Business news

The construction and engineering group has withdrawn from work related to the construction of the Nord Stream 2 gas pipeline, German tabloid Bild reported.

During the cold snap that affected much of the central part of the country, US dry natural gas production declined 21% from the week ending 13 February.

The work has been awarded by TechnipFMC plc to support the development of Coral-Sul FLNG project, the world’s first in ultra-deepwater.

The contract, awarded by Saipem S.p.A., is for the provision of double joint welding, coating and thermal insulation for a 36 in. pipeline as part of a major ongoing project in the Middle East.

The deal with Safari Oil & Gas Company Ltd. will see Pipeotech deliver its guaranteed leak-proof DeltaV-Seal gaskets to industries across the Kingdom of Saudi Arabia.

Applied Flow Technology (AFT) has welcomed three new engineers to their team of flow analysis experts.

FERC to examine potential wrongdoing in markets during recent cold snap.

Asia-Pacific oil and gas industry cross border M&A deals total US$7.68 billion in 4Q20.

EnerMech has appointed Celestino Maússe to the newly created role of Mozambique country manager as the company seeks to expand its business.

The integrated subsea technology and services provider will develop a new R&D and engineering facility in Aberdeenshire, UK.

The two companies have agreed to sell a 25% minority interest in Natural Gas Pipeline Company of America LLC for US$830 million.

Global Lifting Awareness Day will take place on 8 July 2021.

Thomas W. Schmidt has been promoted into the newly created position of Vice President, Business Development, whereby he will lead the company in the trenchless equipment market.

The remote inspection technology specialist has been awarded the funding by UK Research and Innovation to further advance its previously developed 4G technology to 5G.

US dominates upcoming oil and gas project starts in North America by 2025, says GlobalData.