Offshore Activity - page 1168


FMC Technologies

Apr 28, 2012

FMC Technologies has again been named the ‘World’s most admired company’ in the oil & gas equipment and services sector in Fortune magazine’s 2012 rankings, based on a survey of some 15,000 senior executives, outside directors and industry analysts.

Hempel

Apr 28, 2012

Protective coatings specialist Hempel has centralized its global oil & gas sector activities in Houston. Dimitris Likouressis, group protective marketing manager, described this new center of excellence for the industry as ‘another milestone’ in Hempel’s aggressive global growth strategy.

Knight Oil Tools

Apr 28, 2012

Lafayette, Louisiana-based rental tools and fishing services company Knight Oil Tools is celebrating its 40th anniversary this year.

Lufkin Industries

Apr 28, 2012

Lufkin Industries has agreed to acquire Zenith Oilfield Technology. Zenith, based in Aberdeen, specializes in downhole data monitoring and analysis technology and related completion products for the oilfield artificial lift market (OE September 2011).

Man Diesel & Turbo

Apr 28, 2012

The MAN Diesel & Turbo oil & gas business in Zurich has completed the acquisition of Mecos Traxler, a Swiss-based supplier of magnetic bearings for compressors, turbines and other high-speed rotating machinery.

Marubeni

Apr 28, 2012

Marubeni and the Japanese government sponsored private equity firm Innovation Network have acquired Seajacks International from funds controlled by Riverstone Holdings. The terms were not disclosed. The business will be integrated into Marubeni’s power projects & infrastructure division.

Measuring Up

Apr 28, 2012

The new purpose-built Jiskoot technology centre was officially opened in Tunbridge Wells, UK, last month by Jim Wright, SVP of parent company Cameron and president of its Valves & Measurement Group. Cameron invested in the state-of-the-art 20…

Proserv

Apr 28, 2012

Proserv has opened a new facility in Aberdeenshire for subsea system integration testing, factory acceptance tests, tree assembly and BOP re-certifications.

Rowan

Apr 28, 2012

Rowan is changing its legal domicile from Delaware to the UK under plans aimed at ‘improving its long-term competitive position as a global contract driller’. President and CEO W Matt Ralls commented: ‘The offshore drilling industry is a global…

Schlumberger

Apr 28, 2012

Schlumberger has entered into an agreement with Altor Fund II to acquire SPT Group, a privately owned Norwegian software company specializing in dynamic modeling for multiphase flow and reservoir engineering applications.

Tetra Technologies

Apr 28, 2012

Tetra Technologies has acquired Optima Solutions in a £40 million transaction facilitated by Simmons & Co International. Optima provides rig cooling services to suppress heat generated by high rate flaring of hydrocarbons during offshore well test operations.

Winning Ways

Apr 28, 2012

OAA 2012 prize winners (left to right): Professor Alex Kemp (lifetime achievement); Shell UK’s Emma Stephenson (young professional) and Sandy Clark of Amec (large company).Expro Group’s David Shand (left) collects his company’s innovator award from BG’s Neil McCulloch…

Gearing up for growth

Apr 01, 2012

Kongsberg Oil & Gas Technologies is the relatively small group, with a current roster of around 300 people, spun off from parent group Kongsberg Maritime a year or two ago. Having merged its drilling and production units into a single division early this year…

Big crew change now 'in full swing'

Apr 01, 2012

Staffing shortages are creating project delays at a majority of large oil & gas companies, according to new data released by management consultancy Schlumberger Business Consulting.The much-discussed ‘big crew change' – the retirement of geoscientists…

Skills shortage complicates Australian resource boom

Apr 01, 2012

The energy industry skill shortage has renewed long-running debates in Australia over immigration and at times pitted the population centers in the east against the resource-rich but sparsely populated west. The topic was on the minds of many…

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