Offshore energy and marine consultancy AqualisBraemar has completed the acquisition of the marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed AqualisBraemar announced the completion of the transaction on Tuesday, saying the acquisition created 'a leading global independent offshore energy and marine consultancy.'As part of the transaction, originally announced on November 23…
Norwegian energy and marine consultancy group ABL Group has agreed to acquire 100% shares in offshore engineering, consultancy, and software company AGR from Akastor.'The purpose is to bolster ABL Group’s offering within well and reservoir consultancy…
A new joint venture company formed in the United Arab Emirates will offer offshore surveys and subsea services in the UAE, across the GCC region, as well as in select international markets.The new firm, SAFEEN Surveys and Subsea Services, was…
Offshore services firm Global Marine Group has extended the contract for Solstad Offshore's construction support vessel Normand Clipper.The contract extension is for three years more, with the vessel now expected to stay with Global Marine Group until May 2026…
Oil company EnQuest has sent a notice of arbitration to the Malaysian offshore oilfields services firm Barakah Offshore Petroleum regarding a dispute in which an adjudication decision was made in January ordering EnQuest to pay around $17,1 million…
Tekmar Group, a provider of offshore energy equipment and services, has appointed Alasdair MacDonald as Chief Executive Officer.Alasdair MacDonald was Chairman of Tekmar Energy, a design, engineering, and manufacturing specialist of subsea protection systems for subsea cables…
Norwegian shipbuilder and vessel design group Ulstein announced Tuesday that its CFO Cathrine Kristiseter Marti has been promoted to replace long-serving CEO Gunvor Ulstein, who has decided to step down.Marti will take over as CEO on November 2 after six years as Ulstein Group's CFO…
pX Group, the Stockton-on-Tees-based provider of energy and industrial solutions, has acquired a majority stake in Aberdeen-based NRG Well Management, a provider of well management services to the oil & gas industry.px Group said Wednesday that…
Integrated marine and subsea solutions provider Unique Group has announced the acquisition of the Australian-company Western Advance’s Marine Division.The provider of services and solutions for the offshore, subsea and life support industries…
Malaysian offshore oilfield services company Barakah Offshore Petroleum has filed a claim against the compatriot oil company Petronas Carigali for unpaid work and has threatened to seek Petronas' winding up unless it gets paid what it is owed…
Norwegian offshore and fishing vessel builder Havyard Group said Gunnar Larsen will serve as interim CEO until the group finds a replacement for retiring chief executive Geir Johan Bakke.Bakke has been employed in Havyard Group since 2001, and he has been CEO since 2004…
Israel received bids from two groups of companies to explore for oil and gas off its Mediterranean coast, the Energy Ministry said on Monday.Israel had offered rights to 19 offshore blocks, and said the groups offered to explore in 12 of them…
Aberdeenshire-based subsea firm Aleron Group said it has acquired electrical drive engineering specialist IMPAQ as part of a plan to expand beyond offshore oil and gas into new markets including military, defense and nuclear industries.“This…
Søren Kringelholt Nielsen has been appointed as the new CEO of Svanehøj Group, a Danish designer and manufacturer of specialized deep well and in-line pumps for the marine and oil and gas industries.The new cheif executive comes to Svanehøj from Hydratech Industries…
The global marine and offshore vessel management and support services provider V.Group said that its V.Ships Leisure unit has been awarded a contract by Antarctica21 for the technical management of the expedition vessel, Magellan Explorer.The…
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