Doughty Hanson & Co, one of the largest independent private equity firms in Europe, announced that it is to acquire ASCO Group (ASCO), the largest global provider of outsourced logistics services and solutions to the oil and gas (O&G) industry, from Phoenix Equity Partners. ASCO provides oilfield lo
Irish tidal energy technology company, OpenHydro, has been honoured at the 2011 Ireland France Business Awards for their outstanding company performance in 2011 and promotion of bilateral trade and investment between Ireland and France. At an awards ceremony held in Paris, OpenHydro was selected as
BORD GÁIS ASSETS: The name may be associated with natural gas, but with the “Big Switch” campaign, Bord Gáis launched the first competitive… (irishtimes) [mappress] Source : irishtimes, November 25 , 2011; Image: OpenHydro
CGGVeritas has been ranked in the top 2% of the UK Government’s Carbon Reduction Committee (CRC) league table published in November 2011. The league table ranks organizations participating in the CRC on how well they manage their energy efficiency. Out of over 2,000 companies listed, CGGVeritas was
Energy consultancy Xodus Group has launched a £5 million office in The Hague bringing a truly integrated subsurface and surface capability to the global oil and gas industry. A number of key appointments have been made and Xodus aims to have 20 people operating from The Hague by the end of the year.
The Norwegian Petroleum Directorate (NPD) and the University of Bergen have acquired geological material from steep parts of the seabed on the Jan Mayen Ridge. The new knowledge reinforces the belief that there could be petroleum in the area. ”The samples from the seabed at Jan Mayen are remarkable;
A research financed by the EU’s INTERREG IVA Programme has identified that subsea power grid between Scottish and Irish offshore renewable sites is feasible and could drive development in the sector. ISLES says that interconnected transmission network would generate revenues, and create jobs. The st
ABB, the leading power and automation technology group, has announced that recent modifications to its Azipod propulsion unit frame design have seen hydrodynamic efficiency improved by more than two per cent. The modifications include a newly optimized Azipod fin shape and a new pod cap structure, c
The Energy Institute (EI) has published new guidelines for improving reliability and obsolescence in subsea systems with the support of Subsea UK. These guidelines provide a framework for reliability assessment and use of field data as well as the management of obsolescence to help support continued
Scottish, Irish and Northern Irish ministers will meet later this week to discuss the issues raised in a major study on a future offshore … (scotland) [mappress] Source: scotland, November 22, 2011;
Every year, Universum surveys young professionals and asks them questions about their career expectations, how they perceive companies as employers and what they associate to those employers. As in previous years, Aker Solutions is rated highly by both by engineers and business professionals, and am
Mobimar Ltd. delivers its first trimaran crew transfer vessel to Meriaura Ltd. in March next year. The unique trimaran vessel Mobimar 18 Wind challenges current practices by making the offshore wind farms accessible for 96 more days per year, which greatly improves the profitability. When the signif
Mobimar Ltd. delivers its first trimaran crew transfer vessel to Meriaura Ltd. in March next year. The unique trimaran vessel Mobimar 18 Wind challenges current practices by making the offshore wind farms accessible for 96 more days per year, which greatly improves the profitability. When the signif
A set of new guidelines to strengthen the response to oil and chemical spills at sea has been published recently. The post-incident monitoring guidelines are a key output from the PREMIAM project (Pollution Response in Emergencies: Marine Impact Assessment and Monitoring) which was initiated in 2009
