Business news

Global uncertainty surrounding the consequences of the UK’s vote to leave the European Union has sparked a dramatic slump in oil prices.

Voith has launched a new NX series, which has been specifically for applications in the low power range up to 10 MW.

In light of the results of the EU referendum, the IET has called for an emergency meeting to discuss the damaging impact of Brexit on UK engineering.

Royal Dutch Shell has announced it will work alongside the British government and European organisations.

This is the largest amount ever provided through its Participant Funding Programme.

David Johnson, Managing Director of Tudor International Freight, has said the decision to leave the EU could lead initially to a period of political instability and could cause concern for oil and gas businesses.

Alan Snider has been named President and Chief Operating Officer at Laney Horizontal Directional Drilling.

The cooperation between the two entities will allow Young ADIPEC to relay a strong and powerful message to the wider school community.

The contract is valued at 10 MDKK and continues an 18 yr partnership between Hess and DNV GL.

Columbia Pipeline Group stockholders have approved its acquisition by TransCanada.

The board of directors of Lundin Petroleum AB has resolved on the new share issues and share transfer in order to complete the Edvard Grieg acquisition.

President Barack Obama has signed a new legislation focusing on oil and gas pipeline safety.

Hess Denmark ApS has awarded a contract to DNV GL to provide asset integrity inspection management of its South Arne field including Risked Based Inspection (RBI) services.

Vancouver is challenging the National Energy Board’s decision to approve Kinder Morgan’s Trans Mountain pipeline expansion project.

The event will focus on underwater activity in the oil and gas, defence, oceanology and marine renewables industries.