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CGG SUPPORTS E&P DIGITALIZATION WITH SMART DATA SOLUTIONS

Paris, France – January 16, 2018 CGG has repositioned its Data Management Services business as Smart Data Solutions after extending its E&P data optimization portfolio to deliver global digitalization solutions. Smart Data Solutions has rapidly expanded its offerings and investments, and is now actively engaged in projects that address the digital transformation programs of its global oil and gas industry customers,

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DNV GL launches new JDP to test biodegradable lubricants

Classification society DNV GL has launched a new joint development project (JDP) in cooperation with marine insurers The Swedish Club, Norwegian Hull Club, Gard and Skuld to test the potential influence of Environmentally Acceptable Lubricants (EALs) on failures in stern tube bearings. DNV GL will oversee detailed laboratory testing of EALs by Leonardo Testing Services Ltd. at the University of

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Katalyst Data Management to Exhibit at the 2018 NAPE Summit Expo in Houston

We are looking forward to exhibiting at the annual NAPE Summit Expo at the George R. Brown Convention Center in Houston on February 7-9, 2018.  At Katalyst booth 2935, we will have demonstrations to showcase the latest surveys on our SeismicZone e-brokerage marketplace, a great resource for marketing and purchasing prospect data. In addition, visitors can view the enhancements for

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Seeq Releases R19, Gains Recognition by Leading Analyst Firms

New scalability and ease of use features accelerate process manufacturing insights. Darcy Partners and CB Insights include Seeq in Advanced Analytics reports. SEATTLE, January 16, 2018 – Seeq Corporation announces the release of its first update to the Seeq software application in 2018, staying on plan to provide four new releases each year. This is the eighth release of Seeq

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Deepwater Horizon claims facility approaches closure; BP to take $1.7 billion post-tax non-operating charge

Date: 16 January 2018 Charge covered within existing financial framework The Court Supervised Settlement Program (CSSP) established as part of the Deepwater Horizon (DWH) class action settlement is winding down. BP now expects to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter 2017 results for the remaining Business Economic Loss (BEL) and other claims associated with the CSSP. The cash impact

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Nabors Announces Offering of Senior Unsecured Notes

Company Release – 1/16/2018 7:06 AM ET HAMILTON, Bermuda, Jan. 16, 2018 /PRNewswire/ — Nabors Industries Ltd. (NYSE:NBR) (“Nabors”) announced today that its wholly owned subsidiary, Nabors Industries, Inc. (“NII”), has commenced an offering of senior unsecured notes due 2025 (the “notes”). The notes will be fully and unconditionally guaranteed by Nabors. Nabors intends to use the net proceeds from this offering to

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KBR Joint Venture Wins Two FEED Contracts from Azerbaijan International Oil Company for Azeri Central East Project

Wire Release​ HOUSTON – (January 16, 2018) – KBR, Inc. (NYSE: KBR) announced today that its joint venture with SOCAR has been awarded two separate Front-End Engineering Design (FEED) contracts for a new Production, Drilling, Quarters (PDQ) platform – the Azeri Central East (ACE) platform – to be located in the Azeri-Chirag-Gunashli (ACG) field in the Azerbaijan sector of the

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IOGP appoints François-Régis Mouton as new Director for Europe

London, 16 January, 2018:  The International Association of Oil & Gas producers (IOGP) has appointed François-Régis Mouton as the Association’s new EU Affairs Director, based in Brussels.  He succeeds Roland Festor, who has retired after almost five years with the Association. François-Régis joins IOGP’s secretariat with 30 years of international experience in the oil & gas industry. He comes to

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CGG PROVIDES FULL YEAR 2017 TRADING UPDATE

Paris, France – January 16, 2018 Full-Year 2017 CGG Group Revenue was up 10% year-on-year, standing at $1,320 million compared to $1,196 million in 2016. Group Q4 revenue stood at $400 million, compared to $328 million in Q4 2016, as a combination of GGR at $256 million, Equipment at $116 million, Contractual Data Acquisition at $40 million and Elimination at

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Safety Kaizens are key for WVC USA

Weir Valves & Controls USA establishes a Safety Kaizen Program designed to drive improvement 16 January 2018 Share this article Weir Valves & Controls USA Inc. (WVC USA) is proud of their current safety record, but that doesn’t stop the team from constantly looking for areas of improvement. The company based in Ipswich, MA, USA have always had a safety-centric

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TGS announces three new onshore seismic projects in North America

16 January 2018OSE ASKER, NORWAY (16 January 2018) – TGS announces three new onshore seismic projects; Sanderson, West Hackberry and Dawson in prolific North American basins. The West Hackberry 3D multi-client seismic survey is located north of TGS’ Loyal 3D Complex in the Anadarko Basin. This new project will encompass 777 km2 predominantly in Garfield County in the state of Oklahoma. 

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Transocean Ltd. provides update on extraordinary general meeting

January 16, 2018 STEINHAUSEN, Switzerland, Jan. 16, 2018 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE:RIG) announced today that it commenced its previously scheduled extraordinary meeting of shareholders (“EGM”) to approve proposals related to the acquisition of Songa Offshore SE. The EGM is continuing to allow for the tabulation of votes required to meet a quorum. Transocean shareholders have shown overwhelming support

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RPSEA Releases Oil & Gas Technology Roadmap

RPSEA Releases Oil & Gas Technology Roadmap Plan Outlines Challenges and Research Need for U.S. Industry for the Next Decade January 16, 2018 Houston, TX – RPSEA has released its Technology Roadmap, a plan that outlines the challenges and research needs of the U.S. onshore and offshore oil and gas industry for the coming decade. It takes advantage of RPSEA’s

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Shell’s Penguins Redevelopment a Step Forward in North Sea Revival

Matt Zborowski, Technology Writer | 16 January 2018  Topics: Offshore Projects, facilities & construction Topsides/floating production systems Shell has selected the Sevan 400 FPSO concept for redevelopment of Penguins field. The new circular unit will mirror the Western Isles FPSO deployed by Dana Petroleum in the northern North Sea. Source: Dana Petroleum. UKCS FPSO North Sea Shell Royal Dutch Shell

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NM Group project to deliver new up-rating for UK DNO

NM Group project to deliver new up-rating for UK DNO Posted January 15 2018 We are pleased working with an existing UK distribution client on a further engineering project to increase transfer capacity. Through the collection of LiDAR and imagery we will complete a detailed PLS-CADD modelling project; providing the basis for the engineering study. The model will establish conductor

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Saudi Aramco Showcases Innovative Technologies and Initiatives at ADSW 2018

DHAHRAN, January 15, 2018 Saudi Aramco, alongside other 13 Saudi entities, is participating in Abu Dhabi Sustainability Week 2018 in the UAE on January 13 – 20, 2018. The Saudi participation in the event is led by the Ministry of Energy, Industry, and Mineral Resources, where high-profile Saudi organizations are showcasing sustainability-related initiatives and technologies at the Saudi Pavilion. Abdulkarim

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LMKR continues its digital transformation with the launch of GVERSE GO, a pay per use subscription program for instant access to latest software

Houston, USA – January 15th, 2018 – LMKR announced the launch of the GVERSE GO, a pay per use subscription program that allows instant access to LMKR’s software while paying only for what you use. Built to increase agility and reduce IT complexity, GVERSE GO prepaid subscription program gives you complete control and transparency of usage. “Building on the leadership

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Atos recognized as a global Leader in IoT Services by Everest Group

Paris, January 15 2018 Atos, a global leader in digital transformation, today announces it has been named a global Leader by Everest Group in its latest report: IoT Services PEAK Matrix™ Assessment and Market Trends 2017: Have You Taken the Plunge in IoT Yet?[i]. The report assesses the relative capabilities of 18 global IT service providers offering IoT Services. Atos’

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Petrobras And Total Complete The Transfer Of Rights In The Lapa And Iara Concessions, As Part Of Their Strategic Alliance

2018/01/15 Rio de Janeiro – Petrobras and Total announce today that they have finalized a decisive milestone in the realization of their Strategic Alliance, signed in March 2017, with the completion of the following transactions: Transfer from Petrobras to Total of 35% of the rights, as well as the operatorship, of the Lapa field in Block BM-S-9A in the Santos

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