Offshore drilling solutions provider AGR Enhanced Drilling (AGR ED)has further secured its position in the Caspian after BP signed a two-year contract extension with the Norwegian company. The contract was signed by BP Exploration (Caspian Sea) Ltd…
Actuant Corp. to acquire Viking SeaTech (Viking). The purchase is subject to customary regulatory approvals and closing conditions, and is expected to be completed within 45 days. The US$225 million purchase price will be funded from the Actuant Corp…
COSCO Corp. Ltd. has been active completing vessels and signing new construction contracts. The company announced that COSCO (Qidong) Shipyard Co., Ltd has delivered the jackup barge, IB914, and the transportation barge, IB924, to an Australian company…
Severn Glocon Group acquired HPHT company, Calidus Engineering. Now renamed Severn Subsea Technologies Ltd., the company will provide research, development and test facilities to enhance Severn Glocon’s subsea valves capability. A former subsidiary of Badger Explorer (Norway)…
EPC Offshore was acquired by Costain, one of the UK's Tier One engineering solutions providers. The deal marks the launch of Costain Upstream, a new divisional operation combining EPC Offshore’s capabilities with ClerkMaxwell, the oil…
TGS announces three new multi-client surveys; a 3D survey in UK West of Shetlands and two 2D surveys offshore Newfoundland-Labrador. Rona Ridge 2013 (RR13) is a 2,420 km sq 3D survey that will provide the industry's first 3D data in the highly prospective UK West Shetland Basin…
US Bureau of Safety and Environmental Enforcement (BSEE) Director James A. Watson will step down to join maritime class society ABS as its president and chief operating officer (COO) of the Americas Division, effective September 2013. Chevron North Sea Ltd…
Maersk Oil launched the web-only video game Quest for Oil early this summer with the aim of making the oil and gas industry more accessible. OE discusses the strategy behind the game with CEO Jakob Thomasen. Maersk Oil launched the video game…
Vallourec inaugurated a new research center in Rio de Janeiro, due to open in October. The center, located next to Petrobras’ CENPES, will focus on Vallourec’s pre-salt activities, with the support from Vallourec’s center in Belo Horizonte…
COOPER Valves, manufacturer of exotic and nickel alloy industrial valves, partnered with Industrial Logistics/LAVISA, a PVF supply and distribution company, in efforts to expand its exposure in Mexico, Central America, and South America.…
Xodus Group acquired Dubai-based Prime Energy, as part of an expansion drive in the eastern hemisphere. It is the first acquisition Xodus has made in the Middle East following the launch of its Dubai operations in 2012. Prime Energy’s team will form part of Xodus’ subsidiary based in Dubai…
Harkand launched the Harkand Harmony, its newest ROV support vessel, designed to service Asia Pacific’s oil and gas industry. Around 100 invited guests from across the global energy sector attended the christening ceremony at Keppel Marina in Singapore…
Eni has made an oil and gas discovery on the Nene Marine exploration prospect, in the Marine XII Block offshore Congo about 17km offshore. Eni says two wells were drilled on Nene Marine and estimates it contains about 600 million bbls of oil and 700 billion cu ft of gas in place…
US operator ConocoPhillips has agreed to acquire a 35% stake in three contiguous blocks offshore Senegal, West Africa, through two deals announced today. ConocoPhillips is to acquire a 25% interest in the three blocks from Scotland-based…
Wood Group Kenny (WGK) is to support BP's offshore Angola operations under a new engineering services contract worth US$18 million. The contract, lasting 12 months, covers two subsea operations support scopes: one is for work associated with the Block 18 Greater Plutonio operations group…
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