Aker Solutions: Outlines Five Strategic Objectives to Achieve Success Post Split
Aker Solutions today presents five strategic objectives after splitting in two in September last year to better position all parts of the business and meet the needs of customers. The company, which meets today with investors in London, will build on its strengths in key subsea and field design markets …
North Atlantic Drilling: West Navigator Contract Terminated by Rosneft
North Atlantic Drilling Ltd. (NADL) has received a notice of termination from Rosneft of the service order for the West Navigator in connection with the Framework Agreement. The drillship was indicatively scheduled to commence operations under its five-year contract with Rosneft during the summer of 2015, which would have required …
Boskalis Posts Record Net Profit of EUR 490 million
Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014 (2013: EUR 366 million). Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion). EBITDA rose by 25 per cent to EUR 946 million (2013: EUR 757 million) and the operating result (EBIT) was up 41 per cent at EUR …
Energistics: Transfer Protocol Read for Review
The Community Technology Preview (CTP) V2.0 of the Energistics Transfer Protocol (ETP) is now ready for review and comment. To download the CTP, please visit the ETP web page. The ETP is the new data exchange specification that enables the efficient transfer of data between applications and systems. It defines …
Tendeka Celebrates 10,000 FloSure AICD Installations Globally
Tendeka, the provider of completions systems and services to the upstream oil and gas industry, has reached a landmark in the growing demand for its leading FloSureTM autonomous inflow control device (AICD) range, with more than 10,000 now having been installed globally. The achievement emphasises Tendeka’s position as the market …
GE: Three Ways High Power Induction Motor Technology Will Prove A Game-Changer For Today’s Cost-Challenged Oil & Gas Industry
In the wake of falling oil prices, it is now more crucial than ever for oil & gas companies to look at how they can reduce capital and operational expenditure. Underlining this, a recent report from PwC highlights that the oil & gas industry needs “intelligent and strategic cost-cutting” to …
TMK Group – 2014 Results Highlights
OAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces today its audited consolidated IFRS financial results for the twelve months ending December 31, 2014. To see the full break down please click here Russia 4Q 2014 vs. 3Q 2014 Revenue decreased …
Bentec: Iron Roughneck
The Bentec Iron Roughneck is built to maximize the efficiency of pipe handling operations. It provides a safe and versatile alternative to conventional pipe connection techniques for make-up/break-out operations. Available models • IR-100-5-B 5 ft reach version – Basic Design • IR-100-8-B 8 ft reach version – Basic Design • …
Skywave: Launches IDP-782 For Fleet Management Applications
Feature-rich, dual-mode terminals allow fleet managers to contain the costs of moving in and out of communications networks with automatic sat/cell coverage switching, flexible programming and backup battery SkyWave, an ORBCOMM company, today introduced the dual-mode IDP-782 communications terminal at Mobile World Congress from March 3-5 in Barcelona, Spain. The …
Liebherr Offshore Cranes Set New Record
87 units supplied in 2014 – more than twice as many as in 2012 Board offshore cranes (BOS) and mast type cranes (MTC) are bestsellers Well-filled order book leads to optimistic outlook Liebherr offshore cranes set a historical record in terms of annual deliveries, supplying as many cranes per year …