Oil & gas news

Supply chain estimated to be worth billions as new environmental measures announced.

Technip has approved the consolidated financial results for the first quarter of 2014, which revealed a 23.3% increase in revenue and a 42% fall in net income.

The Underwater Centre has added a new course to its commercial air diving offering, in response to needs identified by the subsea industry.

Dresser-Rand has introduced a new valve for use in all brands of reciprocating compressors, at both high and low speeds.

Scientific Drilling International has announced the appointment of Phil Longorio as President of the company and its affiliates.

TGS is to commence new 2D and 3D multi-client projects in the Norwegian Barents Sea.

Tracerco has announced the recent granting of a patent for its oil and gas flow measurement technology.

The contract is to design and build six drill centre templates (DCT) for Premier Oil’s Catcher development in the UK North Sea.

Long live technological advancement to keep us moving, says GE Power Conversion’s Giacomo Del Panta.

The Colombian army has successfully conducted an emergency management exercise for oil company Ecopetrol.