Business news - 22 May 2014

DNV GL publishes its annual report: Taking a broader view.

Rotork receives orders for the Pengerang Terminal on the south east coast of Malaysia.

Kitsault Energy has proposed a dedicated energy corridor and energy export terminal to be built near Kitsault, British Colombia, Canada.

PetroChina has announced that it will use part of its pipeline business to form a new subsidiary, PetroChina Eastern Pipelines Co., Ltd.

ExxonMobil and Gas y Petroleo del Neuquen have discovered oil and gas in an unconventional shale well in Argentina.

IWCF invests £200 000 in new well control training centre to improve global safety standards.

QinetiQ Group has acquired Redfern Integrated Optics

The Brookings Institute outlines the importance of new global export strategies in order to ensure continued economic growth.

Shell has agreed to sell its 100% working interest in its Eagle Ford acreage, Texas to Sanchez Energy Corporation.

Fugro is expanding its survey fleet in the Gulf of Mexico to include a new AUV and a new vessel.

Canada’s oil industry explores alternatives to get its product to market.

Industrial Cellular Gateway can remotely monitor devices where WiFi may not be an option.

Gazprom and CNPC sign a contract to supply gas from Russia to China via the eastern route.