Robert P Peebler has retired as Ion Geophysical’s executive chairman. Former board chair James M Lapeyre Jr has replaced Peebler, who will remain a consultant to the company. Peebler served as president and CEO from 2003.
Universal Pegasus has appointed Terry Mienie as business development director for the UK and international. Mienie, who joins from Penspen, will focus on growing the firm’s UK subsea business.
Aker Solutions acquired Canadian firm AKCS Offshore Partner. The company said the buyout supports planned future growth in North America as well as expansion into the St John’s, Newfoundland & Labrador, and Atlantic Canada market. AKCS was formed by Aker Solutions…
Carrizo Oil & Gas has agreed to sell its wholly-owned subsidiary, Carrizo UK Huntington, and its 15% interest in the North Sea Huntington field for US$184 million in cash to Calgary-based Iona Energy. The Houston-based explorer expects to net $116 million from the sale…
Aberdeen-based EnerMech announced plans for a new base in Bergen, Norway. The facility is part of the mechanical engineering firm’s US$4.8 million investment in its Scandinavian business. “This [facility] will give us access to Norway’s largest…
FMC Technologies purchased 173 acres in Houston’s Generation Park. The Houston-based company said the purchase affords the firm flexibility and options as it assesses its future needs in the area.
Halliburton has added remote, open-close technology specialists Red Spider to its Halliburton Completion Tools product service line. The Aberdeen based Red Spider said the acquisition not only expands its geographical reach in Australasia, Brazil…
Ocean Installer and McDermott International struck an alliance to pursue and execute North Sea rigid pipelay projects. The new partnership paves the way for a more permanent relationship. Along with Ocean Installer’s expertise and North Sea organization…
Oil Spill Response has united with Fort Lauderdale, Florida based Clean Caribbean & Americas under the banner OSRL. The new organization will support adoption of best practices and will offer members enhanced response capability and equipment…
Robbins & Myers accepted NOV’s US$2.5 billion takeover bid. Shareholders will receive $60/share. The transaction transforms the engineered equipment and systems supply firm into a wholly-owned NOV subsidiary. The merger remains subject to approval by US and Canadian regulators.
Shell celebrated the relaunch of its Shell Technology Center Houston in January. The expanded facility contains one million square feet of laboratory and office space and houses 2000 Shell scientists and engineers, making it the largest of Shell’s three worldwide technology centers…
Aker to supply Aasta subsea production system SPAR platform on the Aasta Hansteen fieldAker Solutions has signed a contract with Statoil for the supply of a subsea production system for the Aasta Hansteen field development project on the Norwegian Continental Shelf…
Weatherford has been mobilizing a bucking unit equipped with torque/turn process control systems to an operator’s onshore Australian support base and providing full pipe preparation. Weatherford’s Aaron Sinnott explains how these services significantly reduced operating costs…
Bridon’s new wire rope factory at Neptune Quay.Shipments have begun from a new UK wire rope factory built by Bridon International with future deepwater installation and lifting requirements and challenges very much in mind. Meg Chesshyre joined…
BC Petroleum (a ROC, Dialog Group and Petronas venture) discovered 87m of hydrocarbon pay in multiple zones of the Balai-2 well off east Malaysia. Drilled to 2266m TD, Balai-2 targeted a shallow carbonate reservoir and a deeper series of stacked sandstone reservoirs…