ABTechnology Ltd. and partner Enegi have signed an option agreement with energy services firm Wood Group PSN to increase its participation in the ABT Oil and Gas project. ABT Oil and Gas is a joint project by Enegi and ABTechnology to…
UK-based engineering firm Wood Group will form a joint venture (JV) with Germany’s Siemens to provide integrated rotating equipment services. The JV will comprise the maintenance and power solutions businesses of Wood Group GTS (excluding its Rolls Wood Group…
The US Coast Guard updated decades old regulations regarding offshore cranes and inspection practices. Anthresia McWashington takes a look at the changes to come. The US Coast Guard (USCG) recently proposed revisions to the design, certification…
UK-based engineering firm Wood Group is to form a joint venture with Germany’s Siemens to provide integrated rotating equipment services. The JV will comprise the maintenance and power solutions businesses of Wood Group GTS (excluding its Rolls Wood Group…
Wood Group acquired Pyeroy Group Limited (Pyeroy), a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1…
Subsea Index creates business opportunities in English and Portuguese with high quality, business relevant data on subsea companies and organizations. The Brazilian companies União Engenharia and CP+ were among the first to register in the new Subsea Index…
DNV has appointed Stefan Nerpin as its new Group Vice President of Communications and External Relations for the DNV Group. Mr Nerpin brings with him extensive international leadership experience and a strong track record of corporate communications and branding…
Mustang has acquired a majority stake in Latin American automation and control engineering and consulting firm ISI Solutions for an initial consideration of $5.2 million. The company will be rebranded ISI Mustang and will continue to be led by Pedro Santamaria and the existing management team…
With integrity rising up the pipeline operators’ safety agenda, the search is on for new technologies and best practice to enable compliance and smarter ways of managing the maintenance of these vast infrastructures on and offshore. Tony Holliday…
Allister Langlands will step up to chairman of Wood Group and Bob Keiller will replace him as CEO when longserving chairman Sir Ian Wood retires in November. Langlands joined the group in 1991, initially as financial director, then deputy CEO before succeeding Sir Ian as chief executive in 2007…
Angus Bowie has been appointed MENA regional director for pipeline engineering group Stats. He has relocated to Abu Dhabi from Aberdeen – where he served previously as the company’s technical director – and will oversee the opening of new workshop and warehousing facilities…
Graeme Coutts (pictured) has been appointed a non-executive director of specialist pipeline isolation group STATS. He retired last year following a 21-year career with Expro, during which he held a number of senior roles including president western hemisphere…
Vikas Shangari has joined Stats Group as BDM for the Middle East. He was previously Qatar country manager for Hydratight. Aberdeen-based Stats is in the process of establishing a business unit in Doha, Qatar, and a branch in the UAE.
Under a memorandum of understanding with Petrobras, Cameron plans to invest $30 million in R&D facilities at two Brazilian locations. The company's Jacarei plant will add testing capabilities, including a hyperbaric chamber, along with a highpressure…
No crystal ball is needed to determine one area of offshore activity where spending will rise inexorably in coming years: inspection, repair and maintenance. With one leading commentator predicting this sector’s annual spend will reach $7 billion by 2014…
