Helix Acquires STL
Houston-based services company Helix Energy Solutions Group, Inc. announced Thursday it has acquired a majority stake in Subsea Technologies Group Limited (STL), an Aberdeen-based subsea engineering company that specializes in the design and manufacture of world-class subsea pressure control equipment, including well intervention, well control and subsea control systems. Terms of the acquisition were not disclosed.Scotty Sparks, Executive Vice President and Chief Operating Officer of Helix, said, “This acquisition provides Helix with a significant opportunity to offer in-house
Schlumberger, Transocean Ink Service Agreements
Cameron, a Schlumberger company, today announced the signing of two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than $350 million. The first contract calls for Schlumberger to manage Transocean’s Cameron risers in the Gulf of Mexico. This comprehensive agreement includes storage, maintenance, inspection, repair, recertification and data-driven riser management on the rigs. Through the second contract, Schlumberger will provide a comprehensive suite of solutions to maintain and service blowout preventer (BOP) systems and other
Schlumberger Signs Two Transocean Service Agreements
Riser management and subsea blowout preventer service agreements aim to reduce offshore nonproductive time and total cost of ownership Cameron, a Schlumberger company, signed two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than $350 million. The first contract calls for Schlumberger to manage Transocean’s Cameron risers in the Gulf of Mexico. This comprehensive agreement includes storage, maintenance, inspection, repair, recertification and data-driven riser management on the rigs. Through the second contract, Schlumberger
New Camesa Cable
, and quality control we are able to release a product that promises to speed up the wireline rig up process and provide a cleaner, more efficient cable.” By using Camesa’s EcoSeal wireline, operators no longer need additional grease pumps which inject grease into traditional pressure control equipment, creating a cleaner and safer worksite. In addition, flow tubes and extended lubricators can also be eliminated, helping to reduce operation’s footprint. EcoSeal’s smooth technology allows technicians to achieve higher running speeds without the loss of pressure control,
LAGCOE Announces 2013 Officers
of Society of Petroleum Engineers and Vice Chairman, New Orleans Chapter of Society of Petroleum Evaluation Engineers. Kenneth “Kenny” Crouch has been named 2013 LAGCOE Treasurer. Crouch is the owner of Pressure Control Specialties, a Lafayette-based company that furnishes pressure control equipment for wireline support. Crouch purchased this company in 2009 and has since opened offices in Pennsylvania and Texas. Throughout more than 30 years of service to LAGCOE, Crouch has participated in various capacities within the organization’s committees. After years of service on the
February 2025
