Technip awarded contract by Valiant for Causeway development

Technip was awarded by Valiant Causeway Limited a lump sum contract, worth approximately €33 million, for the Causeway field development. This field is located about 450 kilometers North-east of Aberdeen, Scotland at a water depth of 150 metres. Full text

GE Oil and Gas acquire Hydril from tenaris

2008.04.02 - Subsea Headlines

GE's Oil & Gas business today announced the successful completion of its acquisition of Hydril Pressure Control from Tenaris.

Hydril Pressure Control is one of the world's leading suppliers of pressure control equipment used in the oil and gas drilling industry, with a special focus on deep and ultra-deepwater applications. Its product lines include Blowout Preventer (BOP) systems, parts, and repair and field services to maintain its installed base of products.

The business is headquartered in Houston, Texas and employs over 750 people globally, who will join the GE Oil & Gas team of 10,500 professionals operating in more than 70 locations worldwide.

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StatoilHydro will sign Shtokman agreement with Gazprom

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