Oil & gas news

The new agreement reflects a strategic collaboration between ABB and BP, with ABB committed to delivering innovation, substantial savings, improved scheduling and lower risk as a valued long-term partner.

The center deploys the latest mechanical engineering expertise to build more durable motors that drill faster and allow for longer runs with a higher rate of penetration.

Results for the year ended 31st October 2018 with an EBITDA of US$57.6 million (£42.9 million), a 29% increase on 2017.

Aberdeen-based energy investment specialists Simmons Energy, a Division of Piper Jaffray, has been appointed by Oxford Flow to raise strategic capital for its ambitious growth objectives across the oil and gas sector.

Magma sought to further improve the thermal insulation properties of m-pipe in order to maintain flow temperature for a number of current projects. Shawcor’s Thermotite® ULTRA™ was identified as having the required thermal insulation to achieve this.

The system, Sonardyne’s wide-area Sentry Integrity Monitoring Sonar (IMS), has been deployed on the seafloor at more than 2000 m (6500 ft) water depth.

The platform offers a ‘single pane of glass’ for M&A actionable intelligence with unprecedented transparency.

Following the recent news that ExxonMobil Corp has discovered a significant gas field offshore Cyprus via the Glaucus-1 exploration well, Daniel Rogers, Upstream Oil & Gas Analyst at GlobalData,offers his insight on the matter.

Pentag Gears and Oilfield Equipment Ltd, a designer and manufacturer of gearing and machinery, has completed the delivery of its 35th beam pump for Wytch Farm oilfield in Dorset.

International energy consultancy Xodus Group has expanded its decommissioning offering with the appointment of its first well decommissioning manager.