Oil & gas news

Kongsberg Maritime AS has acquired the remaining 90% of the shares of the Germany based underwater chemical sensors specialist Contros Systems.

Aggregating the reports of 23 global producers, upstream Capex was 12%, less in Q4 2014 than in Q4 2013.

The 5600 km2 Mahato PSC is located in a highly prospective area in the prolific Central Sumatra basin.

Nabors combines US-Canadian completion and production businesses into new C&J entity, with Nabors as majority owner.

Stronger focus on asset integrity will improve the competitiveness of Trinidad and Tobago’s deep-water oil and gas acreage.

J2 Subsea has launched an Xbox 360® wireless controller for a field-proven intelligent valve pack (iVP).

RINA has responded to life extension challenges and regulatory regimes by updating its Rules for the Classification of Fixed Offshore Platforms.

EquiFlow® OptiSteam FCDTM used in over 100 installations through Q1 to improve completion performance in gravity drainage operations.

The report shows the need to focus more on preventing train derailments as part of a holistic approach to safety improvements of shipping oil by rail.

Stork recently held a series of sand management technology showcase events at its premises in Dyce, Aberdeen.