French offshore vessel owner Bourbon has been awarded an integrated logistics contract by compatriot oil major Total in Namibia. Bourbon said on Monday that its Marine & Logistics arm would support Total’s deep offshore exploration campaign in South Namibia in 2020. The project scope covers the provision of a logistics base, freight forwarding, custom clearance,…
Reports emerged from Offshore Energy Today last week of a potential merger between UK’s Subsea 7 and Italy’s Saipem, saying that a combination of the two could rank as one of the European oil services industry’s biggest-ever deals. Norway’s Rystad said the deal would create the fourth-largest oilfield service company. Bloomberg said last Thursday that…
The Seven Energy Group, a Nigerian oil and gas exploration, development, production and distribution company, has just completed the sale of its assets in an acquisition, by a British firm, Savannah Petroleum Plc. According to Punch, the Chief Executive Officer, Savanah Petroleum, Andrew Knoot expressed his joy about the completion of the acquisition. He said,…
Introduction Brake fluid is a type of hydraulic fluid used in hydraulic brake and hydraulic clutch applications in automobiles, motorcycles, and light trucks. It is used to transfer force into pressure and to amplify braking force. It works because liquids are not appreciably compressible. Shell DOT 4 Brake and Clutch fluid is long-lasting and has a low viscosity. It is suitable, especially…