Business news - 23 October 2015

The continued deceleration in global demand was partially offset in Volvo CE’s third quarter 2015 results.

The two new giant compressors that started up on the Troll A platform this month will help increase gas recovery by 83 billion cubic metres. The occasion attracted a platform visit from EEA and EU affairs minister Vidar Helgesen.

Wordsworth: Technology transformation is happening at an increasingly fast pace and in the oil and gas sector never more has such innovation been needed.

New Liberal government set to lay down new, tougher review process for Trans Mountain pipeline project.

This week (w/c 19 October) saw the signing of a representative agreement making Italian Marine ONE the second company in October to include EIVA hardware and software solutions for offshore construction.

Global control valves market to touch US$12.14 billion by 2021, as pneumatic control valves raked in highest revenue in 2014.

GAIL has announced it has signed a MOU for a gas pipeline in Jharkhand, where it will use drones to monitor the project’s security and safety.

For the fifth year in a row, Pembina Pipeline has committed to supporting local volunteer fire departments.

Oil spill management market to reach US$114.4 billion by 2020 due to rising pipeline and seaborne transportation of chemicals and crude oil.