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Oil & gas news

Forum seals Mojave ROV deal with Norwegian firm

Forum Energy Technologies, Inc. has delivered a Remotely Operated Vehicle (ROV) to ESEA Submarine AS to perform a variety of offshore roles, including inspection, survey and salvage work.

 
 

MOL Group posts almost US$1 billion profit in 2016

The company significantly outperformed its initial US$2 billion target for 2016 and delivered a clean CCS EBITDA of US$2.15 billion, which is only moderately down compared with the previous year.

 

ABS expands subsea services team

ABS has expanded its subsea services team to deliver specialised validation and verification services for subsea systems, including subsea hardware, flowlines, umbilicals, and risers.

 
 
 

LGO Energy: Trinidad drilling update

LGO can confirm that Rig#18 has now been successfully mobilised to the Goudron Field where it has been contracted to drill at least two infill wells to the Mayaro Sandstone reservoir.

 

Roxi Petroleum: proposed merger

Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, has announced that it will be posting to Shareholders a Circular regarding a proposed merger in respect of the Company's Eragon Assets.

 

L&N Scotland upgrades to new ISO standard

L&N Scotland, an Aberdeen-based subsea manufacturer, has announced that it has been successful in upgrading its ISO 9001:2008 certification to the new International Quality Standard ISO 9001:2015.