FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with China National Offshore Oil Corporation ( CNOOC ) for the manufacture and supply of subsea production equipment for the Liuhua 4-1 development project. The award has a value of approximately $85 million in revenu
Cameron has received an order for the supply of subsea production systems for a deepwater and offshore gas processing and pipeline project in the South China Sea. The project will include subsea equipment, as well as an agreement to provide additional services across the life of the field. Deliverie
Leading international oilfield services company Expro announces today the introduction of a new Power Relief Valve (PRV) system which reduces the man hours and rig down-time historically associated with operating and maintaining traditional mud pump relief valves and systems. Known as the PRV MAX, t
MesoCoat, Inc., has recently signed a Cooperation Agreement with Petroleo Brasileiro S.A. (Petrobras), to develop and qualify MesoCoat’s „CermaClad™‟ process for the application of CRA (corrosion resistant alloys) to the internal and external surfaces of pipes using proprietary High Density InfraRed
Punj Lloyd Group, a diversified global engineering, procurement and construction (EPC) conglomerate, announced winning three oil & gas contracts in India, Oman and Indonesia amounting to Rs 645 crore. These contract wins clearly demonstrate Punj Lloyd’s multi-geographical presence and diverse servic
Cameron has received a contract valued at approximately $90 million from Statoil for the provision of high temperature, high pressure (HPHT) surface wellhead and Christmas trees for the Norwegian Gudrun platform with further options for the Valemon and Brynhild platform developments. The seven-year
Kongsberg Maritime’s simulation division and Vestfold University College has signed a framework agreement to further explore activities and projects of joint interest within research and development of maritime simulators from an innovation and human factor perspective. The agreement which was signe
FMC Technologies, Inc. announced today that it has signed a contract with Statoil for the manufacture and supply of subsea production equipment to support the Gygrid offshore development. The award has a value of approximately $54 million in revenue to FMC Technologies . Gygrid is a fast-track oil a
Hamworthy has brought its electrically-driven deepwell cargo pump technology to a new market, following a breakthrough contract in the Brazilian offshore sector. The fluids handling specialist has received an order covering electric driven cargo pump systems for eight Floating Production Storage and
Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has concluded agreements with Acergy to provide all lifting services it requires in the UK and Norwegian sectors of the North Sea. The two contracts are worth up to a total of £3million in the UK and Nor
BP has signed a new, 12-month contract with AGR Drilling Services, potentially worth NOK110m,(USD$19,8 million). The contract is for AGR DS’s Riserless Mud Recovery system (RMR®)(image), which enables operators to drill top-holes more safely, quickly and cleanly. BP will use the technology from the
C-Nav, the premier supplier of international GNSS Precise Point Positioning services, has installed its latest GNSS systems on the Polarcus Samur. C-Nav has made four installations for Polarcus Group as a part of its service contract with the company. Past installations include the Polarcus Nadia, P
Leading international oilfield services company Expro has secured a multi-million dollar contract extension to supply offshore well test equipment and services in Newfoundland, Canada. Well test equipment and services are being provided on two offshore rigs for three major operating companies in Eas
Ship Equip and Varada Marine has signed a contract to install SEVSAT on their whole fleet off Offshore Supply Vessels. Varada Marine who has its head office in Kristiansand, Norway has announced plans to become “one of the largest offshore support vessel companies in the world”, and has under way an
