Business news - 27 June 2014

A selection of upstream oil and gas news stories from this week.

Dräger’s calibration and asset management tool helps to protect oil and gas workers in harsh offshore environments.

Suez Environment, through its subsidiary Degremont, has completed the acquisition of Process Group.

Encana has reached an agreement with Alberta-based Jupiter Resources to sell its Bighorn assets for approximately US $1.8 billion.

STATS Group has invested £500 000 in establishing a global training centre at its UK headquarters.

Chris Shannon, CEO, Fotech Solutions, explains how to add a powerful new layer of security to pipeline monitoring operations.

Energy Transfer Partners has approved a new pipeline to transport natural gas from processing facilities located in the Marcellus and Utica Shale areas.

Tall Oak Midstream begins construction of natural gas gathering and processing system in Oklahoma’s CNOW play.

Emerson has launched a series of six videos entitled ‘Temperature Insights’ to help industry understand and implement temperature measurement technology.

The American Petroleum Institute (API) has expressed its support for the new Oil and Natural Gas Information Sharing and Analysis Center.

The Technip-DeepOcean PRS joint venture has been awarded by Statoil ASA a new frame agreement for Pipeline Repair System pool services.

Tenaris will supply 373 km of welded pipes for the Rota 3 pre-salt project.

Rosneft and BP have signed a long-term contract for the delivery of oil products on a pre-paid basis.