Ensco plc and Atwood Oceanics, Inc. jointly announced on 30 May that they have entered into a definitive merger agreement under which Ensco will acquire Atwood in an all-stock transaction
Technology
CGG launches Multi-Physics imaging for a more complete subsurface understanding
CGG’s Multi-Physics business line has launched its Multi-Physics Imaging group, consolidating its recognized expertise in multi-physics data processing and interpretation trusted technical consulting services and specialised commercial software development into a single global team
GE pens digitisation deal with Saudi Aramco with the aim of generating US$4bn
Within the oil and gas sector, Aramco and GE have signed an MoU to undertake a digital transformation of Aramco’s operations with the goal of generating US$4bn in annual productivity improvements, as well as a broader Oil & Gas Investment Feasibility Study MoU
Chicago Pneumatic receives order for LED light towers for Kuwaiti oilfield construction project
Chicago Pneumatic has secured the sale of its tough and efficient LED light towers in Kuwait after its authorised distributor General Transportation & Equipment Company (GTE) placed an order for 25 CPLT V15 LED models
Bentley's SACS offering includes analysis and sign for entire lifecycle of offshore structures
Bentley’s SACS now includes an integrated analysis and design solution for the complete lifecycle of offshore structures, including construction, transportation, in-place, and decommissioning