Oil & gas news

While licensing activities across industries remains the company’s primary focus, it is exploring acquisitions to generate pay per barrel revenue.

A committee of experts on offshore equipment to be formed in order to improve operational safety.

WFS has announced the launch of Seatooth Video, the new improved edition of its subsea wireless video camera.

Core Grouting Services, an Acteon company, is a new addition to Acteon’s operating company portfolio.

Significant changes are expected in the medium term as royalty-stability agreements and temporary taxes expire, says a new report.

Sandvik AB held its Annual General Meeting on 13 May 2014 in Sandiken, Sweden.

The Timken Company has introduced a product that helps increase safety and improves uptime on oil rigs.

Boskalis has started a study into a new ultra large V-class Heavy Marine Transport Vessel, owned by Dockwise.

Statoil Petroleum has completed drilling of an observation well in the Gimle field of the North Sea.

Dialight has launched the world’s first hazardous area rated LED fixture with integrated advanced wireless controls.