Wood Group acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress…
Unique Group, formerly known as Unique Maritime Group, has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets. With a current turnover in excess of US$100 million…
DNV GL Group appointed Tor Svensen as group executive vice president. Knut Ørbeck-Nilssen will succeed Tor Svensen as chief executive officer of its maritime business area. Both will report to the incoming group president and CEO Remi Eriksen…
A consortium formed by Hydro Group and Wenex Equipments has successfully secured a US$3.9 million marine renewables contract. The contract involves the manufacturing and installation of array cabling infrastructure on the SEM-REV marine renewable energy project…
BG Group announced that operational control of Train 1 at its Queensland Curtis LNG plant has been formally transferred to QGC, BG Group's Australian subsidiary, from Bechtel Australia, which constructed the facility. QCLNG…
ABS awarded approval in principle (AIP) for Hyundai Heavy Industries’ (HHI) next-generation HD12000 heavy duty, wide beam drillship design. The drillship, which can accommodate a 20,000-psi blowout preventer system, has been designed in full…
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…
Alan Semple, Wood Group chief financial officer (CFO) intends to retire and step down from his current role and from the board at the company's annual general meeting in May 2015. David Kemp will succeed Semple…
Wood Group Mustang has been awarded the pre-front-end engineering design (pre-FEED) contract by Statoil for the proposed Snorre C tension leg platform (TLP) to be located on the Norwegian continental shelf. Work is being conducted by…
UK-based energy services provider Penspen acquired the engineering division of DPS Group. The acquisition increases Penspen’s headcount by 10%; strengthens its oil and gas process facilities engineering capability; and brings access to the FPSO construction market in Asia Pacific…
Australian supply chain logistics group Brambles is to acquire Aberdeenshire-based Ferguson Group for an enterprise value of £320 million (US$545 million) expanding its container business. Ferguson Group provides container solutions to the offshore oil and gas sector…
Houston-based ABS has been selected to class the Remora HiLoad dynamic positioning (DP) BR loading unit, a second generation of the HiLoad DP system that connects to and keeps conventional tankers in position during crude oil offloading from floating production installations…
Woods Hole Group today announced the appointment of Robert (Bob) P. Hamilton Jr. to President. Dennis Aubrey, who served as President since 2001, transitioned the office to Hamilton, and will serve as CEO. Hamilton joined Woods Hole Group in 1994…
Wood Group has boosted its Norwegian offshore engineering capability by buying Agility Projects from Agility Group for about US$164 million. Agility Projects is a Norwegian engineering, procurement, construction management, installation and commissioning company…
Houston-based EFC Group appointed Anand Puthran as its managing director, a newly created role for the company. Puthran joins EFC Group with more than 15 years of experience working in the oil and gas industry in managerial positions…
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