Product news

The company has also announced its intent to maintain quarterly dividend of US$0.15 per share in Q2 2016.

Mr. Punkaj Gupta has been appointed as Simba’s new CEO in the wake of a private placement financing agreement.

The new field services will support a lifecycle approach which is expected to deliver significant cost savings.

The vertical sump pump that will mounted on the bow of the FPSO Pioneiro de Libra and is IP66 rated to protect against heavy seas washing over it.

At the Barents Sea Conference in Hammerfest today, Statoil presented a new subsea concept that is designed to reduce cost and increase efficiency. The concept is called Cap-X.

STR is investing in iXBlue’s RAMSES to reduce their client’s operational costs.

A team from Bridon, global technology leader in the manufacture of wire and fibre rope, are set to take MORE to the Offshore Technology Conference (OTC).

io’s unique systems thinking approach delivers proven results.

Siemens’s new Version 7.4 of the Simatic WinCC Scada software focuses on greater efficiency and openness.

Maersk Oil has awarded Datum360 a four year contract to implement Software as a Service (SaaS) solutions for the Culzean development in the UK North Sea.

ECE® 5.3 introduces new functionality to increase user efficiency.

Antelope Oil Tool has developed the CentraMax® RT1, PI1 and PT1 Centralizer Subs, adding to the CentraMax® product line.

The company has approved in principle, the repair of offshore structures using the bonded composite product Coldshield.

Since August 2015, the company has announced or closed non-core asset sales of approximately US$1.3 billion.

CSD500 with X-mas tree commissioned and at work.