Posts Tagged ‘services’
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Aker to buy Thrum Energy

by Forex Rooton November 22, 2012 8:21 am BST
Aker stated that acquiring the Newfoundland-based company supported its growth plans in North America, with Thrum providing a diverse portfolio of services to onshore and offshore assets in Canada.This is an important acquisition both for our AIM business, which we want to grow significantly over the coming years,

China to subsidize shale gas development

by on November 6, 2012 2:59 am BST
China to subsidize shale gas developmentBY CHRIS OLIVERHONG KONG -- China unveiled plans to subsidize energy companies working to develop shale gas resources, a move seen by analysts as likely to help turn around a loss making industry and potentially mark a bright spot in the nation's drive for alternative energy

KBC Advanced Technology introduces Petro-SIM Production process to improve gas processing throughput

by on October 10, 2012 8:52 am BST
KBC Advanced Technology introduces Petro-SIM Production process to improve gas processing throughputHOUSTON – KBC Advanced Technologies (KBC) has introduced Petro-SIM Production™, a process facility simulator that is able to improve throughput in gas processing facilities in the order of 10-20% and decrease energy and fuel costs by a similar

Statoil awards well services contracts worth $163 million

by on October 10, 2012 8:31 am BST
Statoil awards well services contracts worth $163 million STAVANGER -- Statoil has awarded contracts worth $163 million to Welltec and Aker Well Services for equipment deployment and maintenance on over 40 installations on the Norwegian continental shelf. The contracts relate to wireline tractor services which are used to transport well intervention equipment, such