Image or Marjan, from Amec. Amec Foster Wheeler has been awarded a contract by Saudi Aramco, for facilities required as part of the integrated oil and gas expansion of the Marjan…
Siemens has officially opened the doors of a new service center in Geismar, Louisiana, devoted to serving the region’s oil and gas industry, and related markets. With 28,000sq ft of shop floor space, the service center can repair and…
GE Oil & Gas has been awarded a contract with Premier Oil Indonesia, for subsea trees and wellheads for the Bison, Iguana and Gajah Puteri (BIGP) fields, in the Natuna Sea. The scope covers subsea trees and wellheads, rental tools and…
GE and Baker Hughes are teaming up to form the “new” Baker Hughes, a company that will be led by current GE Oil & Gas CEO Lorenzo Simonelli and have dual headquarters in Houston and London. Image of Simonelli…
Oil & Gas UK (Oil & Gas UK) appointed four new members to its board. Cory L. Loegering, region vice president and managing director for Apache North Sea; Robin Allan, Premier Oil’s director, North Sea and Exploration; and Bill Dunnett…
GE Oil & Gas has signed a major agreement with MODEC, an owner/operator and engineering, procurement, construction and installation general contractor of floating production systems including floating production storage and offloading (FPSO)…
Sparrows Group and SPIE Oil & Gas Services have entered into a global agreement to work in collaboration to support the energy sector. The deal will see the companies work together to initially deliver their collective service offering…
UK-based engineering firm Atkins has been awarded a contract with Chevron Australia to provide engineering support services for the oil and gas major’s Western Australian-based assets. The agreement includes provision of a range of onshore…
Wood Group Mustang and Grupo Diavaz, a Mexican oil and gas operator and services company, have created a joint venture engineering business to capitalize on Mexico's energy reform. Mustang Diavaz is based in Mexico City and will provide engineering…
GC Rieber Shipping firm Dolphin Geophysical has entered into an agreement for seismic acquisition and processing services offshore the Romanian coast of the Black Sea. The agreement includes the delivery of a fast track 3D volume, for Black Sea Oil & Gas and its co-venture partners…
Oil & Gas UK has announced a new organisational structure, following a thorough business review. The revised business model is designed to make sure the leading trade association is in the best shape possible to promote and serve its…
Oil & Gas UK, the representative organization for the UK offshore oil and gas industry, announced the appointment of a number of member company representatives and a new team of officers to lead its board. All changes are of immediate effect…
Diamond Offshore Drilling and GE Oil & Gas entered into the offshore drilling industry's first-of-its-kind contractual service agreement (CSA) that transfers full accountability for blowout preventer (BOP) performance to GE Oil & Gas. In this Pressure Control by the Hour model…
Ratings agency Moody's has painted a bleak picture for 2016 for the upstream oil and gas industry. The firm predicts a prolonged period of oversupply will keep oil prices lower for longer and continue to pressure issuers in the oil and gas industry in 2016…
GE Oil & Gas has agreed to acquire Norway's Advantec, a provider of subsea intervention equipment and services, to boost the company’s capabilities to offer cost-efficient products and services. Image from Advantec…
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