ITT Corporation has signed an agreement to acquire Germany's Bornemann Pumps. Robert J Pagano Jr, president of ITT's industrial process business, said Bornemann's twin-screw technology and multiphase applications experience would align strategically with his business line…
An affiliate of Kohlberg Kravis Roberts & Co (KKR) has acquired a majority interest in the Acteon subsea services group from First Reserve, with management retaining a significant holding in the company. The executive management team will remain in place…
Reflex Marine has established a new accredited service centre (ASC) in Houston for its FROG and TORO personnel carriers.
SBM Offshore has signed a commercial development agreement with modular gas to liquid solutions provider CompactGTL to work exclusively together on the marketing and execution of projects involving associated gas challenges for offshore oil fields…
Schat-Harding opened two new Norwegian offices and service centres, in Bergen and Stavanger. Both bases will focus on delivering in-service support and maintenance for lifeboats and davits in the North Sea.
Senergy will receive patented geosteering software designed by operator Apache as part of a co-operative software development agreement. The technology package, including the innovative PetroSleek geosteering tool, will be used within Senergy's…
Aker Solutions has established a subsea lifecycle service base in Labuan, Malaysia, to support installed and future Asia Pacific shallow and deepwater projects, starting with Murphy Sabah Oil's current Kikeh and upcoming Kikeh phase two…
WorleyParsons has officially opened an Aberdeen office, its first operational base in Scotland. Run by location manager Neil McMillan, it will offer five of the company's service lines: Select pre-FEED engineering, subsea engineering through Intecsea…
Bechtel and Subsea will work together to develop offshore wind and associated transmission projects in Europe, including the UK and Germany. Under a nonexclusive joint approach they will offer developers and utilities a single contracting group…
DNO International's Benenan-3 well in the Kurdistan region of Iraq has encountered oil, the Norwegian company announced on 6 November 2012.The Benenan-3 well, which was drilled on the Erbil license, encountered an additional 210 meter oil…
INPEX has signed a service contract with the Iraqi State Oil Compnay (South Oil Company) for the onshore Exploration Block 10 jointly with LUKOIL.INPEX and LUKOIL have been successfully awarded the rights to explore the Exploration Block 10…
TransCanada Corporation announced plans to donate up to $250,000 in equipment and cash to help New York speed up recovery efforts following Hurricane Sandy.TransCanada has an active presence in the New York region where the company operates the Ravenswood Power Facility in Long Island City…
Strong majorities of voters support increased access to domestic oil and natural gas resources, regardless of party affiliation, gender or age, according to a new Harris Interactive poll released by the American Petroleum Institute. 'Almost all voters agreed energy issues were important to them…
Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has receive a letter of intent for the provision of the accommodation semi-submersible Borgholm Dolphin for a twelve month period commencing 1 June 2013 supporting operations in the UK sector…
Illustration: Bonaparte LNGGDF Suez has selected KBR to design an FLNG production vessel for its Bonaparte LNG project offshore Darwin, Australia, KBR announced on 8 November 2012.The contract is part of an initial concept definition design competition for the vessel…
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