Business news

Contract between Kongsberg Evotec and CSSC Huangpu Shipyard for the delivery of two LARS systems for remote operated vehicles.

During the open day, TWI Chief Executive Christoph Wiesner gave a short presentation on the National Structural Integrity Research Centre for postgraduate education.

Energy Revenue America has purchased new compressors to improve the reliability of their 65 mile natural gas pipeline.

A new report from Lloyd’s Register Energy reveals that 47% of oil and gas executives say they have fallen short of their innovation goals in 2015.

Paul Otway, Head of Pigging at Jee, will present his paper on the Benefits of the use of high-bypass de-sanding pigs in conjunction with brush pigs for operational pipeline cleaning at the 2015 PPSA seminar on Operational Pipeline Pigging.

Plains All American Pipeline is undergoing an investigation by Scott+Scott, Attorneys at Law, LLP, to determine whether they have breached its fiduciary duties.

Through advanced training, GE Marine is reinforcing its commitment towards helping to promote more efficient and safe maritime operations in the offshore industry in the Middle East.

Subsea UK is looking to establish a regional hub in the south of England that will bring together businesses across the subsea supply chain to identify opportunities.

Ashtead Technology has invested US$300 000 of its subsea and offshore expertise in new visual inspection tools for deepsea exploration.

Shell have decided to stop its Alberta oilsands project, due to cutting costs in addition to a shortage of pipeline capacity, which constrains the growth of Canada’s oilsands industry.

An update on Gazprom’s latest endeavours: gas transit and supply issues, co-operation development, and the Ukhta – Torzhok-2 pipeline.

TransCanada Corporation has received final permits from the BC Oil and Gas Commission, giving regulatory approval for the construction and operation of the Prince Rupert Gas Transmission pipeline project.

DCP Midstream Partners has announced its quarterly distribution.

IBM Board approves quarterly cash dividend; authorises US$4 billion for stock repurchase.

API poll reveals that the majority of Colorado voters support increased production of natural oil and gas.