Motive Offshore Group, specialist in marine equipment fabrication and rental, has rounded off the final quarter of 2019 with the launch of a new Flexibles division and supporting acquisition. Motive has completed the acquisition of […]
Spirotech Aberdeen, a bulk handling, fabrication and blast containment specialist for the oil and gas sector, has been acquired by a team of industry experts and renamed Spiral Services. CEO and investor Neil Thomson led […]
Since Ørsted’s acquisition of Lincoln Clean Energy (LCE) in October 2018, the business has made significant progress reinforcing its position in the North American market for onshore renewables. LCE has commissioned 500 MW of new […]
Coretrax, the specialist well construction and intervention company, has acquired Churchill Drilling Tools as part of an ongoing growth and expansion strategy. Aberdeen headquartered Coretrax, which supports global well construction, completion and plug and abandonment […]
Blue Gentoo, an emerging Aberdeen technology company serving the oil and gas sector, has made a significant investment in its future with the acquisition of the OMMICA business from Edinburgh-based LUX Assure Limited. LUX Assure, […]
Eni gas e luce, the energy retail company 100% controlled by Eni, has signed an agreement with L&B Capital, Evolvere S.p.A.’s main shareholder, by which it acquires 70% of Evolvere S.p.A., with a possibility to […]
ChartCo and Marine Press, both global providers of digital navigation solutions, have announced their merger. The move will result in the creation of a new, global company called OneOcean which will offer the largest range […]
Following the announcement from HC2 Holdings, Inc., (HC2) concerning the sale by Global Marine Group (GMG) of its stake in Huawei Marine Networks (HMN), Fugro, through its ownership of 23.6% in GMG, will be able […]
International SOS, a global medical and security risk services company, has increased its investment in Iquarus. International SOS, which previously had a minority stake in Iqarus through a joint venture, is becoming the majority shareholder […]
Baker Hughes, a GE company (BHGE) has announced its successful name change to Baker Hughes Company. The company will be known as Baker Hughes, and on Oct. 18, 2019, its Class A common stock will […]
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