March 17, 2008:
Oceaneering Acquires GTO Subsea For $45MM Oceaneering International Inc., Houston, (NYSE: OII) has acquired GTO Subsea AS for approximately $45 million.
GTO is a rental provider of specialized subsea dredging and excavation equipment, including remotely operated vehicle ...more
March 17, 2008:
Stone Energy Names FDIC Chairman Powell To Board Stone Energy Corp., Lafayette, La., (NYSE: SGY) has named Donald E. Powell to its board. He was federal coordinator of Gulf Coast rebuilding from November 2005 through March, chairman of ...more
March 17, 2008:
Shell Oil President Hofmeister To Retire, EVP Odum To Step Up John D. Hofmeister will retire as president of Houston-based Shell Oil Co., an affiliate of Royal Dutch Shell Plc, The Hague, The Netherlands, (NYSE: RDS-A) effective June 1.
Hofmeister says, “My ...more
March 17, 2008:
New Dynamic Offshore Gains SPN’s 13.5 MMBOE/Proved Newly formed, Houston-based Dynamic Offshore Resources LLC has closed its acquisition of a 75% interest in SPN Resources LLC, the E&P division of oilfield-services and –equipment provider Superior Energy Services ...more
March 13, 2008:
Castle Harlan To Buy Tulsa’s Anchor Drilling For $250MM New York private-equity investment firm Castle Harlan Inc. plans to acquire Anchor Drilling Fluids USA Inc., Tulsa, Okla., a portfolio company of private-equity firm American Capital Strategies Ltd., Bethesda, Md., ...more
March 12, 2008:
Petroleum Development Vice Chair McCullough Steps In As President Petroleum Development Corp., Bridgeport, W.Va., (Nasdaq: PETD) has named Richard W. McCullough president in addition to his positions as vice chairman and chief financial officer, replacing John Riley who recently ...more
March 12, 2008:
ConocoPhillip's Clayton To Join Limbacher At Rosetta Rosetta Resources Inc., Houston, (Nasdaq: ROSE) has named John D. Clayton vice president, asset operations, effective March 24. He was manager, Lower 48 business development, for ConocoPhillips Inc. and director, ...more
March 12, 2008:
Spear Joins Hyperdynamics As VP, E&P Hyperdynamics Corp., Sugar Land, Texas, (NYSE: HDY) has named James R. Spear vice president, E&P, and vice president, E&P, of subsidiary SCS Corp. He was a geophysical/geological consultant with Devon ...more
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