| | |

Newest Subsea Team Targets 80% cost savings on Tree Installations

ByTech News team Reading Time: 4 minutes

Arising from the dwindling crude oil price and attendant reduction in cost of operations in oil and gas capital allocations the newest subsea team targets 80% reduction in the traditional cost of subsea tree installations. This is a  group of ex-FMC employees have teamed up with subsea installation player DeepOcean to found Optime Subsea Services, whose…

| |

Next Generation Centrifugal compressor from GE oil and Gas

ByTech News team Reading Time: 2 minutes

GE Oil & Gas announces the development of the next-generation Roots advanced efficiency centrifugal compressor to significantly boost the energy efficiency of industrial air/gas and wastewater applications. Building on more than 90 years of Roots compressor technology, this compressor will help operators reduce plant energy consumption. Compression energy accounts for up to 60 per cent…