Offshore Europe News - page 713


GE buys Oceaneering line

Dec 17, 2014

GE has agreed to acquire the Subsea Electric Actuator product line of Oceaneering, a global provider of engineering services and products to the oil and gas industry. The product line goes to market under the Oceaneering Subsea All Electric and Ifokus brand…

Wärtsilä acquires L-3 Marine Systems

Dec 17, 2014

Wärtsilä is acquiring L-3 Marine Systems International (L-3 MSI) from L-3 Communications Holdings in a US$353 million deal. L-3 MSI is a business sector within L-3's Electronic Systems business segment primarily focused on the commercial ship industry…

Alphastrut completes BP North Sea contract

Dec 17, 2014

Alphastrut completed a seven-figure contract with BP for its Clair Ridge project. Image from BP.   The Alphastrut aluminium system was successfully installed on the BP Clair Ridge accommodation module…

Peak gets two new ISO test facilities

Dec 17, 2014

Peak Well Systems (Peak) commissioned two new ISO test facilities in Perth (Western Australia) and Aberdeen (UK). The new facilities provide a controlled environment in which to test downhole plug systems under extreme conditions for prolonged periods of time…

Vard to build CSV for Farstad/Technip

Dec 17, 2014

Norway-based ship builder Vard is to design and build a new offshore subsea construction vessel for fellow-Norwegian firm Farstad Shipping. The 98m-long, 21.5m-beam vessel will be of VARD 3 17 design has been developed especially for subsea and inspection…

SBM able to weather oil price plummet

Dec 17, 2014

SBM Offshore CEO Bruno Chabas has said the firm is well positioned to weather the current down-turn in oil prices thanks to 90% of its backlog consisting of lease and operate income with dayrates not dependent on oil prices or production levels…

TGS appoints COO

Dec 17, 2014

Norwegian geophysical firm TGS has appointment Kristian Johansen to a newly created role - Chief Operating Officer (COO) - effective 1 February 2015.  Johansen joined TGS in 2010 as Chief Financial Officer. Before joining TGS, Johansen…

Statoil submits Gullfaks Rimfaksdalen development plan

Dec 16, 2014

Statoil and partners are investing US$610 million in its latest fast-track project to develop the Rutil discovery that aims to extend the lifetime of the Gullfaks A platform and provide approximately 80MMboe. Ivar Aasheim…

Technip umbilicals

Dec 16, 2014

Technip Umbilicals gives a look at its umbilicals operations. The group has four manufacturing sites: Houston (US), Lobito (Angola) and Tangjung Langsat (Malaysia) and its newest location in Newcastle (UK). Umbilicals form the…

Production efficiency pain and gain

Dec 16, 2014

North Sea production efficiency rates are an embarrassment, says one of the basin’s leading independent operators. Elaine Maslin reports. The UK President of oil and gas independent EnQuest has said the North Sea industry should be 'shocked…

HitecVision creates oilfield group

Dec 16, 2014

Norwegian private equity outfit HitecVision has created a new oil service group by merging five companies in its portfolio. Global Maritime Group comprises companies working within offshore and maritime engineering, marine warranty, dynamic positioning…

AVEVA NET gets improvements

Dec 15, 2014

AVEVA announced a number of improvements to AVEVA NET, its powerful information management software. Customer feedback has already shown that these improvements enhance both overall user experience and productivity, enabling significant…

DNV GL RP on subsea production systems

Dec 15, 2014

Hot on the heels of a new Recommended Practice (RP) for subsea lifting, DNV GL has now published an RP providing guidance on how to establish, implement and maintain an integrity management system (IMS). The aim is to help operators carry…

Kleven, MacGregor sign major contract

Dec 15, 2014

Norway’s Kleven awarded MacGregor a contract for 
six comprehensive deck handling equipment packages.  Image from Cargotec.   The contract will see MacGregor deliver Triplex 42 Multi-deck handlers…

Technip drops CGG approach

Dec 15, 2014

French engineering firm Technip has dropped its big to make an offer for fellow French seismic acquisition and services firm CGG. Technip's shares rose 6% on the announcement, while CGG's dropped 30%.  Technip, which first approached CGG over a possible offer on 10 November…

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