Seamless pipe mill is Tenaris’ first in US Texas Gov. Rick Perry speaks at an event announcing a new seamless pipe mill in Bay City, Texas (Image: Tenaris)Tenaris will build a US$1.5 billion seamless pipe mill in Bay City, Texas, the company…
Oceaneering International, Inc. reported record fourth-quarter and annual earnings for the periods ended December 31, 2012.For the 4Q 2012, Oceaneering earned net income of $80.6 million, or $0.74 per share, on revenue of $780.9 million. During the corresponding period in 2011…
On 7 December 2012, the Government of Malta awarded three offshore blocks totaling 6,400sq km to Capricorn Malta, a subsidiary of Edinburgh-based Cairn Energy. Cairn CEO Simon Thomson, who succeeded Sir Bill Gammell as chief executive in July 2011…
Oceaneering to provide 3 BOP control systems Multiplex Control Pod (Image: Oceaneering) Oceaneering International, Inc. secured contracts with a subsidiary of Transocean Ltd. to provide three subsea blowout preventer (BOP) control systems…
Reidar Hustoft named Norway managing directorReidar Hustoft named managing director of Dana's Norwegian activities (Image: Dana Petroleum)Aberdeen-based Dana Petroleum appointed a new managing director for its Norwegian activities. Reidar…
Cotemar Group extends contracts for Prosafe semisubs at Cantarell fieldProsafe's Jasminia accomodation semisub accommodates 535 personnel (Image: Prosafe SE)Mexico’s Cotemar Group, a private company headquartered in San Pedro Garza García…
Aker Solutions acquired Canadian firm AKCS Offshore Partner. The company said the buyout supports planned future growth in North America as well as expansion into the St John’s, Newfoundland & Labrador, and Atlantic Canada market. AKCS was formed by Aker Solutions…
Aberdeen-based EnerMech announced plans for a new base in Bergen, Norway. The facility is part of the mechanical engineering firm’s US$4.8 million investment in its Scandinavian business. “This [facility] will give us access to Norway’s largest…
Robbins & Myers accepted NOV’s US$2.5 billion takeover bid. Shareholders will receive $60/share. The transaction transforms the engineered equipment and systems supply firm into a wholly-owned NOV subsidiary. The merger remains subject to approval by US and Canadian regulators.
Bridon’s new wire rope factory at Neptune Quay.Shipments have begun from a new UK wire rope factory built by Bridon International with future deepwater installation and lifting requirements and challenges very much in mind. Meg Chesshyre joined…
Eric Byres leads cyber security webinar Image: iStockphotoIn an OE exclusive webinar, readers were able to ask questions and listen to a live presentation with security expert Eric Byres, a SCADA specialist at Tofino Security. The forum…
BP starts production at Valhall redevelopment Valhall field (Photo: BP)Production has begun at BP's Valhall redevelopment project in the southern portion of the Norwegian North Sea, the supermajor announced on 28 January 2013. BP Group…
Aker takes majority stake in Enovate SystemsEnovateAker Solutions has agreed to acquire a majority stake in Aberdeen-based Enovate Systems Limited - a leading technology company within subsea well control equipment. The financial details of the acquisition are undisclosed…
The Aberdeen company acquires two Gavia AUVs Two Gavia AUVs delivered to NCS SurveyNCS Survey has expanded its growing autonomous underwater vehicle (AUV) fleet with the purchase of two Teledyne Gavia AUVs.These vehicles are the latest…
Ex-Ion Geo CEO forms management consultancyBob Peebler launches Peebler GroupFormer Ion Geophysical chairman and CEO Bob Peebler has launched The Peebler Group, a strategic management consultancy firm. The Peebler Group will begin immediate…