restart this year, as stretches of oil and gas pipelines may need to be replaced.

International oil and gas company extends its use of Active Risk Manager to combine Audit Assurance with Enterprise Risk Management.

BP has released a strategic progress update related to its exploration, upstream and downstream global activities.

National Oilwell Varco, Inc. reports its first quarter earnings and backlog.

ABO valve has received ABS certificate for three of its butterfly valves.

Aquaterra Energy has been awarded a four year exclusive frame agreement with DONG Energy.

HB Rentals has become one of the first UK companies to receive the new industry standard for its offshore service modules.

Rowan Companies’ Rowan Renaissance drillship receives ABS’ Integrated Software Quality Management (ISQM) notation.

BP has announced its financial results for the first quarter of 2014, reporting an underlying replacement cost profit of US$ 3.2 billion.

San Leon has agreed commercial terms with Baker Hughes to progress with testing and potential development of the Siekierki gas fields in Poland.

Trelleborg’s offshore operation has been awarded a municipal license, which permits the company to manufacture in Brazil.

Dron & Dickson has secured a two-year contract with Rowan Drilling.