Oil & gas news

TGS reported net revenues of US$172 million in Q1 2015, compared to US$222 million in Q1 2014.

The American Petroleum Institute has urged swift passage of the bipartisan trade bill.

OPITO becomes strategic skills adviser to Cyprus, helping create a regional oil and gas centre of technical excellence.

The addition of Taurus will strengthen CGG’s G&G expertise.

Asset integrity management specialist, XPD8 Solutions, has secured a £375 000 contract for work on the Jubilee FPSO in West Africa with Tullow Oil.

Modernisation of Europe’s energy systems was a key focus of Commissioner Arias Cañete’s keynote speech at the Euro Economic Congress.

International SOS advises North-east oil companies expanding their presence in malaria-risk regions.

SDI has acquired Marksman Ranging Technologies, an emerging leader in innovative magnetic ranging technology and services.

FMC Technologies, Inc. reported first quarter 2015 revenue of US$1.7 billion.

Flotek believes that revenue in the first quarter will exceed US$82 million. ??