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…
One of the key performance indicator’s of an installation’s integrity performance is the number of hydrocarbon releases, along with the importance of workforce competency in managing these risks. While North Sea statistics had shown a continued…
The UK offshore industry recognised that a key component to achieving a reduction in offshore hazards and incidents was to improve basic safety training for all personnel. OE looks at the e-learning programme designed to achieve that goal and now ready for roll out internationally…
Greene's Energy Group has opened an operational base in Singapore to serve the company's Asia Pacific region. The 140,000ft2 location includes offices, a warehouse and heavy equipment yard space, and will provide a regional base for all of Greene's business divisions…
Under a memorandum of understanding with Petrobras, Cameron plans to invest $30 million in R&D facilities at two Brazilian locations. The company's Jacarei plant will add testing capabilities, including a hyperbaric chamber, along with a highpressure…
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…
Global demand for floating hardware continues apace. David Morgan and Meg Chesshyre review recent support & supply sector initiatives and innovations targeting offshore platforms and rigs.Drilling riser departure A high pressure marine riser…
Over the last few years, Baker Hughes has invested heavily in technology R&D and the infrastructure to support the search for innovative technologies. At the same time, 2009 saw the service company change the way it endeavors to provide technology solutions to its clients…
The monetary and environmental cost of the 72-day Montara field oil leak which culminated in a devastating two-day platform fire in the Timor Sea has yet to be determined, but the Australian Government has been quick to establish a Commission…
Major players in the marine seismic market are playing it cool, but there must be some apprehension about the impact of recent moves by the Chinese contractor BGP. Andrew McBarnet reviews the plot so far.The Houdini act performed by ION…
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