Oil And Gas News


GE Oil & Gas opens Brazilian logisitic base

Jan 06, 2014

GE Oil & Gas today announced the opening of a logistics base for the Brazilian oil and gas sector. With an area of 590,000sq. ft and investments that exceed US$100 million, GE’s base in Niteroi in the state of Rio de Janeiro was designed primarily to load and unload installer ships…

Oil & Gas UK awards announced

Nov 08, 2013

The winners of the Oil & Gas UK Awards 2013 were announced at an awards ceremony attended by more than 600 in Aberdeen, Scotland, last night. The Oil & Gas UK Awards is the annual showcase event for the UK offshore oil and gas industry…

Ocean Rig enters exploration arena

Nov 05, 2013

Ocean Rig and Energean Oil & Gas are to join forces in order to participate in new bid rounds for exploration and exploitation of hydrocarbons, in Greece and abroad, in more than 1000m deep water. Energean said the companies had agreed to set up a joint venture called OceanEnergean…

GE wins Yamal LNG supply deal

Oct 02, 2013

GE Oil & Gas won a contract to provide turbomachinery equipment for the Yamal liquefied natural gas (LNG) megaproject under development on the Yamal Peninsula in Russia’s northern Siberia region. GE will supply six Frame 7E gas turbines…

New O&GUK board members

Sep 13, 2013

Oil & Gas UK, the representative organisation for the oil and gas industry, today announces new appointments to its board. The appointments are: Eric D’Argentre, UK General Manager, Perenco UK Luke Farajallah, Managing Director…

GE Oil & Gas acquires Lufkin Industries

Jul 31, 2013

GE Oil & Gas acquired Lufkin Industries in a deal valued at US$3.3billion. Lufkin manufactures and services artificial lift equipment through more than 110 service centers and nine manufacturing facilities. GE says automation is an integral…

GE Oil & Gas launches London headquarters

Jul 17, 2013

GE Oil and Gas will establish its new global headquarters in London. Florence will remain the global headquarters for GE Oil & Gas Turbomachinery Products & Services, a more than US $6 billion business and a key manufacturing and engineering…

Wood Group acquires Pyeroy Group

Jul 03, 2013

Wood Group acquired Pyeroy Group Limited (Pyeroy), a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1…

SPIE links with PetroSkills

Mar 29, 2013

SPIE Oil & Gas Services has announced the signing of a Joint Development Agreement with PetroSkills LLC.This agreement will allow SPIE Oil & Gas Services to enhance its worldwide competency development programs.PetroSkills LLC a worldwide training and development company has over 280 instructors…

Carrizo Oil & Gas

Feb 01, 2013

Carrizo Oil & Gas has agreed to sell its wholly-owned subsidiary, Carrizo UK Huntington, and its 15% interest in the North Sea Huntington field for US$184 million in cash to Calgary-based Iona Energy. The Houston-based explorer expects to net $116 million from the sale…

GE forms Angola subsea JV

Jan 28, 2013

GE and GLS create Angolan manufacturing pact GE Oil & Gas CEO Dan Heintzelman speaks at the 2013 Annual Meeting in Florence, Italy.GE Oil & Gas has formed a new joint venture with Angola's GLS Holdings SA that will supply subsea equipment to the country's oil and gas industry…

Kongsberg in Apply Nemo buyout

Dec 11, 2012

Kongsberg Oil & Gas Technologies AS (KOGT), a wholly owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG), has entered into an agreement to acquire 100% of the shares in Apply Nemo AS, an independent supplier of advanced engineering services…

Nils Adamsen joins Ramboll Oil & Gas as business development director

Dec 07, 2012

Nils Adamsen has joined Danish consultants Ramboll Oil & Gas as business development director. Adamsen, a mechanical engineer, previously served with Disa Industries, Brüel & Kjær Vibro and Alfa Laval.

Sir Ian Wood presented with a special lifetime achievement award by Oil & Gas UK

Dec 07, 2012

Sir Ian Wood was presented with a special lifetime achievement award by Oil & Gas UK last month.

Hydraulic oil shows Arctic promise

Oct 12, 2012

Recent tests on Mobil Industrial Lubricants’ Arctic performance hydraulic oil have reportedly shown that it can help reduce hydraulic system energy consumption by up to 6.2%, when compared with standard mineral hydraulic oils. Given pride of…

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