Tag: oil & gas

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.

Expanding plugs for stainless steel pipes

Huntingdon Fusion Techniques Ltd’s Pipestoppers Division has introduced an extension to its range of expanding plugs for sealing, stopping, testing and weld purging of stainless steel oil and gas pipes and pipework.

Dragados takes third Cantarell contract

Dragados Offshore, part of the Spanish Dragados group, has won its third contract this year at the Cantarell (Campeche) oil field in Mexico.

Bluewater wins contract for offshore facilities

Soekor E & P (Pty) Ltd, Parow, South Africa, and its partners Pioneer Natural Resources South Africa (Pty) Ltd and Petroleum Ltd have awarded Bluewater (UK) Ltd a contract for the production facilities for Sable field, in the Bredasdorp basin off South Africa.

Alloy integrated fluid system solution

A challenge posed by the oil and gas industry and an ambitious product development relationship between Sandvik Steel AB and Swagelok Company has led to a new SAF 2507 alloy integrated fluid system solution that performs in highly corrosive, chloride-containing environments, such as oil and gas exploration and production activities.

BP to invest USD 8–9 billion in Azerbaijan

BP plans to invest USD 8–9 billion in Azerbaijan in the next four years, the head of the company’s Azeri operations said.