GE opened its US$500 million Brazil Technology Center in Rio de Janeiro. The research hub will focus on developing advanced technologies for offshore oil and gas exploration and production. The center, GE’s first in Latin America…
Deepwater Wind awarded Gulf Island Fabrication, Inc. a contract for the fabrication of five jacket/piles for the Block Island Wind Farm off the coast of Rhode Island. The Block Island Wind Farm is a shallow water wind turbine project…
National Drilling Company (NDC), Abu Dhabi, awarded Lamprell a US$365 million contract for the construction and delivery of two high specification jackup drilling rigs of a Super 116E (enhanced) class. Under the contract terms, NDC has…
Emerson has acquired the Paine Electronics business from Paine Electronics, LLC, which will become part of Emerson Process Management. Paine Electronics, a leading manufacturer of pressure transducers, is recognized worldwide for its pressure…
Shell Gabon awarded Van Oord an engineering, procurement and construction (EPC) contract for the replacement of a dual 10km long oil export line. The EPC contract began this month and continues until summer 2015. The export line runs from the Gamba terminal…
Statoil Petroleum awarded Interwell a frame agreement for the scope of completion services in the Norwegian Continental Shelf (NCS). The six-year contract has an initial period of two years with two additional optional periods of two years.
Brunei Shell Petroleum Co. Sdn. Bhd. (BSP) awarded McDermott International, Inc. a three-year shallow water pipeline contract to transport and install pipelines and umbilicals for the Champion and Ampa Fields, offshore Brunei. Image…
Following Netherlands-based Royal Boskalis Westminster’s acquisition of 14.8% stake in Fugro on Friday, Fugro reaffirmed the company’s intent to stay independent on Monday, 10 November. “Fugro highly values its position as the world leading…
GDF Suez Norge awarded RSI a three-year, US$2 million quantitative geophysical services frame agreement in Norway. The scope of the services covers geophysical well log analysis, rock physics, seismic reservoir characterization and electromagnetic inversion and integration.
Intertek has invested US$2.8 million in its new Abu Dhabi Technology Centre, which supports new exploration and existing operational activity. The Abu Dhabi Technology Centre is currently equipped to provide reservoir characterization services…
Ceona and Marine Platforms Ltd. (MPL) were awarded two contracts in Nigeria worth a total of US$30 million. Ceona will provide vessels and its installation expertise on the Eni Nigerian Agip Exploration Ltd. ABO12 well completion, as…
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…
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