Oil & gas news
Materion launches new ToughMet solutions
At 2016’s Offshore Technology Conference, Materion Corp. will introduce two ToughMet products engineered to improve the reach, reliability and accuracy of oil and gas equipment components.
Ocean Rig UDW Inc. acquires ultra deepwater drillship
Ocean Rig UDW Inc. has announced that one of its subsidiaries has acquired the 6th generation ultra deepwater drillship Cerrado.
Panyu 11-5 oilfield commences production
CNOOC Ltd has announced that the Panyu 11-5 oilfield has commenced production.
Oil falls as traders cash in after three weeks of rising prices
Monday's oil price decline came in the wake of another cut in the US rig count which further brings activity down for a fifth straight week.
Add Energy celebrates global framework agreement with Shell
The contract, valued at approximately £3 million, will secure jobs for more than 9 people over the next three years.
TSC Inspection Systems wins at NDT conference
TSC Inspection Systems is the winner of the ‘Best Innovative Product’ award at the recent NDT Level 4 Conference, Abu Dhabi.
LRQA and CDP broaden global verification collaboration
The partnership will involve deepening their working relationship globally and an increased focus on providing best practice resources.
Wood Group secures four Statoil contracts
The latest contract award from Statoil will see Wood Group deliver subsea field concept engineering for the Snorre expansion project.
ABS releases new condition monitoring guidance
The organisation has published two new documents to aid in countering condition monitoring challenges.
Halliburton Q1 2016 operational update
Halliburton has announced that the conference call scheduled for Monday, April 25, 2016, to discuss the first quarter 2016 financial results is postponed until Tuesday, May 3, 2016.