Saipem has been awarded new offshore engineering and construction contracts in the Gulf of Mexico, for a total amount of approximately US$750 million. Pemex has awarded Saipem an engineering, procurement, construction and installation contract for the development of the Lakach field…
UK oil and gas engineering firm FES International has won a US$1,250,000 contract to supply four diverless bend stiffener connectors to NOV Flexibles. Diverless bend stiffener connectors (DBSCs) enable the quick, efficient and cost effective…
BP Trinidad and Tobago (BPTT) awarded Technip an engineering, procurement, installation and commissioning lump sum contract for the development of the Juniper project, off the southeast coast of Trinidad. BPTT announced the sanction of the Juniper offshore project in August…
UK oil and gas engineering firm, FES International, has secured a US$2.5million contract to supply its automated Diverless Bend Stiffener Connector (DBSC) to NOV Flexibles, for use by Subsea 7 on the Western Isles Development (WID) project in the northern North Sea area…
UK oil and gas engineering firm FES International has won a US$1.2million (£700,000) contract to supply four diverless bend stiffener connectors to contractor NOV Flexibles. This is FES’ third project for NOV Flexibles this year, with a combined value of almost $5million…
Aquatic Engineering and Construction, an Acteon company, celebrated its 40-year anniversary of operating in the North Sea with a celebratory event held onboard the Gulden Leeuw, a three-masted tall ship, moored in Aberdeen Harbour on 24 April…
Ceona's high-capacity flexible/umbilical pipelay and subsea construction vessel the Polar Onyx has been floated out of dry dock at Ulstein Verft yard in Norway following an intensive outfitting program. It has now moved to the shipyard quay…
National Oilwell Varco Inc. announced that Chairman and Chief Executive Officer Merrill A. “Pete” Miller, Jr. has informed the Board of Directors that he intends to step down from those positions, concurrent with the completion of plans to…
Aquatic Engineering & Construction Ltd, an Acteon company, has unveiled its 1500 te carousel (AQCS‐01‐1500) a powerful, modular drive system representing a significant capability extension for customers requiring installation or replacement of flexibles…
Oilfield services giant National Oilwell Varco (NOV) has decided to spin off their equipment distribution business into an independent company through an initial public offering made as early as next year. The company expects this plan to be completed as early as the first half of 2014…
After closing its US$2.5 billion acquisition of well-drilling equipment parts provider Robbins & Myers, Houston-based National Oilwell Varco (NOV) adds three more businesses to its NOV Mono division: Moyno Inc., Chemineer Inc., and Tarby Inc…
Houston-based National Oilwell Varco (NOV) is to pay $2.5 billion for Robbins & Myers – a supplier of well-drilling equipment parts, including valve controls and grinders – adding three more businesses to its NOV Mono division: Moyno Inc…
Robbins & Myers accepted NOV’s US$2.5 billion takeover bid. Shareholders will receive $60/share. The transaction transforms the engineered equipment and systems supply firm into a wholly-owned NOV subsidiary. The merger remains subject to approval by US and Canadian regulators.
87% of shareholders approved NOV acquisitionRobbins & Myers shareholders overwhelming approved NOV's acquisition of the company, Robbins & Myers announced on 27 December 2012.Nearly 85.7% of outstanding shares voted for the transaction,…
National Oilwell Varco is looking to establish a major foothold in the flexible pipe business with the acquisition of Danish manufacturer NKT Flexibles, a joint venture between NKT Holding and Subsea 7 since 1999.The $670 million deal, announced early February…
Subscribe
