Business Weekly

Tuesday
May 13th
  • Login
  • Sign up
    Registration


    Fields marked with an asterisk (*) are required.
    Security Code: * This Field is required This Field IS visible on profile Information for: Security Code: : Enter Security Code from image
    Weekly digest
    Receive HTML?
    Name: * This Field is required This Field IS NOT visible on profile
    Username: * This Field is required This Field IS visible on profile Information for: Username: : Please enter a valid User Name. No spaces, more than 2 characters and contain 0-9,a-z,A-Z
    E-mail: * This Field is required This Field IS NOT visible on profile Information for: E-mail: : Please enter a valid e-mail address.
    Password: * This Field is required This Field IS NOT visible on profile Information for: Password: : Please enter a valid Password. No spaces, more than 6 characters and contain 0-9,a-z,A-Z
    Verify Password: * This Field is required This Field IS NOT visible on profile
    Company: * This Field is required This Field IS visible on profile
    Industry Sector: * This Field is required This Field IS visible on profile Information for: Industry Sector : Please choose one industry sector from the drop-down box.
    Address: This Field IS visible on profile
    City: This Field IS visible on profile
    Postal Code: This Field IS visible on profile
    Country: This Field IS visible on profile
    Phone #: This Field IS visible on profile
    Website: This Field IS visible on profile
    Keywords: This Field IS visible on profile Information for: Keywords : These keywords, describing your company, market sector or technology will enable other registered users of the website to make contact with you more easily. Separate each keyword with a comma.
     
    * This Field is required This Field is required | This Field IS visible on profile This Field IS visible on profile | This Field IS NOT visible on profile This Field IS NOT visible on profile | Information for: ? : Field description: Move mouse over icon Field description: Move mouse over icon
  • Search
Text size
  • Increase font size
  • Default font size
  • Decrease font size
HOME arrow Energy arrow New joint venture announces first contract success arrow Registration
New joint venture announces first contract success
Written by Lautaro Vargas   
Wednesday, 16 April 2008
A new joint venture between Norfolk-based offshore oil and gas specialist, Acteon, and UAE firm FAL International LLC, has already announced its first contract win. TEAM Energy Resources Middle East LLC, has landed a deal to provide personnel to an unnamed Qatari drilling contractor.

The joint venture has formed a Qatari limited liability company that will follow the operational lead of TEAM Energy Resources Ltd, an Acteon subsidiary based in the UK.

TEAM Energy Resources is a leading international provider of manpower services to the subsea, inspection, construction, marine and drilling sectors with a long-established reputation of attracting leading industry professionals.

TEAM Energy Resources Middle East will join its UK counterpart in providing key personnel to the global offshore oil and gas market and will facilitate cross-selling of services and provide much broader solutions, particularly in the fields of maintenance, production and drilling.

The joint venture follows the merger of Aquatic Engineering & Construction’s manpower division – previously sponsored by FAL International – with TEAM Energy as a consequence of Aquatic’s takeover by Acteon in 2006.

“The Doha office provides offshore production personnel and has vast experience of the logistics involved in providing work crews, whereas TEAM in the UK focuses on drilling personnel and supervisors,” said George Highmoor, general manager for TEAM Energy Resources.

David Milner will be managing TEAM Energy Resources Middle East LLC and will report to George Highmoor. Acteon will continue to operate the powered reeling systems for the laying and retrieval of pipes and umbilicals under the existing Aquatic Engineering & Construction brand.

Through subsidiaries such as 2H Offshore, InterMoor, UWG and Seatronics, Acteon provides the international offshore oil industry with specialised engineering services focused on linking subsea services.
Trackback(0)
Comments (0)Add Comment

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

security code
Write the displayed characters


busy
 
Like this story? Tag It:
DeliciousDelicious
DiggDigg
NewsVineNewsVine
RedditReddit
TechnoratiTechnorati
?
< Prev   Next >
[ Back ]

In this news category

Most Popular
ITM to explore the potential of diesel-hydrogen hybrid 
ITM and Roush cleantech collaboration set to 'greatly accelerate' pollution reductions  
East of England poised to cash in on a nuclear future for UK 
Oil and gas firms join forces 
New joint venture announces first contract success 
Utah oil prospects hinge on ARKeX technology 

Featured business directory listing


Howes Percival...
www.howespercival.com
Category: Legal

Site

REGISTER
RSS
BUSINESS WEEKLY EPAPER
ARCHIVE
SEARCH NEWS
BUSINESS BOOKSHOP
CONTACT US

Upcoming events

View Business Weekly's calendar

Email bulletin

Enter your email address:

Delivered by FeedBurner

Featured Blog

CandidCapital blogs
  • Of Budgets and White Papers

    The 2008 UK Budget may have been a modest affair, but published with it were two documents with probably greater implications for the long-term performance of the innovation sector in the UK.

    Many of you reading through the coverage of Alistair Darling’s first Budget, delivered on 12th March 2008, may have been reminded of Claud Cockburn’s famous (spoof?) entry for the prize of most dull but accurate headline: ‘Small Earthquake in Chile, Not Many Dead’.

    read more