News

27/01/2017

  IKM has recently secured a contract award courtesy of Subsea 7 based in Aberdeen. Subsea 7 has won the award of a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil. The company will make and install underwater equi... Read More

26/01/2017

  Total E & P UK Limited (“Total”) has awarded Prosafe a contract for the provision of the Safe Caledonia semi-submersible accommodation vessel at the Elgin-Franklin Facility in the UK sector of the North Sea. The firm... Read More

24/01/2017

  Moventas announces a €17m investment in Finland to significantly increase its manufacturing capacity to over 5 GW to meet growing customer demand for Moventas’ Exceed series gears. Moventas is expanding its wind gearbox a... Read More

23/01/2017

  Xodus Group has won a contract with North Sea operator Apache to deliver subsea engineering services for two new infill well developments at the Nevis and Skene fields in the Northern North Sea. The project includes a novel idea of ... Read More

20/01/2017

  Scottish Enterprise has revealed a new Subsea Engineering Action Plan with the aim of capturing an even bigger slice of the current £50 billion global subsea market.  The news comes as Scottish Government Minister for Busines... Read More

18/01/2017

  Baker Hughes and Schlumberger will be awarded the contracts for integrated drilling and well services on the Cat J rigs Askepott and Askeladden. The rigs will perform work at Oseberg and the Gullfaks. Initially awarded for four year... Read More

16/01/2017

  Aker BP ASA (“AKER BP”) increases reserves and maintains very good results in exploration, drilling and wells, projects and production. The company has a strong cash flow outlook and its robust balance sheet means freedom to... Read More

13/01/2017

  Ultra-high-voltage transformers to help deliver clean hydropower via Belo Monte link to ten million people ABB has won an order worth around $75 million to supply advanced converter transformers for the Belo Monte 800 kilovolts (kV)... Read More

10/01/2017

  New link across over 1,800 km will be capable of bringing electricity to more than 80 million people ABB has teamed up with India’s national electricity grid operator Power Grid Corporation of India Limited (POWERGRID) in a me... Read More

09/01/2017

  Petrofac has signed a contract worth close to US$600 million with Salalah LPG SFZCO LLC (SLPG), wholly owned subsidiary of Oman Oil Facilities Development Company LLC (OOFDC), to undertake the engineering, procurement and construction (... Read More

04/01/2017

  Technip has been awarded by SOCAR GPC a service contract for the ethylene and cryomax technology licenses respectively for a petrochemical complex and for the NGL(1) recovery section of a gas processing plant, which is part of a new gas... Read More