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…
Intellian, a provider of stabilized marine satellite antenna systems, opened a second R&D center in Seoul’s Technology Valley, in conjunction with the relocation of its administrative office from Gangnam. The site was chosen to be closer…
When the West Deep Delta Marine development came onstream offshore Egypt in 1999, it was planned to have a 25-year field life. It’s now on its Phase IXa development, with 58 wells, seven with HIPPS, and 14 manifolds. None have been plugged and abandoned yet…
Colin Smith joins Wood Group Intetech to lead the expansion of its operations across the Americas. Based in Houston, Texas, Smith’s role will focus on developing WG Intetech’s business throughout the region, supporting its well integrity management solutions…
Forum Energy Technologies, Inc. (FET) completed the expansion of its DYNACON facilities in Bryan, TX. The expansion doubles the square footage of manufacturing space to 110,775sq ft, which includes larger welding and assembly shops. FET also added a 53…
In a new report, Visiongain values the global FLNG market at US$11.845 billion in 2014. They forecast strong expansion over the next five years, reaching peak levels of CAPEX in 2018. In the second half of the 10-year forecast, visiongain thinks that spending will decline slightly…
Baker Hughes kicked off its first STEM event for high-school students in the Houston area this past summer, inviting 22 students to visit its drill bit manufacturing facility in The Woodlands, Texas. The success of the program, and positive feedback throughout the industry…
Trunkline LNG Export, LLC awarded Technip a front-end engineering and design (FEED) contract for the potential expansion of the existing liquefied natural gas (LNG) import terminal located in Lake Charles, Louisiana. The potential expansion project includes a LNG liquefaction plant…
The Kenyan Government has confirmed a 60% expansion of FAR Ltd.’s L6 exploration permit off Kenya. This previously relinquished acreage increases the total permit area to 5,010sq km. The company has identified a number of play types and prospects in the L6 permit…
F.ExxonMobil and Rosneft signed an addendum to their 2011 strategic cooperation agreement extending ExxonMobil’s access to seven new exploration blocks in the Chukchi, Laptev, and Kara Seas, an area of about 600,000 sq km. Rosneft gained…
Aker Solutions acquired Canadian firm AKCS Offshore Partner. The company said the buyout supports planned future growth in North America as well as expansion into the St John’s, Newfoundland & Labrador, and Atlantic Canada market. AKCS was formed by Aker Solutions…
SeaRobotics Corporation has teamed with a private equity group led by Ocean Investments Capital to fund the expansion of the company’s core business, including the production of unmanned surface vessels (USVs), the commercialization of its Robotic Hull Cleaning systems…
Maca é MOVE: The latest move in the three-year expansion plan of marine equipment rental and sales specialist Seatronics has been the opening a new office in Macaé. Mark Teles, US and Brazil regional VP, will lead the Brazilian team (pictured).
Oceaneering International is investing $5 million in a 30,000ft2 expansion of its facilities in Morgan City, Louisiana.
FMC Technologies has signed a definitive agreement to acquire control and automation system solutions provider Control Systems International (CSI). Founded in 1968, CSI is headquartered in Lenexa, Kansas, and has operations in Irvine, California…
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