Otto Candies Llc News

 

Wood Group buys Agility Projects

Jul 15, 2014

Wood Group has boosted its Norwegian offshore engineering capability by buying Agility Projects from Agility Group for about US$164 million.  Agility Projects is a Norwegian engineering, procurement, construction management, installation and commissioning company…

Otto launches Norshore Atlantic

Feb 28, 2014

Offshore marine company Otto Marine will hold a naming ceremony for the Norshore Atlantic at its Batam Shipyard, Indonesia, today. The Norshore Atlantic is one the first of its kind to be constructed by an Asian yard, says Otto. It…

All Coast to build new lifeboat

Feb 25, 2014

All Coast LLC, the largest liftboat operator in the Gulf of Mexico, has entered into a contract with SEMCO, LLC to construct a new 250 foot leg liftboat which will be equipped with two 175 ton leg mounted cranes and will have the capacity of accommodating 50 people…

Circulation Solutions makes acquisition

Jan 22, 2014

Circulation Solutions, LLC, a drilling and completion products company, specializing in lost circulation and other completion problems, recently acquired the assets and intellectual property of RAMP Chemicals, LLC based in Laredo, Texas.  The acquisition…

Noble Energy makes deepwater discoveries

Dec 04, 2013

Noble Energy has made two deepwater discoveries in the Gulf of Mexico and offshore Israel. The Dantzler exploration well, located 12 miles west of the firm’s Rio Grande development in Mississippi Canyon 782, has encountered over 120 ft of net pay…

Subsea contracts for Mermaid Maritime in Middle East

Nov 27, 2013

Mermaid Maritime Public Co. Ltd. announced that its business units serving the Middle East have been awarded a suite of subsea services contracts. The work includes air diving services such as air diving for pipeline free-span correction and a subsea cable lay contract…

Ulstein building new OSVs

Nov 25, 2013

Ulstein's Ulstein Verft yard is to build an offshore construction vessel (OSV) larger than any other vessel the yard has built before. The new OSV, part of an order for two new OSVs from Edison Chouest Offshore and Island Offshore, through Island Ventures II LLC…

Annova LNG files export application

Oct 09, 2013

Houston-based Annova LNG, LLC, has filed an application with the US Department of Energy (DOE) to receive authorization to export domestic LNG to free trade agreement (FTA) countries. While the Office of the United States Trade Representative…

Noble finds GOM gas

Sep 11, 2013

Noble Energy Inc. has hit 50ft of net natural gas pay in a high-quality Miocene reservoir at its Troubadour prospect in the deepwater Gulf of Mexico. The well was drilled to a total depth of 19,510ft by the ultradeepwater semisubmersible ENSCO 8501…

Technip wins US LNG FEED

Aug 27, 2013

Trunkline LNG Export, LLC awarded Technip a front-end engineering and design (FEED) contract for the potential expansion of the existing liquefied natural gas (LNG) import terminal located in Lake Charles, Louisiana. The potential expansion project includes a LNG liquefaction plant…

Otto begins Philippines drilling campaign

Aug 08, 2013

Otto Energy Ltd. is drilling two horizontal wells in the second phase of development at Galoc field offshore the Philippines. The wells are being batch drilled in 311 m of water.  Otto projects the Galoc-5H and Galoc-6H development wells will be drilled to a total vertical depth of 2…

Saudi Aramco Energy Ventures LLC closes on equity investment in Zi-Lift AS

Jul 18, 2013

Saudi Aramco Energy Ventures LLC (SAEV) closed on an equity investment in Zi-Lift AS, developer of through-tubing-deployed artificial lift systems using permanent magnet motors and transmissions. “Reliable and easily deployable artificial…

SPIE links with PetroSkills

Mar 29, 2013

SPIE Oil & Gas Services has announced the signing of a Joint Development Agreement with PetroSkills LLC.This agreement will allow SPIE Oil & Gas Services to enhance its worldwide competency development programs.PetroSkills LLC a worldwide training and development company has over 280 instructors…

Aw Chin Leng Aw Chin Leng promoted to executive director

Apr 02, 2012

Aw Chin Leng has been promoted to executive director of Singapore-based ship building, repair and conversion firm Otto Marine.

Thinking bigger

Aug 09, 2010

Engineering and building production facilities in-house not only saves money but can also give offshore suppliers a sizeable market edge. That's been the case, and not for the first time, at Moerdijk-based offshore steel wire ropes, cable-laid…

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