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…
Securing safe, smart, sustainable supply' provided the theme for SPE Offshore Europe, the biennial Aberdeen conference and exhibition that continues to bring in the crowds. A record-setting 32,025 unique visitors attended September's show. OE's Jennifer Pallanich…
In its drive to improve and align safety and competence standards in the global oil and gas industry, Opito International has commissioned new research to discover how companies are assuring the workforce is competent, rather than simply compliant…
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…
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…
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…
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…
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…
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…
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