Business news - 03 June 2014

Maria van der Hoeven, Executive Director, International Agency remarks on the World Energy Investment Outlook

A new analysis from the US Energy Information Administration looks at recent trends in energy related CO2 emissions and how they vary across regions and states

DBR will supply generator sets for six new pipelaying vessels under construction at IHC Merwede in the Netherlands for Subsea 7 and SapuraKencana.

Hobart has launched a campaign to celebrate the tie that binds science and people in the welding industry.

GE has completed its acquisition of Cameron’s Reciprocating Compression division.

A new report released by the International Energy Agency says that the world needs US$ 48 trillion in investment to meet its energy needs to 2035.

According to SOCAR officials, Total and E.ON are planning to withdraw from the Trans Adriatic pipeline (TAP) project, which is set to transport gas from Azerbaijan's Shah Deniz II field.

Wood Group Kenny awarded major subsea contract for stage 2 of Shah Deniz development.

Swiber has clinched an engineering, procurement, installation and construction contract in Latin America for subsea development work.

PD&MS Energy has secured a major five-year North Sea contract extension with CNR International.

American Petroleum Institute President and CEO addresses the Alaska Oil and Gas Association

Oceaneering International, Inc. has announced it has acquired AIRSIS Inc., a provider of remote asset management software services.

NEB releases expectations for oil and gas industry on improving safety culture.