Search results for: Forum

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  • 20 February 2019
    Business & Finance

    Forum Energy Technologies has promoted John C. Ivascu to serve as senior vice president, general counsel and secretary, effective February 15, 2019.  In addition, James L. McCulloch, Forum’s general counsel since 2010, has transitioned to serve as chief compliance officer and as an advisor to the chief executive officer. John C. Ivascu joined Forum in 2011 as assistant […]

  • 22 August 2019
    Business & Finance, Equipment

    Forum Energy Technologies’ subsidiaries have entered into a definitive agreement to sell their 40% interest in subsea rentals company Ashtead Technology. The buyers of Forum’s interest are Buckthorn Partners and other investors that currently own the majority of the equity interests in Ashtead. Total consideration for Forum’s interest and the settlement of a Forum GBP […]

  • 1 July 2020
    Business & Finance

    Forum Energy Technologies has, as part of its continuing cost reduction plan, reduced and reorganized the corporate executive team. Changes to the executive team will be effective July 10, 2020. D. Lyle Williams Jr., who joined Forum in 2007, will be the executive vice president and chief financial officer. Most recently he served as Forum’s senior vice […]

  • 2 November 2012
    Business & Finance

    Summary of meetings with key players in the EU Commission and the Norwegian delegation for the EU on 20 September was one of the topics at the Safety Forum’s meeting in Brussels on 21 September. In addition, mutual information and updates were provided as regards on-going issues, and the Safety Forum’s role in relation to […]

  • 15 November 2011
    Business & Finance, Equipment, Project & Tenders

      Forum Energy Technologies, Inc. announces the signing of an exclusive five-year supply agreement with Canyon Offshore . Under the agreement, Forum will be the exclusive provider to Canyon of work-class ROVs and Trenchers. This agreement was initiated with the award of two Perry XLX-200 work-class ROV systems, scheduled for delivery in the second quarter […]

  • 15 November 2011
    Business & Finance, Equipment

    Forum Energy Technologies, Inc. (Forum) yesterday signed an exclusive five-year supply agreement with Canyon Offshore (Canyon). Under the agreement, Forum will be the exclusive provider to Canyon of work-class ROVs and Trenchers. This agreement was initiated with the award of two Perry XLX-200 work-class ROV systems, scheduled for delivery in the second quarter of 2012 […]

  • 26 September 2014
    Business & Finance, Equipment

    Construction of the new European Operations center for global oilfield equipment and products company, Forum Energy Technologies, has begun. This multi million pound investment in the new Westhill facility will initially house 120 employees and will bring together five Forum businesses that are currently spread throughout Aberdeenshire. Forum Subsea Rentals, Forum Subsea Tooling, Sub-Atlantic and Forum […]

  • 25 January 2017

    Forum Energy Technologies’ VisualSoft product line has added new features and capabilities within their software suite. The VisualSoft suite is a toolbox of applications used during survey and inspection of subsea assets, in particular pipelines and cables. The first of the releases features a multi-channel, high definition version of VisualDVR (digital video recorder). This system will be […]

  • 6 January 2015

    Secretary General of Gas Exporting Countries Forum Mohammad Hossein Adeli has said the forum will be able to play an influential role in forecasting gas markets.

  • 28 February 2011

      Iran’s governor for OPEC Mohammad Ali Khatibi reported of signing a new charter for International Energy Forum (IEF). It’s worth mentioning that Islamic Republic of Iran elected as the permanent member of the Forum’s executive committee. According to the report of the public relations of the NIGC, he said that 87 members out of […]

  • 8 December 2017
    Business & Finance, Equipment

    Ashtead Technology and Forum Energy Technologies, Inc. have agreed to form a joint venture, creating a provider of subsea survey and ROV equipment rental and associated services. The business, which will be named Ashtead Technology, will be supported by a team of 120 skilled personnel. The joint venture is anticipated to be completed during the […]

  • 26 September 2014
    Business & Finance, Equipment, Operations & Maintenance

    Forum Energy Technologies has begun Construction of the new European Operations centre for global oilfield equipment and products. This multi million pound investment in the new Westhill facility will initially house 120 employees and will bring together five Forum businesses that are currently spread throughout Aberdeenshire. Forum Subsea Rentals, Forum Subsea Tooling, Sub-Atlantic and Forum […]

  • 15 November 2011
    Business & Finance

    Forum Energy Technologies, Inc. has announced signing of an exclusive five-year supply agreement with Canyon Offshore (Canyon). Under the agreement, Forum will be the exclusive provider to Canyon of work-class ROVs and Trenchers. This agreement was initiated with the award of two Perry XLX-200 work-class ROV systems, scheduled for delivery in the second quarter of […]

  • 28 August 2017
    Business & Finance, Equipment

    Forum Energy Technologies has signed a definitive agreement to acquire the membership interests in Global Tubing from its joint venture partner Quantum Energy Partners. As part of the transaction, Forum will also acquire management’s interest in the joint venture and repay Global Tubing‘s net debt. The aggregate transaction value is approximately $237 million, including the […]

  • 2 November 2012
    Business & Finance

    Summary of meetings with key players in the EU Commission and the Norwegian delegation for the EU on 20 September was one of the topics at the Safety Forum’s meeting in Brussels on 21 September. In addition, mutual information and updates were provided as regards on-going issues, and the Safety Forum’s role in relation to […]

  • 3 December 2018
    Business & Finance

     Forum Energy Technologies has named C.Christopher Gaut as a chief executive officer, to replace Prady Iyyanki. Gaut will continue to serve as chairman of the board of directors, the company noted. Cris Gaut said, “Forum is a strong company with tremendous talent and significant upside potential. It is a privilege to be asked to lead the company […]

  • 8 February 2011

      Under the auspices of Admiral Ahmed Aly Fadel, SCA Chairman, and professor Mohamed Al Zoghby, SCU President, the 2nd international forum, “the Suez Canal and the International Variables “, was held for 2 days in the SCU conference Hall, and the SCA Research Centre Hall. This forum will be held, according to the last […]

  • 13 September 2011

    The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Leonid Bokhanovsky, Secretary General of the Gas Exporting Countries Forum (GECF). The meeting addressed the Forum related issues, in particular, setting up a working group to develop the GECF strategy for a five-year period. Background The Gas Exporting Countries Forum (GECF) was set up in 2001 in Teheran. The […]

  • 5 December 2012
    Business & Finance

    Forum Energy Technologies, Inc. announced that it has acquired Merrimac Manufacturing, Inc. (Merrimac). Details of the transaction were not disclosed. Merrimac, located in Plantersville, TX, manufactures premium consumable parts for drilling, well servicing and pressure pumping applications, including mud pump parts, power swivel parts and valves and seats for hydraulic fracturing pumps. Merrimac also provides […]

  • 19 May 2016

    Forum Energy Technologies has promoted Prady Iyyanki to the role of president and chief operating officer. Iyyanki has served as the company’s executive vice president and chief operating officer since January 2014. Before joining Forum, he had 17 years of experience with General Electric managing various manufacturing businesses with global responsibilities, the company noted. C. Christopher […]

  • 8 January 2014

    Forum Energy Technologies, Inc. has announced the appointment of Prady Iyyanki to the position of Chief Operating Officer. In this newly created role, he will be responsible for leading Forum’s global operations and driving growth and operational excellence across the organization. Prady will be based in Houston, Texas. Cris Gaut, Forum’s Chairman and Chief Executive […]

  • 21 October 2013
    Business & Finance

    Forum Energy Technologies, Inc. announces that William (Bill) Boyle has been appointed Senior Vice President – Subsea Technologies. In this role, he will be responsible for Forum’s global subsea business which includes the widest range of remotely operated vehicles (ROVs) in the industry, as well as other products and services critical to the subsea sector. […]