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News Article: Emerson’s Jim Nyquist on the IIoT “inflection point”

The combination of smart devices, secure networking, and advanced analytics is transforming the way manufacturers do business. ​​​​​​​ As Jim Nyquist, president of Emerson Automation Solutions’ Process Systems and Solutions business, told Texas CEO Magazine, the process industries are going through a real metamorphosis. He sees the day coming soon when the Industrial Internet of Things will bring safety, optimization, emissions control,

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KBR Joint Venture Awarded FEED Contract for Absheron Field in Azerbaijan

HOUSTON – November 22, 2017 – KBR, Inc. (NYSE: KBR) announced today that the SOCAR-KBR Limited Liability Company (SKLLC) joint venture has been awarded a Front-End Engineering Design (FEED) contract for the topsides of the Absheron Early Production Project. The platform will be located at SOCAR’s Oil Rocks facility and will deliver gas and condensate into the SOCAR network. This award

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Waitsia status rises to 90 million cubic feet per day

AWE’S Waitsia-4 well has produced the field’s highest flow rate to date and one of the highest ever recorded in onshore Australia at 90 million cubic feet per day. Helen Clark | 22 November 2017 | Last week RISC updated its independent review of Waitsia’s 2P gas reserves by a staggering 78% and AWE subsequently completed a successful $38 million

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New Complete Solution Simplifies Data Communication During Oil Loading

TCP-X-Unit enables advanced data communication even with legacy field devices International software and consulting company Implico today announced a new, more powerful tool enabling its customers to connect legacy field technology with the OpenTAS terminal management system. The new TCP-X-Unit is capable of simultaneously converting signals from three serial-linked field devices for OpenTAS. In addition, the solution represents yet another

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Four universities to join The Alan Turing Institute

We are delighted to announce that four universities – Leeds, Manchester, Newcastleand Queen Mary University of London – are set to join the Institute as university partners. They will join our founding universities of Cambridge, Edinburgh, Oxford, Warwick andUCL and will work with our growing network of partners in industry and government to advance the world-changing potential of data science.

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Eight energy companies commit to reduce methane emissions within natural gas industry

November 22 2017 – BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around the world. The energy companies also agreed to encourage others across the natural gas value chain – from production to the final consumer – to do the same. The commitment was made

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MacGregor receives an order from Summit LNG Terminal in Bangladesh for the project management, engineering and supply of a complete subsea mooring and riser system

CARGOTEC CORPORATION, PRESS RELEASE, 22 NOVEMBER 2017 AT 9:30 AM EST MacGregor, part of Cargotec, has signed an order for the fabrication, engineering and project management of a complete subsea mooring and riser system with the Bangladesh-based company, Summit LNG Terminal Co. The MacGregor system will serve Summit’s floating storage and regasification unit (FSRU). The order was booked into Cargotec’s

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Major Oil Company Extends Coreworx Interface Management Contract for Projects

Houston, Texas (November 22, 2017): Coreworx Inc. (“Coreworx”) announced today a major oil company has extended their contract to use Coreworx Interface Management to help manage risk on their projects. Coreworx Interface Management is currently being used on their $12 Billion project in West Africa. This project includes the construction of a new floating production, storage and offloading (FPSO) facility

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TCP-X-Unit enables advanced data communication even with legacy field devices

International software and consulting company Implico today announced a new, more powerful tool enabling its customers to connect legacy field technology with the OpenTAS terminal management system. The new TCP-X-Unit is capable of simultaneously converting signals from three serial-linked field devices for OpenTAS. In addition, the solution represents yet another step toward the Internet of Things as users are able

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Add Energy secures Well Management and Engineering work with Pura Vida Energy

Add Energy has joined forces with Havoc Partners LLC once more to aid the appraisal and subsequent development of an oil discovery offshore Gabon. Pura Vida Energy has contracted the technical experts to advance their readiness for drilling on the Loba discovery in the Nkembe Block located in offshore Gabon scheduled for mid-2018. The project will see Add Energy deliver

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Expro secures $5million/£3million well testing contract in UK North Sea

Leading international oilfield services company, Expro, has been awarded a five year contract extension for surface well testing services across several assets for an operator in the UK North Sea. The $5million/£3million contract includes the clean-up of existing wells and the testing of a series of newly drilled wells and is due to commence later this year. Commenting on the

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Tech Talk – Digital Solutions to Improve Production Efficiency

Improving production efficiency across the UKCS is a major focus for industry.  Production efficiency performance has been particularly poor in recent years, reaching a low point of 60% in 2012 and averaging at 71% in 2015ⁱ.  Combined with reduced oil prices, this has been damaging to economic outcomes at a company and basin-wise level.  Consequently, the drive has been to

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Momentum builds for UK/Norway joint technology hackathons

The Oil & Gas Authority (OGA) is gearing up for the UK/Norway joint technology hackathons which include seven major North Sea operators, with the first event at Aker Solutions in Aberdeen on Wednesday, 22 November. Interest has been high with around100 delegates already signed up for the innovative cross-border venture, which has been organised by Industry Technology Facilitator (ITF), Norwegian

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Noble Corporation plc to participate in the Jefferies 2017 Energy Conference

LONDON, Nov. 21, 2017 /PRNewswire/ — Noble Corporation plc (NYSE: NE) announced today that Bernie G. Wolford, Senior Vice President Operations, will participate in an industry discussion at the Jefferies 2017 Energy Conference in Houston, Texas on Wednesday, November 29, 2017, beginning at 9:10 a.m. U.S. Central Standard Time.  A live webcast will be available at the time of the

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Eni and FCA sign research agreement for joint projects to significantly reduce CO2 emissions produced by road transport vehicles

The agreement, which focuses on new technological applications for sustainable mobility, was signed at the Palazzo Chigi in Rome, in the presence of the Prime Minister, Paolo Gentiloni, by the chief executives of the two companies, Claudio Descalzi and Sergio Marchionne. Rome, 21 November 2017 – Today, at the Palazzo Chigi in Rome, in the presence of the Italian Prime

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Bill Barrett Corporation Announces Uinta Basin Asset Sale

DENVER, Nov. 20, 2017 /PRNewswire/ — Bill Barrett Corporation (the “Company”) (NYSE: BBG) announced today that it has entered into an agreement with unaffiliated third parties to sell its remaining non-core assets located in the Uinta Basin for cash proceeds of approximately $110 million. The transaction is expected to close on or before December 31, 2017, and is subject to customary

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Wintershall Deploys Emerson’s Advanced Downhole Wireless Integrity Monitoring System on Maria Field

Latest advances of Roxar Downhole Sensor System verifies well barriers and casings without production impact for improved well integrity and offshore safety STAVANGER, NORWAY (November 20, 2017) – Emerson’s latest Roxar Downhole Sensor System has been deployed on the Maria field offshore Norway, providing the field’s operator Wintershall with improved well integrity monitoring and offshore safety. The latest deployment of

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Ancala Midstream completes purchase of North Sea gas infrastructure

North Sea infrastructure investment company Ancala Midstream Acquisitions has completed its purchase of Apache’s interests in the Scottish Area Gas Evacuation (SAGE) system and the Beryl gas pipeline for an undisclosed sum. The company now owns 100% of SAGE North Sea Limited (SNSL) which holds Apache’s 30.28% share of SAGE and a 60.58% share of the Beryl pipeline. SNSL will

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Honeywell To Provide Cryogenic Gas Processing Plant To EagleClaw Midstream Ventures

DES PLAINES, Ill., Nov. 20, 2017 /PRNewswire/ — Honeywell (NYSE: HON)today announced that EagleClaw Midstream Ventures, LLC will use UOP Russell modular cryogenic equipment to process 200 million standard cubic feet per day of natural gas at its gas processing facility in the Permian Basin inReeves County, Texas. UOP Russell customized the gas processing plant for the West Texas location, including

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Saudi Aramco Sponsored and Participated in the 12th ASSE-MEC Professional Development Conference & Exhibition

Saudi Aramco participated as a strategic partner in the 12th Professional Development Conference & Exhibition, organized in coordination with the American Society of Safety Engineers – Middle East Chapter (ASSE – MEC) to discuss a number of subjects in safety, industrial security, and environmental protection from Nov. 19 – 23 under the patronage of HE Lt. Gen Sheikh Rashid bin

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