News

Excellence Logging today announced it has signed a definitive agreement to acquire the surface data logging business of Weatherford International plc (the "Company" or "Weatherford") for $50 million in cash. As part of the agreement, Weatherford will sell all of its surface data logging

Singapore-based turnkey service provider and EPC company SSB Cryogenic Services (SSB) today inked a $50m collaboration agreement with Global Petro Storage (GPS) Singapore to expand and develop small-scale LNG supply chain solutions in Southeast Asia. The agreement was signed by Peh Lam Hoh,

Global Petro Storage (GPS) has signed a long-term agreement with Equinor, the multinational energy company, to develop South East Asia’s first independent liquid petroleum gas (LPG) storage facility in Port Klang, Malaysia. The new facility will be the first independent, refrigerated

Global technology and training organisation, 3T Energy Group, has become the UK’s largest energy sector training provider after acquiring offshore training company Survivex. This acquisition strengthens 3T Energy Group’s global offering and is part of its strategy to transform the

Stavanger (29.10.18). Wellesley Petroleum AS (“Wellesley” or “the Company”), an exploration company focused on the Norwegian Continental Shelf (NCS) announces the successful appraisal of the Grosbeak Discovery in the Northern North Sea by wells 35/11-21S and 35/11-21A.

BLUE WATER ENERGY LLP TO PARTNER WITH APEX INTERNATIONAL ENERGY Houston, 22 October 2018 – Apex International Energy, an independent oil and gas exploration and production company focused on Egypt and other Middle Eastern and North African countries (“MENA”), today announced

ROVOP, the independent provider of underwater remotely operated vehicles (ROVs), has today announced the purchase of the entire fleet of 28 ROV systems from M2 Subsea. The fleet expansion will enable ROVOP to better support customer operations in the future by strengthening deployment capabilities

Global Petro Storage (“GPS”), Innova Refining Industries (“Innova”) and Chemie Tech LLC (“Chemie Tech”), jointly “GPS Innova”, have taken a final investment decision (“FID”), to invest in a greenfield terminal project in the Port of Hamriyah

Siccar Point Energy’s boss said the private-equity backed oil firm plans to be a fixture in the waters around Shetland for the long haul.

Unique Group, a leading integrated offshore solutions provider, has completed the acquisition of the Aberdeen headquartered, load-testing equipment provider, Water Weights. The newly acquired specialist will be an addition to Unique Group’s well-established Buoyancy & Ballast division,

Private equity firm Blue Water Energy (BWE) is more interested in buying than selling at present as offshore activity shows signs of a “rebound”, its co-founder said. BWE partner Graeme Sword said his colleagues were “bullish” about the oil industry’s

1st June 2018, Optilan Group. (“Optilan”), has acquired Telinstra FZCO, (“Telinstra”), the UAE based Automation, Instrumentation and Electrical Systems Integration company. As part of the strategic plan developed post acquisition by private equity specialists Blue Water Energy

With well-packed order books and contracts in place worth well over half a billion Norwegian kroner, Halvorsen TEC has put its crisis following the oil downturn well behind it. The company is now where it should be – on the offensive! As a pre-qualified supplier to the major oil and gas

ADDISON, Texas, May 24, 2018 /PRNewswire/ -- Authentix® announced today that Kevin McKenna will become its next President and Chief Executive Officer effective May 29, 2018. Kevin succeeds Bernard C. Bailey who will continue to serve Authentix as Chairman of the Board.

Two of the leading players in industrial training and simulation are joining forces to create a unique new technology-focussed organisation which will help the global energy industry work smarter, safer and more efficiently.  ‘3T Energy Group’ combines the expertise of advanced

The founding partner of new oil and gas training and technology company 3T Energy Group said yesterday its launch was creating a new market. Energy finance veteran Graeme Sword, one of the partners behind private-equity firm Blue Water Energy (BWE), was speaking after two BWE-owned companies

January 25, 2018 - Mime Petroleum AS (together with its subsidiaries referred to as “Mime Petroleum” or “the Company”), a new independent development and production company established earlier this year by Blue Water Energy LLP (“BWE” or “Blue Water Energy”)

Stavanger 16th January 2018: Wellesley Petroleum AS (“Wellesley” or “The Company”) notes the Press Release issued today by the Ministry of Petroleum and Energy (MPE) announcing offers for Production Licences applied for in the APA 2017 licencing round. Wellesley has been offered