Latest News - page 2834

 

Learning the drill

Jun 26, 2012

GE is developing a new oil & gas training facility in Houston at a cost of $10 million. Scheduled to open 4Q 2012, the 50,000ft2 GE Drilling Systems Technology Center ‘will focus on customer, technical and leadership skills aimed to meet…

Maca é MOVE

Jun 26, 2012

Maca é MOVE: The latest move in the three-year expansion plan of marine equipment rental and sales specialist Seatronics has been the opening a new office in Macaé. Mark Teles, US and Brazil regional VP, will lead the Brazilian team (pictured).

Optimization Petroleum Technologies

Jun 26, 2012

Houston-based Optimization Petroleum Technologies (OPT) has named DeepDraft Energy as agent to sell and implement OPT’s PEOffice software suite throughout Africa, with an exclusive focus on Nigeria and Ghana.

Proserv

Jun 26, 2012

Aberdeen-headquartered Proserv, backed by private equity firm Intervale Capital, has acquired the subsea controls business of Weatherford International. The deal includes more than 300 personnel and all control systems operations in the UK, Norway, North America, the Middle East and the Far East.

Schlumberger

Jun 26, 2012

Schlumberger has acquired Gedco, a Calgary-based provider of integrated geophysical survey design software and services. Gedco, which becomes part of the WesternGeco business unit, developed the OMNI 3D seismic survey design and modeling system and the VISTA 2D/3D seismic data processing package.

Smit Lamnalco

Jun 26, 2012

Following the 2011 acquisition of Smit’s terminal and anchor handling tug supply activities by Lamnalco, the marines services group has been officially rebranded Smit Lamnalco. Chief executive Daan Koornneef said the new identity reflected the…

StormGeo, DNV

Jun 26, 2012

Building on its strategic partnership with meteorology and risk assessment firm StormGeo, DNV has acquired the right to purchase 22.6% of StormGeo’s shares through a mutually convertible capital issue.

Technip

Jun 26, 2012

Technip has entered into an agreement to acquire Stone & Webster process technologies and the associated oil and gas engineering capabilities from The Shaw Group for a cash consideration of approximately €225 million.

Topaz Energy & Marine

Jun 26, 2012

UAE-based Topaz Energy & Marine has signed phase one of a US$ 330 million loan agreement with a syndicate of banks towards the refinancing of some of its existing loans. As well as extra liquidity, the deal paves the way for new investments in Topaz’s offshore support vessel operations.

Valle Silencioso

Jun 26, 2012

Valle Silencioso, a company managed by Sophia Capital, now has a 95.8% stock holding in pipeline coatings and subsea thermal insulation specialist Socotherm following the acquisition of 50% of the outstanding shares of SO-4 Ltd from 4D Global Energy Investment…

West Engineering Services

Jun 26, 2012

Newly acquired West Engineering Services joined the Lloyd’s Register stable on 1 May in a move the class society believes will secure its position as the premier independent risk-management organisation supporting the global offshore drilling industry…

Craig Clarke named VP Americas for EFC Group

Jun 26, 2012

Craig Clarke has been named VP Americas for the Aberdeen-headquartered EFC Group, based in Houston. He was previously the company’s Asia Pacific BDM.

Venkatraman Sheshashayee new CEO of Jaya Holdings

Jun 26, 2012

Venkatraman Sheshashayee succeeds the retiring Chan Mun Lye as CEO of Singapore vessel operator Jaya Holdings. Max Alexander Hafstad Hartvigsen becomes the company’s president, offshore.

Dana Ourso joins InterMoor

Jun 26, 2012

Dana Ourso (pictured) has joined InterMoor as HR manager in the company’s Morgan City, Louisiana office. He was previously with the Shaw Group, Global Industries, Albemarle and J Ray McDermott.

Jaeho Ko appointed president and CEO of Daewoo Shipbuilding & Marine Engineering

Jun 26, 2012

Jaeho Ko (pictured) has been appointed president and CEO of Daewoo Shipbuilding & Marine Engineering (DSME), replacing Sang-Tae Nam who served as CEO for six years.

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