Business news - 13 October 2015

Asset Guardian Solutions Ltd has announced that it has successfully completed a series of three projects for a major North Sea oil and gas operator.

New build flexible lay and construction vessel, Skandi Africa, has joined the industry leading Technip fleet, following the signing of the on-hire agreement in Schiedam, the Netherlands on 5 October.

The Nigerian-British Chamber of Commerce has confirmed a strategic partnership with Offshore West Africa Conference & Exhibition for the upcoming 20th Anniversary event.

Upstream exploration and development and midstream infrastructure spending in Angola, Namibia, South Africa, Mozambique, Tanzania and Madagascar.

LR’s new joint industry project will help to develop standards and deliver safety and consistency in 3D printing across the energy industry.

BASF/Wintershall and Gazprom have co-operated successfully for 25 years, transporting natural gas from Russia to Germany. The two companies are thus intending to expand gas production in Siberia, in addition to extending the Nord Stream Baltic Sea pipeline.

Phillips 66 has announced a US$2.0 billion increase to the company’s share repurchase programme.

Atul Punj has been unanimously elected as the President of International Pipe Line & Offshore Contractors Association (IPLOCA) 2015-16.

ORLEN Upstream Canada Ltd, a wholly owned subsidiary of PKN ORLEN SA and Kicking Horse Energy Inc. have announced that they have entered into a definitive agreement.