Siemens: SINAMICS Cabinet Modules
A quick and sure way to find the perfect solution Thanks to the sealed cabinet system, the liquid-cooled Sinamics S120 Cabinet Modules frequency converter is ideally suited for use in harsh environments. Efficient heat dissipation means there is no need for air conditioning, which markedly reduces energy consumption. Sinamics S120 …
TGS: Commences Cost Reduction Program – 10% of Workforce to Go
TGS announced a Cost Reduction Program reflecting the deterioration of the market for seismic data seen in the first quarter of 2015. Based on preliminary reporting from operating units, TGS management now expects net revenues for the first quarter of 2015 to be approximately USD 172 million, about 23% lower …
Aker Solutions and Fjords Processing for WellSep Alliance
Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topside oil and gas industry. The WellSep alliance will apply Aker Solutions’ subsea processing experience and testing facilities and Fjords’ topside and onshore separation …
BP Standardizes on Schlumberger Technology for New Global Software Platform
Schlumberger announced today that the Petrel* E&P software platform will support BP’s new digital technology roll out. The first deployment of the two-year global implementation has been successfully completed for staff at the company’s business unit in Aberdeen, Scotland. “The Petrel platform is replacing an existing software toolkit to help …
DBR: Continues Success in Marine & Offshore Container Gensets
DBR are currently putting together a 40 foot DNV 2.7-1 container generator set for a vessel owned by Jan De Nul Group. After delivery in Q3 2015, the customized generator set will be put into action on offshore trenching operations. DBR will divide the standard container into three separate compartments …
Honeywell: Flow Measurement for Fiscal Metering – How Data Becomes Digital Intelligence
By Tim Vogel, Product Marketing Manager – Gas Metering, Honeywell Process Solutions Today’s oil, gas and petrochemical industries must balance a number of factors – including declining crude prices, rising capital costs, and a continuing demand for high-value products. Improving their performance in this changing environment is critical and dependent …
Polarcus Expands Broadband Multi-Client Project Offshore Australia
Reference is made to the stock exchange notice published by Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) on 21 October 2014 regarding the announcement of a major new multi-client project offshore Australia (the “Capreolus 3D Project”). Polarcus is pleased to announce that the Company has secured further industry prefunding …
Eurasia Drilling Company: Appoint Taleh Aleskerov as CFO
Eurasia Drilling Company Limited has appointed Taleh Aleskerov as Chief Financial Officer commencing April 1, 2015. Mr. Aleskerov has served as Senior Vice President – Finance of the Company’s chief Russian subsidiary since 2007. W. Richard Anderson is resigning as the Company’s Chief Financial Officer effective April 1, but remaining …
J D Neuhaus Hoists Handle Offshore Seawater Pumps
When the seawater pump on an offshore rig needed replacing, an air hoist supplied by materials handling specialists J D Neuhaus, was on hand to provide safe lifting of the components. Seawater pumps are an integral part of the working environment within oil and gas offshore structures. Seawater itself is …
Halliburton and Baker Hughes Merger Receives Shareholder Approval
Halliburton Company today announced that its stockholders approved Halliburton’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes Incorporated. In addition, Baker Hughes today announced that its stockholders adopted the merger agreement and thereby approved the proposed combination of the two companies. …