Company Updates

Airborne Oil & Gas announces that Renato Bastos has joined Airborne Oil & Gas, as Vice President Brazil, strengthening its presence in Brazil. In this role, Renato will be responsible for delivering the company’s roadmap to qualify the Thermoplastic Composite Pipeline (TCP) Riser for dynamic application in Deepwater Brazil.

Teledyne Marine announces a significant investment by Ashtead Technology in the newest subsea multibeam imaging, survey and pipe tracking technology. Key items include RESON SeaBat T50-S IDH multibeam systems (successor to the 7125 ROV2), BlueView M900-2250 dual frequency imaging sonars and HydroPACT 660E pipe and cable trackers among other items purchase from Teledyne Marine.

Danos announces that it has reached a tentative agreement to acquire the assets and business of Shamrock Energy Solutions, a privately held 22-year-old oilfield service company, based out of Houma, Louisiana. The deal is expected to be effective in March, 2019, and will increase the number of Danos employees by nearly 50 percent, from 2,200 to 3,200. The closing is subject to certain remaining contingencies.

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