ABB wins contract to automate world’s largest PM
ABB has received an order worth USD 17 million to install the process control and instrumentation system in the largest paper machine ever built.
Pride to build platform rigs for BP
Drilling contractor Pride International is in exclusive talks with BP over a contract to design, build and manage up to three major new-build platform rigs for the supermajor's deep-water developments in the Gulf of Mexico.
Statoil develops Mikkel gas field
Norway's state-controlled oil and gas firm Statoil says it had submitted a plan for development and operation (PDO) for the Norwegian Sea gas and condensate Mikkel field.
Japan invests in Iran
Japan moved closer to securing the right to develop Iran's largest oil field, shrugging off U.S. efforts to stop allies from making major energy deals with the nation.
Coflexip yet to decide on Technip offer
Coflexip SA, a French maker of deep-sea oil pipes that Technip SA has offered to buy, has yet to decide how it will respond, the company has said.
