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ABB and HPE bring intelligence to industrial plants

Partnership to provide actionable insights across industrial plants, cloud and on-premises data centers for higher productivity and innovation ABB and Hewlett Packard Enterprise (HPE) today announced a strategic global partnership that combines ABB’s industry-leading digital offerings, ABB AbilityTM, with HPE’s innovative hybrid information technology (IT) solutions. The partnership will provide customers with solutions that generate actionable insights from vast amounts

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New London Plan Draft Published for Capital

The Greater London Authority has today released its draft Spatial Development Strategy for public consultation. London Mayor Sadiq Khan sets out an ambitious vision for the capital city to shape and develop the city over coming and future years to better benefit its communities as a whole, and the city itself in its capacity as England’s largest city and the

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OGC Calls for Sponsors for Augmented Reality Pilot Project

Joint OGC and W3C Pilot project will propose standards to unite Augmented Reality, Web, and Geospatial technologies. Augmented Reality (AR) content encoded in ARML 2.0 displayed in Wikitude, Layar and Junaio browsers respectively. (Image from Wikitude) The Open Geospatial Consortium (OGC), and the World Wide Web Consortium (W3C), together are calling for sponsors for an upcoming Augmented Reality (AR) Pilot

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DNV GL power grids expert Peter Vaessen inaugurated as professor at Technical University Delft

Professor Vaessen is taking up a part-time chair in the university’s renowned Faculty of Electrical Engineering, Mathematics and Computer Science DELFT, The Netherlands – 29 November 2017 – It is with pride that we announce that Peter Vaessen, Segment Director Future Transmission Grids at DNV GL, today gives his inaugural lecture as a professor of the Technical University of Delft (TU

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Wood and Saudi Aramco sign MoU supporting in-country opportunities

Wood has entered into a Memorandum of Understanding (MoU) with Saudi Aramco, signalling its continued commitment to creating and accelerating opportunities for local workforces in the Kingdom of Saudi Arabia. The MoU supports Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) initiative, which is part of the Kingdom’s Vision 2030 plan; focused on strengthening and diversifying the Saudi economy through the

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New WindGEMINI advances wind turbine operations

Software can be used to monitor any turbine, regardless of its make or model to increase production and assess turbine operating life ARNHEM, The Netherlands – 29 November 2017 – DNV GL, the world’s largest independent energy advisory and certification body, has launched WindGEMINI, its first online digital twin online tool giving wind farm owners and operators advanced insights into turbine

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ADNOC Celebrates 46th National Day at its Corporate Headquarters

Abu Dhabi, UAE – November 29, 2017: The Abu Dhabi National Oil Company (ADNOC) marked the UAE’s 46th National Day at its corporate headquarters today. The day-long celebration was attended by over 10,000 ADNOC employees, from across the organisation, and their families. The celebrations were preceded by the official launch of ADNOC’s National Day video, which focuses on the importance

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ExxonMobil to invest US$1bn in Antwerp refinery upgrade

US supermajor ExxonMobil is to invest more than US$1bn (£745m) to install a new delayed coker unit at its Antwerp refinery. The new unit will convert heavy, higher sulfur residual oils into transportation fuel products such as marine gasoil and diesel fuel, enhancing the refinery’s ability to help meet energy needs throughout north-west Europe and provide cleaner fuel sources.

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CNOOC Limited Announces Weizhou 12-2 Oil Field Phase II Project Commences Production

(Hong Kong, November 28, 2017) – CNOOC Limited (the “Company”, SEHK: 00883, NYSE: CEO, TSX: CNU) announced today the Weizhou 12-2 oil field phase II project has already commenced production. The Weizhou 12-2 oil field phase II project is located in Beibu Gulf in the South China Sea with an average water depth of approximately 35.7 meters. In addition to

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SPE Donates $10,000 to Victims of Mexico Earthquake

SPE received a letter from the American Red Cross confirming that the organization has received our $10,000 donation for victims of Mexico earthquakes on 7 and 19 September 2017 Over the past few months, SPE Mexico sections and student chapters have been busy collecting food, water, diapers, cleaning products, and much more as the country continues to rebuild. Thank you to all our sections and

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Esri Will Donate Software Licenses to URISA GISCorps Volunteers Who Pledge to Help Others

Redlands, California—Esri, the world leader in spatial analytics, today announced it will be donating personal use licenses of its ArcGIS software for each GISCorps volunteer who takes a GIS Service Pledge to volunteer for a good cause. GISCorps is a program of the Urban and Regional Information Systems Association (URISA) and has been providing a range of mapping and disaster

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The Market Awaits OPEC Decision

US crude oil stocks decreased by 3.4 MMBbl last week. Gasoline and distillate stocks increased by 3.6 MMBbl/d and 2.7 MMBbl/d respectively. Yesterday afternoon, API had reported a crude oil build of 1.8 MMBbl, alongside a gasoline withdrawal of 1.5 MMBbl and distillate build of 2.7 MMBbl. Analysts, on the contrary were expecting a crude withdrawal of 3.2 MMBbl. The most

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AVL Adds Multi-Disciplinary System Simulation Software to the Altair Partner Alliance AVL CRUISE™ M is now available for use by HyperWorks® customers

TROY, Mich. – November 29, 2017 – The Altair Partner Alliance (APA) is pleased to announce the addition of AVL CRUISE™ M to its current software offering of AVL FIRE™ M and AVL EXCITE™ Acoustics. AVL CRUISE™ M is a multi-disciplinary system simulation solution designed for model-based development using high quality real-time models from different domains (engine, flow, after-treatment, driveline,

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Petrofac named top EPC contractor by MEED

Petrofac has been named a top engineering, procurement and construction (EPC) contractor by MEED (formerly Middle East Economic Digest). It was tied for first place with Saipem and JGC Corporation in MEED’s annual survey of the value of EPC contract awards in the Middle East and North Africa (MENA) hydrocarbon sector. Each company was awarded US$1.9 billion of work on

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Hess Completes Sale of Interests in Equatorial Guinea

NEW YORK–(BUSINESS WIRE)–Nov. 28, 2017– Hess Corporation (NYSE: HES) announced today that it has completed the previously announced sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017. “Our 2017 asset monetizations have exceeded expectations in terms of value and timing,” CEO John Hesssaid. “These

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Brazil’s Presalt Libra Field Starts Producing Oil

Source: Petrobras Crude is flowing from the ultradeep Libra field in the Santos Basin presalt to the 50,000-B/D Pioneiro de Libra floating production, storage, and offloading (FPSO) vessel, 180 km off Rio de Janeiro, operator Petrobras reported. Launch of the early production system will enable the partnership to collect technical data, evaluate reservoir behavior, and expand knowledge of the deposit

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Shell announces cancellation of Scrip Dividend Programme from fourth quarter 2017

Royal Dutch Shell plc (“Shell” or the “Company”) announces the cancellation of its Scrip Dividend Programme (the “Programme”) with effect from the fourth quarter 2017 Interim Dividend. The cancellation means that the fourth quarter 2017 Interim Dividend and future dividends will be settled entirely in cash, rather than the Company offering a share-based alternative. As a result of the Programme

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Petrofac named top EPC contractor by MEED

Petrofac has been named a top engineering, procurement and construction (EPC) contractor by MEED (formerly Middle East Economic Digest). It was tied for first place with Saipem and JGC Corporation in MEED’s annual survey of the value of EPC contract awards in the Middle East and North Africa (MENA) hydrocarbon sector. Each company was awarded US$1.9 billion of work on

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