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Last updated on April 16, 2014 at 17:34 EDT

Latest Offshore Stories

2010-06-18 07:34:00

RIO DE JANEIRO, June 18 /PRNewswire-FirstCall/ -- WILSON SONS LIMITED (BM&FBovespa: WSON11), in full compliance with CVM Instruction Number 358, announces to its shareholders that it has, through its wholly-owned subsidiaries, acquired the minority 25% share participation in Brasco Logistica Offshore Limitada (Brasco). As a result of this transaction, WILSON SONS LIMITED becomes the sole owner of 100% of Brasco's total share capital. The transaction has been completed on June 16, 2010,...

2010-05-20 08:00:00

HOUSTON, May 20 /PRNewswire-FirstCall/ -- Deep Down, Inc. (OTC Bulletin Board: DPDW), an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, today announced a patent on a novel subsea umbilical-splicing technology that looks to provide new alternative solutions for oil and gas distribution systems. United States Patent and Trademark Office (USPTO) issued patent number 7,699,353, "Compliant Splice" which details the use...

2010-05-04 08:00:00

HUNTSVILLE, Ala., May 4 /PRNewswire/ -- ENI Saipem S.p.A., one of the world's largest oil and gas engineering, procurement and construction (EPC) companies, will standardize on the Intergraph® SmartPlant® Enterprise engineering solutions suite, including Smart 3D, Intergraph's next-generation 3D design software to further increase productivity and cost savings and to accelerate project schedules. (Logo:...

2010-04-28 10:59:00

HOUSTON, April 28 /PRNewswire/ -- The Scottish oil and gas industry generated a record 15.4 billion pounds sterling in sales in 2008-2009, an 8.3 percent increase from 2007-2008, according to a new report from Scottish Enterprise and Scottish Council for Development and Industry (SCDI). The Survey of International Activity in the Oil and Gas Sector outlines major growth in international sales activity from the oil and gas supply chain, which accounted for 42.6 percent of the total Scottish...

2010-04-20 14:28:00

HOUSTON, April 20 /PRNewswire-FirstCall/ -- Oceaneering International, Inc. (NYSE: OII) announced the appointment of Knut Eriksen as Senior Vice President, Subsea Products. Effective April 19, 2010, Mr. Eriksen assumed worldwide P&L responsibility for Oceaneering's Subsea Products group, which includes Oceaneering Multiflex and Oceaneering Intervention Engineering. Mr. Eriksen's career spans over thirty years in the oil and gas industry, most recently with Natco Group, Inc., where...

2010-02-01 17:34:00

NEW ORLEANS, Feb. 1 /PRNewswire-FirstCall/ -- Today, Superior Energy Services, Inc. (NYSE: SPN) ("Superior") announces it now has ownership of Shell's Gulf of Mexico Bullwinkle platform, and related assets. Superior will plug and abandon the 29 wells associated with Bullwinkle, which is the deepest fixed-leg production platform on the Outer Continental Shelf. Installed in 1988, Bullwinkle produces 4,000 barrels of oil equivalent per day and serves as a processing hub for third parties....

2009-08-19 16:40:00

HOUSTON, Aug. 19 /PRNewswire-FirstCall/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has been awarded a contract by Petrobras (NYSE: PBR, PBRA) to supply a subsea separation system for the Marlim field, located in the Campos Basin, offshore Brazil. The contract is valued at approximately $90 million in revenue to FMC Technologies. (Logo: http://www.newscom.com/cgi-bin/prnh/20081222/LAM028LOGO) FMC's scope of supply consists of a subsea separation and pumping system. The...

2009-08-10 06:00:00

HOUSTON, Aug. 10 /PRNewswire-FirstCall/ -- Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the offshore energy industry, today announced that Elizabeth D. Brumley has been promoted to the position of Chief Financial Officer, effective immediately. Ms. Brumley was appointed Acting Chief Financial Officer in April of this year. Ms. Brumley joined the company in November 2005. She has over 25 years experience in finance and is a C.P.A. Before joining...

2009-07-31 13:58:00

ST. JOHN'S, July 31 /PRNewswire/ - PanGeo Subsea announced today they have secured a multi-million dollar investment to support ongoing commercialization of its innovative acoustic imaging technology and to increase its product offerings. The investment is led by Lime Rock Partners and CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures. PanGeo Subsea has developed leading edge scientific concepts in the areas of 3D and 4D acoustic imaging technologies into products...

2009-07-08 08:00:00

HOUSTON, July 8 /PRNewswire/ -- DeepFlex today announced that Cobie W. Loper has agreed to join DeepFlex as Senior Vice President of Sales and Marketing in early August, 2009. He will report to W. George Coyle, President and Chief Executive Officer, and will be responsible for developing and implementing the global strategy for increasing market share of the DeepFlex product line of unbonded non-metallic composite flexible pipe for use in the offshore oil and gas industry. Loper joins...