Oil & gas news
Statoil: 2014 second quarter results
Company’s Q2 2014 operating income was NOK 32 billion.
Debate needed on offshore modular drilling assets
ABS Group is working to provide insight and services to the industry on this subject.
Flare gas white paper explores flow metering challenges
Sierra Instruments has announced the release of a new white paper on flare gas measurement.
GE makes strategic investment in Meridium
GE’s Measurement and Control division announced a minority equity investment in Meridium.
Northern Petroleum announces sale of UK assets for £1.5 million
Northern Petroleum has signed sale and purchase agreements to sell the company's interests in all of its UK licences and assets.
PSIL expands in Middle East
PSIL, the oil and gas pump specialist, has recruited a global sales director as it expands in the Middle East.
Gulf Drilling awards contracts to N-KOM shipyard
Gulf Drilling International has awarded two contracts worth US$ 110 million to Nakilat-Keppel Offshore & Marine.
Statoil awarded licence offshore Colombia
Statoil has been awarded interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round.
Encana reports strong second quarter
Encana has reported strong second quarter 2014 results, largely due to rapid portfolio transition and robust liquids growth.
GE delivers school equipment
The company donated US$ 60 000 in partnership with Africare to support MAPESS Vocational Training Center in Soyo.