Offshore Rig

Offshore and Subsea – oil & gas project spending review

The sharp decline in crude prices and the subsequent volatility has meant that it’s been an onerous two years for oil producers, a period marked with budget cuts. The situation for the offshore side of the business has been far more severe. Once hailed as the bulwark from peak oil, the massive costs associated with its development in the face of low margins have made it increasingly difficult for companies to commit investments in recent times. Read more...
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TRP gearing for NGTL System expansion

TRP gearing for NGTL System expansion

TransCanada Corporation has announced its decision to move forward with a new USD 2B expansion program...
23 June 2017
Odfjell SE signs term sheet with CTG

Odfjell SE signs term sheet with CTG

Odfjell SE has signed a term sheet with Chemical Transportation Group, Inc (CTG) whereby Odfjell will...
23 June 2017
Hart Middle East has new GM

Hart Middle East has new GM

Hart b.v. has appointed Mr Germán Gómez as General Manager of Hart Middle East FZE in the United Arab...
23 June 2017
Viraj Profiles Ltd installs new MTS

Viraj Profiles Ltd installs new MTS

Viraj has recently commissioned a material tracking system across its plants, which is first of its kind...
23 June 2017
TechnipFMC receives major contract

TechnipFMC receives major contract

TechnipFMC, together with JGC Corporation and Samsung Heavy Industries, all partners in the TJS Consortium, has been awarded by CORAL FLNG SA. The contract covers the Engineering, Procurement, Construction, Installation, Commissioning and Start-up (EPCIC) of the Coral South FLNG facility and its associated...
20 June 2017

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