INTERNATIONAL subsea operations and manufacturing company JFD has acquired Modular Saturation Diving Systems specialist LEXMAR. LEXMAR was founded in 1996 in Singapore and specialises in the design and manufacturing of In-built and Modular Saturation Diving Systems, and is an established
INTERNATIONAL geophysical firms CGG and Seabird say that while there has been some positive signs for the petroleum sector following the improvement in the oil price in the first half of 2016 it has not been reflected in the exploration
CHEVRON Corporation has reported a loss of US$1.5 billion for the second quarter of 2016. That result compares with earnings of US$571 million in the second quarter of 2015. Included in the quarter 2, 2016 figure were impairments and other
PTTEP will utilise an unprecedented wealth of information in its defence against a $200 million claim lodged by Indonesian seaweed farmers over alleged damage to their business by the August 2009 Montara incident off the north west coast of Australia.
PAPUA New Guinea oil and gas powerhouse Oil Search Ltd believes the recent decision by ExxonMobil to buy a stake in the Papua LNG project is a game changer for the country’s petroleum industry. The company said the recent decision
MTA VIETNAM, the International Precision Engineering, Machine Tools and Metal-working exhibition, will return from 5 to 8 July 2016 at the Saigon Exhibition & Convention Centre (SECC), Ho Chi Minh City, Vietnam. First launched in 2005, MTA Vietnam has gradually
MARKING its third thermal project to be brought online this year, Husky Energy has commenced steam operations at the 4,500 barrels per day (bbls/day) Edam West Thermal in Saskatchewan. Husky said the 10,000 bbls/day Edam East Thermal project, which achieved
SYSTEMS and services provider Tendeka has won a four-year contract with Wintershall Norge AS with a further four-year extension option, the company announced in June. Tendeka has been selected to supply sand screens for wells in the Maria, Brage, Skarfjell