Subsea Specialist Flexlife Opens New UK Base and Appoints Director

Subsea Specialist Flexlife Opens New UK Base and Appoints Director

Flexlife, an oil & gas industry specialist in subsea project and integrity management, has opened a new base in Newcastle and plans to recruit 25 staff by the end of this year, rising to 50 within 18 months. The award-winning company has appointed Andrew Lake as Director of Operations in Newcastle. Full text

Company News

Cosalt Offshore Appoints New Head of Norwegian Division

2010.12.29 - Company News -

Cosalt Offshore Appoints New Head of Norwegian Division

Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has announced the appointment of Runar Blakstad as the new Managing Director of its Norway division. Full text

FMC Technologies Signs Enterprise Framework Agreement With Shell

2010.12.23 - Company News -

FMC Technologies Signs Enterprise Framework Agreement With Shell

FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a five-year Enterprise Framework Agreement (EFA) with Shell with an option to extend the agreement for an additional five years. This agreement facilitates to international projects the same mutual benefits that Shell and FMC have enjoyed through a strategic Gulf of Mexico relationship that has existed over the past 17 years. Full text

Seadrill enters into contract for newbuild tender rig

2010.12.22 - Company News -

Seadrill enters into contract for newbuild tender rig

Seadrill has entered into a conditional agreement with BP Trinidad and Tobago LLC for a firm two year contract plus further one year option period for the newbuild semi-tender West Jaya offshore Trinidad and Tobago. Contract value for the firm period is approximately US$140 million including a mobilization fee for the transit. In addition, BP will compensate Seadrill for minor equipment upgrades related to the assignment. Full text

Worldwide Acceptance Grows for the OceanServer Iver2 AUV

2010.12.21 - Company News -

Worldwide Acceptance Grows for the OceanServer Iver2 AUV

OceanServer Technology announced today that it has received purchase orders for 12 new Iver2 AUVs from seven different customers during the last two months. Vehicle orders span four different defense related applications with the majority of these vehicles going to overseas customers. Full text

A/S Norske Shell extends maintenance and modification contract with Aker Solutions

2010.12.15 - Company News -

A/S Norske Shell extends maintenance and modification contract with Aker Solutions

A/S Norske Shell has decided to extend the maintenance and modification contract with Aker Solutions, exercising a 2 year option in the existing agreement for the Draugen and Ormen Lange fields. Work under the new option will last until December 2012. The contract value is estimated to be in the range of NOK 1- 1.5 billion. Full text

PPS Glass Fibre wins R&D and supply contract worth £200,000

2010.12.09 - Company News -

PPS Glass Fibre wins R&D and supply contract worth £200,000

Aberdeenshire-based glass fibre product manufacturer, PPS Glass Fibre, has won a contract worth £200K for the research, development, manufacture and supply of riser anti-roll chocks to Stena Drilling for use on four of their drill ships. The chocks, which PPS Glass Fibre manufactured using glass fibre, are safety mechanisms which will prevent risers from moving about and potentially being damaged or causing damage onboard. Full text

Seanic Ocean Systems’ Subsea Drill Supports the Decommissioning and Salvage Market

2010.12.09 - Company News -

Seanic Ocean Systems has developed a subsea drill to support the growing platform decommissioning and salvage market worldwide. Seanic Ocean Systems combines innovative technology with standard ROV interface capabilities. Full text

FMC Technologies to develop subsea technology for Petrobras

2010.12.01 - Company News -

FMC Technologies to develop subsea technology for Petrobras

FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a memorandum of understanding with Petrobras to develop future subsea technology solutions for its oil and gas projects offshore Brazil. Full text

Balmoral Offshore Engineering receives SCDI international award

2010.11.28 - Company News -

Balmoral Offshore Engineering receives SCDI international award

In a year peppered with plaudits, Aberdeen-based Balmoral Offshore Engineering (BOE) recently received the Scottish Council for Development and Industry (SCDI) award for outstanding international achievement in the oil and gas industry.
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Technology firm on track to success

2010.11.14 - Company News -

Technology firm on track to success

Aberdeen-based oilfield service company Coretrax Technology Ltd is on target to turnover £1million in its first 18months, begin expansion into the Middle East and is increasing its team to 12. Coretrax specialises in the design and production of innovative and reliable wellbore tools for drilling, completion and workover operations. Full text

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