Seadrill takes delivery of the ultra-deepwater drillship West Polaris

Seadrill takes delivery of the ultra-deepwater drillship West Polaris

Seadrill today reported the delivery of the ultra-deepwater drillship West Polaris from Samsung Heavy Industries. The drillship will leave Korean waters tomorrow after completing fuelling and some general mobilisation activities en route to its first drilling assignment for Exxon in Brazil. West Polaris was delivered 10 days after original contract schedule with a final project cost as previously reported Full text

Company News

Seadrill takes delivery of the ultra-deepwater drillship West Polaris

2008.07.16 - Company News -

Seadrill takes delivery of the ultra-deepwater drillship West Polaris

Seadrill today reported the delivery of the ultra-deepwater drillship West Polaris from Samsung Heavy Industries. The drillship will leave Korean waters tomorrow after completing fuelling and some general mobilisation activities en route to its first drilling assignment for Exxon in Brazil. West Polaris was delivered 10 days after original contract schedule with a final project cost as previously reported Full text

Swiber incorporate Kreuz Subsea

2008.07.09 - Company News -

Swiber incorporate Kreuz Subsea

Swiber Holdings Ltd today announced that a wholly-owned subsidiary of the Company, has incorporated a new
subsidiary known as “Kreuz Subsea Pte. Ltd.” in Singapore The principle activity of the Kreuz Subsea is to engage in subsea services. Full text

Ashtead Technology Rentals buyout by management team

2008.07.09 - Company News -

Ashtead Technology Rentals buyout by management team

Ashtead Technology Rentals Ltd, a leading high-technology rental equipment supplier, is delighted to announce that its management team, with backing from Phoenix Equity Partners, have successfully acquired the business in a £95.6 million ($183.7 million) management buy-out from Ashtead Group plc. The buyout was led by Andy Doggett, Managing Director and Andy Holroyd, President of North America. Full text

Neptune signs LOI with UK based Subsea Engineering Services

2008.07.07 - Company News -

Neptune signs LOI with UK based Subsea Engineering Services

Leading engineering services company, Neptune Marine Services (ASX:NMS) today announced it had signed a letter of intent (LOI) for the acquisition of Aberdeen-based Subsea Engineering Services Limited (“SES”), a specialist provider of subsea consultancy and project engineering services to the global oil and gas industry. Full text

Hayward Tyler appoint new Group Managing Director

2008.07.04 - Company News -

Hayward Tyler appoint new Group Managing Director

Hayward Tyler Ltd – a leading manufacturer of pumps and motors for the oil and gas industry – is pleased to announce that David Boughey has been appointed as Group Managing Director. Full text

Spectrum ASA lists on Oslo Axess Stock Exchange

2008.07.03 - Company News -

Spectrum ASA lists on Oslo Axess Stock Exchange

Spectrum ASA (Spectrum), a newly established company, has been floated on the Oslo Axess Stock Exchange following a successful initial public offering (IPO). Spectrum has demerged from Norwegian parent company GGS ASA to specialise in the provision of seismic services for the oil exploration industry. Full text

Subsea 7 division i-Tech expand ROV business in Australia

2008.06.23 - Company News -

Subsea 7 division i-Tech expand ROV business in Australia

Subsea 7 Inc (OSE Symbol: SUB), through its i-Tech division, today announced the relocation of its office in Perth, Western Australia, to support its expanding ROV and remote intervention tooling businesses in the Asia-Pacific region. Full text

Subsea 7 acquire Skandi Navica pipelay installation vessel

2008.06.23 - Company News -

Subsea 7 acquire Skandi Navica pipelay installation vessel

Subsea 7 said today that it has acquired the Skandi Navica pipelay and construction vessel
for approx USD 62 million. The vessel has been under charter with Subsea 7 for eight years and has a track record of successful pipelay installation projects across the globe. Full text

Teledyne increase ownership in subsea instrumentation company Ocean Design

2008.06.13 - Company News -

Teledyne increase ownership in subsea instrumentation company Ocean Design

Teledyne Instruments, Inc., recently increased its ownership interest in Ocean Design, Inc. (ODI). On May 29, 2008, Teledyne Instruments acquired additional shares of ODI, representing approximately 21% of the fully diluted outstanding shares, for $35 million. Full text

Andrea Castoro appointed head of projects at First Subsea

2008.06.09 - Company News -

Andrea Castoro appointed head of projects at First Subsea

Subsea connections specialist, First Subsea has strengthened its management team with the appointment of Andrea Castoro as head of projects. The Italian chartered engineer will be responsible for a team of project engineers designing and delivering Ballgrab subsea products. Full text

1  2  3  4  5  6
  next →