This state-of-of-the-art umbilical manufacturing plant is to be built by Aker Solutions in Pekan, Malaysia, to meet the anticipated Asia Pacific business growth. Representing a total investment of $60 million, the new facility will complement…
Subsea 7 is considering a potential future spinoff and listing of common shares in Veripos, its wholly-owned indirect subsidiary supplying GNSS positioning solutions for the offshore oil & gas industry.
Superior Energy Services has closed the previously announced sale of its marine services segment, comprising 18 liftboats, to a subsidiary of Seacor Holdings for $134 million plus working capital in a deal facilitated by Simmons & Co International.
Aberdeen-based drilling waste management specialist TWMA has opened a new manufacturing base in Houston on the back of recent contracts for its services from several US operators. Ian Nicolson, the company’s VP Americas, said the facility would…
Ulterra opened a stock point for its matrix and steel body PDC bits in Hammond, Louisiana, last month. Overseen by Rob Smith, and strategically located just 46 miles east of Baton Rouge and 58 miles northwest of New Orleans, the new facility will support Gulf Coast drilling operations.
Aberdeen-headquartered mooring design firm Viking Moorings has been renamed Viking SeaTech and will now supply industry personnel, in addition to rig positioning, inspection, maintenance and associated rig support services globally from its bases in the UK, Singapore, Australia and Norway.
Jumbo bolsters heavylift fleetJumbo Shipping last month confirmed that it has ordered a second new K-class vessel, with an option on a third, to complement its existing fleet. And following engineering studies, the Rotterdambased specialist…
FMC Technologies is the recipient of two ‘Spotlight on New Technology’ at the OTC 2012 show in Houston. The awards, which acknowledge innovative technologies that significantly impact offshore exploration and production, are for the Pazflor…
A three-month campaign for West Africa’s first well intervention work and subsea well operations conducted from a monohull intervention vessel was completed recently by Helix Well Ops UK’s 132m-long Well Enhancer. The vessel performed a subsea tree changeout…
ABB and Norwegian naval architect Inocean are to set up an engineering services joint venture offering design, engineering, project management and fabrication supervision for offshore wind projects. ABB Inocean AB will operate under CEO Jon Erik Borgen from premises in Gothenburg, Sweden.
Applus RTD and Applus+ Velosi have entered into a four-year global enterprise framework agreement with Shell relating to vendor and QA/QC inspections and NDT services.
Caterpillar’s new Piracicaba, Sao Paulo manufacturing facility has made its first deliveries to the burgeoning Brazilian offshore market: four Cat 3512 diesel electric propulsion gen sets to Navship, a local shipbuilder operated by Edison Chouest Offshore.
The Swedish Götaverken yard has a new name – Damen Shiprepair Götaverken – and a new business strategy under which the long-established Gothenburg facility, now Dutch owned, is looking to obtain ‘number one ranking in the Nordic region’.
Marine survey and environmental consultancy Emu, with annual revenues over E20 million, has been acquired by Fugro.
Expro has agreed to sell its connectors & measurements business, including the Tronic and Matre brands, to Siemens at a valuation of $630 million.
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