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Seadrill takes delivery of the ultra-deepwater drillship West PolarisSeadrill 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
Ashtead Technology Rentals buyout by management team
Neptune signs LOI with UK based Subsea Engineering Services
Hayward Tyler appoint new Group Managing Director
Spectrum ASA lists on Oslo Axess Stock Exchange
Subsea 7 division i-Tech expand ROV business in Australia
Subsea 7 acquire Skandi Navica pipelay installation vessel
Teledyne increase ownership in subsea instrumentation company Ocean Design
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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 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 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
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 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 (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 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 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 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
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