Norwegian private equity outfit HitecVision has created a new oil service group by merging five companies in its portfolio. Global Maritime Group comprises companies working within offshore and maritime engineering, marine warranty, dynamic positioning…
Alan Semple, Wood Group chief financial officer (CFO) intends to retire and step down from his current role and from the board at the company's annual general meeting in May 2015. David Kemp will succeed Semple…
Wood Group Mustang has been awarded the pre-front-end engineering design (pre-FEED) contract by Statoil for the proposed Snorre C tension leg platform (TLP) to be located on the Norwegian continental shelf. Work is being conducted by…
Australian supply chain logistics group Brambles is to acquire Aberdeenshire-based Ferguson Group for an enterprise value of £320 million (US$545 million) expanding its container business. Ferguson Group provides container solutions to the offshore oil and gas sector…
Ørjan Frøyland joins Hunting Energy Services as the new regional manager for Norway as it targets a period of strategic growth within the Scandinavian oil and gas market. Frøyland will be responsible for overseeing the establishment of the Hunting brand within the region…
Woods Hole Group today announced the appointment of Robert (Bob) P. Hamilton Jr. to President. Dennis Aubrey, who served as President since 2001, transitioned the office to Hamilton, and will serve as CEO. Hamilton joined Woods Hole Group in 1994…
Wood Group has boosted its Norwegian offshore engineering capability by buying Agility Projects from Agility Group for about US$164 million. Agility Projects is a Norwegian engineering, procurement, construction management, installation and commissioning company…
Houston-based EFC Group appointed Anand Puthran as its managing director, a newly created role for the company. Puthran joins EFC Group with more than 15 years of experience working in the oil and gas industry in managerial positions…
Wood Group Mustang’s Pipeline Business Unit has received ISO 9001 certification for its quality management system. Certification was awarded following a rigorous audit by ABS Quality Evaluations, the certification auditing agency. About 1200…
Norwegian offshore services and shipbuilding firm Bergen Group and Calexco have finalized a deal which sees Bergen Group sell its majority interest in NorYards to Calexco. NorYards is now 70% owned by Calexco, and 30 % by Bergen Group…
Wrench time has been highlighted as one of the key areas the UK offshore oil and gas industry needs to address to improve production efficiency levels. Average wrench time - the amount of time spent working on a mechanical project, either…
Bergen Group has decided to accelerate the process of reducing the group's future involvement in the shipbuilding business in favor of a more dedicated focus on offshore related activities. As a part of this process, Bergen Group…
Bergen Group Hanøytangen is in takeover talks with the owners of Norwegian decommissioning firm Scanmet AS. Bergen Group says Scanmet AS is among the oldest and most experienced companies in Norway that carry out decommissioning of oil installations in the North Sea…
Wood Group ODL has won a five year, multi-million pound contract to provide document control and information management services to BP's North Sea business. The contract was awarded through a competitive tender process and is effective January 2014…
BG Group’s Europe business has signed contracts with Wood Group PSN and Stork Technical Services (RBG) to provide a range of specialist support over the next five years to its Armada, Everest and Lomond assets in the central North Sea. The…
