8Mergers & Acquisitions News

 

Reach Subsea Set to Complete Acquisition of iSurvey

Mar 22, 2022

Norway-based subsea services company Reach Subsea is set to close the acquisition of the offshore survey company iSurvey, first announced in mid-February.As previously reported, Reach Subsea said on February 17 it had agreed to buy the offshore…

AD Ports Buys Divetech Marine Engineering Services

Feb 28, 2022

AD Ports Group today announced that it has acquired Divetech Marine Engineering Services, a UAE-based topside-subsea solutions provider that offers a range of services including installation, inspection, repair, and maintenance for ports and other maritime organizations…

BP Taps PGS for CCS 3D Seismic Survey

Jan 18, 2022

Norwegian offshore seismic data acquisition firm PGS has secured a Carbon Capture and Storage (“CCS”) 3D seismic acquisition contract with BP in the UK.PGS will carry out the survey over the Endurance reservoir, located about 145 kilometers…

W&T Offshore to Buy Shallow Water GoM Oil Fields for $47M

Jan 10, 2022

U.S. Gulf of Mexico-focused oil and gas company W&T Offshore has agreed to buy working interests in and operatorship of oil and gas producing properties in Federal shallow waters in the central region of the Gulf of Mexico from privately-held…

Petrobras Hires PGS for 'Significant' 4D Survey Offshore Brazil

Dec 03, 2021

Norwegian marine seismic data acquisition company PGS said Friday it was scheduled to start a significant 4D acquisition survey for Petrobras over the Roncador and Albacora Leste fields offshore Brazil in Q2 2022. The acquisition is expected to complete in Q3 2022…

Survitec Completes Blue Anchor Acquisition

Nov 04, 2021

U.K.-based safety and survival solutions provider Survitec said it has completed its acquisition of Blue Anchor Fire & Safety, a Scottish provider of survival solutions to the fisheries, maritime and offshore energy industries.The investment…

PGS Wraps 2021 Seismic Acquisition Campaign Offshore Canada

Sep 29, 2021

Norwegian seismic data acquisition company PGS has said that it has on behalf of the PGS-TGS joint venture acquired over 10 000 sq. km of 3D GeoStreamer data offshore Newfoundland and Labrador between May and September this year. The data from…

Svanehøj Buys Wärtsilä Tank Control Systems

Sep 17, 2021

Finland-based marine equipment and technology firm Wärtsilä has sold Wärtsilä Tank Control Systems business to Svanehøj, a Danish gas pump specialist involved in the design and manufacture of specialized deep well pump solutions within the areas of gas pumps…

PXGEO Secures North Sea OBN Survey Deal

Aug 25, 2021

Offshore seismic services firm PXGEO said Wednesday it had secured an Ocean Bottom Node marine seismic acquisition contract.The project, in the North Sea, is expected to start in the second quarter of 2022.In a brief statement released Wednesday…

Seismic Firms Team Up for Offshore Wind, Carbon Capture Projects

Aug 24, 2021

Magseis Renewables, a renewables-focused subsidiary of the Norwegian offshore oil and gas seismic acquisition contractor Magseis Fairfield, has entered two technology pilot projects for carbon capture and storage (CCS) and offshore wind in collaboration with the Norwegian seismic data company TGS…

Silixa Claims 'World's first' as it Installs Distributed Acoustic Sensing (DAS) System at BP's Gulf of Mexico Field

Aug 11, 2021

Optical fiber sensors provider Silixa on Wednesday announced the successful installation, validation, and borehole seismic acquisition from a permanently installed fiber-optic Distributed Acoustic Sensing (DAS) system, Carina Subsea 4D, on BP’s Atlantis Phase 3 subsea field development…

Kent Acquires Majority of SNC-Lavalin's Oil and Gas Business

Jul 30, 2021

Bluewater-backed energy services firm Kent, formerly known as Kentech, has completed the acquisition of the majority of SNC-Lavalin’s oil and gas division, with a minority portion to follow at a later date. 'The Company now harnesses the strength…

ExxonMobil Hires PGS for 4D Survey Offshore Guyana

Jun 28, 2021

Norwegian offshore seismic surveyor PGS has been awarded a 4D seismic acquisition contract by ExxonMobil for work offshore Guyana.PGS will deploy a Titan class seismic acquisition vessel in the fourth quarter of 2021 with the acquisition slated for completion in the first quarter of 2022…

EnQuest Signs 750M Loan to Fund Golden Eagle Acquisition, Refinance Debt

Jun 11, 2021

UK oil and gas company EnQuest has said it has signed a new senior secured borrowing base debt facility of around $600 million and an additional amount of $150 million for letters of credit for up to seven years.'The new facility will enable…

Brazil: Petrobras Set to Start Sapinhoá Field OBN Survey

Jun 10, 2021

Brazilian oil firm Petrobras is set to kick off the first of the two seismic acquisitions of the Sapinhoá field monitoring project, in the pre-salt of the Santos Basin, offshore Brazil.'Seismic acquisition is an important tool for managing the deposit (reservoirs) and optimizing production systems…

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