Oil & gas news

The agreement was signed in Sochi in the presence of the President of the Russian Federation, Vladimir Putin, and the Italian Prime Minister, Paolo Gentiloni.

2H Offshore has launched of the STREAM (STeel Riser Enhanced Analytics using Measurements) joint industry project.

Bureau Veritas has announced a new collaboration agreement with leading global provider of environmental, health, safety, risk, and social consulting services, Environmental Resources Management.

Simark Controls Ltd has received a major follow-up order for their proprietary Variable Frequency Drive systems (VFDs) from an Alberta Oil Producer.

Wood Group has received a contract to support Shell in the decommissioning of the Brent Bravo platform in the North Sea.

Sacgasco Ltd has signed a farm-out agreement with Empyrean Energy plc (EME) for the natural gas Dempsey Prospect and other Sacramento Basin assets.

A major funding package for the Institute of Petroleum Engineering (IPE) at Heriot-Watt University will directly support research and training for the future of the industry in UK offshore waters.

Samsung Heavy Industries has awarded TMC Compressors (TMC) a contract to deliver a marine compressed air system to a FSRU.

Wärtsilä has signed an agreement to acquire Greensmith Energy Management Systems Inc.

Po Valley Energy has announced that testing of the primary production layers from the Bezzecca well east of Milan, Italy, is complete.