Ashtead News

Firms & Faces - October 2011

Oct 01, 2011

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…

Firms and Faces

Aug 01, 2011

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…

Products in action - OE April 2011

Apr 02, 2011

Integrated approachIn the works for some time, Halliburton's Optimized Drilling Performance (ODP) approach is aimed at improving drilling efficiency and saving drilling time. ‘We've evolved this workflow over a few years,' said Jeremy ‘Jez' Greenwood…

Firms & Faces - OE March 2011

Mar 02, 2011

Within a fortnight of closing its $3 billion acquisition of compression, flow technology, measurement and distribution infrastructure provider Dresser, GE last month announced plans to lay out another $2.8 billion to secure the well support division of John Wood Group…

Firms & Faces - OE October 2010

Oct 26, 2010

Schlumberger wrapped up its $11 billion purchase of Smith International at the end of August. Andrew Gould, chairman and CEO of Schlumberger, commented: ‘We are ready to begin the process of realizing the synergies made possible by this merger…

Products in review / April 2010 OE

Apr 05, 2010

Rotary steerable successBaker Hughes deployed its AutoTrak rotary steerable system to successfully drill four directional wells in the Gulf of Mexico’s South Timbalier area, including one well that reached total depth nearly five days ahead of schedule…

People and Places in the news / March 2010 OE

Mar 02, 2010

Paal Kibsgaard has been appointed COO of Schlumberger, taking responsibility for the dayto- day management of all the company’s worldwide operations in addition to its technology organization, including engineering, manufacturing and product development…

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