Teledyne has acquired the parent company of PDM Neptec, a UK-based provider of underwater cables, fibre optic and electrical subsea connectors. The acquired company will now operate under the name Teledyne Impulse-PDM.
A flurry of early contracts marked August's official sanction of the £1.4 billion development of Cygnus, the largest southern North Sea gas discovery in the last 25 years. Meg Chesshyre reports.GDF Suez, which will operate Cygnus on behalf of partners Centrica and Bayerngas…
Seeking to bolster its engineering support capability for a growing DP3 hybrid vessel fleet, the Sea Trucks Group occupied smart new premises in Rotterdam earlier this year. For founder and chief executive Jacques Roomans the move might suggest a return to his roots but…
The extreme shortage of skilled personnel in the oil & gas industry is arguably the industry's biggest challenge today. Technical solutions may have changed but new challenges remain, particularly in the specialist area of subsea engineering…
Germany's Lufthansa continues to beef up its international oil & gas routes with the launch of Airbus A380 service between Houston and the company's Frankfurt hub. Russell McCulley was invited along for the inaugural flight.Lufthansa flight 440 departed Frankfurt Airport 1 August…
Ocean Riser Systems has joined forces with Enhanced Drilling Solutions, a division of AGR Group, to form AGR EDS-ORS. The move follows AGR’s agreement to purchase the entire shareholding in ORS, subject to financing and board approvals. The transaction was expected to complete in late August…
Aker Solutions has acquired two Norwegian companies, Subsea House and SSH Engineering, from Subsea Holding. The deal, due to complete in 3Q 2012, includes a subsea test facility for subsea products, systems and tools.
Bredero Shaw bagged its second contract for the Inpex/Total Ichthys LNG project in Australia. Awarded by McDermott and worth over $100 million, it calls for pipeline coating and related services for the project’s flowlines and tie-in spools.
The Canadian government, through the Atlantic Innovation Fund, kicked in C$3.2 million to help fund an $8.5 million oil & gas industry research project to improve DP operations in ice. Led by the Centre for Marine Simulation (CMS), the five…
EnerMech has opened an office in Mumbai, India, and will follow up later in the year with a workshop and storage facility in Kakinada, Andra Pradesh, to serve its process, pipeline and umbilicals, cranes and lifting, engineering and valves divisions.
Enteq Upstream has acquired KM Services and Pro-Flow Fabrication Technologies and will rebrand them Enteq KMS. The two companies, both based in Houston, supply machined and fabricated parts and products for directional drilling, mud motor and measurementwhile-drilling equipment…
Rental equipment provider Ferguson Group has set up a new company near its port and storage yard in Jebel Ali, Dubai, to support its range of offshore and refrigerated containers plus accommodation units and workspace modules in the Middle East.
Fugro-TSM Asia Pacific has been awarded a five-year life of field support contract in Malaysia from Murphy Oil worth in excess of $140 million. Project management and engineering will be spread between the Fugro-TSM offices in Malaysia and Singapore.
Drill rig manufacturer Integrated Drilling Equipment (IDE) has acquired drilling control and automation specialist S&P Drives Automation Controls and rebranded it International Electric Company Automation & Controls. IDE chief executive Steve…
Oil & gas IT solutions provider Merrick has established a wholly owned subsidiary in Oslo, branded Merrick Norway.
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