Page 74: of Offshore Engineer Magazine (Jan/Feb 2013)

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Companies

Activity

Sales and marketing support company Dubai-based Shelf

Wellton Energy Drilling has acquired 38 opened a new offce in shallow-water drilling

Norwich, UK, to serve rigs after completing a the small and medium US$1.05 billion sale with enterprise sector of the oil . Shelf Transocean & gas industry. Drilling is also expected to pick up as many as

Copper and gold mining 3500 employees from the company deal. Shelf Drilling will

Freeport-

InterMoor McMoRan opened a new mooring equipment made a take control of seven rigs yard at Loyang offshore supply base in Singapore. play for oil & gas assets immediately, and will

The facility provides storage and support for by acquiring former assume full operations maintenance, preparation and mobilization. subsidiary on the remaining jackups

McMoRan and later this year.

Exploration

Houston-based

Plains

Risk experts and ship Norway, aims to increase

Exploration & classifcation societies service offerings and in a has

Production Foster Wheeler will unite and global competence base. US$9 billion buying spree. acquired

GL DNV Three Streams under the banner DNV GL Freeport will pay , a privately

Engineering

Group. The new company, Dredging company $6.9 billion for Plains and held engineering company to be headquartered in launched a $2.1 billion for McMoRan. in Calgary, Canada. The

Boskalis takeover of Dutch marine The deal will give Freeport acquisition is part of , contractors major assets in the Gulf Foster Wheeler’s strategy

Dockwise acquiring a 33% stake of Mexico and Eagle Ford to grow its upstream in the company. The shale. capabilities.

acquisition is backed by

Dockwise shareholder

HAL Investments, which holds 32% outstanding shares. Dockwise has not yet accepted Boskalis’ buyout offer of E18.50/ share (approximate total

Pipeline equipment and US$967 million). services provider

TD opened has acquired

Williamson Kongsberg its frst offce in Seoul, Norwegian subsea

South Korea. The new engineering frm

Apply offce will enable the in an effort to boost

Nemo company to provide EPC its presence in the North expanded its Houston-based Connection

VAM USA customers with pipeline Sea and Australian subsea Technology Center to 90,000 sq ft, doubling its R&D intervention and market. Kongsberg expects capacity. The facility conducts harsh-environment isolation technologies. the purchase to close this testing of premium connections for shale applications month. and deepwater drilling in the Gulf of Mexico.

OE | January 2013 76 oedigital.com oe_companies.indd 76 03/01/2013 14:12