Business news

XPD8 Solutions has secured more than £2.25 million in combined contract wins for work in the North Sea and Malaysia.

Purchases 51% stake in PEDL 133 licence.

American Midstream announces private placement of common unit.

Lloyd’s Register launches new, consolidated, rules for offshore units.

A recent report on the global oil and gas pipeline leak detection market forecasts growth to US$ 2.5 billion by 2019.

New midstream infrastructure provides access to premium market outlets for Utica-focused producers.

Net income totalled US$ 16.87 million during the reporting period, compared to US $13.23 million in Q2 2013.

Rose Rock Midstream reported Q2 2014 adjusted EBITDA of US$ 20.6 million, compared to US$ 27.8 million for Q1 2014.

Harkand has been awarded a contract to support Apache with inspection, repair and maintenance work across their assets in the North Sea.

TAQA reports profit of AED 513 million for the first half of 2014.

eCORP Stimulation Technologies has announced the addition of the Baylor College of Medicine to its R&D consortium.

Changes in offshore oil and gas exploration and technology advances must not be an excuse to cut costs on safety, says Lloyd’s Register Energy.

White Cliffs Pipeline announces open season to gauge interest in new pipeline project.

Experts from the IMCA will be speaking at events in the UK, Singapore, China and The Philippines.

Alexander Gaivoronsky has been appointed Director General of Gazprom Transgaz Ukhta.