Post Archive by Day: November 6, 2018

FUGRO ANNOUNCES AGREEMENT WITH L3 ASV TO DEVELOP NEXT-GENERATION AUTONOMY FOR COMMERCIAL SURVEY

Fugro has signed a joint development agreement with L3 ASV, a leader in the field of unmanned and autonomous vessel technology, to create the next generation of autonomous vessels for the commercial survey market. Leidschendam, The Netherlands 06 Nov 2018 The partnership brings together the expertise of both companies for the joint development of a variety of fit-for-purpose unmanned surface

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Hexagon’s Geospatial Division Supporting the SIDE II Contract in the European Union

Key Luciad Solutions Help Enable EU Agencies to Enhance Geospatial Data Visualization Capabilities 06 November 2018 NORCROSS, Ga., November 6, 2018 – Hexagon’s Geospatial division announces that it is now an approved supplier for the Software for Innovation, Diversity and Evolution II (SIDE II) contract in the European Union (EU). Hexagon is now capable of helping EU agencies to best

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OMNIS, in partnership with TGS and BGP, announces the opening of the Madagascar 2018-2019 License Round at Africa Oil Week 2018

06 November 2018 In the framework of the development of Madagascar’s oil and gas potential, the Malagasy State through OMNIS continues to promote projects that attract new private investment in the short, medium and long term. OMNIS, together with TGS and BGP, has worked to create an attractive environment for offshore exploration. Exploration in Madagascar began in the early 1900s

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Orbital Gas Systems Signs Cooperation Agreement with Mitsubishi Electric Europe BV to Enhance RTU and BioMethane Product Lines

HOUSTON – Orbital Gas Systems has entered into a technical collaboration with Mitsubishi Electric Europe BV (“Mitsubishi Electric”) to further enhance Orbital’s remote telemetry unit (RTU) and BioMethane product lines with Mitsubishi’s leading-edge automation control platforms. The partnership will ensure Orbital continues to utilize optimum industry standard equipment for its product lines. Mitsubishi Electric, a global leader in automation products,

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Honeywell Modernizes Century-Old German Refinery with Innovative Service Model to Share Operational Responsibility

November 06, 2018 OFFENBACH, Germany, Nov. 6, 2018 /PRNewswire/ — One of the world’s oldest refineries has selected Honeywell (NYSE: HON) to help continue modernizing its operations under a service agreement that shares responsibility for running the site. Germany-based H&R Group will migrate the legacy control systems at its ChemPharm GmbH refinery in Salzbergen, Germany, to Honeywell’s newest controllers. The refinery

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Site selected for Aramco crude-to-chemicals complex

06 November, 2018 Saudi Aramco and SABIC have announced their selection of Yanbu, on the west coast of Saudi Arabia, as the site for the development of an integrated industrial complex to convert crude oil to chemicals (COTC). The COTC complex is expected to process 400,000 barrels per day of crude oil, which will produce approximately 9m tonnes of chemicals

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Oman refinery secures US$4.6bn financing

06 November, 2018 Duqm Refinery project, a planned development in Oman with an expected capacity of 230,000 barrels per day, has secured multi-source financing of US$4.6bn (£3.5bn). Owned by a joint venture between Kuwait Petroleum International and the Oman Oil Company, the project will be the first major cross-border refinery project in the Middle East. The new project will be

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W&T Offshore Announces Executive Management Changes

HOUSTON, Nov. 6, 2018 /PRNewswire/ — W&T Offshore, Inc. (NYSE: WTI) today announced certain executive management changes within the Company, effective immediately. The Company announced the appointment of Janet Yang to Executive Vice President and Chief Financial Officer, following her appointment as acting Chief Financial Officer in August 2018.  Ms. Yang will also assume the role of Principal Accounting Officer of

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New Economies and Advanced Technology are Driving Paradigm Shift in Global Energy Demand

06 November, 2018 SINGAPORE – November 6, 2018: The historic shift in energy use, from West to East, coupled with the rapid adoption of advanced technologies, are creating new challenges and opportunities for the global oil and gas industry as it changes gear to meet the growing energy demand from the high-growth economies of Asia, according to H.E. Dr. Sultan

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Seven Lakes Launches Joyn 2, the First Pump by Exception Mobile App for Oil and Gas Industry

Oilfield workers close last mile connectivity gap with Automated Resource Allocation, Intelligent Task Workflows and Integrated SCADA Data on one platform Westlake Village, CA | Nov 6, 2018 —Seven Lakes Technologies, Inc., a SaaS-based production and capital planning software provider for the upstream (E&P) oil and gas companies, today launched Joyn 2 – the first pump by exception mobile app

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Global Ministers and CEOs to Meet in Abu Dhabi at a Time of Unprecedented Change for Oil and Gas Industry

06 November, 2018 Abu Dhabi, UAE – 06 November 2018 – Government ministers from 18 countries and more than 80 leading oil and gas CEOs will meet in Abu Dhabi next week, as the 2018 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) commences amid a background of unprecedented change for the industry. Major challenges for industry decision-makers include an

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Steven W. Green Named President of Chevron North America Exploration and Production

Green succeeds Jeff Shellebarger who will retire after a 38-year career Nigel Hearne appointed president of Chevron Asia Pacific Exploration and Production SAN RAMON, Calif., Nov. 6, 2018 – Chevron Corporation (NYSE:CVX) today named Steven W. Green president of Chevron North America Exploration and Production, effective March 1, 2019. Green, 61, succeeds Jeff Shellebarger, who is retiring from Chevron after

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Colorado Petroleum Council Responds To The Defeat Of Proposition 112

Colorado Petroleum Council Executive Director Tracee Bentley thanks voters for standing up to defend livelihoods of 232,900 hard-working Coloradans DENVER, Colorado, November 6, 2018 – The Colorado Petroleum Council tonight expressed gratitude to voters across the state for voting to defeat Proposition 112, the natural gas and oil setbacks measure which would have effectively banned new production in Colorado, costing

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Israel Launches New Bid Round

06 November 2018 Topics: Offshore bid round gas Israel Israel will auction off 19 new offshore blocks in a second bid round to grant exploration licenses for natural gas and oil in Israel’s economic waters in the Eastern Mediterranean. The country held an initial bid round 2 years ago that granted 6 licenses, with drilling on some of these blocks

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