Post Archive by Day: February 26, 2018

Honeywell To Appoint Roger Fradin As Chairman Of The Board Of New Homes Spinoff

MORRIS PLAINS, N.J., Feb. 26, 2018 /PRNewswire/ — Honeywell (NYSE: HON) today announced that it will appoint former long-time company executiveRoger Fradin as the Chairman of the Board for the Homes and Global Distribution business spinoff announced last year. Fradin will start immediately to help Homes transition into a separate, stand-alone business. “In Roger Fradin, we are appointing a terrific

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GE Announces 2018 Board of Directors Slate; Includes Three New Directors

February 26, 2018 H. Lawrence Culp, Jr., former Chief Executive Officer and President of Danaher Corporation Thomas W. Horton, former Chairman and Chief Executive Officer of American Airlines Leslie F. Seidman, former Chairman of the Financial Accounting Standards Board (FASB) BOSTON —February 26, 2018—General Electric (GE: NYSE) today announced the Company’s slate of director candidates for the 2018 annual meeting

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Hydrocarbon Habitats Seminar, Stavanger, 28th February

KADME will be attending the Hydrocarbon Habitats seminar at the Clarion Hotel Air, in Stavanger, on 28th February 2018. You will have a chance to talk to us regarding our Supergrid projects, to speed up prospect picking on the Norwegian Continental Shelf. The seminar usually attracts around 150 delegates from around Norway and this time the focus will be on

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SNC-Lavalin awarded a 5-year framework agreement with Al Khafji Joint Operations, in Saudi Arabia

Montreal February 26, 2018 SNC-Lavalin’s (TSX: SNC) is pleased to announce that its subsidiary in Saudi Arabia has been awarded a 5-year framework agreement to provide In-Kingdom General Engineering Services to Al Khafji Joint Operations (‘KJO’) (a joint operating company between Aramco Gulf Operations Company Limited and Kuwait Gulf Oil Company). KJO is responsible for oil and gas exploration, development

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NOV announces first contract for the Seabox subsea water treatment system

NOV signed its first contract for the Seabox™ subsea water treatment system. The contract was signed with a major operator who will deploy the system at an offshore installation in the third quarter of 2018 for an extended test during the 2018/2019 winter season. The Seabox system enables water treatment to be done directly at the seabed and water to

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Southwestern Energy Announces Senior Leadership Changes

Houston, Texas – February 26, 2018… Southwestern Energy Company (NYSE: SWN) today announced that Julian Bott is joining the company as Executive Vice President and will become Chief Financial Officer on March 5, 2018. Jennifer Stewart, who has served as CFO on an interim basis, will become Senior Vice President, Government andRegulatory Affairs. The Company also announced that it has named Michael Hancock

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First well spud at Oseberg Vestflanken 2

The Askepott Cat J rig at Oseberg H. (Photo: Skandi Veg) February 26, 2018 In the early hours of Sunday 25 February drilling started at Oseberg Vestflanken 2. On the Capital Markets Day on 7 February the project could boast break-even reduction from USD 34 to USD 16 per barrel. The investment budget for Oseberg Vestflanken 2 has been reduced

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Shell sees potential LNG supply shortage as global demand surges

Feb 26, 2018 The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017, according to Shell’s annual LNG Outlook. Such strong growth in demand is consistent with Shell’s first LNG Outlook, published in 2017.  Based on current demand projections, Shell sees

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Honeywell And EQUATE Sign Agreement To Enhance Productivity Of Petrochemical Plants In Kuwait

February 26, 2018 Oil & Gas Asia & Pacific KUWAIT CITY, Feb. 26, 2018 /PRNewswire/ — Honeywell (NYSE: HON) and EQUATE Petrochemical Company, a global producer of petrochemicals, today announced the signing of a memorandum of understanding (MOU) to further the development of innovative technologies to support operations at EQUATE’s industrial complexes. EQUATE is currently the owner and single-operator of several

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Entero is proud to be a platinum sponsor at the OPIS 2018 NGL Summit

FEBRUARY 26, 2018 ENTERO ONE, EVENTS Entero Corporation will be sponsoring the upcoming 8th Annual OPIS NGL Summit and golf tournament in San Diego, CA on March 5-8, 2018 at Hotel Del Coronado. This annual event brings together over 500 Natural Gas Liquids professionals to negotiate contracts, review future trends, and learn about the latest NGL topics from industry experts. Entero® ONE™ (E1)

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Saudi Aramco Shares Experience in Localization and Local Content at AFED 2018

Dhahran, February 26, 2018 Saudi Aramco’s pavilion at the exhibition features iktva, King Salman Energy Park and Aramco Entrepreneurship Center (Wa’ed). Saudi Aramco participates in the Armed Forces Exhibition for Diversity of Requirements and Capabilities (AFED), as a Diamond Localization Partner, and shares its experience in localization and increasing local content. The exhibition is taking place on February 25 –

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Schlumberger and Subsea 7 Announce Intent to Create Joint Venture

 26 February 2018  Subsea 7 hybrid riser tower. Images courtesy of Subsea 7. subsea 7 subsea Schlumberger mergers and acquisitions Schlumberger and Subsea 7 have entered into exclusive negotiations to form a joint venture to deliver subsea installations and services, the companies confirmed Friday. Since 2015, Schlumberger and Subsea 7 have collaborated for some of their work in designing, building,

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Antero Resources Announces Formation of Special Committee to enhance Antero’s valuation

DENVER, Feb. 26, 2018 — Antero Resources (NYSE: AR) (“Antero” or the “Company”) announced today that, as part of its ongoing evaluation process disclosed in the Company’s January 29, 2018 press release, the Board of Directors has formed a Special Committee comprised solely of independent directors (the “AR Special Committee”) to explore, review and evaluate potential measures to address the discount

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ABB to improve reliability of power grid in South Korea

Zurich, Switzerland, February 26, 2018 – ABB FACTS technology to boost transmission capability and improve power stability for electricity consumers in Seoul area ABB has won an order from Korea Electric Power Corporation (KEPCO) to supply technology that will help strengthen long distance transmission and provide more reliable power to the North Eastern part of the country. The innovative Series

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North Carolina Petroleum Council: Offshore Energy Resources Key To North Carolina’s Economic Future And Energy Self-Sufficiency

202.682.8114 | press@api.org North Carolina Petroleum Council: Offshore energy resources key to North Carolina’s economic future and energy self-sufficiency  RALEIGH, February 26, 2018 – North Carolina Executive Director David McGowan pointed to the many economic benefits that offshore energy resources could bring to North Carolina in advance of today’s Bureau of Ocean Energy Management public hearing on the Interior Department’s

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Commencement of subscription period for the Dividend Issue for the third quarter 2017 under the Scrip Dividend Programme

February 26, 2018 07:47 CET Reference is made to the previous announcements by Statoil ASA (OSE:STL, NYSE:STO, the “Company”) regarding the resolution made by the annual general meeting on 11 May 2017 to continue the two year scrip dividend programme commencing from the fourth quarter 2015 (the “Scrip Dividend Programme”). Further reference is made to the resolution by the board

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Expro boosts downhole camera capabilities with Vision iO Agreement

26th February 2018 Leading international oilfield services company, Expro, has enhanced its cased hole services offering, signing a global agreement with downhole video and camera technology specialist Vision iO. Expro is recognised as a key provider of reliable downhole video technology to the oil and gas industry through its downhole video (DHV) range. This includes the ViewMax, high temperature and

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Energistics launches new branding, new website.

New branding and website convey the role of standards as enablers of digital transformation in upstream sector Houston, February 26 2018: Today Energistics Consortium Inc is officially launching its new branding, with a logo and a tag line – Adopt > Advance > Accelerate. “The Energistics Consortium has two missions: facilitate the development of industry standards for data transfer, and inform,

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Emerson Completes Major Multi-Million-Dollar Project for BP North Sea

New automation technologies and ongoing support enable BP to target  production growth and safe and reliable operations. AUSTIN, TEXAS (February 26, 2018) – Emerson (NYSE: EMR), a global technology and engineering company, has completed its multi-year, $90 million (£64 million) automation project for BP’s Glen Lyon floating production, storage and offloading (FPSO) vessel west of Shetland. Emerson is now providing ongoing

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