Upstream news

The company executed three sale and purchase agreements to sell the assets.

One of only a handful of oil and gas sector companies recognised in UK’s most prestigious international trade awards.

The Pepperl+Fuchs brand ecom has launched the tenth generation of the world's first Ex-Handy series: the Ex-Handy 10.

The company has provided an update on the timing and scope of its Competent Persons Report for the Tilapia Licence in the Republic of the Congo and the repayment of funds owed to AAOG by Société Nationale des Pétroles du Congo, the Congolese national oil company.

This latest transaction is the fourth deal completed by Ashtead Technology since the business was acquired by Buckthorn Partners and APICORP in April 2016.

The company has been awarded a new contract by Evonik to deliver engineering, procurement and construction management services for the Group’s new polyamide 12 production complex.

Agreements signed with the government of Namibia and NAMCOR will add approximately 7 million net acres to the company’s exploration acreage.

Sparrows Group has reinforced its leading position in the North Sea following contract renewals worth an estimated £30 million in revenue in the first quarter of 2019.

The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million bpd from the market.

The company will acquire the Havyard 832 PSV vessel Olympus through its subsidiary Wanax AS.