Mustang has acquired a majority stake in Latin American automation and control engineering and consulting firm ISI Solutions for an initial consideration of $5.2 million. The company will be rebranded ISI Mustang and will continue to be led by Pedro Santamaria and the existing management team.
Oceaneering is acquiring IRM, subsea engineering and field operations services provider AGR Field Operations from Norway’s AGR Group in a $240 million transaction.
Classification society RINA expects its recent move to take control of Italian engineering consultancy D’Appolonia to boost group turnover by almost 50% and significantly strengthen its expertise and range of services in the offshore and port development fields…
ALL RHODES LEAD TO . . .: Susan Cunningham (pictured), SVP worldwide exploration at Noble Energy, received the Rhodes Petroleum Industry Leadership Award in Houston last month. It was one of six awards presented by the Petroleum Division…
With 22 active heave compensated (AHC) cranes ranging from 10t to 250t currently operational on its vessels and another 17 on order, French offshore service provider Bourbon Subsea Services considers itself something of an authority on AHC crane capabilities…
Offshore rig and vessel repair continues to produce attractive returns for yards that are well placed strategically and geographically. OE checks out the latest developments at two players – one in Bahrain, the other in Gibraltar – still relatively…
A deployment system for the installation of large-diameter, reinforced, bonded rubber hose offloading lines for catenary anchor leg mooring buoys has been developed by floating production and mooring systems company SBM Offshore and handling systems specialist Caley Ocean Systems…
With a number of new vessels in the works and others just starting to make their presence felt in the market, Jumbo Offshore's recent announcement that it will build a new-generation K-Class heavylift vessel suggests there's still plenty of competitive juice in the offshore installation…
An innovative installation approach was adopted this summer for a Dutch riser access tower constructed under Shell's SWEEP gas accumulation development programme. David Morgan reports.The 800t riser access tower (RAT) was fabricated by Mercon…
The offshore yard of Hyundai Heavy Industries in Korea will start cutting steel for Dockwise's new marine transportation super vessel in September. David Morgan reports.Previously referred to as ‘Type 0' but officially named as Dockwise Vanguard on 19 August…
The steady workload situation at Schiedam-based HSM Offshore continues to be the envy of many North Sea fabricators. Business was good when OE last visited the yard a year ago; it’s got even better since, as David Morgan reports.Back in the summer of 2010 Total’s K5-CU platform (850t topsides…
The offshore helideck market continues to be a strong focus of Nieuw-Lekkerland headquartered aluminium specialist Bayards, which continues to optimise its product range and extend the global spread its offshore sector sales.The company is currently…
With a series of North Sea contracts under its belt, project management company EPC Offshore is on track for £6 million-plus turnover in only its second year of business. In the first of OE’s reports on some of the people and companies illuminating today’s Aberdeen offshore scene…
‘We don’t see ourselves as just the crane people, we want to be seen as a lifting solutions provider.’ So says Doug Sedge, the highly regarded and much travelled chief executive of Sparrows. He talks to Meg Chesshyre.As a company we have a significantly large engineering resource base…
Downhole gauges and ESP bypass systems are among the home-grown, leading edge offerings in the Zenith Oilfield Technology portfolio. Meg Chesshyre met up with managing director Greg Davie to find out what else the company has in the works.Based near Aberdeen…