JFD expands subsea offering with LEXMAR acquisition

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

Exploration sector continues to feel the pinch

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 suffers US$1.5 loss on big sales drop

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

Technology draws crowds to MTA Vietnam

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

Steam operations commence at Edam West

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

Tendeka wins over Wintershall Norge AS

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