open sea. ROG provides lay-by facilities for
vessels up to 300 m (984 ft) long, heavy-lift
crane capacity, a large yard area, and a fully
equipped workshop. The site has supported various conversion, ship repair and
(de)mobilization projects for some of the
largest offshore and maritime contractors.
Royal IHC designs and building vessels and
equipment for the offshore, dredging, and
mining sectors, and manages major renovations and ship repair projects in other parts
of the world. By joining forces with ROG,
the company aims to expand its services for
complex renovations and conversions for
the entire spectrum of offshore and other
Emerson has agreed to acquire
Paradigm, a software solutions provider for the
oil and gas industry, for a purchase price
of $510 million. The company has also
acquired GeoFields Inc., a global supplier
of software and implementation services for
pipeline integrity data collection, management and risk analysis for the oil and gas
industry. Its software enables pipeline
operators to collect critical integrity data,
perform risk modelling and high consequence area risk analysis and prioritize
pipeline integrity-related maintenance and
asset management activities. Terms of the
acquisition were not disclosed.
TechnipFMC has agreed to acquire
Plexus’ wellhead exploration equipment
and services business for jackup applications. By expanding into the mudline and
TechnipFMC aims to be a leading provider
of products and services to the global
jackup exploration drilling market. It will integrate the business into the TechnipFMC
Surface Technologies division, with various
specialist personnel from Plexus also
transferring. The business will continue to
operate from its existing location in Dyce,
north of Aberdeen.
In addition, Plexus’ subsidiary POSL will
enter into a collaboration agreement with
TechnipFMC to jointly develop existing
POS-GRIP IP technology for applications
outside of jackup exploration. Initially
Plexus Group will receive a gross cash
consideration of £ 15 million ($19.7 million), subject to certain adjustments, and a
further £ 27. 5 million ($36.2 million) based
on the future performance of the Jackup
Business during a three-year period.
Global Marine Group (GMG) has en-
tered into an agreement to acquire Fugro’s
trenching and cable lay services business.
The purchase is valued at around $73 mil-
lion, and would involve the transfer to GMG
of 23 Fugro employees based in Aberdeen,
the M/V Symphony, two Q1400 trenchers,
and two work-class ROVs. In addition,
Fugro will become the company’s preferred
provider of marine site characterization and
asset integrity services.
AFGlobal has acquired the Axon pressure pump technology and product line
from Amkin Technologies, LLC. The
acquisition of the Axon pump technologies
and ability for AFGlobal to provide fluid and
power ends in conjunction with its pressure
pumping systems, the company claims, will
help improve cost, durability, and capability
with ease of systems integration.
Seanamic Group has acquired Flexlife,
a specialist in integrity management of flexible pipelines and umbilicals, with offices
in Aberdeen and Houston. Flexlife has
developed patented monitoring and repair
EnerMech has won a five-year contract
to provide and service hose and associated fittings for Shell’s Prelude FLNG
vessel offshore northwest Australia. The
company will manage the program from its
Henderson base in Perth, with engineering
and service support from regional facilities
across Australia, including Darwin in the
Subsea 7 has agreed to acquire the remaining 50% of its joint ventures Normand
Oceanic and Normand Oceanic Chartering from Solstad Farstad. This will give
Subsea 7 sole ownership of the Normand
Oceanic flex-lay and heavy construction
vessel which Solstad is managing under a
long-term charter to a third party. In addition, Subsea 7 will assume all obligations
related to an outstanding loan of about $100
million. Both acquired entities will become
wholly-owned subsidiaries of the company.
Subsea 7 and Sapura Energy Berhad
have agreed to terminate the
SapuraAcer-gy joint venture. SapuraAcergy’s heavy-lift
and pipelay vessel, Sapura 3000, has been
sold to a subsidiary of Sapura Energy Berhad. The decision reflects both companies’
Indonesia, and Singapore.
Dutch Offshore Contractors (DOC)
has signed a memorandum of understanding with UK-based engineering group Swan
Hunter. Swan provides a range of offshore
installation equipment for flexible pipelines,
umbilicals, and power cables. DOC is a specialist in heavy transport and project logistic
services with a “direct to sea” terminal in
Vlissingen. The two companies plan to offer
a comprehensive service package from cable
factory to storage hub to installation vessel
and long-term storage, including a mob-demob quay for clients’ installation vessels.
Sparrows Group has teamed up with
Accra-based Hydra Group to form
Sparrows Offshore Ghana. The joint venture
will provide crane, lifting and inspection
services in Ghana.
NEL has committed £200,000 ($265,000)
toward further development of its wet gas
flow testing facility in central Scotland. This
is claimed to be sole independent commercial laboratory that can generate wet gas
flows using water and oil simultaneously,
replicating actual field conditions. The new
equipment investment should help cut time
spent on maintenance, improve flow rates,
and optimize control of test points.
DNV GL has acquired ComputIT, a
specialist independent company for computational fluid dynamics software and R&D.
Wärtsilä has acquired Guidance Marine Ltd., a vessel positioning technology
N-Sea has opened an office in Stralsund,
Germany, to support the country’s offshore
renewable energy market.
eDrilling has signed a memorandum
of understanding with Petrovietnam
University (PVU) to pursue digitalization
of drilling operations in Vietnam. The university, formed in 2010, undertakes R&D
and training for the development of human
resources at Vietnam’s state oil company Petrovietnam. eDrilling will provide
software solutions ranging from planning,
through training, real-time operations,
analysis, to learning.
Sproule has hired of Marcos y Asocia-dos to provide local business development
support in Mexico.
GEODynamics Inc. has finalized payments of all future royalties to QinetiQ
Group, plc toward the portfolio of US and
International patents related to reactive oil
and gas well perforating. The company now
owns its entire reactive portfolio unencumbered.
Aquilon Energy Services has opened a
new, expanded office in the Esperson building in downtown Houston.
Add Energy has secured orders from
three North Sea operators for environmental management and reporting software
(NEMS Accounter). All are one-year service contracts, with options, to provide bespoke online environmental accounting and
management systems. NEMS Accounter
is designed to help ensure environmental
compliance in regions with strict environmental regulations. The software, which
employs cloud-based technology, involves
no installation or set up costs and is therefore fully operational from day one, and can
be scaled up for future operations.
Heerema Marine Contractors has
announced that it intends to restructure
due to the continuning low oil price and
decreased work volumes.