Oceaneering, F&M Partner in Pakistan
Oceaneering International, Inc. announced that its subsidiary Oceaneering International GmbH has partnered with F&M Private Ltd (F&M Inspections) to explore opportunities to collaborate on asset integrity projects within Pakistan.The strategic collaboration agreement aims to provide customers with a…
Fugro Secures E&P Support Contracts
Fugro has won three contracts with BHP Petroleum (Deepwater) Inc., which see the company delivering a range of specialist services to support exploration and production operations in Trinidad and Tobago and the Gulf of Mexico.Within Trinidad’s Block 3(a) Fugro is providing geophysical and geotechnical…
GMG Acquires Fugro’s Trenching, Cable Laying Business
Global Marine Group (GMG) will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24 percent in the combined business valued at $65 million, and a one year secured vendor loan of $ 7.5 million. Fugro said it will realize a gain on this transaction, valued at approximately $73 million.
Simmons Edeco Promotes Hunt to Operations Manager
SIMMONS EDECO, a supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that Mark Hunt has been promoted to the newly created position of Operations Manager for its European base of operations in Great Yarmouth, England.
Offshore Floaters: RBI Service Launched by LR
New Risk-based Inspection (RBI) service launched by Lloyd’s Register combines hull integrity management with Class to help minimize costs for operators of floating offshore installations (FOIs). Initiative will help optimize inspection regimes and provide added value to Class by providing a more flexible…
Sand Monitoring Device Deployed in UKCS
Stork, a global provider of knowledge-based asset integrity services focused on the oil and gas, chemical and power sectors, has installed Emerson Process Management’s Roxar SandLog wireless sand erosion monitoring solutions on a major North Sea operator’s installation. The collaboration with Stork marks…
New Course Launched at The Underwater Center
Subsea training and trials facility, The Underwater Centre, is working in collaboration with Stork, a global provider of knowledge-based asset integrity services focused on the oil and gas, chemical and power sectors, to deliver a brand new one-day certified course in bolt tensioning. The ECITB approved course…
CAN Seals Contracts in North Sea, North Africa
CAN Group, has been awarded a $6.4 million contract to provide asset integrity services in the North Sea as the firm also announces international growth. The Aberdeen-headquartered company has secured work with Fairfield Energy aboard the Dunlin platform, UK Continental Shelf (UKCS). The three year contract with Fairfield Energy will be led by ENGTEQ…
Urgent Need to Cut Costs in UK North Sea
Britain's North Sea oil and gas industry faces a bleak future where more fields are likely to become uneconomic and shut in as platforms close - unless costs can be controlled, operators say. For some elderly platforms in the Northern North Sea, time is running out. If the industry does not get to grips with costs quickly…
CAN-DO Approach Leads to £200m of Contract Renewals
CAN Group has secured two major contract renewals, totalling approximately £200million, following competitive re-tendering. These two contracts, coupled with an increase in business, will lead to the safe-guarding of 150 jobs. The Aberdeen headquartered business has been awarded a five year contract…
