Royal Boskalis Westminster N.V. (Boskalis) acquired a 14.8% stake in Fugro to focus on offshore and (maritime) infrastructure. 'Fugro is an attractive company with activities that fit together well with those of Boskalis. For many years…
Stress Engineering Services, Inc., acquired Efird Corrosion International, Inc., a technical service and research company specializing in corrosion testing and analysis. According to Stress Engineering, the acquisition will provide new corrosion management and testing capabilities…
Höegh LNG Holdings Ltd. it taking its option to order a fifth floating storage and regasification unit (FSRU) at Hyundai Heavy Industries (HHI) in South Korea. The FSRU, which will be delivered during the 1H 2017, has full trading capability…
Australian companies Neon Energy and MEO Australia announced they entered into a merger implementation agreement, under which the companies have agreed to merge by way of an MEO scheme or arrangement. Under the arrangement, MEO shareholders will receive 0…
Bibby Offshore’s Houston-based division, Bibby Subsea, is investing in a custom-built office in Houston. Image of Quasar ROV being launched. From Bibby. The new 6300sq ft office…
UK-based Centek Group opened it its new US$13 million factory and expects to increase its UK production capacity. The expanded works in Newton Abbot, Devon, occupies 75,000sq ft, which with the US factory that opened in 2012 gives a total of 147…
Goltens Worldwide opened its new full service facility in Houston, Texas following months of planning, machinery, and equipment installation. The new location is focused on delivering core specialized diesel engine, in-situ machining and green technologies services portfolio…
Claxton Engineering was awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platform and well assets. Claxton’s Dubai office will perform diamond wire cutting and subsea drilling and pinning…
Marine Contracting has opened an Australian office in Perth to service the Australian offshore market. The company will also open a new yard to house its offshore equipment in Karratha. Key services that Marine Contracting will provide include permanent mooring and riser installations…
Mexico seismic services company COMESA selected Paradigm as a strategic partner for its new seismic data processing center. Through the use of Paradigm software solutions for seismic processing and imaging, subsurface modeling and reservoir characterization…
The Agence de Gestion et de Coopération entre la Guinée-Bissau et le Sénégal (AGC) awarded African-focused Impact Oil and Gas a new exploration license covering the AGC Profond block, located offshore, in the Senegal Guinea Bissau Joint Development Zone (AGC)…
MacGregor, part of Cargotec, announces changes in its operative structure and starts a reorganization into seven operative divisions effective 1 January 2015. The six new operative divisions together with global lifecycle support as the…
Norway’s Statoil awarded KBR, Inc. a three-year master services agreement (MSA) to provide engineering and procurement services for the Norwegian giant on a global scale. The MSA has an option to renew every three years for a total of 12 years…
OneSubsea signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services. The agreement establishes a framework for BG to pursue a standardized approach to subsea production technology…
Noble Energy awarded Nordic Maritime a US$70 million, five-year contract for its DP2 IMR subsea vessel, Mokul Nordic. Mokul Nordic. From Nordic Maritime. The vessel will be performing…