Oil & gas news
Hungry for more, Part 1
Oilfield Technology correspondent Ng Weng Hoong reveals that despite predictions of a glut, Asia is growing increasingly anxious about oil and gas supplies.
Drilling Tools International acquires Reamco
Drilling Tools International has acquired Reamco, a company that manufactures, rents and refurbishes downhole drilling tools.
Babcock Rosyth completes oil and gas support vessel contract
Babcock has successfully completed a contract to undertake a substantial refit on Bibby Offshore’s DSV, Polaris, at its Rosyth dockyard.
Dril-Quip awarded contract for subsea completion systems
Dril-Quip (Europe) Limited, has been awarded a contract valued at approximately US$ 110 million.
Russia seeks control over Crimea’s oil and gas production
As EU grows concerned over energy security, the speaker of the Crimean parliament confirms wishes of seeing Russia involved in the state’s oil and gas production.
Risk management in the Middle East
Marsh say that risk management plays a critical role in ascendancy of Middle East as an energy superpower.
Wintershall sells VNG shares to focus on upstream sector
Wintershall is planning to sell its shares in VNG as part of its strategy to focus on the upstream sector.
Non-cracking hardbanding ideal for harsh drilling environments
Non-cracking Duraband NC is the first product ever developed that offers 100% crack-free protection.
Crowley delivers offshore production facility to US Gulf
Crowley Maritime’s ocean class tugs have successfully delivered oversized equipment to a floating production facility located in the US Gulf.
New Peinemann Equipment lifter for airfin bank electric motors
Peinemann Equipment has released a new lifter for the safe exchange of airfin bank electric motors and the removal and reinstallation of registers from furnaces.