Company News
2008.05.07 -
Company News -
VetcoGray, a GE Oil & Gas business, has announced plans to build a new, multi-million dollar hyperbaric test center at the company's Nailsea site. VetcoGray's subsea control modules will be rigorously tested to identify any dormant fault conditions that otherwise would be detected only after the pod was installed on the sea floor. Full text
2008.04.30 -
Company News -
Norwegian Energy Company ASA (OSE:NOR), Noreco has received all required approvals for its acquisition of two Danish licenses from Chevron Denmark Inc. An exploration well will be drilled on the Gita prospect. Full text
2008.04.22 -
Company News -
The Proserv Group has strengthened its position in the test and control systems market by purchasing PT Petrotech. Located in Bantam, Indonesia, with a subsidiary in New Orleans USA, PT Petrotech specialises in the design and manufacture of customised control equipment to international oil and gas markets. Full text
2008.04.17 -
Company News -
Aker Exploration has acquired an additional 30% interest in PL 460 which covers parts of Blocks 25/1, 25/2 and 24/3 in the northern part of the North Sea, from StatoilHydro. Aker Exploration was awarded a 30% interest in this license in the APA 2007 awards announced in February 2008 and this transaction increases the company’s total interest in the license to 60%. Full text
2008.04.17 -
Company News -
On 16 April 2008 the Board of Directors of Global Geo Services ASA (`GGS`) resolved to spin off the majority of the group`s seismic business to a newly established, wholly owned subsidiary, Spectrum ASA (`Spectrum`) against a consideration of MNOK 275. Full text
2008.04.13 -
Company News -
Hydro Group plc, a global solutions provider of optical and electrical products in the subsea technology industry, has been granted £4 million capital funding by Clydesdale Bank to develop progressive new facilities. Full text
2008.04.12 -
Company News -
Oceanteam ASA announced today that it has received approval from the Mexican Foreign Investments Commission to complete the purchase of 90% of the shares within Compania Naviera de Transporte Maritimo, SA de CV (''CONAT'') based in Cuidad del Carmen, Mexico. Full text
2008.04.10 -
Company News -
DeepFlex, Inc., the world’s only manufacturer of flexible, unbonded, non-metallic composite pipe for use in deepwater and ultra deepwater oil and gas production, announced today that it has sold $33 million of Series C Preferred Stock. Full text
2008.04.07 -
Company News -
Scana Industrier ASA and FPSOcean AS have agreed to establish a new company which will focus on developing technology and equipment for floating production units. This is a continuation of the ongoing jointly owned development of the DRB (Disconnectable Riser Buoy) turret and fluid transfer system. Full text
2008.04.06 -
Company News -
Norse Cutting & Abandonment AS (NCA) acquires 100% of the assets of plugging and abandonment (P&A) specialist LIS Energy Services LLC in Louisiana, USA. The acquisition strengthens NCA’s service range significantly within the P&A and decommissioning industry and provides a vital next step in becoming the world leading decommissioning specialist. Full text