Siem WIS has entered into a contract with M-I Swaco for the supply of its pressure control device (“PCD”) services. The Siem WIS PCD services shall be used in connection with M-I Swaco’s manage pressure drilling (“MPD”) services for Statoil on the Gudrun and Valemon fields in the North Sea. The oper
AGR has been awarded a contract to provide project management services to large independent operator ‘Hunt Oil’ for the drilling of one exploration well located in Permit WA-425-P offshore north Western Australia. AGR Regional General Manager, Bruce Roebuck, said: “AGR is looking forward to working
IDRECO delivered the ISD Mobile 300 dredger for Vicat SA in France. This dredger is equipped with the IDP 300 pump, driven by Idreco’s electric motor with onboard transformer. The production capacity of this mobile dredger is 300 tons an hour with a dredging depth of 7 meters. The pipeline length is
Polarcus Limited announces that the Company has entered into a three year agreement with ION Geophysical Corporation (“ION”) to jointly develop, execute, and market 3D marine multi-client projects to E&P companies worldwide. The agreement combines Polarcus’ proven expertise in the 3D multi-client sp
Technip was awarded two contracts, worth a substantial total value, to supply flexible pipes for the Egina field operated by Total Upstream Nigeria Ltd, offshore Nigeria. These contracts cover the qualification and supply of: – 12 dynamic flexible jumpers from 3.5″ to 12.5″ for oil production, gas l
Technip was awarded two contracts, worth a substantial total value, to supply flexible pipes for the Egina field operated by Total Upstream Nigeria Ltd, offshore Nigeria. These contracts cover the qualification and supply of: – 12 dynamic flexible jumpers from 3.5″ to 12.5″ for oil production, gas l
Five new Eco-RTGs (Rubber-Tire Gantry Cranes) are expected for delivery within the next month at APM Terminals Apapa as part of the third phase of a $135 million terminal upgrade announced in February. The remaining five Eco-RTGs will be delivered in November enabling the terminal to convert from th
TAQA Bratani Ltd required an isolation solution to facilitate pipework replacement of a 3” instrument air line on board the Tern Alpha Platform in the North Sea, without the necessity for a platform shutdown. STATS Group proposed the use of a 3” BISEP™ and Tecno Plug™ assembly to provide a double bl
TAQA Bratani Ltd required an isolation solution to facilitate pipework replacement of a 3” instrument air line on board the Tern Alpha Platform in the North Sea, without the necessity for a platform shutdown. STATS Group proposed the use of a 3” BISEP™ and Tecno Plug™ assembly to provide a double bl
Petrobras announces it has completed the drilling and formation test of the fourth exploratory well at Iara area, block BM-S-11, in the Santos Basin pre-salt. The results of this well 3-RJS-706 (3-BRSA-1132-RJS) have strengthened the potential of recoverable light oil from Iara and have confirmed th
Offshore technology provider AGR Enhanced Drilling, via its subsidiary Ocean Riser Systems, has entered into a NOK120m (USD20m) Letter of Intent (LOI) together with Statoil to deliver the next-generation EC-Drill® Managed Pressure Drilling system. This latest contract will replace a purchase order m
Offshore technology provider AGR Enhanced Drilling, via its subsidiary Ocean Riser Systems, has entered into a NOK120m (USD20m) Letter of Intent (LOI) together with Statoil to deliver the next-generation EC-Drill® Managed Pressure Drilling system. This latest contract will replace a purchase order m
Vos Prodect Innovations announces the delivery of cable protection systems for the submarine power cable project in Iceland, between the Mainland and Vestmannaeyjar island. Landsnet hf, who operates Iceland’s electricity transmission grid, has decided to use the well-known cable protection systems o
Caterpillar Inc. announced second-quarter 2013 profit per share of $1.45, down from second-quarter 2012 profit per share of $2.54. Sales and revenues were $14.621 billion, down from $17.374 billion in the second quarter of 2012. Profit was $960 million in the second quarter of 2013, down from $1.699
