Tag: oil and gas

New oil company formed in Kazakhstan

A new closed joint-stock company, Offshore Oil Company KazMunayTeniz, has been created as part of KazMunayGaz (Kazakh oil and gas extracting and transporting) national oil and gas company.

Clough wins Thai contract

Clough Ltd and Unithai Engineering Ltd have won a USD 28 million contract to design and build wellhead platforms and subsea pipelines for Unocal Thailand in the Gulf of Thailand.

Chemical injection for oil & gas sector

YZ Systems, a division of Milton Roy, has introduced the Chemjex™ brand of chemical injection systems for the oil and gas industry.

Handwheels from Rotork

Rotork Valvekits (UK) has launched a new range of fabricated steel handwheels for valves, gearboxes, shutters, chainwheels and many other industry applications.

India to invest in Iran

A consortium of three public sector units (PSUs) in the oil sector has signed an exploration contract for an offshore oil and gas block in Persian Gulf.

Egypt-Libya pipelines

Egypt and Lybia are studying co-operation between the two countries to set up joint ventures in the fields of oil and gas industries.

FMC to supply North Sea project

FMC Technologies Inc. has announced that its FMC Energy Systems business has signed an agreement with Norsk Hydro ASA to supply subsea systems and related services for the Vigdis Extension Field in the North Sea.

Horizon wins SE Asia contract

Horizon Marine Construction Ltd, a subsidiary of Horizon Offshore Inc., has been awarded a contract by Brunei Shell Petroleum Company Sdn. Bhd (BSP) to perform several installations off the coast of Brunei, beginning the second quarter of 2003.

Stolt wins contract off Norway

Stolt Offshore SA has won an award of a USD 60 million EPIC contract from Norsk Hydro for the Vigdis Extension.

Caspian construction

McDermott Caspian Contractors Inc. has signed contracts for the development of the Azerbaijan sector of the Caspian Sea.