Business news - 23 August 2016

ABB has released a new guide explaining how to keep instruments and analysers in top working condition.

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 133.7 million t in July 2016.

GlobalData Energy has published the following ‘Q2 016 Production and Capital Expenditure Outlook for Key Planned Upstream Projects in the Global Offshore Industry - Brazil Leads Globally with Staggering Pipeline of Planned Projects’ report.

Despite significant discouragement, pipeline opponents turn out in full force for FERC meetings on proposed PennEast pipeline project.

Research and Markets' report notes that the global flexible pipes market for the oil and gas industry will grow at a CAGR of 3.56% during the period 2016 - 2020.

GE Oil & Gas has been awarded a multimillion dollar frame agreement to supply subsea wellheads to Oil and Natural Gas Corporation Limited. Under the three year agreement, GE will provide an estimated 55 wellheads to support ONGC’s exploratory drilling campaign in India.

Serica Energy resumes operations after clearing a blocked pipeline and maintenance procedures.

NCH Europe has outlined the benefits of compact pipe repair kits and has introduced its Mega Pipe Repair HD range.

Gazprom’s board of directors has considered the information regarding the effect of the Western sanctions on Gazprom Group and its corresponding mitigation measures.