Vallourec inaugurated a new research center in Rio de Janeiro, due to open in October. The center, located next to Petrobras’ CENPES, will focus on Vallourec’s pre-salt activities, with the support from Vallourec’s center in Belo Horizonte…
GE Oil and Gas will establish its new global headquarters in London, which it expects to be operational by January 2014. Florence will remain the global headquarters for GE Oil & Gas’ Turbomachinery Products and Services. “London was selected…
COOPER Valves, manufacturer of exotic and nickel alloy industrial valves, partnered with Industrial Logistics/LAVISA, a PVF supply and distribution company, in efforts to expand its exposure in Mexico, Central America, and South America.…
Schlumberger acquired Gushor Inc., a Canadian-based petroleum geochemistry and fluid analysis company that provides production and exploration solutions in the heavy oil and oil sand (HOOS) industry. Formed in 2006, Gushor specializes in the integration of geology…
Devan International Ltd., a subsidiary of Keppel Corporation Ltd. (KCL), acquired a 20% shareholding interest in the enlarged share capital of KrisEnergy Ltd. KrisEnergy is currently an associated company of KCL. In connection with the acquisition…
Xodus Group acquired Dubai-based Prime Energy, as part of an expansion drive in the eastern hemisphere. It is the first acquisition Xodus has made in the Middle East following the launch of its Dubai operations in 2012. Prime Energy’s team will form part of Xodus’ subsidiary based in Dubai…
Harkand launched the Harkand Harmony, its newest ROV support vessel, designed to service Asia Pacific’s oil and gas industry. Around 100 invited guests from across the global energy sector attended the christening ceremony at Keppel Marina in Singapore…
Eni has made an oil and gas discovery on the Nene Marine exploration prospect, in the Marine XII Block offshore Congo about 17km offshore. Eni says two wells were drilled on Nene Marine and estimates it contains about 600 million bbls of oil and 700 billion cu ft of gas in place…
US operator ConocoPhillips has agreed to acquire a 35% stake in three contiguous blocks offshore Senegal, West Africa, through two deals announced today. ConocoPhillips is to acquire a 25% interest in the three blocks from Scotland-based…
Wood Group Kenny (WGK) is to support BP's offshore Angola operations under a new engineering services contract worth US$18 million. The contract, lasting 12 months, covers two subsea operations support scopes: one is for work associated with the Block 18 Greater Plutonio operations group…
Norway's PG Marine Group is to provide six of its PG-MACS tanks for a newbuild dual-fuel platform supply vessel (PSV). The vessel, to be built at the Remontowa Shipyward, Romania, will be operated by Siem Offshore on long term charter to Norske Shell…
GE Oil & Gas acquired Lufkin Industries in a deal valued at US$3.3billion. Lufkin manufactures and services artificial lift equipment through more than 110 service centers and nine manufacturing facilities. GE says automation is an integral…
Intervention & Coiled Tubing Association (ICoTA) is requesting nominations for its European Chapter Innovation Award, recognizing the application of technical innovation in the area of well intervention. Entrants will be judged by the ICoTA European Chapter Committee…
Reservoir Group affiliate, Omega Well Monitoring Canada (OWMC), acquired Planet Services Inc. This acquisition furthers OWMC’s plans to transition from a sales-based company, to a provider of installation and servicing. Planet Services has…
AnTech Ltd. secured an investment from Saudi Aramco Energy Ventures (SAEV) and Londonbased Calculus Capital. The funding is being used to launch AnTech’s new DCTD service capability so that it can use its bespoke systems to deliver cost-effective…