Business news - 13 May 2014

Statoil has awarded the Johan Sverdrup Infield Pipelines FEED contract to IKM Ocean Design.

PIRA Energy Group has released its analysis of weekly oil market fundamentals.

PG&E expects to delay a number of upgrades and repairs to its natural gas system that were planned for completion this year until 2015.

Air Energi Group has received Best Engineering Recruitment Agency at the Recruiter Awards for Excellence.

EOG Resources announces first quarter 2014 results and expands drilling portfolio with four key horizontal plays.

Victaulic, the world leader in mechanical pipe-joining systems, will showcase its latest technology at POWER-GEN Europe 2014.

Hydratight and AS Connector have signed a formal agreement to jointly supply subsea pipeline inspection, repair and maintenance solutions.

GE has announced a new technology partnership with Devon Energy at its new Global Research Oil & Gas Technology Center in Oklahoma City.

Technip awarded contract for the extension of subsea infrastructure on the Alvheim field in the North Sea.