Oil & gas news
New President of Kongsberg Maritime
Egil Haugsdal, current head of Kongsberg Oil & Gas Technologies has been appointed as President of Kongsberg Maritime.
Aker Solutions and Total to cooperate on subsea technology development
Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology.
Oil & gas industry must get creative to solve crisis
Governments and organisations must look to form more creative partnerships if they’re to resolve the crisis.
Tower Resources: South Africa update
Tower Resources plc has provided the following update with regards to its interests in the SW Orange Basin Technical Co-operation Permit and the Algoa-Gamtoos Exploration Right offshore South Africa.
Testing operations continue at Warro-5 and 6
Transerv Energy has reported that testing operations at Warro-5 and Warro-6 continue.
Nexans to supply cables for Egina oil platform
Nexans will provide power cabling to Samsung Heavy Industries for TOTAL’s Egina oil field FPSO platform.
Kværner ASA: Q4 2015 results: steadily strengthening solidity
The results reinforce Kvaerner's already strong financial position and resilience against market conditions.
Saudi Arabia & Russia agree to freeze oil output
Major oil producers (including Venezuela & Qatar) also agreed to freeze output at January 2016 levels.
BM acquires Delta Subsea
Bhagwan Marine has announced it has completed a transaction to acquire Perth based company Delta Subsea.
Unconventional gas is structurally changing global gas markets
According to a new World Energy Council study, which looks at where and how fast the revolution is taking place.