Business within the marine sector drove a growth in revenue of 3%. RINA's fleet of classed vessels increased by 7% outperforming the market average of 2.5%.
EnerMech has appointed Salvatore Cutino as regional director for Africa as it looks to double revenues in the region to more than £50 million over the next three years.
Supports Western Canadian students with hands-on service rig training courses
Billy Pierce and David Nemetz, JDR Cable Systems, discuss how the leasing model is growing in popularity, and review the implications for equipment design and service-lead delivery.
Swala Oil & Gas (Tanzania) plc has announced that Orca Exploration Group Inc. has agreed to an additional extension to the date by which the second closing and third closing of the previously announced investment by the Company in the Orca group of up to US$130 million must be completed from 11th May 2018 to 29th June 2018.
The Oil & Gas Innovation Centre has reported that more than 500 jobs will be sustained or created in Scotland over the next six years as a direct result of its support for research and development.
Wood has announced the next phase of a collaborative industry effort to develop a better understanding of the reliability of subsea equipment for use offshore Australia.
On 15 May 2018, the annual general meeting (AGM) in Statoil ASA will vote on the proposal to change the company’s name, from Statoil ASA to Equinor ASA.
Proserv, an energy services company, has announced the completion of a successful financial restructuring, strengthening the long term plans of the company.
The Trump administration has withdrawn from the nuclear accord with Iran or Joint Comprehensive Plan of Action (JCPOA) and plans to re-impose sanctions on the country.
Mitsubishi Hitachi Power Systems (MHPS) announced that Suncor Energy has issued a Letter of Intent to purchase MHPS JAC gas turbine technology.
International Frontier Resources Corporation in partnership with Mexican petrochemical leader Grupo IDESA, has announced that Tonalli Energia has registered and been granted access to the data room for the second tender of Round Three (Round 3.2) of Mexico’s oil and gas energy reform by the National Hydrocarbons Commission (CNH).
The new agreement brings together offshore and onshore crane and lifting equipment specialists to create a partnership that can deliver a broad range of equipment and services to the energy and industrial industries.
An average capital expenditure (capex) of US$17.8 billion per year will be spent on 336 oil and gas fields in Southeast Asia between 2018 and 2020, according to GlobalData, a leading data and analytics company.
The scope of Russia’s profit-based tax (NDM) pilot scheme will still be limited in the context of Russia’s upstream sector, according to GlobalData, a leading data and analytics company.