Caterpillar Inc. acquired 100% interest in the Pyroban Group Ltd. on August 31, 2011. Pyroban Group is a leading provider of hazardous area safety solutions to the oil and gas, industrial material handling, mining and marine markets. Headquartered in Shoreham, UK, Pyroban Group has additional locati
Odfjell has signed a LOI to take an equity share in Noord Natie Terminal’s existing facility in Antwerpen, Belgium. The intention is to expand the terminal by up to approximately 112,000 cbm capacity. The investment will be part of Odfjell Terminals (Europe), a Joint Venture company between Odfjell
Forum Energy Technologies Inc. said Thursday it plans to raise up to $300 million in an initial public offering, according to a regulatory… (businessweek) [mappress] Source: businessweek, September 02, 2011;
Salamander Energy announces that it has agreed terms with Risco Energy Pte Ltd (“Risco”) for the sale of Salamander Energy (Java & Sumatra) B.V. through which the Group holds five per cent interests in the Offshore Northwest Java {“ONWJ”) and Southeast Sumatra {“SES”) PSCs respectively. The cash con
The federal government has dedicated two new research vessels to serve as floating laboratories that research the health of the Great Lakes… (seattlepi) [mappress] Source: seattlepi, September 02, 2011;
ASCO, one of the world’s leading oil and gas logistic companies announced the award of a contract worth over £1.1m (NOK 10m) by Statoil ASA. The contract covers transport and handling of all pipelines from Leith in the UK to Haugaland Næringspark (Gismervik, Tysvær) in Norway for Statoil’s Gudrun de
International Submarine Engineering Ltd announces the appointment of James A.R. McFarlane as Vice President, ISE Ltd. Mr. McFarlane commenced his subsea vehicle development and piloting career in 1979 when he started with International Submarine Engineering Ltd. From there he became an ROV pilot and
NOAA Ship Thomas Jefferson continues a three-month survey of the sea floor off the coast of New York, Connecticut and Rhode Island, as part of a multi-year effort to update nautical charts for Block Island Sound and keep large ships and commerce moving safely. In addition to supporting marine naviga
Germanischer Lloyd (GL) is supporting “Rainbow Warrior II” to perform its philanthropic mission in Bangladesh after the vessel was transferred as a medical ship from the Greenpeace International to a Bangladesh-based NGO Friendship. GL has recently signed an agreement with Friendship to offer free-o
Siemens Energy opened its new subsea technology center in Trondheim, Norway. Siemens has invested more than EUR10 million in the refurbishment of a building in which new process equipment will be developed and manufactured. The new facility covering an area of 10,000 square meters will be the global
On September 1, Siemens Energy opened its new subsea technology center in Trondheim, Norway. Siemens has invested more than EUR10 million in the refurbishment of a building in which new process equipment will be developed and manufactured. The new facility covering an area of 10,000 square meters wi
Wilhelmsen Ships Service (WSS) has consolidated its legal status in Russia which will enable the global ships services provider to supply all clients in the country, including internal ports and waterways. Wilhelmsen Ships Service has had offices in all main ports in Russia for the last 15 years, bu
BritNed Development Ltd., the joint venture company of National Grid and TenneT, that operates the BritNed Interconnector between Great Britain and The Netherlands, has a new management team. René Kerkmeester has been appointed as the new Commercial Director of BritNed Development. In his new role h
The development of a pipeline system for the transport of gas from the Barents Sea is an important decision for the future. – Our task is to provide a sound base for making good technical and economical decisions for the companies that want their gas exported to the market. We are still in an early
