Odfjell Drilling has agreed to sell Deep Sea Mooring, established in 2008, to HitecVision. DSM has been developed from an in-house mooring service provider to one of three providers of mooring services to E&P companies and rig owners in Norway. The company offers rental equipment, pre-lay mooring solutions and ancillary services and serves the market through [...]
Market-leading energy production technology services company Proserv has bolstered its rapidly-evolving global footprint and specialist integrated services after acquiring major US company, Total Instrumentation & Controls (TIC). The acquisition of Houston-based TIC, which specialises in advanced process and control systems equipment and has a second manufacturing facility in Lafayette (LA), also significantly increases Proserv’s talent [...]
Leading independent offshore survey company UTEC has announced the acquisition of Geomarine Ltd. UTEC – which is based in Houston, Texas and has offices around the world including Aberdeen, Scotland – has acquired Geomarine Ltd which is headquartered in Newcastle-upon-Tyne with operational offices in Bath, England and Singapore. The move will capitalize on a natural [...]
December 3, 2012 | Posted in
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Doedijns International, through a US subsidiary, supported by its shareholder IK Investment Partners (IK), has acquired the assets of Logan Industries International Corp. (Logan), an integrated engineering and manufacturing company based in Houston, Texas, which focuses on heavy hydraulic equipment for the offshore oil and gas industry. Financial details of the acquisition are not disclosed. [...]
Aker Solutions has acquired a fabrication facility in Sandnessjøen, Norway, to increase its fabrication capacity in the Norwegian Sea and further north. The purchase is part of Aker Solutions’ northern Norway strategy. The facility, which is located at Helgelands Industrial Park in Sandnessjøen, Norway (Helgelands Næringspark), is being acquired from Ruukki Construction Norge AS. Historically, [...]
Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, announced that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd., has entered into a petroleum agreement (the “Agreement”) with the Government of the Kingdom of Morocco (“Morocco”) for a 75% interest and operatorship in offshore licence Rabat Deep. [...]
Shell announced today the signing of an agreement with Hess Corporation to acquire its interests in the Beryl area fields and the Scottish Area Gas Evacuation System (“SAGE”), for US$ 525 million. The Beryl Area includes 12 fields located on the UK Continental Shelf. The fields are operated by Apache and with the acquisition Shell’s [...]
Statoil ASA has signed an agreement to exit the Brage licences, farm down in Gjøa and Vega and acquire a 15 % stake in the Edvard Grieg licence near the Johan Sverdrup field in the North Sea. The consideration to be paid by Wintershall includes a contingent consideration of USD 100 million relating to the [...]
Tetra Tech, Inc. announced that it has acquired coastal and oceanographic consulting firm Applied Science Consultoria Ltda. (ASA Brazil) based in Sao Paulo, Brazil. With the acquisition, ASA Brazil has changed its name to Tetra Tech. The firm has about 50 employees and provides oceanic modeling and engineering services primarily to offshore oil and gas [...]
Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, announces that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd., has entered into an agreement with Maghreb Petroleum Exploration S.A. (“MPE”) whereby MPE will transfer its 75% ownership and operational interests in two of its offshore licences, Loukos [...]
October 11, 2012 | Posted in
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