Aberdeen stalwart Balmoral Offshore Engineering already has a business unit trading under that name in Brazil. Now the company is preparing to take the next major step, setting up a manufacturing facility in the region. Meg Chesshyre reports…
Australian contractor Clough is selling its offshore marine construction business to Malaysia's SapuraCrest Petroleum in a cash deal worth roughly $129 million. The sale includes the Java Constructor derrick lay barge, Clough's interest in the…
‘We don’t see ourselves as just the crane people, we want to be seen as a lifting solutions provider.’ So says Doug Sedge, the highly regarded and much travelled chief executive of Sparrows. He talks to Meg Chesshyre.As a company we have a significantly large engineering resource base…
With a series of North Sea contracts under its belt, project management company EPC Offshore is on track for £6 million-plus turnover in only its second year of business. In the first of OE’s reports on some of the people and companies illuminating today’s Aberdeen offshore scene…
Downhole gauges and ESP bypass systems are among the home-grown, leading edge offerings in the Zenith Oilfield Technology portfolio. Meg Chesshyre met up with managing director Greg Davie to find out what else the company has in the works.Based near Aberdeen…
Discovering Arctic EuropeResources and business conditions in Arctic Europe will be the subject of a mini-seminar during Offshore Europe organized by the cities of Aberdeen, Bodø and Kirkenes.A large new area became available when the delimitation…
One-trip solutionBaker Hughes last summer deployed a drilling system featuring a TORXS expandable liner hanger package with an EZCase casing bit system to assist an operator bedeviled by a problem zone. The unidentified operator was unable to…
Aberdeen-based specialist explosives service provider Spex Services launched a new division earlier this year to capitalise on the business opportunities opening up in the decommissioning and salvage sectors. The company operates from three bases…
Letters of intent for the removal of two redundant North Sea platforms, H7 and 2/4-S, have been awarded by Statoil on behalf of operator Gassco. AF Decom Offshore will remove and sell H7, while Saipem UK will remove 2/4-S. Both installations are to be removed by the end of 2014…
Seeking to establish itself as the national strategic centre of excellence for subsea research, the National Subsea Research Institute (NSRI) recently unveiled the future focus for its ground-breaking research – and the accent will be very much…
Time is running short for a collaborative and cost-efficient approach to decommissioning, believes Optimus consultant Stuart Heggie.Perhaps understandably, governments and operators have put off decommissioning as much as possible. However,…
The Industry Technology Facilitator (ITF) has gone from strength to strength in the past year or two, with some of the new technologies it has supported making a real difference in the field and its global expansion progressing well. Managing…
National Oilwell Varco is acquiring California-based fiberglass pipe manufacturer Ameron International in a deal valued at approximately $772 million. Subject to Ameron shareholder approval, the transaction could close as early as the fourth quarter…
The proliferation of modern specialist vessels serving just about every sector of the offshore oil & gas business has not gone unnoticed by traditional shipping industry equipment and service providers, as was plain to see at the 2011 Nor-Shipping event in Oslo late May…
Through industry technology facilitator ITF, Green Ocean Energy has secured funding to the tune of £45,000 to investigate the capability of its Wave Treader device to power offshore oil & gas structures. This is the first renewable energy venture to receive ITF support…
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