Image from Wood Group. Wood Group Mustang has promoted Kent McAllister to the position of president, Offshore Business Unit. He was previously executive vice president for the business unit…
Wood Group announces the appointment of Robin Watson as chief executive officer (CEO), effective 1 January 2016. Watson succeeds Bob Keiller who has decided to retire from Wood Group on 31 December 2015. Watson has served on the board since 2013…
Wood Group has been awarded a contract with Marine Well Containment Co. (MWCC) to provide an operator training simulator; supporting training for containment in the event of a deepwater well control incident in the Gulf of Mexico. Image from MWCC…
Wood Group has acquired Automated Technology Group (ATG), an independent suppliers of control and power solutions for industrial automation. ATG will perform within Wood Group Mustang’s automation and control business unit, providing…
Norway-based Bergen Group has appointed Hans Petter Eikeland as its new CEO as of today, 28 August. Hans Petter Eikeland is appointed up to July 2016 and succeeds Asle Solheim. “Eikeland has an industrial understanding and vigor that…
Elaine Lisenbe has been appointed to the position of chief financial officer (CFO) and will join Wood Group Mustang’s executive leadership team. Lisenbe joined Wood Group Mustang as financial controller in 2011 and served most recently as vice president of finance for the Americas…
While at first the oil price seemed to spur a rash of big M&A deals in 2014 and early 2015, analysts at GlobalData and IHS say the market could slow if the oil price doesn’t increase. Jeannie Stell reports. Image from Baker Hughes…
Wood Group acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress…
Unique Group, formerly known as Unique Maritime Group, has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets. With a current turnover in excess of US$100 million…
DNV GL Group appointed Tor Svensen as group executive vice president. Knut Ørbeck-Nilssen will succeed Tor Svensen as chief executive officer of its maritime business area. Both will report to the incoming group president and CEO Remi Eriksen…
A consortium formed by Hydro Group and Wenex Equipments has successfully secured a US$3.9 million marine renewables contract. The contract involves the manufacturing and installation of array cabling infrastructure on the SEM-REV marine renewable energy project…
BG Group announced that operational control of Train 1 at its Queensland Curtis LNG plant has been formally transferred to QGC, BG Group's Australian subsidiary, from Bechtel Australia, which constructed the facility. QCLNG…
The oil and gas industry needs to focus on cost and competitiveness to thrive in the current low-oil-price environment, says Australian Petroleum Production & Exploration Association (APPEA) Chairman Martin Ferguson. His comments were echoed by Roy Krzywosinski…
Ferguson Group Singapore appointed OPS Oilfield Equipment and Services Ltd (OPS-OES) as the group’s new exclusive partner for Thailand. Simon de Koning, Business Unit Manager at the group’s Singapore Module Yard at Loyang Offshore Supply Base…
The Ferguson Group has unveiled a new HVAC system for its workspace modules, which will protect workers from high temperatures and excessive humidity levels whilst offshore. The new HVAC system has been installed in the new workspace…