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 ƶijϻ.
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.
FMC Technologies has again been named the ‘World’s most admired company’ in the oil & gas equipment and services sector in Fortune magazine’s 2012 rankings, based on a survey of some 15,000 senior executives, outside directors and industry analysts.
Protective coatings specialist Hempel has centralized its global oil & gas sector activities in Houston. Dimitris Likouressis, group protective marketing manager, described this new center of excellence for the industry as ‘another milestone’ in Hempel’s aggressive global growth strategy.
Lafayette, Louisiana-based rental tools and fishing services company Knight Oil Tools is celebrating its 40th anniversary this year.
Lufkin Industries has agreed to acquire Zenith Oilfield Technology. Zenith, based in Aberdeen, specializes in downhole data monitoring and analysis technology and related completion products for the oilfield artificial lift market (OE September 2011).
The MAN Diesel & Turbo oil & gas business in Zurich has completed the acquisition of Mecos Traxler, a Swiss-based supplier of magnetic bearings for compressors, turbines and other high-speed rotating machinery.
Marubeni and the Japanese government sponsored private equity firm Innovation Network have acquired Seajacks International from funds controlled by Riverstone Holdings. The terms were not disclosed. The business will be integrated into Marubeni’s power projects & infrastructure division.
The new purpose-built Jiskoot technology centre was officially opened in Tunbridge Wells, UK, last month by Jim Wright, SVP of parent company Cameron and president of its Valves & Measurement Group. Cameron invested in the state-of-the-art 20…