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).
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 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.
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 has opened a new facility in Aberdeenshire for subsea system integration testing, factory acceptance tests, tree assembly and BOP re-certifications.
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 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 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.
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…
Ali Al Hauwaj has been appointed exploration manager for Caspian player Dragon Oil. He previously served Saudi Aramco for over 30 years, the last seven as exploration department manager. Thor Haugnaess, previously with Schlumberger, has been named an independent nonexecutive director Dragon Oil.
Archie Kennedy (pictured) has joined Nexen Petroleum UK as MD, replacing the retiring Phil Oldham. Kennedy was director of management consulting firm Garran Point, and prior to that served in senior roles with ConocoPhillips in the US, Cadada and UK.
Bill Yuile has stepped up from BDM to MD at Aberdeen-based engineering consultancy Apply Altra. He takes over from Agnar Kongshaug, who stood in for ten months while also serving as VP engineering with Norwegian parent group Apply Sørco.
Bruce Burrows has been appointed non-executive chairman of Perth, Western Australia registered E&P company Rialto Energy. Burrows, based in London, succeeds Glenn Whiddon who is now a non-executive director.
Callum Munro (pictured), a senior well engineer with BP, has taken over the chairmanship of the European chapter of the Intervention & Coiled Tubing Association (ICoTA). Fellow committee member Michael Taggart, a Baker Hughes engineering manager, was appointed co-chairman.
Dave Workman (pictured), CEO of Stork Technical Services, has been elected chairman of the UK’s Offshore Contractors Association (OCA). He replaces John Pearson, Amec Natural Resources’ MD for Europe and West Africa, who handed over…
