ROVworld Subsea Information

Powerful and Silent Subsea Thrusters

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: Bibby Offshore Steps into Offshore Wind Cable Installation Arena

Bibby Offshore is moving into the offshore wind array cable installation market with the acquisition of a power cable lay carousel from Ecosse Subsea Systems (ESS).

Bibby Offshore and ESS have also entered into strategic alliance by way of a framework agreement.

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: Shareholder to Vote "No" to Shell, BG Merger

 Royal Dutch Shell's bid to acquire BG Group was dealt a blow on Friday when a first major shareholder said it would vote against the $49 billion deal due to a weak outlook for oil prices and risks related to BG's assets in Brazil.

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: Cameron stockholders approve merger agreement with Schlumberger

HOUSTON – Cameron has reported that its stockholders have overwhelmingly voted to adopt the previously announced merger agreement providing for the acquisition of Cameron by a wholly owned subsidiary of Schlumberger Ltd. 

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: SAAB SEAEYE CONSOLIDATE HYDRO-LEK

Following their acquisition of tooling maker, Hydro-Lek, Saab Seaeye is now consolidating the business into their own facilities at Fareham. 

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: Technip Dismisses FMC Takeover Rumors

 French oil services provider, Technip, has denied alleged merger talks with Houston-based FMC Technologies.

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: Schlumberger Acquires Cameron

Schlumberger, the world’s largest oilfield service company, and engineering company Cameron have announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies.

The transaction combines two complementary technology portfolios into a “pore-to-pipeline” products and services offering to the global oil and gas industry. On a pro forma basis, the combined company had 2014 revenues of $59 billion.

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: Subsea network extended in Alvheim area offshore Norway

TRONDHEIM, Norway – Det norske oljeselskap has brought online the second oil well at its Bøyla field in the Norwegian North Sea. It is tied back to the Alvheim FPSO via a 28-km (17.4-mi) pipeline. Bøyla is under development via subsea facilities comprising two horizontal producer wells and one water injector. The first producer came onstream – the second well initially flowed 18,000 b/d, but output from the two wells should eventually settle at around 20,000 b/d.

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: Oceaneering Buys into Viper Subsea

Oceaneering’s UK subsidiary has, on August 7, completed the acquisition of a minority equity interest in Viper Subsea Technology.

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: Shandong to acquire Northern Offshore

HOUSTON – Shandong Offshore (Bidco) has agreed to acquire drilling contractor Northern Offshore (OSE: NOF) for around NOK 1.3 billion ($165 million).

Assuming shareholder approvals, the acquisition should be completed during the first half of August.

 

 

ACQUISITION/MERGER NEWS

Acquisitions/Mergers: Statoil Wraps Up Shah Deniz Asset Sale

 Statoil and the Malaysian oil and gas company PETRONAS completed their transaction, announced previously on October 13, 2014.

Search ROVworld NEWS

Site Info
 
Poll ?
How many days did you work offshore in 2016? (All votes anonymous)




Results
Polls

Votes 679
ROVworld Feeds
 
Facebook

ROVworld.com - ROV News, Discussions, Jobs and more