Shell has completed the sale of its 50% share in petrochemical joint venture SADAF to SABIC for US$820 million.
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Under the agreed terms, A.P. Møller – Maersk will receive a consideration of US$4.95 billion in Total shares.
TÜV Systems Nord has certified ROSEN EMAT inspection tools for Europe.
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Dresser-Rand has received two orders to supply power generation equipment for two projects for CNOOC Ltd.
Lundin Norway and DNV GL have developed a solution for anticipating unplanned shutdowns of Lundin Norway’s Edvard Grieg production platform.
Endress+Hauser is driving the Industrial Internet of Things forward through its products, solutions and by working with partners.
Proserv has been awarded a series of contracts for its well severance, platform and FPSO decommissioning services in the Asia Pacific region.
Santos has announced the appointment of Philip Byrne as Executive Vice President Marketing and Trading.
Statoil and its partners have started production on the Byrding field as planned. Recoverable volumes in Byrding are estimated at a good 11 million boe.
Clariant is part of an ongoing competition law investigation by the European Commission into the ethylene purchasing market.
Aquaterra Energy has secured a multi-million pound investment from EV Private Equity as the company gears up for service expansion and new technology launches.
Various reports estimate that roughly half a million workers have been laid off in the downturn and many of the retained employees have taken salary cuts.
The North Dakota Public Service Commission (PSC) has approved a siting permit for the Wild Basin Gas Plant in McKenzie County.
M2 Subsea has had its ability to deliver high quality services to the oil, gas and renewables sectors verified by Achilles FPAL.
PGNiG has officially voiced a need for gas transmission capacity in the North-South Gas Corridor in the first phase of the open season procedure.
The Group clinched two WSH Performance Awards (Silver) for its successful development of effective safety and health management systems.
While active drilling operations continue at the Megiddo-Jezreel #1 well in Israel, Zion Oil & Gas, Inc. has reached a depth of approximately 5345 ft.