New Product: ESAB Launches InduSuite for Robotic, Welding and Cutting Ops
ESAB recently launched InduSuite, a brand-agnostic portfolio of software applications designed to revolutionize workflow, quality, and business performance, to help fabricators and manufacturers improve operational efficiency. According to ESAB, InduSuite offers three key benefits: simplicity for accessing data and documents with an easy-to-use interface; real-time insight into performance, traceability and workforce accountability; and an unprecedented level of control over metal…
Shell to sell $3B in North Sea Assets
Royal Dutch Shell is nearing the sale of a large part of its North Sea oil and gas assets to private equity-backed Chrysaor for $3 billion, banking sources said, marking a milestone in its drive to reduce debt after buying BG Group. Chrysaor, a North Sea-focused oil company backed by private equity fund EIG Partners, will acquire from Shell a mix of older fields, new developments and infrastructure in a move analysts say could breathe new life into one of the world's oldest offshore basins where production has been in a steady decline since the late 1990s. The anticipated deal in what is a relatively high-cost region has been seen by the industry as a litmus test for the sector's appetite for buying and selling oil and gas fields…
LNG Export Strategies on Agenda at London 'Russian Day'
The role of Russia as a key global supplier of natural gas will be amplified at upcoming 'Russian Day' event. The Russian Energy Minister, Alexander Novak, confirms he will host a special ‘Russian Day’ at one of the world’s leading gas industry events in London this October. The role of Russia as a key global supplier of natural gas will be examined during the day-long session, which also welcomes Novak’s Deputy, Pavel Fedorov, plus chief executives from petrochemical giant SIBUR and liquefied natural gas exporter, Sakhalin Energy. Other leading government and state energy executives will also be present to explore future investment and financing issues in Russian energy and project development.
