Asset Management News

 

EU Clears OLT Takeover by SNAM and FSI

Feb 18, 2020

The European Commission has approved the acquisition of OLT Offshore LNG Toscana by SNAM and the UK’s First State Investments International (FSI), under the EU merger regulation.According to the Commission, OLT is active in the management of…

Rever Offshore Names MacLeod CEO

Mar 18, 2019

Subsea services provider Rever Offshore, formerly Bibby Offshore, said on Monday it has appointed Barry MacLeod as its new chief executive officer, replacing Mark Bessell, who stepped down from the role last month, for personal reasons.MacLeod’s…

Innovations in O&G Asset Integrity

Feb 01, 2019

While the term ‘innovation’ may have some running for the hills, a group of nondestructive testing (NDT) and asset management experts who will be speaking and exhibiting at the 2019 Australasian Oil & Gas Conference & Exhibition (AOG) are reaping…

Andy Richardson Joins as COO of SimecAtlantis Energy Limited

Oct 23, 2018

Simec Atlantis Energy  announced that it has appointed Mr. Andy Richardson into the role of Chief Operating Officer at Simec Atlantis Energy.A press release from the global developer, owner and operator of sustainable energy projects with a diversified portfolio of more than 1…

Ashtead names UK regional director

Sep 12, 2017

Global subsea equipment specialists Ashtead Technology has named Brett Lestrange as UK regional director. Brett Lestrange Source: Ashtead Lestrange, who has more than 25 years’ experience in the subsea industry…

Askelos, ITF launch JIP

Aug 31, 2017

The Industry Technology Facilitator (ITF) and Akselos have announced they will work together to investigate the potential to revolutionise asset management in the oil and gas industry.  The initiative will bring a joint industry project (JIP) to ITF member companies and beyond…

John Crane wins Culzean data work

Aug 24, 2017

John Crane Asset Management Solutions secured a contract to supply Maersk Oil with data services to support the planned maintenance strategy at one of the largest new developments in the UK North Sea. Image from John Crane…

Petrofac to perform maintenance study

Aug 07, 2017

Petrofac has been awarded a research study from the Energy Institute’s Process Safety Committee in a bid to help improve maintenance management performance across the oil and gas industry. Under the terms of the agreement, Petrofac will…

Windfire to acquire Namibia stakes

Jul 28, 2017

Windfire Capital has signed a letter of intent with DMiner Asset Management to acquire 76.5% in a license offshore Namibia. Windfire will acquire the stake in license 0079, covering Blocks 2815 and 2915, through the acquisition of 91…

Weatherford debuts ForeSite

May 09, 2017

Image from Weatherford. Weatherford International has commercially released the ForeSite production optimization platform at the Weatherford Enterprise Software Conference. The ForeSite…

BP's Clair trials R2S Mosaic

Mar 24, 2017

Aberdeen-based visual asset management (VAM) firm Return To Scene is conducting a pilot project for BP utilizing the latest generation of its visualization technology, R2S Mosaic.  The technology, which adds spatial intelligence, among other advanced new capabilities…

Worley wins BP GOM EPC agreement

Feb 23, 2017

WorleyParsons, in joint venture with Grand Isle Shipyard (GIS), has been awarded a five-year master services agreement for engineering, procurement and construction (EPC) services. The JV, GW Integrated Solutions, is prepared to deliver a fully integrated suite of asset management services…

Penspen, Crestech form Nigerian alliance

Dec 20, 2016

Penspen, a provider of engineering and project management services to the energy industry, has signed a strategic alliance agreement with Nigerian engineering firm Crestech. The partnership will enable the two businesses to provide engineering…

Emerson, IPRES agree to collaborate

Nov 01, 2016

Emerson Automation Solutions and IPRES (Integrated Petroleum Resource and Economic Service), a Norwegian provider of advanced software tools and services to the upstream oil and gas industry, have agreed to collaborate.  Under the terms of the agreement…

Valeport accredits STR lab

Aug 23, 2016

UK-based Subsea Technology & Rentals (STR), a subsea technology design, manufacture and rental company, has received Valeport accreditation for its calibration laboratory. With this accreditation STR can supply third party calibration services…

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