Companies in the news ///

McDermott International, Inc., subsidiary J. Ray McDermott, S.A., has agreed to purchase substantially all the assets of Secunda International Ltd, including 14 harsh-weather, multi-functional vessels, with capabilities including subsea construction, pipelay, cable lay and dive support. Eight of the vessels have dynamic positioning capability. The purchase price is about $260 million. Southern Research Institute announced plans to open its Carbon-to-Liquids (C2L) Development Center in the Research Triangle of North Carolina. The facility will research technologies that convert non-petroleum carbon resources into products such as diesel, jet fuel, methanol, ethanol and electric power. Schlumberger has launched the Western Spirit, the seventh Q-Marine vessel to join the WesternGeco fleet. Q-Marine is a single-sensor high-fidelity seismic acquisition-to-inversion platform technology for enhanced reservoir-quality acquisition, processing and inversion.The vessel will begin work with a high-specification 4D survey in the North Sea for Statoil. Equipped with DSC (dynamic spread control), the new automated source and streamer steering technology...

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