The National Ocean Industries Association (NOIA) board of directors has elected Kevin McEvoy as chairman and Dave Welch as vice chairman for the upcoming 2016-2017 term. McEvoy and Welch assumed their positions at the NOIA Annual Meeting in Washington…
Bisso Marine has announced its acquisition of the derrick/pipelay barge Global Iroquois. The 400ft x 100ft x 30ft laybarge has performed pipelay operations worldwide and will be renamed Bisso Iroquois. The central part of the barge’s…
The National Ocean Industries Association (NOIA) board of directors has elected Cindy B. Taylor as chair and Kevin McEvoy as vice chairman for the upcoming 2015-2016 term. Taylor and McEvoy assumed their positions at the NOIA annual meeting today in Washington…
FirmsTechnip acquired Global Industries in a deal worth $1.07 billion and expected to close early 2012. Technip sees the merger increasing its market reach in the Gulf of Mexico, Asia- Pacific and Middle East regions. Global Industries currently has about 2300 employees and operates 14 vessels…
Within a fortnight of closing its $3 billion acquisition of compression, flow technology, measurement and distribution infrastructure provider Dresser, GE last month announced plans to lay out another $2.8 billion to secure the well support division of John Wood Group…
FIRMSSubsea 7 has entered a global technology partnership agreement with CRC-Evans Pipeline International. Under the agreement CRC-Evans' automatic welding, coating and testing technologies will be installed at the Subsea 7 pipeline fabrication spoolbases in Angola…
firmsHouston-based Deep Down is acquiring offshore industry syntactic foam flotation products and insulation materials provider Cuming. Total price for the acquisition including the assumption of certain liabilities is $50 million.The newly…