Centravis to increase CAPEX to € 10M in 2022

Centravis plans to increase CAPEX to € 10M in 2022. The Company has elaborated investment projects in more detail obtained permits from regulatory authorities.

Aker launches Intelligent Subsea approach

Aker Solutions recently launched its Intelligent Subsea offering designed to accelerate field development and maximize performance.

DNV GL research forecasts oil, gas R&D spending

Senior oil and gas sector professionals expect a step change in the industry’s capex, opex and R&D spending levels in 2018, as new research from DNV GL, confirms confidence in the industry has doubled.

Kvaerner’s unmanned platform “Subsea on a Stickâ€?

Kvaerner have recently developed an Unmanned Wellhead Platform named “Subsea on a Stickâ€?® (SoS) for fast track projects strongly competitive with subsea tieback solutions and highly cost effective for development of marginal fields.

Ascometal brings in new industrial momentum

In July 2016 Ascometal entered into exclusive discussions with Vallourec regarding the Saint-Saulve steel mill for a takeover of 60% share of that unit, Vallourec keeping a 40% share.

Khumani mine completed

Assmang Ltd, which is jointly controlled by African Rainbow Minerals and Assore Ltd, has announced that the 10 million tonne per annum Khumani Iron Ore Mine has been completed on time and within budget.