Tag: oil & gas

Iran and EU in double pact

Iran and EU have signed two memorandums of understanding (MOUs) on energy affairs.

CNOOC appoints president

CNOOC Ltd has appointed Mr Zhou, Shouwei, former Executive Vice President of the Company, as the President of CNOOC Ltd, effective immediately.

Baosteel to build heavy plate mill

Baoshan Iron & Steel Group Co. Ltd. (Baosteel, Shanghai, China), has placed an order for the construction of a 5-meter heavy-plate mill with an international consortium under the leadership of SMS Demag AG.

RICH-MAC gives chemicals a shot in the arm

The 2001 edition of RICH•MAC, International Exhibition of Chemistry and International Show of Chemical Equipment and Equipment for Analyses, Research, Controls and Biotechnologies, held at Fiera Milano, attracted researchers, engineers, chemists, clinical biochemists, laboratory technicians, biologists, physicians as well as commercial operators and managers for five intense days.

Halliburton and DSND to form new subsea company

Halliburton Subsea, Dallas, a business unit of Halliburton's energy services group, and Norwegian-based DSND Subsea ASA have signed a letter of intent to combine their subsea interests in upstream oil and gas.

Anti-flare system for Abu Dhabi

The Norwegian companies SAAS System and Aker Technology have received an order for the delivery of a system to prevent pollution from gas flaring on an oilfield in Abu Dhabi.

Technip creates engineering company in Kazakhstan

Technip and Transport of Oil and Gas (TOG), the National Oil and Gas Transportation Company of Kazakhstan, have created a joint engineering and construction company headquartered in Almaty. Both shareholders will hold a 50% stake in this company, named Technip Kazakhstan.

Sandvik develops new filler material for 13Cr pipe

Sandvik Steel has developed a super duplex filler metal which matches the properties of 13% chromium super martensitic stainless steel used for pipelines in the oil and gas industries.

Gulf Drilling acquires ITAG

Gulf Drilling & Petroleum Services (GDPS), a subsidiary of Arabian International Petroleum Corporation (AIPC) of Qatar, has purchased 90% of ITAG’s shares.

Hyundai wins ExxonMobil FPSO order

Hyundai Heavy Industries has won the contract to build a VLCC capacity floating, production, storage and offloading (FPSO) vessel for US oil major ExxonMobil worth USD 800 million.