Glomar Shipmanagement has purchased the Fugro Commander, a dynamically positioned shallow draft geotechnical vessel.
SKF will supply China Oilfield Services Ltd. with propulsion shaft components and application engineering services for its newbuild fleet of offshore supply vessels.
(Reuters) – Hedge fund Appaloosa Management LP said SunEdison Inc yieldco TerraForm Power Inc’s proposed purchase of residential solar assets from SunEdison represented a change in TerraForm’s…
BOSTON (Reuters) – Fidelity Investments recently boosted the estimated value of video streaming device maker Roku Inc and storage startup Nutanix Inc by more than 20 percent, underscoring how some…
DNV GL has formed a joint industry project to provide guidelines on determining relevant wear criteria for jacking systems in jackup rigs.
IMES has added the Viper Maxi MK II wire rope lubricator and Wire Rope NDT (non-destructive testing) equipment to its range of products.
INEOS has completed its acquisition of all UK North Sea gas fields interests previously held by DEA Deutsche Erdoel, the Germany-based subsidiary of Russian company L1 Energy.
BOSTON (Reuters) – Several of the world’s biggest climate-focused mutual funds have stakes in traditional oil and gas companies mixed in with their solar, wind and clean tech holdings, a potential…
Bird Control Group and CHC Helicopter have teamed up with Total E&P Nederland to develop and install an automated bird-repelling laser and sound system in the Dutch North Sea.
(Reuters) – Alternative investment fund manager Franklin Square Capital Partners named Greg Bassuk as managing director and head of liquid alternative strategies.