dGB Earth Sciences: Launches OpendTect 5.0 Seismic Interpretation Software
OpendTect 5.0 Strengthens dGB’s HorizonCube and Sequence Stratigraphic Capabilities and Provides Interpreters with New Ways of Analyzing Seismic Data dGB Earth Sciences, the leading provider of seismic interpretation software to the oil & gas industry, today announced the launch of OpendTect 5.0, the latest version of its open source seismic …
Tercel Oilfield Products: Launches MicroCORE Drill Bit Cutting System
Tercel Oilfield Products today announced the release of the Patented MicroCORE™ Cutting System, its newest PDC Drill Bit innovation. The MicroCORE cutting system is a revolutionary PDC drill bit design that redistributes high energy consumption from the center of the drill bit to the more efficient areas of the cutting …
DBR: Completes Major Marine Generator Set Order for Damen Shipyards
DBR has delivered the last units of a substantial order totalling 42 marine generator sets for Damen Shipyards Gorinchem. The generator sets will be installed on 14 ASD tugs that Damen is building at its Galaţi yard in Romania for a project in the Middle East. “We are very pleased …
Schlumberger Introduces New, Invizion Evaluation, Well Integrity Service
Invizion Evaluation service provides E&P operators an increased level of well integrity assurance by enhancing cement evaluation techniques Schlumberger announced today the release of Invizion Evaluation* well integrity service, which helps operators evaluate zonal isolation by using integrated drilling, cementing and well logging data. “One key component in achieving zonal …
Schlumberger Introduces StingBlade Conical Diamond Element Bit
Drill bits with Stinger elements across the bit face increase run length and rate of penetration while improving steering in directional applications. Smith Bits, a Schlumberger company, announced today the introduction of StingBlade* conical diamond element bit. StingBlade bits increase run length and rate of penetration (ROP) while delivering improved …
GE Reports 3Q’14 Operating EPS $0.38, +6% 3Q Industrial Profit +9%; Operating Margins +90 Basis Points 3Q Industrial Organic Revenues +4%; On Track for Higher End of +4-7% for 2014 Orders +22%; Record Backlog of $250B, +$21B from Year-Ago
FAIRFIELD, Conn. – October 17, 2014 – GE [NYSE: GE] announced today third-quarter 2014 operating earnings of $3.8 billion, with operating earnings per share of $0.38, up 6% from the third quarter of 2013. GAAP earnings from continuing operations were $3.5 billion, with earnings per share of $0.34, up 6% …
GE to Open Up Predix Industrial Internet Platform to All Users
More than 40 PredictivityTM offerings available by year end for improving operations and asset performance management (APM) PredixTM software platform available to everyone in 2015 for creating customized industry apps at speed and scale First-of-its-kind security firewall available to assess, protect and certify critical infrastructure to help safeguard the Industrial …
Intel & Cisco Developing “Predix-Ready” Devices for the Industrial Internet
New York, October 9, 2014 – GE (NYSE: GE) announced today an expanded working relationship with Intel and Cisco to seamlessly connect the growing number of machines, systems and edge devices to the Industrial Internet regardless of manufacturer. These co-innovations will allow operators to integrate Predix, GE’s software platform for …
New Survey from GE and Accenture Finds Growing Urgency for Organizations to Embrace Big Data Analytics to Advance their Industrial Internet Strategy
NEW YORK, Oct. 8, 2014 – A new global study, “Industrial Internet Insights for 2015,” from GE (NYSE: GE) and Accenture (NYSE:ACN) reveals there is a growing urgency for organizations to embrace big data analytics to advance their Industrial Internet strategy. However, less than one-third (29 percent) of the 250 …
John Flannery to Lead GE Healthcare
FAIRFIELD, CT. – Oct. 6, 2014 – GE Chairman and CEO Jeff Immelt announced today the appointment of John Flannery as president and CEO of GE Healthcare succeeding John Dineen, who is leaving GE. The appointment is effective immediately. Flannery, 53, most recently was senior vice president of business …