Risk Management News

 

IRM Systems opens Houston office

May 22, 2015

Pipeline repair company IRM Systems opened a new base of operations in Houston, Texas. Rutger Schouten, general manager of IRM Systems said: “The implications of this development are tremendous, bringing with them the need for a new perspective on pipeline inspection…

OTC15: DNV GL wins FMC 20k JIP

May 04, 2015

FMC Technologies awarded DNV GL to perform independent third party verification of a high pressure, high temperature (HPHT) subsea completion, production and work-over system. Subsea illustration…

ADIL picks up Centrica risk management contract

Jan 08, 2015

Independent energy consultancy ADIL has been awarded a contract to deliver a new web-based system to Centrica Energy that will allow the operator to manage operational risk and improve transparency across its North Sea assets. The deal…

ME: Aging assets add to growth

Nov 09, 2014

Aging assets and a push to develop more offshore assets is helping to make the Middle East a growth area and push research into CO2 injection for enhanced oil recovery, according to Prajeev Rasiah, regional manager, Middle East & India, DNV GL – Oil & Gas (pictured)…

Weatherford adds RokDoc software

Sep 24, 2014

Weatherford International licensed the Ikon Science RokDoc RT software system to support its global rig-based real-time pore pressure specialists team.  The RokDoc RT system provides critical modelling tools that allow the pore pressure specialists…

Wild Well announces Asia Pacific expansion

Aug 19, 2014

Stennes, Haustead. Images from Wild Well. Wayne Stennes and Christian Haustead join Wild Well Control, Inc. to further increase the company’s service offerings and presence in the Asia Pacific region…

Aker/DNV GL ink frame agreement

Aug 12, 2014

Aker Solutions has awarded DNV GL a global frame agreement to pave the way for better technology collaboration, more efficient project execution and considerable cost savings. The frame agreement covers the following business segments:  Subsea…

Safety, security: Know risks, learn priorities

Jul 07, 2014

Look at the risks and learn the priorities. In the manufacturing automation arena, that line could apply to the safety environment or in a security scenario. Users have to look at risks and understand the priorities in what you have to protect – and the catch is there is no room for error…

Wood Group/Siemens JV sealed

May 07, 2014

Wood Group and Siemens Energy Service have received all the necessary regulatory approvals to close the previously announced joint venture between the Gas Turbine Services (GTS) business of Wood Group and the Siemens Energy Service TurboCare business unit…

Getting risk management right

Mar 27, 2014

Getting offshore risk management wrong can prove disastrous, but how easy is it to get it right?  Insurance professional Robert Armstrong is hoping to demystify some of the issues in a talk organised by Aberdeen’s SPE Young Professionals on 2 April…

Cable laying under focus

Mar 07, 2014

Xodus Group, Cathie Associates, and UTEC Geomarine have formed a consortium which will aim to reduce the costs of generating electricity from offshore wind farms in UK waters. The Carbon Trust’s Offshore Wind Accelerator (OWA), which brings together nine offshore wind developers (DONG Energy…

Safetec unveils new competence center in Bergen, Norway

Jan 16, 2014

Safetec, part of the ABS Group, recently opened a new Competence Center in Bergen, Norway, to provide education and training for industry-focused organizations. According to the company, the center’s specialized training courses will be based…

Managing frontier risks

Dec 03, 2013

Strategic decision-making in the boardroom is vital for those operating on the new frontiers, a new report says. Elaine Maslin reports. “A single event can transform the fortunes of an entire industry,” warns a recent report on frontier hydrocarbon exploration…

DNV GL Group formed after merger of with DNV and GL Noble Denton

Oct 17, 2013

A new company, DNV GL Group, has been formed following the merger of DNV and GL Noble Denton. DNV GL Group is now a major ship and offshore classification society, providing technical assurance and risk management services to the oil and gas industry and expertise in wind…

Subsea 7 post record backlog

Aug 14, 2013

Subsea 7 has posted a record backlog of US$10.4 billion for Q2 2013, with tendering continuing to be high into Q3. But profits were hit by a US$300 million loss provision on the Guará-Lula NE project, offshore Brazil. Jean Cahuzac…

Current News

Shell Smashes Forecasts With $7.7 Billion Quarterly Profit

Shell Smashes Forecasts With $

Chouest Expands Subsea Capabilities with ROVOP Acquisition

Chouest Expands Subsea Capabil

Subsea7 and Equinor Strengthen Collaboration, Agreeing Work on Two Fields

Subsea7 and Equinor Strengthen

CIP Bags Two Licenses for 4.4GW Offshore Wind Farms in Australia

CIP Bags Two Licenses for 4.4G

Subscribe for OE Digital E‑News

Offshore Engineer Magazine