Oil & gas news
Success for Statoil in Espírito Santo basin, offshore Brazil
Statoil has received formal approval to enter the São Bernardo discovery in Espírito Santo.
DOF Subsea awarded positioning services contract extension
DOF Subsea has been awarded an extension agreement for the provision of positioning services onboard crane vessels.
Tight oil production pushes US crude supply to over 10% of world total output
US tight oil production averaged 3.22 million bpd in the fourth quarter of 2013, according to US Energy Information Administration estimates.
SKF magnetic bearings boost Turbogaz performance
SKF has signed a contract to supply SKF S2M Magnetic Bearings to Ukrainian turboexpander manufacturer Turbogaz.
Repsol and Indra develop hydrocarbon detection safety system
The two companies have created HEADS, an early warning system designed to detect leaks to maximise safety in offshore operations.
Asia importers demand transparent gas pricing
Although Asia will benefit from the shale oil revolution, the market is restructured to deliver a more transparent pricing system.
NAWC statement on World Water Day
The National Association of Water Companies has released a statement regarding World Water Day.
Sandvik expands sulphur technology portfolio
Sandvik Process Systems has expanded its product portfolio by purchasing the proprietary technology of Brimrock Group.
TDW helps relieve stress on riser offshore Malaysia
T.D. Williamson recently completed a comprehensive pipeline services programme for a major offshore operator.
Statoil awarded exploration acreage offshore Myanmar
Together with partner ConocoPhillips, Statoil has been awarded a deepwater exploration block in the Myanmar waters of Bay of Bengal.