Post Archive by Day: February 5, 2018

Indigenous partnerships power renewable energy

Feb 05, 2018 Albertans will see new jobs, more private-sector investment and increased green power generation as the next phase of the Renewable Electricity Program focuses on partnerships with Indigenous communities. L-R: Guy Lonechild, CEO, First Nations Power Authority, Minister Phillips, Minister Feehan, Rupert Meneen, Grand Chief, Treaty 8, Minister McCuaig-Boyd, Gerald Cunningham, president, Metis Settlements General Council, Aaron Young,

Continue reading

New ABB string inverter reduces OPEX and CAPEX costs for solar installations

2018-02-05 – ABB expands its solar inverter portfolio with the PVS-100/120 inverter ABB’s PVS-100/120 range of cloud connected, three-phase string inverter solutions for cost efficient decentralized photovoltaic systems is available from today. As the solar market shifts towards new cost-effective platforms offering extreme high-power string inverters from 1,000 VDC up to 1,500 VDC, ABB PVS-100/120 platform maximizes the ROI and

Continue reading

Expro announces completion of financial restructuring

Emerging with a Stronger and More Sustainable Capital Structure Aberdeen, Scotland, February 5, 2018 – Leading international oilfield services company, Expro, announced today that it has successfully completed its financial restructuring, providing the Company with a stronger and more sustainable financial foundation to grow the business. The financial restructuring eliminated Expro’s entire $1.4 billion of funded debt, including the associated

Continue reading

Teradata Appoints Oliver Ratzesberger as Chief Operating Officer

February 5, 2018 | San Diego Mr. Ratzesberger to Oversee Global Businesses and Implementation of Teradata Strategy COO Appointment Aligns Sales, Products, Services and Marketing Under One Team Teradata (NYSE: TDC), the leading data and analytics company, today announced that Oliver Ratzesberger, Executive Vice President and Chief Product Officer, has been appointed Chief Operating Officer, effective immediately. Mr. Ratzesberger will

Continue reading

SPE: Need for Reserves Replacement Drives Exploration Investment

05 February 2018 Topics: Carbonates Data and information management Petroleum reserves Reservoir management Getty Images Halliburton Despite the struggles brought on by the oil price downturn, the industry still continues to invest significant resources into exploration, and in an online presentation (“Exploration: The Ingredients for Future Success”) hosted by Halliburton, Mike Simmons discussed how competition can drive exploration and help

Continue reading

Renault Sport Racing and BP strengthen strategic relationship

BP Castrol extends sponsorship of Renault Sport Racing by at least five years BP and Groupe Renault, through Renault Sport Racing, have today announced a significant strengthening of their relationship, which will see the global energy company continue its support of the Renault Sport Formula One Team for at least the next five years and explore new opportunities to work

Continue reading

Atos Positioned as a Leader in Gartner Magic Quadrant for Managed Workplace Services, Europe

Atos, a global leader in digital transformation, today announces that it has been positioned as a Leader by Gartner in its Magic Quadrant for Managed Workplace Services, Europe[i] based on its ability to execute and its completeness of vision. Additionally Atos is positioned as a Leader in North America in Gartner’s Magic Quadrant for Managed Workplace Services, North America[ii]. North

Continue reading

AspenTech to attend ARC Industry Forum 2018

BEDFORD, Mass. – February 5, 2018 – Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, today announced that it will attend the 22nd Annual ARC Industry Forum, Digitizing and Securing Industry, Infrastructure, and Cities, to be held February 12-15, 2018 in Orlando, Florida. The event highlights the growing connectivity and data-driven intelligence within industry as machine learning and

Continue reading

AspenTech Acquires Apex Optimisation, Inventors of Generic Dynamic Optimisation Technology (GDOT)

Aligns Advanced Process Control with Planning & Scheduling to Unify Production Optimization BEDFORD, Mass – February 5, 2018 – Aspen Technology, Inc. (NASDAQ: AZPN), the asset optimization software company, has acquired Apex Optimisation, a European company specializing in Dynamic Optimization and Advanced Process Control. Apex’s GDOT software aligns Advanced Process Control (APC) with Planning & Scheduling, enabling unified production optimization

Continue reading

Hess Reports Estimated Results for The Fourth Quarter of 2017

  Hess today reported a net loss of $2,677 million, or $8.57 per common share, in the fourth quarter of 2017, compared with a net loss of $4,892 million, or $15.65 per common share, in the fourth quarter of 2016. Fourth quarter 2017 results reflect net after-tax charges totaling $2,373 million, including a non-cash accounting charge of $1,700 million to reduce

Continue reading

GE and Arenko to Build One of the World’s Largest Energy Storage Facilities in the UK

February 5, 2018 Arenko has selected GE to deliver a 41MW battery energy storage system capable of responding quicker and more effectively than traditional energy technologies to meet real time demand of consumers The new energy storage system will supply on demand power to approximately 100,000 UK homes and contribute to reducing energy bills for UK households and businesses This

Continue reading

Building the world’s first ballast-free LNG bunkering vessel with HMD

05 Feb 2018 Hyundai Mipo Dockyard (HMD) is scheduled to deliver the world’s first ballast free LNG bunkering vessel later this year. The 7,600m³ vessel was ordered by Germany-based Bernhard Schulte Ship management in late 2016 and is currently under construction to LR class at HMD’s Ulsan shipyard.Since the introduction of steel-hulled vessels, ballast water has been essential for the safe and

Continue reading

Total Enters Exploration In The Prolific Guyana Basin With Three Exploration Licences

Paris, February 5, 2018 — Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block. These agreements come after entering into an option agreement for the nearby Orinduik Block. Subject to the approval of relevant authorities, Total will thus own exploration rights to an area covering over 12,000 square kilometers

Continue reading

Qatar Petroleum joins Total as a partner in the Exploration Block 11B/12B in South Africa

Paris, February 5, 2018 – Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The transaction remains subject to regulatory approval. “This transaction enhances the partnership on Block 11B/12B in preparation for the high potential exploration well scheduled to be drilled on the block at the end of

Continue reading

ITF and The Oil & Gas Technology Centre announce merger

Merger will focus and enhance technology and innovation support for industry • Combined knowledge and expertise will create strong proposition • Transaction is expected to complete in Q2 2018 The Oil & Gas Technology Centre and ITF – the Industry Technology Facilitator – have agreed to merge to focus and enhance the technology and innovation support for the UK oil

Continue reading

TGS announces Mexico well data award

HOUSTON, TX (5 February 2017) – TGS announces that it has obtained commercial authorization from the Mexican regulator, Comisión Nacional de Hidrocarburos (CNH), to process its entire library of more than 30,000 wells in Mexico.  This award grants TGS the right to process and deliver high-quality, high-value well data products to companies exploring in offshore and onshore Mexico.  The first phase

Continue reading

Capgemini reinforces its global leadership in digital with the acquisition of customer engagement firm LiquidHub

Paris, February 5, 2018– Capgemini announced today the acquisition of LiquidHub, a digital customer engagement firm that specializes in developing and delivering compelling customer experiences. This acquisition will reinforce Capgemini’s Digital Consulting capabilities in North America and accelerates its portfolio shift in the region. Established in 2000, LiquidHub counts industry leaders among its clients notably in financial services, healthcare and

Continue reading