SBI Offshore EPCC Project Near Completion
for drilling equipment and systems.” In line with this strategy, it announced on July 2, 2014 that it would form a 70%-held joint venture with U.S.-based Axon Energy Products Inc. – a global oilfield equipment manufacturing company – to market, install, commission and provide aftersales services for oil and gas drilling equipment and systems in Asia. This joint venture, which will allow the group to recognize top-line revenue as well as bottom-line profit, marks a major shift from its legacy business of agency commission revenue. SBI Offshore said on July 3, 2014 that it would

Trelleborg Names RPS Evans-Hamilton Service Partner
presence for onsite marine services in North America, Central America and the Caribbean by appointing RPS Evans-Hamilton as Service Partner for the Docking and Mooring division of Trelleborg Marine Systems for these regions. Under the agreement, RPS Evans-Hamilton will be the sole provider of aftersales services for Trelleborg’s docking and mooring systems. The product portfolio includes Quick Release Hooks (QRHs) and Capstans, the Smart Dock family of docking aid systems (DAS), Environmental and Met Ocean systems, together with integrated control and monitoring. Building on more than 40