Oil & gas news

The company reported adjusted earnings of US$1.7 billion after tax in 2Q18.

A Low Motion Semisubmersible (LMS) developed by the Keppel-NUS Corporate Laboratory, an industry-university partnership between Keppel Corporation and the National University of Singapore (NUS), has been awarded the Prestigious Engineering Achievement Award 2018 under the category of Applied Research and Development by The Institution of Engineers, Singapore (IES).

Baker Botts, L.L.P., a leading international law firm, announced that it has represented BHP Billiton in its binding agreements for the sale of its entire interests in the Eagle Ford, Haynesville, Permian and Fayetteville Onshore US oil and gas assets for a combined base consideration of US$10.8 billion, payable in cash.

Trelleborg’s marine systems operation welcomes PIANC’s announcement that it will establish a new Working Group (MarCom WG 211), which will consult with a number of leading fender suppliers, including Trelleborg, with the objective of updating its 2002 Guidelines for the Design of Fender Systems – marking a significant step towards industry-wide fender best practice.

International energy consultancy Xodus Group has appointed Dr Tao Zhao as its new advanced engineering lead.

The joint venture, which will be jointly owned and managed, will be called Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company).

The company also marked the first tool setting on telecoil in its history during the project, carried out on behalf of an operator active in the region.

On behalf of BAPCo and Schlumberger, 2H Offshore designed a tripod CSP with boat landing that can support three surface trees with a total work area of just 90 square meters.

The contract covers the project management and engineering, transportation, installation and pre-commissioning of umbilicals and flying leads as well as manifolds.

Carnarvon Petroleum Limited confirms that the QuadrantCarnarvon Joint Venture have completed additional wireline evaluation since the last update