Emerson: Roxar Launches API Key For Customization of Roxar RMS
Emerson Automation Solutions has launched the Roxar API (Application Programming Interface), its extensibility solution for reservoir modeling and, in particular, for its industry leading software Roxar RMS™. The Roxar API helps operators customize their workflows to achieve specific goals; improves data management capabilities with greater interoperability and flexibility; preserves vital …
NOV: Acquires Fjords Processing for NOK 1,200m from Akastor
Akastor ASA, an oil service investment company, has entered into a definitive agreement to sell Fjords Processing to National Oilwell Varco for a consideration of NOK 1,200 million on a debt- and cash-free basis. Fjords is a global leader in complete process support systems for gas, oil and water, and …
Weatherford: Christoph Bausch Appointed CFO, Frederico Justus Promoted to President – Regional Operations
Weatherford International plc announces the appointment of Mr. Christoph Bausch as Executive Vice President and Chief Financial Officer, effective December 13, 2016. Bringing many years of financial and operational management experience, Mr. Bausch joined the Company in May of 2016 as Vice President and Controller Product Lines. Previous to his …
Emerson: Roxar – Launches RMS 10 Update
RMS 10 brings enhancements to seismic interpretation, structural and property modeling, reservoir engineering and automation for improved reservoir management, increased productivity and reliable production forecasting. Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software. Through a host of new features and greater workflow integration to …
Salunda: Launches MudChecker for Rapid Mud Analysis
Rapid and consistent analysis of mud properties during the drilling and completion of oil and gas wells is provided by the latest hand-held technology from Salunda Limited. Offering a faster alternative to conventional retort and titration testing, the battery powered MudChecker drilling mud analyser is the first electronic diagnostic device …
Baker Hughes: BJ Services Reformed After Pressure Pumping Merger with Allied Energy Services
Baker Hughes Incorporated, CSL Capital Management and West Street Energy Partners (WSEP), a fund managed by the Merchant Banking Division of Goldman Sachs, announced today an agreement to create a pure-play North American land pressure pumping company. The new company, BJ Services, will leverage operational experience and industry expertise to …
Calfrac: Announces $40 million Private Placement
Calfrac Well Services Ltd. is pleased to announce that it has entered into an agreement with Peters & Co. Limited, as lead underwriter on behalf of a syndicate of underwriters to be formed (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a private placement basis, …
AspenTech Acquires Mtell
Aspen Technology, Inc., a leading provider of software and services to the process industries, announced it has acquired Mtelligence Corporation (known as Mtell), a San Diego, California-based pioneer in the field of predictive and prescriptive maintenance for asset performance optimization. Mtell products enable companies to increase asset utilization and avoid …
Frank’s International: Appoint Douglas Stevens as President and CEO
Effective November 15, 2016, Douglas Stephens will assume the role of president and chief executive officer of Frank’s International. Mr. Stephens was most recently with Baker Hughes, Inc. where he was president of the global pressure pumping division and responsible for its worldwide tubular running and pressure pumping business. Prior …
Weatherford: Bernard Duroc-Danner Appointed Chairman Emeritus
The Board of Directors of Weatherford International plc, in recognition and appreciation of outstanding vision and years of service, has named Dr. Bernard Duroc-Danner as Chairman Emeritus. In this honorary and advisory role to the Board of Directors, Dr. Duroc-Danner will not receive any remuneration for his role and will …
