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10.22.2014
 
Alcatel-Lucent to Acquire Norwegian Optoplan
Alcatel-Lucent’s subsidiary, Alcatel-Lucent Submarine Networks (ASN), has signed a binding agreement with Sercel, part of the CGG Group, for the acquisition of Optoplan, a leading provider of...



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Subsea World News
 
10.21.2014
 
FMC Technologies Profit Jumps 46 Percent
FMC Technologies has reported third quarter 2014 revenue of $2.0 billion, up 15 percent from the prior-year quarter ($1.7 billion). Diluted earnings per share were $0.72, which includes a $17...



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Subsea World News
 
10.21.2014
 
Iraq Approves $278m Halliburton Deal

By John Lee.


The Iraqi cabinet has approved a drilling deal with Halliburton value at $278.5 million (324 billion Iraqi dinars).


Reuters reports that under the 30-month contract, Halliburton will drill 30 oil wells in the 8.7-billion-barrel West Qurna-I field, operated by U.S. major ExxonMobil.


Production at the field is currently running at around 360,000 bpd due to problems with low levels of water injection.


(Source: Reuters)

Iraq Business News » Oil & Gas
 
10.21.2014
 
Light Brigade Releases 2015 Training Catalog
Tukwila, WA and Spartanburg, SC - October 16, 2014 - Light Brigade, AFL's training division, is releasing its 2015 Training Catalog, a 30-page brochure detailing Light Brigade's training courses, DVDs and fiber optic tool kits. The catalog features a complete schedule of training dates and locations throughout the United States and Canada for each of Light Brigade's 16 training ... more
Your Oil and Gas News
 
10.21.2014
 
Repsol and Indra win award for offshore safety technology project
* The pioneering HEADS project, jointly developed by Repsol and Indra,has been recognised by World Oil magazine as "Best Health, Safety,Environment/Sustainable Development Offshore."

* The project involves cutting-edge technology, the only of its kind in the world, aimed at maximising safety in offshore operations.

* Repsol contributed its extensive knowledge in ... more
Your Oil and Gas News
 
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