Business Briefs

Ezra, Chiyoda move forward with subsea services joint venture

Tue, Oct 6, 2015

Ezra Holdings Ltd. and Chiyoda Corp. are moving forward with previously announced joint venture plans for subsea services work. 

Petrobras cuts spending plan

Tue, Oct 6, 2015

Petrobras has cut $11 billion from capital spending plans for this year and next, Reuters reported.

Weatherford, DynaEnergetics sign partnership agreement on perforating system

Tue, Oct 6, 2015 DynaEnergetics has entered into a principal partner agreement with Weatherford International whereby Weatherford becomes the first oilfield service...

Egypt awards offshore oil and gas exploration licenses

Tue, Oct 6, 2015

Egypt has awarded four new licenses to explore for oil and gas off its Mediterranean coast, according to a Reuters report.

GE to acquire IMT Solutions

Mon, Oct 5, 2015 GE has agreed to acquire IMT Solutions, a private Netherlands-based manufacturer of ultrafiltration and microfiltration membranes for water treatme...

Magma secures funds to boost m-pipe production

Mon, Oct 5, 2015 Magma Global, manufacturer of the carbon fiber/PEEK m-pipe, has raised $60 million from Strategic Investment Capital Partners and other investors t...

VENTEQ to oversee North Sea Mariner base operations

Mon, Oct 5, 2015 Statoil has contracted VENTEQ to provide third-party inspection services for its Mariner area development east of the Shetland Isles in the UK sect...

Nalcor driven study finds huge potential offshore Newfoundland and Labrador

Fri, Oct 2, 2015 The government of Newfoundland and Labrador, Nalcor Energy, and Beicip-Franlab have announced that the “in place” oil and gas resource potential is...

Technip secures another subsea contract for the Stones development in the GoM

Fri, Oct 2, 2015

Technip has received a contract from Shell Offshore for the development of subsea infrastructure for the Stones project.

Integration of Fugro GeoServices now complete

Fri, Oct 2, 2015 The formation of Fugro GeoServices Ltd. in the UK is complete with the integration of Fugro Seacore, Fugro Engineering Services, EM Drilling, Fugro...

People on the Move

Wood Group appoints CEO

Tue, Oct 6, 2015

Wood Group has appointed Robin Watson as CEO, effective Jan. 1, 2016. 

EIC appoints president

Tue, Oct 6, 2015

The Energy Industries Council has named Chris Haynes its new president.

Rowe now Cameron president, CEO

Mon, Oct 5, 2015

R. Scott Rowe has assumed the role of president and CEO of Cameron (NYSE: CAM) in accordance with its succession plan.

Prosafe chairman resigns

Wed, Sep 30, 2015

Ronny Johan Langeland has resigned as chairman of the board of Prosafe SE due to health reasons. 

Wilcox to direct PETEX

Wed, Sep 30, 2015 Coy Wilcox has been named director for the Petroleum Extension (PETEX), a component of the Texas Extended Campus at the University of Texas at Aust...


Exploring Shell’s FLNG technological advances and opportunities

As the offshore industry looks to develop remote and stranded natural gas fields, the use of floating liquefied natural (FLNG) vessels has become an increasingly attractive option for production, p...
( 11/17/2015 / 10:00 AM Eastern Daylight Time / 09:00 AM Central Daylight Time / 07:00 AM Pacific Daylight Time / 15:00 GMT )
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