Houston-based marine seismic node firm FairfieldNodal has finalized its acquisition of UK-based marine geophysical services firm WGP Group from Thalassa Holdings. The acquisition will have an effective date of 31 December 2017. FairfieldNodal…
Oceaneering International's Australian subsidiary has formed a partnership with Australian-owned and operated NDT Tech Ops to provide asset integrity services, including integrated inspection, non-destructive testing, and evaluation services…
Lower for longer oil prices are leading operators to reconsider the structure of project contracts. Many are leaning toward supplier-led solutions to cut costs and boost reliability. Karen Boman reports (First published in the January 2018 OE…
AFGlobal has acquired the Axon pressure pump technology and product line from Amkin Technologies, a privately-held oilfield equipment and technology developer. The acquisition of the Axon pump technologies and ability for AFGlobal to…
BiSN announced the expansion of its corporate headquarters with a US$2.6 million (£2million) investment. Based in Warrington, the £2million premises will see BiSN expand into a 2000sq m site, which brings its research and development…
Oilfield Helping Hands (OHH), a nonprofit charitable organization comprised of volunteers devoted to providing assistance to oilfield workers in financial crisis, has set funds aside for recovery in the aftermath of Hurricane Harvey. OHH…
Fugro has announced plans to establish a Hydrography Centre of Excellence for the Americas, supporting its strategic focus on growth in this market sector. Utilizing specialist resources that include autonomous vessels and aircraft, integrated data acquisition techniques…
Jacobs Engineering Group Inc. and CH2M Hill Companies Ltd. have entered into a definitive agreement that will see Jacobs acquire all of the outstanding shares of CH2M in a cash and stock transaction with an enterprise value (EV) of approximately US$3…
JDR has officially opened its European service center in Newcastle upon Tyne, UK, to deliver greater service value for clients and facilitate continued growth. The opening was marked by an official ceremony on Friday (7 July) led by Nick Brown…
ABS unveiled its Global Ship Systems Center and announced the formation of its Hellenic Technical Committee in Athens. Image of the Global Ship Systems Center, from ABS. “This…
MAN Diesel & Turbo has agreed to acquire a 40% participation in Candian company Aspin Kemp & Associates (AKA). AKA based in Montague, Prince Edward Island (PEI), which specializes in power supply, energy management and drive systems for marine applications…
Stress Engineering Services (SES) has teamed up with DeepMar Consulting to expand its existing upstream service offerings. The integrated team will work alongside clients to increase assurance of successful projects in regards to health, safety and environment (HSE)…
Jadestone Energy has withdrawn from the Bone production sharing contract (PSC) offshore Indonesia, with partner AziPac ready to take over. Map of the Bone PSC, from Jadestone. The…
C2Wind and Vattenfall have established a long-term partnership through a two years framework agreement covering design inputs for Vattenfall’s offshore wind projects. C2Wind will support the renewable energy developer and operator with…
Data analytics provider Verisk Analytics has acquired MAKE, an research and advisory business specializing in wind power. MAKE will become part of Wood Mackenzie, a Verisk Analytics business focused on providing research and advisory services to the natural resources sector…