Oil & gas news

The sale will help fund further development of the Moftinu gas discovery in Romania.

Aimed at individuals required to control HV/LV generation and distribution systems.

ABB has announced it will provide the technology that will help three vessels safely carry out construction and maintenance tasks up to 5 km under water.

Also announced was the development of a pilot programme with BP and Partnership with Paradigm.

GE makes an announcement of more than US$700 million in innovative customer agreements.

Oman’s oil and gas market is experiencing major changes in terms of new project development, consumption patterns and market scenarios amidst rapidly shifting global dynamics.

Allan Metson, Smith Flow Control, UK, discusses new directions in valve safety in the oil and gas industry.

Lundin Petroleum AB has signed farm-out agreements with certain wholly owned subsidiaries of DYAS B.V. for part of its working interests across three Production Sharing Contracts in Malaysia.

Statoil Uruguay B.V. (Statoil) has agreed with Total E&P Uruguay B.V. (Total) to acquire 15% working interest in offshore exploration block 14 in Uruguay.

Decommissioning companies are one of the few groups likely to benefit from industry downturn.