Page 104: of Offshore Engineer Magazine (Apr/May 2013)

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Companies

Activity

SPOTLIGHT

Pipe-manufacturing center

Russia-based held a ribbon-cutting ceremony to open OMK its new pipe-manufacturing facility, which sits on 75 acres in

Houston. The US$100 million investment was made in response to rising demand for oil country tubular goods (OCTG), especially by strong demand in North America’s shale plays.

WorleyParsons Russian Petrofac Training agreed corporation ects, including facilities to acquire Norwegian (Rostec) in for offshore oil felds. has launched

Technologies Services

Bergen engineering frm Moscow in February. One a new eLearning course, for agreement, with Rostec sub- Not-for-proft group Introduction to Oil & Gas,

Group Rosenberg

ITF a cash consideration of sidiary RT-Chemcomposite , the global technol- developed by Oilennium,

NKr1 billion including Holding Company, would ogy facilitator, has signed recently acquired by more than NKr200 mil- create a joint venture three new members to its Petrofac. The user- lion of acquired cash. “The concerning Russian subsea international group of 32 friendly course can be impressive history, capa- activities. A second agree- oil and gas operators and accessed any time online. bility and depth of client ment between Technip and service companies. CNR This course features full relationships of Rosenberg Rustechexport would create International, the interna- voiceover guidance and provide the ideal platform a jointly-owned company tional division of Canadian 3D animations, and is for us to expand our pres- based in Russia to provide Natural Resources, will interactive. When a ence in the Norwegian engineering, design, and join service companies, module is successfully

Continental Shelf off- turnkey construction for Aberdeen-headquartered completed, a certifcate shore oil and gas market,” oil refnery, petrochemical, Expro and Houston-based is issued. Over the said WorleyParsons CEO and gas production proj- FMC Technologies. 12-module course, a

Andrew Wood. user will gain a good

Ithaca Energy

North Sea independent exploration frm has understanding of how

Valiant agreed a deal to buy fellow London AIM-listed explorer

Marine service group hydrocarbon felds are

James Fisher & Sons Petroleum found and developed, . Ithaca said the deal, which values Valiant at about is to buy diving equipment industry terminology, and

US$309 million, would establish it as “a leading mid cap North

Divex frm for up to £33 technical know-how.

Sea oil and gas operator” with 2P reserves of about 74mmboe. million. The deal will see

It would also more than double Ithaca’s current forecast 2013

Rosneft Eni

UK-based James Fisher & and signed production to 14-16,000boe/d (90% oil), rising to approximately

Sons pay an initial consider- a strategic agreement 27,000boe/d in 2015.

ation of £20 million in cash to develop trading and plus a further maximum logistics opportunities. additional consideration of Rosneft president Igor £13 million linked to future Sechin and CEO of Eni proftability targets. Divex Trading & Shipping (ETS), is based in Aberdeen with Marco Alverà, met in Rome operations in Australia, to sign the agreement,

South Africa and Dubai and which will develop employs about 240 people. cooperation between

Technip signed two the two frms’ logistic agreements with state infrastructure networks.

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