Aberdeen engineering outfit Balmoral Group said it has invested a six-figure sum in Blaze Manufacturing Solutions, taking a 70% stake in the Aberdeenshire-based company.This latest move comes after Balmoral significantly raised its shareholding in another Aberdeenshire company…
A new cutting and sealing tool for the decommissioning sector has been put through its paces in Balmoral Subsea Test Center's submersion tanks in Aberdeen, UK.Accrington-based Allspeeds, manufacturer of Webtool hydraulic remotely operated vehicle (ROV) cutters and systems…
Aberdeen-based deepwater specialist Balmoral announced it has won three industry awards in recent weeks.Earlier this month, the company picked up two prizes at the Energy Industries Council (EIC) national awards in the ‘Service and Solutions’ and ‘Collaboration’ categories…
Junaid Makda discusses Nylacast's materials technology and engineering services for offshore energy markets.
Equipment that will be used to monitor the interaction between tidal turbines and marine mammals in the Pentland Firth has been put to the test in Aberdeen.The linear actuators that underwent hydrostatic testing at the Balmoral Subsea Test Center…
Offshore engineering and services company Subsea 7 revealed it has been awarded two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.The engineering, procurement, construction and installation (EPCI)…
UK-based Offshore Wind Consultants (OWC) and Tata Consulting Engineers Limited (TCE) have signed an agreement to partner up for upcoming projects in the Indian offshore wind sector.Under the agreement, OWC and TCE will combine its powers to…
TechnipFMC, in consortium with Malaysia Marine and Heavy Engineering Sdn Bhd (MHB), has signed a long-term offshore agreement with Saudi Aramco.The six-year agreement covers engineering, procurement, fabrication, transportation and installation…
Aqualis Offshore announced Tuesday it has entered into a five-year master services agreement with McDermott Asia Pacific Sdn Bhd to provide engineering reviews and marine warranty services for the company’s offshore operations in Singapore, Vietnam…
China’s first multi-purpose offshore vessel “Offshore Oil 286” has won the top 20 national excellent ocean engineering projects selected by China Consultant Association of Ocean Engineering.The deepwater engineering ship invested and constructed by Offshore Oil Engineering Co…
Norway’s overall, oil-fueled economic expansion may be hampering the offshore industry from recruiting the engineering talent it needs, just as signs of recovery appear from segment-to-segment.More openly than ever, a Norway-based offshore industry…
UK independent RockRose Energy has completed its acquisition of Idemitsu Petroleum. RockRose agreed to acquire Idemitsu Petroleum from Japan's Idemitsu Kosan in October. Idemitsu's UK assets comprise a substantial number of producing fields in the North Sea…
RockRose Energy has signed deal to acquire Idemitsu Petroleum from Japan's Idemitsu Kosan. The Idemitsu UK's assets comprise a substantial number of producing fields in the North Sea, which include: 30.8% stakes in Repsol's Ross and Blake fields…
Northeast Scotland's Balmoral Group has agreed to take a 'substantial stake' in mooring and lifting firm ACE Winches for a US$13.56 million (£10 million) investment. The two firms are to work together to 'maximize global opportunities in the offshore…
A new center of excellence for testing emerging technologies in the subsea sector is to be established with support from Scottish Enterprise. Balmoral Offshore Engineering, based in Aberdeen, is creating a new open access hyperbaric pressure testing facility for the oil and gas supply chain…
