Innovation was a key theme at the opening plenary at OTC Brasil 2013 this week. Renato Bertani, CEO of Barra Energia do Brasil and president of the World Petroleum Council discussed how innovation has changed the oil and gas industry for the better…
Accelerated Production Systems Inc. acquired Texas Systems & Controls, Inc., strengthening Accelerated’s capabilities in the design and manufacturing of well testing, artificial lift, pumping, and process and filtration equipment for their energy-industry customers…
GE Oil & Gas acquired Lufkin Industries in a deal valued at US$3.3billion. Lufkin manufactures and services artificial lift equipment through more than 110 service centers and nine manufacturing facilities. GE says automation is an integral…
North Caspian Operating Company (NCOC) began work to start production of Kashagan field in the Caspian Sea. The first phase will see production from eight wells on an artificial island complex. Wells, pipelines, and the Bolashak Onshore Processing facility have been completed…
Saudi Aramco Energy Ventures LLC (SAEV) closed on an equity investment in Zi-Lift AS, developer of through-tubing-deployed artificial lift systems using permanent magnet motors and transmissions. “Reliable and easily deployable artificial…
GE Oil & Gas has completed its acquisition of artificial lift technologies and industrial gears firm Lufkin Industries in a deal valued at US$3.3billion. Lufkin, with approximately 4,500 employees in more than 40 countries, manufactures…
A pioneering automated surveillance system developed by Zenith Oilfield Technology, a Lufkin company, has won the company’s third Queen’s Award for Enterprise. Zenith’s Z-Sight system scooped the top honour in the Innovation category…
Aberdeen-based innovative artificial lift company, Zilift Ltd, has appointed a business development manager to focus on global business opportunities and to help drive forward international growth plans. Allan Denholm is responsible for…
GE Oil & Gas 2013 Annual Meeting, in its 14th consecutive year, was attended by more than 1000 oil and gas industry executives from over 70 countries. Meg Chesshyre joined the multitude in Florence, Italy.Gorgon module loading at Avenza, ItalyAt the beginning of the two day event…
Dutch offshore lifting and drilling solutions provider Huisman has begun the landfill works for a 15,000m2 production facility in southern Brazil alongside the Itajai-Açu river in Navegantes, Santa Catarina state. It is expected to be operational in 2Q 2013…
Lufkin Industries has agreed to acquire Zenith Oilfield Technology. Zenith, based in Aberdeen, specializes in downhole data monitoring and analysis technology and related completion products for the oilfield artificial lift market (OE September 2011).
Statoil’s two UKCS heavy oil developments – Mariner in block 9/11a and Bressay in blocks 3/27b, 3/28a, 3/28b, 9/2a and 3/a – are back on track having been halted by the operator in March following the UK Chancellor’s decision to increase the…
Downhole gauges and ESP bypass systems are among the home-grown, leading edge offerings in the Zenith Oilfield Technology portfolio. Meg Chesshyre met up with managing director Greg Davie to find out what else the company has in the works.Based near Aberdeen…
Distributed temperature sensing data is now often the first port of call when identifying production issues, not the last resort as it had been prior to the adoption of the latest user-friendly data management packages. Tendeka's Garth Naldrett explains why…
Increased uncertainties about operating in ultra-deepwater typically result in over-designed production systems with resulting increased costs. Prasanna Parthasarathy and Kellin Nelson of MSi Kenny and Shell's Howard Littell discuss how high…
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