A robust mergers & acquisitions market in the latter half of 2011, particularly in midstream, bodes well for deal making in 2012, according to Deloitte's Center for Energy Studies. But world events could throw a wrench into the M&A machine, as Russell McCulley reports…
It was supposed to be the renewable ‘green jobs success story’ to be emulated by the United States. President Barack Obama pilloried skeptical Americans with it on several occasions way before he took office. Obama may be the loudest but he is not the only megaphone social engineer politician…
In the run up to the Macondo trial, which was to begin in Louisiana late last month, the federal judge hearing the case ruled contracts between well operator BP and its contractors – including Transocean and Halliburton – indemnified the contractors…
ABS concluded its acquisition of Safetec Nordic in January with a signing ceremony in Trondheim. ABS chairman Robert Somerville said the deal was an important step in equipping ABS Consulting to meet increasingly complex offshore challenges.
AGR’s Aberdeen-based consultancy division has doubled its manpower in the Falklands to supply a team to its well management division to work on the Leiv Eiriksson. Following a six-month recruitment drive, the company expected to deploy a 50…
Clover Tool Company recently relocated its world headquarters to a new 10,000ft2 facility in Fulshear, Texas. President and CEO Don Clover said the new facility would ‘enable us to better serve both our specialty bolting and BOP test equipment customers and accommodate future growth’…
CSA International and EGS Survey Group have formed a new Houston-based joint venture company, EGS Metocean Sound Sciences (MSS), to provide metocean and acoustic monitoring services, including consultancy and the collection of high-quality data to assist in engineering…
Static sealing products manufacturer Flexitallic and sealing technologies and engineered hoses distributor Sealex have centralised their operations in Aberdeen. Both companies are members of the FDS Group.
Houston Plating & Coatings is building an 80,000ft2 facility in Scott, Louisiana. Due for completion in June, the plant will provide a variety of corrosion-protection services including electroless-nickel plating and salt-bath phosphate and spray coatings, primarily for oilfield service machinery.
German steel piping procurement group Kürvers has opened a Johannesburg office, led by regional director Tim Booth, to service the burgeoning Sub-Saharan EPC market.
Omega Completion Technology’s new purposebuilt headquarters and manufacturing facility in Dyce, Aberdeen, was officially opened last month by Scottish First Minister Alex Salmond.
Raytheon Anschütz is expanding its presence in the US navigation systems market with the startup of operations in San Diego, California. Co-located at an existing Raytheon facility, the office will be headed by Frank Christophersen, newly appointed VP sales USA.
Craig Group chairman and managing director Douglas Craig reported ‘steady growth’ in 2011 across all its divisions. The Aberdeen headquartered, family-run shipping and energy services firm reported turnover of £111.9 million (up from £92 million the previous year)…
Captain Adarash Kumar (pictured) has been appointed group COO of Ezra Holdings, tasked with spearheading its expanding global operations. His successor as CEO of Emas Marine, the group’s offshore support services arm, is Robin Kirkpatrick (pictured), previously the division’s COO.
Andrew Hurst, professor of production geoscience at the University of Aberdeen, has been presented with the American Association of Petroleum Geologists’ 2012 Grover E Murray award for ‘distinguished and outstanding contributions to geological education’.
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