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GM confirms discussions to sell Lordstown Complex to Workhorse

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General Motors has confirmed that it is in discussions with Workhorse Group and an affiliated, newly formed entity to sell the company’s Lordstown Complex in Lordstown, Ohio.

The move – which was informally announced by US President Donald Trump earlier –  has the potential to bring significant production and electric vehicle assembly jobs to the plant, says GM.

Upon final agreement, the entity, led by Workhorse founder Steve Burns, would acquire the facility. Workhorse would hold a minority interest in the new entity. [Read more…] about GM confirms discussions to sell Lordstown Complex to Workhorse

Oceaneering selected to ‘digitally’ transform Pacific Drilling’s global fleet

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Oceaneering International, Inc., and Pacific Drilling have entered into a five-year Digital Services Package agreement to provide Pacific’s customers with better reliability and improved throughput enabling streaming video and real-time data.

This will allow the provision of emerging services such as remote ROV piloting, surveying, and automation aboard Pacific Drilling’s high-specification drillship fleet.

As a result of these efforts, Pacific Drilling’s customers can benefit from higher security, increased access and management of third parties as well as new and expanded digital services.

[Read more…] about Oceaneering selected to ‘digitally’ transform Pacific Drilling’s global fleet