FMC Technologies, Inc. announced that it has formed a joint venture with Edison Chouest Offshore LLC. The new company will be based in Houston. Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore, the new company intends to provide integrated vessel-based subsea [...]
EnerMech, an Aberdeen based provider of mechanical services solutions to the energy services sector, has been awarded a flange management and nitrogen/helium leak testing contract on the Montara Venture FPSO in Singapore. The workscope which is currently ongoing is carried out on behalf of field operator PTTEP Australia Pty Ltd at the Jurong shipyard where the [...]
February 28, 2012 | Posted in
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CGGVeritas and Eidesvik Offshore ASA have announced that Arnstein Øvsthus has been appointed as General Manager of their ship management joint venture, CGGVeritas Eidesvik Ship Management AS. Arnstein Øvsthus will take up his duties on 1st February 2012. With over 30 years of wide-ranging experience in the offshore and shipping industries, Arnstein Øvsthus brings [...]
December 7, 2011 | Posted in
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A working meeting was held yesterday in the Gazprom headquarters between Alexey Miller, Chairman of the Company’s Management Committee and Jurgen Grossmann, Chief Executive Officer of RWE. The parties discussed potential establishment of a joint venture in the energy sector. RWE is a leading German company in the power and natural gas production and marketing [...]
Otto Marine Limited announced today that Otto Ventures Pte. Ltd (“OVPL”), a wholly-owned subsidiary of the Company had entered into a Joint Venture Agreement with Limin Marine Private Limited . Limin is in the business of ship owning, managing and operating, ship brokering, ship building and repair and shipping agency. Under the terms of the [...]
November 30, 2011 | Posted in
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![Philippines: Galoc Joint Venture Approves FEED for Phase II Field Development]()
The Galoc Production Company (“GPC”), operator of the Galoc oil field offshore Palawan in the Philippines, advises that the Galoc Joint Venture has approved the commencement of Front End Engineering and Design (FEED) in support of the planned Phase II development of the field and the acquisition of new 3D seismic. The Galoc oil field [...]
September 5, 2011 | Posted in
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![Clough AMEC Enters Joint Venture With Beca New Zealand]()
AMEC, the equal share joint venture between Clough and AMEC plc, has announced a strategic joint venture with Beca of New Zealand, to offer integrated engineering, operations and maintenance services to the New Zealand oil and gas industry. Clough AMEC Beca (CAB) will combine the internationally renowned strengths of Clough AMEC, a leader in brownfield [...]
![CGGVeritas Announces Future 2D/3D Marine Joint Venture with Petrovietnam]()
CGGVeritas announcedthat it has signed a term sheet with Petrovietnam Technical Services Corporation (PTSC) to create a 2D/3D marine joint venture to operate 2D and 3D marine seismic vessels, primarily in Vietnamese waters. The joint venture will provide seismic data acquisition services for the oil and gas clients operating locally in Vietnam and the region. [...]
December 16, 2010 | Posted in
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![Mermaid In Key Venture to Provide Diving & Marine Services to Offshore O&G Industry in Saudi Arabia]()
Mermaid Maritime Public Company Limited announces that its wholly owned subsidiary Subtech Ltd. has entered a joint venture agreement with General Technologies & Systems Co. Ltd. (“Gentas”), a subsidiary of Shoaibi Group and Saudi Trading & Research Co., Ltd. (“Starc”), to form Subtech Saudi Arabia Ltd. (“Subtech S.A.”). Subtech S.A. will be 70% owned by [...]
November 12, 2010 | Posted in
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![Angola: DSME Takes 30% Share in the Paenal Yard Joint Venture]()
The current joint venture partners (Sonangol and SBM Offshore) of Paenal Yard in Porto Amboim, Angola and Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea have signed an agreement in which DSME will acquire a 30% share in the Paenal Joint Venture. Effective shareholdings after the transaction will be Sonangol 40%, SBM Offshore 30% [...]
October 22, 2010 | Posted in
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