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MHWirth has secured a contract from Wood Group Canada for a drilling package, including equipment, engineering and services for the…
MHWirth has taken a 20% stake in Norwegian technology firm Electrical Subsea & Drilling in exchange for technology it has…
Friday, 15 July 2016 10:05

AFGlobal to acquire MHWirth subsidiary

Houston-based AFGlobal Corp. has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth. The resulting combination of companies…
Singapore’s Keppel Offshore & Marine has entered into an agreement with Russian oil major, Rosneft, and Norwegian drilling equipment firm,…
Published in OE Press: 2016 / May
Tuesday, 09 February 2016 03:43

BOP problems let down Songa

Blow out preventer (BOP) related issues have hit Songa Offshore with low earnings on two of its new Cat D…
Thursday, 16 July 2015 03:23

Drilling slump "worse than 2008-9"

The drilling market is turning out to be worse than in 2008-9 and is expected to continue into 2016 and…
Published in OE Daily: 2015 / July