Company & People on the Move News

Emerson acquires Yggdrasil, adds METTE to reservoir management software list

Emerson Process Management has acquired Yggdrasil.

Shell’s Arctic exploration to begin in late July

Royal Dutch Shell said it could begin its 2015 Arctic oil exploration drilling as early as the third week in July, Reuters reported. Forecasters predict that the sea ice over its prospects will beg...

Wood Group buys BETA to boost integrity management services

Wood Group has acquired BETA Machinery Analysis in a deal valued at $14.3 million.

Beier Radio changes name to Beier Integrated Systems

Beier Radio has changed its operating company name to Beier Integrated Systems.

Shandong to acquire Northern Offshore

Shandong Offshore (Bidco) has agreed to acquire drilling contractor Northern Offshore (OSE: NOF) for around NOK 1.3 billion ($165 million).

Swire to provide cargo units to Weatherford in Brazil

Swire Oilfield Services has secured a five-year contract with Weatherford International plc in Brazil.

Umbilicals International expands manufacturing capacity

Umbilicals International has expanded its Houston manufacturing capacity with two new cable production lines.

GE unveils next-generation flexibles complex

GE Oil & Gas (NYSE:GE) has opened its new Innovation Centre in Newcastle, northeast England, which will develop technology for subsea fields.

Hermes, O3b combine for West Africa communications

Hermes Datacomms has partnered with O3b Networks to deliver communications to a global oil company, with major operations in the world’s most important oil and gas regions. 

ASCO to provide logistics support for Brae in North Sea

Marathon Oil UK has awarded ASCO a £50 million-plus ($79-million) contract to supply support services to the Brae field complex in the UK central North Sea.

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