API’s IM standards boost offshore safety

API is continuing to lead the way on safety

Odfjell Drilling invests in Robotic Drilling Systems

Through an agreement with current shareholders, Odfjell Drilling becomes the major shareholder in Robotic Drilling ...

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Nam Cheong Invests in Shipping Firm in Indonesia

Nam Cheong Limited  has entered into a Cooperation Agreement with PT Bahtera Niaga Internasional (“BNI”) from ...

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Glacier Energy Invests in Growth across Asia-Pacific

International oilfield specialist Glacier Energy Services’ Offshore division has opened its first ...

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EPC Offshore Invests in New Office to Increase Workforce (UK)

Project management and concept development specialist EPC Offshore has invested £2million in a new Aberdeen office ...

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OTC 2013: EnerMech Invests $20 Mln in Its U.S. Business

Mechanical engineering group EnerMech announced at OTC in Houston that it has invested more than £13 million ...

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Clariant Oil Services Invests in Laboratory Facility (USA)

Clariant Oil Services announced that it’s investment in a new laboratory facility is on track for completion in Q3 ...

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Gulf Capital Invests in Oil & Gas Services Company ...

Gulf Capital Invests in Oil & Gas Services Company OCB

Gulf Capital, one of the leading and most active private equity firms in the Middle East, announced  that it has ...

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EnerMech Invests in African Operations

EnerMech Ltd has stepped up its presence in the African oil and gas sector with the £3 million (43 million Rand) ...

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Vantage Drilling Invests in Sigma and New Drillship

Vantage Drilling Invests in Sigma and New Drillship

Vantage Drilling Company has entered into a joint venture with an affiliate of Skeie Group and other investors for ...

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First Subsea Invests in Test Rig for Mooring Connectors (UK)

First Subsea Invests in Test Rig for Mooring Connectors

Subsea mooring connector (SMC) specialist, First Subsea has invested over £200,000 in new mooring connector test ...

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Bowtech Invests in New HQ (UK)

Bowtech Invests in Headquarters Development (UK)

GLOBAL subsea and energy sector imaging systems specialist Bowtech Products Ltd today confirms it is investing more ...

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Fairfield Invests Millions in Dunlin Upgrades (UK)

Fairfield Invests Millions in Dunlin Upgrades (UK)

Fairfield Energy Limited, the private, North Sea-focused independent oil and gas company, has invested £70 million ...

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UK: Red7Marine Invests in Jack-Up Barge ‘Haven ...

Red7Marine recently announced the investment in the seventh Jack-up barge called “Haven Seariser 2”. ...

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USA: Vigor Builds Its Capital Assets, Invests in ...

“There is a resurgence of the marine industry in the Pacific Northwest we haven’t seen for 20 to 30 years now,” ...

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Riverstone Injects USD 150 mln into Fairfield Energy (UK)

Riverston Invests USD 150 mln into Fairfield Energy (UK)

Fairfield Energy, the private, North Sea-focused independent oil & gas company, has agreed terms for a major ...

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Norway: 2011 Results Will Spur Ulstein’s Further ...

Jeya Balasundaram, Egil Aspevik and Peter Göstasson in business area Shipbuilding are pleased with ULSTEIN’s profits distribution policy and the bonus for 2011.

Norway’s Ulstein Group yesterday unveiled its results for the full year 2011. The group had an operating ...

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Brazil: GE Invests USD 300 Million in Batista’s EBX

Brazil: GE Invests USD 300 Million in Batista's EBX

GE  and Eike Batista, the founder of the EBX Group (“EBX”) of Brazil, announced that they have signed a strategic ...

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UK: Stork Subsea Expects Delivery of New Dive ...

Stork Technical Services Subsea, the subsea division of the leading global provider of knowledge-based asset ...

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Finland: Nord Stream AG Invests in Protection of Baltic Sea

Nord Stream AG Invests in Protection of Baltic Sea

The protection of the Baltic Sea will be further expanded: this spring, Nord Stream AG intends to establish an ...

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Norway: Statoil Invests in World's First Integrated ...

Statoil Invests in World's First Integrated EM System

Statoil has awarded Kongsberg Oil & Gas Technologies a contract worth NOK 150 million over three years to ...

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UK: Aubin Invests in New Technologies to Boost its Growth

Aubin, a leading independent supplier of specialist chemicals to the energy industry, has invested in new equipment ...

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