Company News
2008.07.07 -
Company News -
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
2008.07.04 -
Company News -
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
2008.07.03 -
Company News -
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
2008.06.23 -
Company News -
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
2008.06.23 -
Company News -
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
2008.06.13 -
Company News -
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
2008.06.09 -
Company News -
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
2008.05.26 -
Company News -
Subsea 7 announced today that it has acquired the Skandi Navica pipelay and construction vessel for approximately 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
2008.05.21 -
Company News -
ODIM maintained strong growth into 2008 owing to a high level of activity in the offshore sector. An order intake of NOK 542 million in the first quarter brought the backlog to a new record of NOK 2 162 million, following a particularly strong quarter for the seismic segment with a reported intake of NOK 340 million. Full text
2008.05.21 -
Company News -
Leading engineering services company, Neptune Marine Services Ltd (ASX: NMS) has signed a memorandum of agreement (MOA) with Singapore based Nor Supply Pte Ltd for the acquisition of the vessel, Nor Sea. Full text