Howco Group PLC, has invested over US$4.6 million in new equipment and machinery at three of its UK plants, with $2 million spent at its facility in Sheffield. The company’s two aerospace-standard heat treatment furnaces offer precise temperature control throughout the operating range…
Praxair Offshore Services Ltd. acquired Scotland-based Dominion Technology Gases Investment Ltd., supplier of diving, welding, industrial, laboratory and calibration gases, and associated equipment to the offshore oil and gas industry. Through its acquisition…
TAM International, Inc., an inflatable and swellable packers provider, opened a new office in Dubai to support the company’s growth in the Middle East. The office offers state-of-the-art technology and is in a centralized area, enabling customers…
Teekay Offshore Partners L.P. has agreed to acquire a 50% interest in the Cidade de Itajai FPSO from Teekay Corporation (Teekay) for about US $204 million. The Cidade de Itajai FPSO is operating on the Baúna and Piracaba fields in the Santos basin off Brazil under a nine-year…
After closing its US$2.5 billion acquisition of well-drilling equipment parts provider Robbins & Myers, Houston-based National Oilwell Varco (NOV) adds three more businesses to its NOV Mono division: Moyno Inc., Chemineer Inc., and Tarby Inc…
Dassault Systèmes, moved to acquire manufacturing software solutions provider Apriso, for about US$205 million. The acquisition of California-based Apriso deepens the global manufacturing operations management capabilities of the 3DEXPERIENCE platform…
Foster Wheeler AG has acquired Monterrey, Mexico-based NorthAm Engineering. NorthAm is one of the largest Mexican engineering and project management companies, specializing in upstream, offshore and onshore, downstream, and power projects…
Royal Boskalis Westminster and Royal Volker Wessels Stevin (VolkerWessels) will establish a joint venture (JV) for carrying out offshore cable installation. Boskalis and VolkerWessels will each hold a 50% stake in Visser & Smit Marine Contracting…
Subsea 7 opened its Global Pipeline Welding Development Centre (GPWDC), the result of a US$15.6 million investment in its operations base at Clydebank, Glasgow. The center will develop welding technology for global deployment. The GPWDC is…
SeaBird Exploration Plc announced today that M/V Geo Pacific was awarded a new contract in the Caribbean. The work is estimated to require 63 days and the contract value is about US$12 million. M/V Geo Pacific is the latest vessel added to Seadrill's fleet…
ABB appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, to succeed Joe Hogan as CEO, effective September 15. Marcio Rocha Mello, founder and CEO of Brazilian E&P firm HRT, has resigned his position…
Mike Earlam joined Aberdeen-based Offshore Installation Services (OIS), an Aceton company, as president in April. OIS specializes in providing support for construction, maintenance, installation and decommissioning projects. As leader of OIS…
Aberdeen-based Flexlife deployed its new integrity monitoring technology, FlexGuard, at Chevron’s Captain field in the UK North Sea. The new monitoring tool provides the operator with instant, continuous monitoring of any subsea riser. This…
WFS Technologies and Stork Technical Services unveiled their Seatooth Smart CP, a subsea wireless cathodic protection (CP) monitoring system designed for retrofit to existing fields. The system monitors the effects of corrosion by measuring…
Aberdeen-based Nautronix enhanced the functionality of the Nautronix NASDrill USBL acoustic positioning systems by incorporating a new transducer design. The company used its acoustic digital spread spectrum (ADS2) signaling technology to house the hydrophone within a ruggedized…