Oceaneering International, Inc. (NYSE: OII) announces that Suzanne Spera has joined Oceaneering as Director, Investor Relations.

Ms. Spera’s business career spans over 15 years in investor relations for energy companies. From 2008-2015 she was the Director, Investor Relations at Rowan Companies plc. Prior to that, she held investor relations positions at Synthesis Energy Systems, Inc., Cheniere Energy, Inc., and Petroleum Geo-Services ASA. Ms. Spera is a member of the National Investor Relations Institute (NIRI) and holds a Bachelor of Business Administration degree in Marketing from Texas A&M University.

Marvin J. Migura, Executive Vice President, stated, “We are delighted to have Suzanne, a proven energy industry investor relations professional, become a part of our management team. She has strong analytical, organizational, and problem-solving capabilities and proven abilities to communicate with the investment community. Internally, Suzanne will provide strategic insight, from an analyst and investor perspective, on competitive dynamics and market trends.”

Jack Jurkoshek, who joined Oceaneering in 1993, currently holds an equivalent position and will continue to serve the company in this capacity until his retirement at the end of March 2016.

Schlumberger Limited (NYSE: SLB) and Cameron (NYSE: CAM) jointly announces a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies.

Under the terms of the agreement, Cameron shareholders will receive 0.716 shares of Schlumberger common stock and a cash payment of $14.44 in exchange for each Cameron share.

Based on the closing stock prices of both companies on August 25, 2015, the agreement places a value of $66.36 per Cameron share, representing a 37.0% premium to Cameron’s 20-day volume weighted average price of $48.45 per share, and a 56.3% premium to Cameron’s most recent closing stock price of $42.47 per share. Upon closing, Cameron shareholders will own approximately 10% of Schlumberger’s outstanding shares of common stock.

Schlumberger expects to realize pretax synergies of approximately $300 million and $600 million in the first and second year, respectively. Initially, the synergies are primarily related to reducing operating costs, streamlining supply chains, and improving manufacturing processes, with a growing component of revenue synergies in the second year and beyond. Schlumberger also expects the combination to be accretive to earnings per share by the end of the first year after closing.

The transaction combines two complementary technology portfolios into a “pore-to-pipeline” products and services offering to the global oil and gas industry. On a pro forma basis, the combined company had 2014 revenues of $59 billion.

Paal Kibsgaard, Chairman and Chief Executive Officer of Schlumberger remarked, “This agreement with Cameron opens new and broader opportunities for Schlumberger. At our investor conference in June 2014, we highlighted how the E&P industry must transform to deliver increased performance at a time of range-bound commodity prices. With oil prices now at lower levels, oilfield services companies that deliver innovative technology and greater integration while improving efficiency, which our customers increasingly demand, will outperform the market.

“We believe that the next industry technical breakthrough will be achieved through integration of Schlumberger’s reservoir and well technologies with Cameron’s leadership in surface, drilling, processing and flow control technologies. Deep reservoir knowledge further enabled by instrumentation, software and automation, will launch a new era of complete drilling and production system performance.

“In addition, we will achieve significant efficiency gains through lowering operating costs, streamlining supply chains, and improving manufacturing processes while leveraging the Schlumberger transformation platform. We look forward to welcoming the talented employees of Cameron and are pleased that they will be joining the Schlumberger team as our fourth product group.”

Jack Moore, Chairman and Chief Executive Officer of Cameron, added, “This exciting transaction builds on our successful partnership with Schlumberger on OneSubsea and will position Cameron for its next phase of growth. For our shareholders, this combination provides significant value, while also enabling them to own a meaningful share of Schlumberger. Together, we will create a premier oilfield equipment and service company with an integrated and expanded platform to drive accelerated growth.

“By bringing together Cameron and Schlumberger, we will be uniting two great companies with successful track records, performance and value creation. We look forward to working closely with Schlumberger to achieve a seamless post-closing integration and long term value for all of our stakeholders.”

The transaction is subject to Cameron shareholders’ approval, regulatory approvals and other customary closing conditions. It is anticipated that the closing of the transaction will occur in the first quarter of 2016.

Goldman, Sachs & Co. is acting as financial advisor, and Baker Botts LLP and Gibson Dunn & Crutcher LLP are serving as legal counsel, to Schlumberger. Credit Suisse is acting as financial advisor and Cravath, Swaine & Moore LLP is serving as legal counsel to Cameron.

ASCO, the leading provider of specialist logistics services to the global oil and gas industry, has been honoured for its commitment to health and safety in the workplace by receiving the BG East Africa President’s HSSE Award.

TCO, leading provider of well completion technologies to the global oil and gas industry, has confirmed a continuation of strong sales results, leading to the expansion of its Aberdeen workforce by a third.

Within the past six months, the company has employed eight new personnel for its UK base, namely three engineers, a production scheduler, QHSE manager, administrative assistant and trainee produce, assembly and test technician as well as a new MD, Paul Betteridge (photo).

Mr Betteridge was appointed in March in response to company growth and to provide strategic vision, focusing on the expansion of TCO’s global presence.

Two further employees are expected to join the UK team this year, bringing the local headcount to 26 and accounting for 20% of the company’s personnel.

Earlier this year, TCO moved into its new, purpose built 1,000 square metre office and production facility in Altens. The new facility contains multiple pieces of state of the art equipment including two high pressure test systems for multi-line function testing and a heating chamber for thermal pressure testing.

Commenting on TCO’s 2015 performance so far, Mr Betteridge, says: “Given the current climate within the energy sector, we are exceptionally pleased to be able to maintain and grow the business. There is no doubt that this is down to the sound products and services we give our clients and we are keen to continue to expand our workforce, recruiting likeminded individuals to help us continue to prosper.

“2015’s turnover is predicted to match that of last year and we see real potential for international growth into 2016 and beyond.”

TCO serves the upstream oil and natural gas industry throughout the reservoir life cycle and specialises in the design, manufacture and installation of completion barrier plugs (laminated glass barrier plugs), chemical injection systems, topside chemical injection systems, multi-cycle valves and Annulus Pressure Relief Systems, as well as the provision of tubing-conveyed perforating (TCP) equipment and services.

The company currently employs 130 people across its bases in Aberdeen, Norway, North and South America, Australia, Russia, Africa and the Middle East. This number is expected to grow in the coming months as the company achieves its plans for global growth.

Global Marine Systems Limited of Chelmsford, is among the winners in the RoSPA Occupational Health and Safety Awards 2015 and has been awarded the Order of Distinction in recognition of the company’s 16th annual consecutive gold award.

This achievement is a result of the recent announcement by the Royal Society for the Prevention of Accidents (RoSPA). The RoSPA Awards, which date back 59 years, recognise commitment to continuous improvement in accident and ill health prevention at work.

David Rawlins, RoSPA’s awards manager, said: “The RoSPA Awards encourage improvement in occupational health and safety management. Organisations that gain recognition for their health and safety management systems, such as Global Marine, contribute to raising standards overall and we congratulate them.”

Captain Simon Hibberd, Director Fleet & Operational Support, said: “‘I am very proud that Global Marine has been recognised for continued commitment to the delivery of health & safety management systems. Sixteen consecutive annual gold awards from RoSPA is a very significant achievement and reveals the daily commitment to safety by all our personnel around the world.”

See www.rospa.com/awards/ for more information about the RoSPA Occupational Health and Safety Awards.

Danos has been selected by Shell Offshore Inc. to fabricate three boarding valve skid assemblies for its deep-water Appomattox project. The project, which will engage five Danos divisions – coatings, fabrication, instrumentation and electrical, project management and procurement – will begin immediately, and is expected to take about 12 months to complete.

“Shell and Danos have worked on projects together for the past 44 years,” said Mark Danos, construction and fabrication division manager. “It’s an exciting time. Not only is this a great opportunity for Danos, it will create new jobs at our Amelia facility.”

The boarding valve skids will be fabricated at Danos’ Amelia, Louisiana fabrication facility and shipped to Ingleside, Texas for integration on the facility topside. Following integration, the equipment will be installed on a floating production platform located in deep-water Gulf of Mexico, about 80 miles off the Louisiana coast.

Marsol International Ltd, a Dubai-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has launched its holistic integrity management system to drive forward efficiencies in capital and operating expenditures.

As infrastructures and assets deteriorate over time, their long-term operational efficiency decreases. Marsol International’s Advanced Systems Integrity Management (ASIM) initiative relies on in-depth information gathering, which in turn allows its engineers to carry out the redesign and verification of components to achieve life extension, reduced cost and reduced risk.

Commenting on the importance of integrity management, Mike Young, managing director of Marsol International, said: “Over the last 47 years Marsol International has developed engineering solutions for the fabrication, commissioning and operation of offshore terminals and infrastructures. During that period, we have seen increased involvement in identifying and reengineering points of failure in different systems, generated not only by design and engineering but also through changing environmental conditions and operational practices.

“As a result, we have worked with clients, consulting engineers, contractors, original equipment manufacturers and operators. This has put us in a unique position to fully understand the differentiators between inspection, repair and maintenance and the intricacies of integrity management. Assessing the operational environment, and thus the operational integrity, Marsol is then able to extend its offering to cover life prediction and life extension programs, with resulting efficiencies in capital and operating expenditure. This has become even more relevant due to aging infrastructure and the current low price of oil.”

Marsol International has provided operational engineering and management solutions to clients, consultants and EPC contractors for new offshore terminal facilities, and operational integrity management and IRM services of existing facilities to offshore terminal owners and operators.

Leading subsea engineering and training firm Jee Ltd is offering delegates of SPE Offshore Europe 2015 free technical subsea workshops over the course of the four day event.

Greene’s Energy Group, LLC (GEG), a leading provider of integrated testing, rentals and specialty services, has named Michael “Mike” Hayes as Vice President and General Manager of Pressure Testing and Services (PTS) and the Engineering Group.

Based in Houston, Hayes will be responsible for implementing corporate initiatives and business strategies relating to the operations of the PTS product service line. PTS has 11 locations covering both U.S. land and offshore markets. PTS performs drilling, completion and production pressure testing services along with associated stacking and torqueing of wellhead equipment and gathering system pipelines. PTS also includes Cherokee Pumping Services & Rentals and Nitrogen Services.

Hayes has more than 30 years of operational experience in the domestic and international oil and gas service industry. Most recently, he served as Vice President of the U.S. Eastern Region for Frank’s International and for Weatherford International where he was responsible for managing all sales and operations, QHSSE compliance regulations and organization of business structure.

Hayes is an active member of the Society of Petroleum Engineers (SPE) and the International Association of Drilling Contractors (IADC). Additionally, during his career, he has designed and implemented several new tools and technologies that have resulted in more than 16 patents issued/pending.

“Mike’s industry experience, paired with his determination to succeed, make him a great addition to our team,” said Frank Mathews, President and COO of GEG. “Mike adds skills and perspective that will help Greene’s deliver on our core values of best in class safety and service excellence. We are excited to have Mike leading the PTS team as we navigate the challenging waters ahead.”

Bristow Group Inc. (NYSE: BRS), a leading provider of helicopter services to the offshore energy industry, has announced it is combining its CFO group with its Mergers, Acquisitions and Integration group, and has appointed Don Miller as Senior Vice President and Chief Financial Officer, effective immediately. Miller is replacing John Briscoe, who will be leaving his current position as Chief Financial Officer to pursue other business opportunities. Jonathan Baliff, President and CEO of Bristow Group, stated, "I want to thank John Briscoe for his efforts on behalf of Bristow. We are grateful for his contributions to the company, especially in the successful implementation of our ERP system and leadership of the CFO group at a very dynamic time in our industry. We wish him great success in his future endeavors."

Miller, who joined Bristow in 2010, was until recently Senior Vice President, Mergers, Acquisitions and Integration. He has 30 years of experience in finance, capital markets and M&A, and was responsible for creating the Mergers, Acquisitions and Integration group at Bristow that led to the acquisition of Cougar Helicopters, Eastern Airways and Airnorth. Prior to joining Bristow, Miller spent nine years with Enron North America in positions of increasing levels of responsibility, ending with his role as post-petition President and CEO of Enron North America, leading their wholesale businesses through their orderly disposal after 2001. From 1985 until 1997, he held financial positions with Citicorp Securities, as both an energy corporate banker and high yield research analyst, and as account executive with Dean Witter Reynolds. Miller holds a Bachelor of Science degree from the University of Memphis, and a Master in Business Administration from The University of Texas at Austin. He also holds the Chartered Financial Analyst designation.

Baliff added, "Don has an outstanding track record of value creation and many years of energy finance experience at senior levels in international corporations and banking. His proven leadership skills, and knowledge of both the aviation business and capital deployment have been critical to the success of Bristow's recent initiatives, including our Gulf of Mexico restructuring, Canadian expansion, and fixed wing investments in the U.K. and Australia. As we navigate through a rapidly changing aviation market and a more challenging energy environment, Don's skill set and experience make him a natural fit for this important role at this important time."

WFS Technology Ltd announces the appointment of Bill as Vice President, Operations and General Manager, WFS Technologies (NI).

WFS Technologies supplies subsea wireless instrumentation and control products and solutions to customers in the Oil & Gas, Renewables, Environmental, Consumer and Defence markets.

Bill is an experienced Operations Manager with over 25 years in manufacturing, logistics, engineering, strategic and quality systems roles. He has delivered site start-ups, set strategies and led major change projects in telecoms, IT, construction and process industries. Bill Strahan has also developed individuals and teams to succeed both in periods of growth and cost reduction.

To meet market demand, Bill is tasked with transferring technology and knowhow developed at WFS’s R&D operations to a world-class manufacture, service and customer support facility in Belfast.

Bill’s comments “I am delighted to join Brendan and the talented team at WFS, and look forward to helping them to deliver the next phase of growth for this highly innovative leader in susbsea communications technology”.

Brendan Hyland comments “We welcome Bill to the team. His leadership, experience and skills will help WFS to build on its successes and scale its operations to meet the future demands of subsea instrumentation and ccontrol products and solutions.”

Reflex Marine continues to expand its global network of Accredited Service Centers with the addition of maritime safety company, Wiltrading, located in Australia. Wiltrading has been representing Reflex Marine as a regional partner for over ten years. The company has now achieved Accredited Service Centre status, which is the most comprehensive level of accreditation awarded by Reflex Marine.

Seagull Oil & Gas has acquired all the shares in the EX training provider, ExTek AS, Norway’sonly centre approved to validate core competency of oil & gas industry employees and contract staff under the globally recognized CompEx Scheme.

With the acquisition of ExTek, Seagull will have one of the most comprehensive and complete packages of El-Safety and Ex training in the market.

“ExTek has been developed by some of the leading experts on electricity in explosive atmospheres, and is the only Norwegian approved CompEx centre,” says Morten Aasen, Managing Director, Seagull Oil & Gas. “We see an increasing focus on high quality training and individual certification in the in the oil & gas industry. ExTek is a natural enlargement of the Seagull Oil & Gas portfolio of products to meet our target to become a complete provider of training solutions for the Oil & Gas industry. We believe the combination of e-learning, required practical training and interactive theory discussions with subject matter experts give the best learning outcome on these high risk subjects.”

Global Marine Systems Limited, the UK headquartered world leader in subsea system engineering, installation and maintenance, has appointed Richard Fraser-Smith as its new Chief Financial Officer (CFO). He started in June 2015 and sits on the company’s board and leadership team.

Mr Fraser-Smith joins Global Marine with a wealth of relevant experience. Most recently he was European Finance Director at CH2M Hill, a US-based organisation that offers a diverse range of engineering consulting, design, project management and project delivery services. Some of the notable UK infrastructure projects to which Mr Fraser-Smith contributed during his time with CH2M included Crossrail, HS2 and Thames Tideway. Prior to that he was Regional Finance Director at Halcrow Group Limited, the company acquired by CH2M Hill in 2011.

“I’m excited about my role at Global Marine. I see it as a company which combines the knowledge that only such a vast heritage in subsea engineering can bring, with a commitment to innovation; a combination that presents significant opportunities for growth. I want to be a fresh pair of eyes; challenge the status quo in order to evolve the business.”

Originally a graduate in chemical engineering, Mr Fraser-Smith spent a year in the oil industry as a process engineer before moving into finance. He qualified as a chartered accountant with PwC in 1991 and has since taken on various roles in different industries for companies including Conoco, DuPont, PepsiCo, Walkers and Aramark.

“Richard sees himself as a front-facing business partner and a results-driven accountant, which is precisely the kind of CFO we were looking to appoint,” says Ian Douglas, CEO at Global Marine. “He clearly brings with him a wealth of corporate knowledge which, combined with his experience in operational finance and risk management, is certain to be of enormous benefit to Global Marine and assist with our plans for growth in our current key market sectors; telecoms and oil & gas.”

Bill Smart (photo) has joined the Delmar Systems, Inc. global business development team. Based out of Delmar’s engineering and subsea office in Houston, Texas, Smart will be focused on developing existing and potential new clients’ knowledge of Delmar’s subsea services capabilities.

Prior to joining Delmar, Smart served as Sales Manager for an international ROV provider. He has significant industry experience and has held business development, project management, and engineering positions. Smart holds a bachelor of science degree in mechanical engineering from Texas A&M University.

“Bill brings a unique balance of technical expertise and business development experience to the position,” said James Soliah, Delmar Subsea Manager. “His experience and knowledge are well suited to growing our subsea business and will undoubtedly open new and exciting opportunities for Delmar.”

Headquartered in Broussard, LA with engineering and subsea services based in Houston, TX, Delmar System, Inc. has provided mooring and subsea installation services for over 47 years to oil and gas regions around the globe, with offices strategically located to serve the offshore industry in the world’s most challenging offshore environments.

3sun Group, specialist provider of products and services to the global energy industry, has further enhanced its offering by launching a fully comprehensive asset integrity service.

The Group’s in-house capabilities for working at height support the repair, maintenance and decommissioning of all on and offshore structures, both in oil and gas and renewables sectors. Skilled IRATA approved rope access technicians are utilised for work including welding, pipe and plate non-destructive testing, painting, crane inspection, blade repair and fabric maintenance.

The service also covers detailed offshore surveys, risk assessments and design, through to the implementation of structural and piping modifications and the decommissioning of redundant equipment.

 A 3sun technician working at height on a wind turbine

Commenting on the importance of asset integrity, Graham Hacon, CEO, said: “Safe operation of ageing assets is one of the biggest challenges facing the energy industry, particularly in the North Sea, and even more so in the current climate when identifying streamlined and cost effective solutions is key. A well-managed asset integrity program can play a major role in extending the life cycle of fundamental assets.”

Mr. Hacon added: “Assets can deteriorate in many ways through corrosion, structural fatigue, impact damage and general wear and tear. Our integrity management team works with operators to ensure assets are effectively maintained to be safe, reliable and efficient across their life cycle.

“With our recent acquisition of AID Industrial, we can now offer complementary capabilities to the renewable energy and oil and gas sectors, allowing us to provide a full turnkey solution to our customers. Our services are adaptable as well as comprehensive and allow us to offer bespoke solutions for projects of any scale and specification.”

Since its inception in 2007, 3sun Group has grown rapidly to now employ over 350 people across six divisions, and has earned a global reputation for resolving some of the key energy engineering challenges facing the energy sector.

Its recent acquisition of AID Industrial, specialist PPE provider and expert in Industrial Rope Access, Work at Height and Global Wind Organization safety courses, marked a successful first quarter of the year for the Group. This follows major contract wins, a Top 20 position on The Sunday Times HSBC International Track 200 league table and a £10million investment from the Business Growth Fund last year.