Technical Focus

Atos launches new electrohydraulic valve

ATONItaly-based electrohydraulic component manufacturer Atos has launched a new TEB proportional valve to provide precise control of position, velocity, pressure and force with post-movement damping characteristics

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South African logistics firm to build US$853mn oil and gas facility

jetty-davidwright-flickrSouth African logistics company Transnet SOC Ltd has agreed to develop a US$853mn oil and gas service facility at the Saldanha Bay port in the country’s Western Cape province

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Douglas Westwood encourages low-cost subsea processing

subsea-kenlund-flickrThe decline in oil prices could impact prospects for subsea processing (SSP) in deepwater production, according to market analysts Douglas-Westwood (DW)

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UAE risk management firm Olive Group acquires Newport Africa

OliveGroup2UAE-based security and safety provider Olive Group has acquired East Africa’s risk management and security company Newport Africa

Olive Group provides global risk management services and analysis, mobile and static security, journey management, aviation, cyber and maritime security, mine action, expeditionary support and training in sectors such as energy, critical infrastructure and national security.

The acquisition would allow Olive Group to consolidate its position in East Africa, and offer a range of services to clients in the region.

Martin Rudd, managing director of Olive Group, said, “Newport Africa, like Olive Group, has focused on the development of class-leading compliant security solutions for the oil and gas sector and various governments. Our companies are particularly well-matched and we are very excited by the opportunities ahead of us.”

Newport Africa has been working with a set of specialists to assist energy companies in the East African region with risk management strategies.

Rob Andrew, managing director of Newport Africa stated that the company has quickly grown as a leading risk management company and the acquisition by the UAE-based Olive Group would enable the firm with technical and operational capabilities to serve clients better.

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JDR wins offshore umbilical contract in Nigeria

JDR-umbilical1Oil and gas services firm Royal Niger Emerging Technologies has awarded offshore technology provider JDR a fast-track contract for the manufacture of an umbilical offshore deepwater oilfield in Nigeria

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