National Oilwell Varco is acquiring California-based fiberglass pipe manufacturer Ameron International in a deal valued at approximately $772 million. Subject to Ameron shareholder approval, the transaction could close as early as the fourth quarter…
Andrew McBarnet detects a rebuilding of industry confidence in marine controlled source electromagnetic surveys after a troubled period for the operators of the technology.It is now almost exactly 10 years since a somewhat historic scientific…
At the EAGE annual meeting in Vienna Andrew McBarnet discerned a mood of surprising equanimity in the marine seismic community.Some titles are hard to live up to. So, even though the recent annual meeting of the European Association of Geoscientists…
Andrew McBarnet reviews some of the history of Norwegian marine seismic ventures to assess the aspirations of the latest entrant into the market.The launch of yet another Norwegian-inspired company dedicated to making its mark on the marine seismic business is so déjà vu…
Greene's Energy Group has opened an operational base in Singapore to serve the company's Asia Pacific region. The 140,000ft2 location includes offices, a warehouse and heavy equipment yard space, and will provide a regional base for all of Greene's business divisions…
Within a fortnight of closing its $3 billion acquisition of compression, flow technology, measurement and distribution infrastructure provider Dresser, GE last month announced plans to lay out another $2.8 billion to secure the well support division of John Wood Group…
Ahead of the September launch of its second offshore licensing round, Uruguayan national oil company Ancap opened up a Houston data room in February in hopes of whetting IOC appetites. Jennifer Pallanich paid it an early visit.Uruguay Round II has fair bidding terms according to Santiago Ferro…
Reporting from last month’s SEG annual meeting in Denver, Andrew McBarnet finds marine seismic contractors frustrated by contract bidding woes.There is no question about what was bothering the marine seismic community at last month’s well attended…
Some new twists and turns have been added to the well chronicled travails of companies fighting an uphill battle to establish the use of marine controlled source electromagnetic (CSEM) technology for offshore hydrocarbon detection.Careful reading…
Schlumberger wrapped up its $11 billion purchase of Smith International at the end of August. Andrew Gould, chairman and CEO of Schlumberger, commented: ‘We are ready to begin the process of realizing the synergies made possible by this merger…
Andrew McBarnet suggests that the major marine seismic players are favourites to win in a crowded market.You would never realise it from the current crop of financial results and muted forward-looking statements from CEOs of marine seismic vessel operators…
Fugro has teamed up with specialist underwater acoustics company Jasco Applied Sciences to provide a new marine renewables sector service – measurement of underwater noise and allied consultancy.With the measurement of underwater noise created…
Andrew McBarnet detects a shift of emphasis in the marketing of marine seismic.The marine seismic industry is well used to the cyclical nature of its operations, but could currently be described as being in something of a state of limbo. This…
New view for crane operatorsClaxton's new EEx-rated crane boom rig camera helps rig crane operators monitor the area beneath the crane boom, where loads can often be moved into 'blind' areas not visible from the crane's cab.Claxton, an Acteon company…
Handling the loadCargotec is to deliver MacGregor offshore and subsea load-handling systems to a deepsea research vessel on order at Mitsubishi Heavy Industries’ Shimonoseki shipyard in Japan.‘This contract highlights Cargotec’s capacity and technological expertise in offshore load-handling…
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