Trelleborg has, through its business area Trelleborg Sealing Solutions, fully acquired US-based privately-owned Automated Dynamics, an advanced composite components manufacturer.
The MoU supports Saudi Aramco’s In-Kingdom Total Value Add programme, which applies to Saudi Aramco suppliers and drives the localisation of oilfield services and equipment value chain, to strengthen and diversify the Saudi economy.
BP has announced that it has more than doubled the total computing power of its Center for High-Performance Computing (CHPC) in Houston, making it the most powerful supercomputer in the world for commercial research.
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Sparrows Group has secured a new five-year contract with Premier Oil for the provision of crane operations and maintenance across two of its North Sea assets.
In the declaration sent to the regulatory agency, it was suggested that the new field should be named Mero, and the field’s total recoverable volume is estimated at 3.3 billion bbls of oil.
The findings of the 27th Oil and Gas survey, conducted by Aberdeen & Grampian Chamber of Commerce, reveal that 49% of contractors surveyed are more optimistic about their activities in the current year, up from 38% since the spring survey.