Company & People on the Move News

Ezra, Chiyoba ink subsea MOU

Under a binding memorandum of understanding with Ezra Holdings Ltd., Chiyoda Corp. will invest in Ezra’s subsea services business, EMAS AMC, to form EMAS CHIYODA Subsea, a 50/50 joint venture.

McDermott nets second major contract from Aramco

Saudi Aramco has awarded McDermott International a lump sum contract for brownfield work on various fields offshore Saudi Arabia.

SeaDragon considers potential new well in Gulf of Suez

Seadragon Energy says the partners in the South Ramadan Concession in the offshore Gulf of Suez offshore Egypt have awarded a seismic reprocessing contract.

Lamprell implements efficiency measures at UAE yards

Lamprell is investing in automation for some fabrication facilities at its yards in the UAE.

Undeveloped UK fields deserve attention, report claims

Consultants Hannon Westwood (HW) have issued a new report on near-term developments affecting the UK continental shelf (UKCS).

CGG upgrades Norway offshore database

CGG says its Akon E&P data management solution is now operational for users.

Shell re-engages Regalia for North Sea support

Xcite pursuing funding for North Sea Bentley building blocks

Xcite Energy says it is continuing its efforts to secure funds.

Schlumberger to acquire Cameron

Schlumberger Ltd. and Cameron have announced a definitive merger agreement in which the companies will combine in a stock and cash transaction valued at $14.8 billion. 

SCF acquires Cal Dive Australia

SCF has acquired the Australian and Southeast Asian business of Cal Dive International in partnership with Viburnum Funds and John Edwards.

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