Aker Solutions and Baker Hughes to Cooperate on Early-Phase Oil and Gas Studies
Aker Solutions and Baker Hughes agreed to cooperate on early-phase studies to help customers improve the overall economics and value of oil and gas field developments. Aker Solutions and Baker Hughes to Cooperate on Early-Phase Oil and Gas Studies Aker Solutions’ Front End Spectrum unit and Baker Hughes’ Reservoir Development …
Energistics: Ross Philo Appointed President and CEO
Energistics announced today that Ross Philo has joined Energistics as its President and CEO. Mr. Philo has more than 35 years of experience in the oil and gas industry. He has worked for Maersk Oil, Halliburton and Schlumberger among others. He has held numerous executive management positions including CEO, CIO …
AGR: Launches iQx – Multi Disciplinary Well Data Software
iQx™ GEO, a revolutionary innovation for managing well data Global oil and gas service company AGR has released new functionality for its bespoke well data software, iQx™ that will improve the analysis of spatial well data from more than 6,000 wells drilled on the Norwegian continental shelf. The new GEO …
Emerson: Launches Latest Roxar RMS
Latest version of Roxar RMS™ comes with new structural modeling, uncertainty management and well targeting tools, leading to greater operator confidence in reservoir economics, improved decision-making and a more productive workflow. Emerson Process Management has launched the latest version of its reservoir modeling software, Roxar RMS™. The new version – …
DNV GL: Launches Plugging and Abandonment Guide
The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years. Now a new DNV GL guideline will introduce a risk-based approach instead …
TMK IPSCO Named Tube and Pipe Producer of the Year by American Metal Market
TMK IPSCO was recognized as Tube and Pipe Producer of the year for 2014 at the American Metal Market (AMM) magazine’s sixth annual Awards for Steel Excellence banquet on 9th of June in New York. In accepting the award, TMK President and CEO David Mitch said, “This is certainly excellent …
Castolin Eutectic: Expands in the Middle East: Saudi Arabia Joint Venture
Castolin Eutectic opened a new subsidiary in Saudi Arabia via a Joint Venture agreement with its long-term distributor, Tarek Nasser Al Akeel Company Ltd (TACO). The joint venture was formally signed during the Castolin European Sales Congress on 19 March 2015 in Frankfurt, Germany. Founded in 1982, Tarek Nasser Al …
Tendeka Invests in a Fully Bespoke US Completions, Manufacturing and Operations Facility to Support Global Growth
Tendeka, the provider of completions systems and services to the upstream oil and gas industry, has bolstered its US presence in a strategic move which sees the company open a global completions, manufacturing and operations facility. The new site, based in Fort Worth, Texas provides Tendeka with a modern, bespoke, …
Polarcus Signs 2016 Vessel Charter Agreement with TGS
Polarcus Limited is pleased to announce that the Company has signed a Letter of Intent (“LOI”) with TGS-NOPEC Geophysical Company ASA (“TGS”) for the charter of an estimated six months of 3D vessel capacity from Polarcus in 2016 in order to acquire a number of individual projects in line with …
Exterran Announces Management Teams for Post-Separation SpinCo and RemainCo
Exterran Holdings, Inc. (NYSE:EXH) today announced that Andrew Way will join the company on July 1, 2015 and, upon completion of the previously announced separation of Exterran’s international services and global oil and gas infrastructure product sales businesses into a standalone, publicly traded company (“SpinCo”), Way is expected to be appointed President and Chief Executive …