Post Archive by Day: February 8, 2018

OILDEX and MineralSoft offer game changing solution for mineral and asset management

Leading Oil & Gas Data Exchange Provider Partners with Best-in-Class Software Platform to Improve Management of Non-Operated Oil & Gas AssetsDENVER, COLORADO – February 8, 2018 – Oildex, a leader in financial automation solutions for the oil and gas industry, and MineralSoft, Inc. (“MineralSoft”), a leading developer of software solutions for managing minerals, royalties, and non-operated oil & gas assets,

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Dividend and share buyback over 2018-2020

2018/02/08 Total Board of Directors confirms priority of implementing Group’s growth strategy and announces shareholder return policy for next 3 years : 2017 dividend proposed at 2.48 €/share  Increasing dividend by 10% over 2018-20 Up to $5 billion share buyback over 2018-20 Paris – The Board of Directors met on February 7, 2018 to review the Group’s 2017 accounts and cash

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Dr Adrian Weller appointed as Programme Director for Artificial Intelligence at The Alan Turing Institute

Posted on 8th February 2018 News We are delighted to announce that Dr Adrian Weller has been appointed Programme Director for Artificial Intelligence (AI) at The Alan Turing Institute. Recognising the importance of AI to the UK’s industrial future, in November 2017 Government recommended that the Turing become the national institute for AI, adding this important area of research to

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Aker Solutions Wins Services Contract from Petrobras in Brazil

February 8, 2018 Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key international market. Photo: Petrobras/Paulo Arthur The four-year contract is valued at about NOK 800 million and includes an option for a one-year extension. The order covers a range of

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CGG MULTI-PHYSICS SETS INDUSTRY BENCHMARK FOR MARINE GRAVMAG

Near-Perfect Production Rates Boost Client Satisfaction Paris, France – 8 February 2018 CGG’s Multi-Physics Marine group achieved a production rate of 99.7% in 2017, including acquisition of gravity and magnetic (GravMag) data totaling nearly 24,000 sail line kilometers during one of the world’s largest proprietary 3D marine seismic surveys. With five years of sustained production rates of over 97%, this

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KBR Will Utilize Innovative PCMAX™ Technology for New Polycarbonate Project in China

HOUSTON – February 8, 2018 – KBR, Inc. (NYSE: KBR) announced today it has been awarded both a license and engineering (LBED) and a proprietary equipment supply contract by Cangzhou Dahua New Materials Co., Ltd.(CDNM) to build a new polycarbonate plant in Cangzhou City, China. Under the terms of the two contracts, KBR will provide its proprietary PCMAXTM technology, basic

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ABANI SAMAL WILL USE ISATIS DURING HIS GEOSTATISTICS SHORT COURSE WITH SME

FEBRUARY 8, 2018 Geovariances is pleased to provide Isatis licenses to all participants of Abani Samal’s geostatistics short course at SME Annual Conference which will take place in two weeks in Minneapolis. Dr. Abani R. Samal is a qualified person, expert among other in mineral deposit evaluation, resource estimation and advanced geostatistics analysis, and an Isatis’ user for almost 20

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Ensco Rated #1 Offshore Driller for Eighth Consecutive Year in Independent Customer Satisfaction Survey

02/08/2018 LONDON–(BUSINESS WIRE)– For the eighth consecutive year, Ensco plc (NYSE: ESV) has earned first place for total customer satisfaction in the Offshore Drilling segment of the Oilfield Products & Services Customer Satisfaction Survey conducted by EnergyPoint Research. This independent annual survey is the industry benchmark for measuring customer satisfaction across the global oilfield and is comprised of thousands of

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GNF Delivers Accident Tolerant Fuel Assemblies for Plant Installation

WILMINGTON, North Carolina—February 8, 2018—Global Nuclear Fuel (GNF) today announced that it has manufactured and shipped lead test assemblies of its IronClad and ARMOR accident tolerant fuel solutions to Southern Nuclear Operating Company for plant installation in early 2018.    GNF is working with both Southern Nuclear and Exelon Generation to insert lead test assemblies utilizing an iron-chromium-aluminum fuel cladding

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Saudi Aramco participates in the 32nd Janadriyah Festival

DHAHRAN, February 08, 2018 Saudi Aramco is participating in the 32nd Janadriyah National Heritage and Culture Festival, organized by the Ministry of National Guard, and inaugurated by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, on Wednesday, 7 February 2018. In its permanent pavilion based in Eastern Province House (Bayt Al-Sharqiyah), Saudi Aramco will showcase

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Gas Storage 119 Bcf WIthdrawal Within Expectations

by drillinginfo | Feb 8, 2018 | Oil and Gas Industry | 0 Comments Natural gas storage inventories decreased by 119 Bcf for the week ending Feb. 2, according to the EIA’s weekly report. The draw was roughly in line with market expectations. Natural gas prices are up slightly with the March contract trading at $2.72 per MMBtu at the

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Training sessions for Asia Pac operators

February 8, 2018 Great feedback has been received following our recent reservoir modelling training sessions to operators in Asia Pacific. Tendeka Reservoir Engineer Dr Mojtaba Moradi led closed sessions for operators in Malaysia and Australia throughout January, with the theme being ‘FloSure autonomous inflow control – performance modelling and reservoir simulation’. Over 40 people from completions, production technology and reservoir

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FLORIDA PETROLEUM COUNCIL: OFFSHORE EXPLORATION BENEFICIAL TO FLORIDA’S ECONOMY AND JOBS

TALLAHASSEE, February 8, 2018 – Florida Petroleum Council Executive Director David Mica today pointed to Florida’s significant economic opportunity to safely and responsibly develop Florida’s offshore energy resources in advance of the Bureau of Ocean Energy Management public hearing on the Interior Department’s proposed five-year offshore natural gas and oil leasing plan. “The inclusion of Florida in Secretary Zinke’s offshore

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Revolutionary new data acquisition unit is now online!

02/08/2018 , Company New data acquisition capability successfully applied at a wind farm in Spain! Shortly after the release of their new data acquisition unit DDAU3, the system has already been installed on wind turbines in Spain and is currently sending data to our Surveillance and Diagnostic Center in Denmark for evaluation. B&K Vibro technology – expertise and innovative power

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CGG and Ardiseis complete highest-density seismic survey ever acquired to deliver quantum shift in imaging, resolution and reservoir characerization

Paris, France – February 8, 2018 CGG, its technology partner, and Ardiseis, subsidiary of the Arabian Geophysical and Surveying Company (ARGAS), the Middle East’s seismic acquisition specialist, have announced the successful completion of the world’s highest-density broadband seismic survey ever acquired onshore or offshore. The ultra-high density of the data recorded on the West-Kalabsha survey on behalf of Apache Corporation

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News Article: Five Steps to Building a Successful IoT Strategy

The greatest benefits of IoT are realized when worker skills are enhanced and work processes are updated to take advantage of new technology.​​​​​​​ In CIOReview Magazine, Emerson Automation Solutions’ Chief Technology Officer Peter Zornio laid out a path to successfully planning and implementing Industrial IoT projects in five key steps. By focusing on business opportunities first, building integrated teams, starting with

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Atos signs key contract with the European Space Agency to enable new services with satellite data

Paris, February 8 2018 Atos, a global leader in digital transformation, has been selected by ESA, the European Space Agency, to deliver and operate Copernicus Data and Information Access Services (DIAS). The DIAS will combine real-time geo data from Copernicus, the world’s largest single Earth Observation program, with data from multiple sources and turn it into information products for companies

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Aker Solutions Wins Services Contract from Petrobras in Brazil

February 8, 2018 Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key international market. Photo: Petrobras/Paulo Arthur The four-year contract is valued at about NOK 800 million and includes an option for a one-year extension. The order covers a range of

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