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Swiss File First Charges in 'Car Wash' Probe

Oct 22, 2019

Switzerland has pressed charges against a person in a corruption probe of Brazilian state oil company Petrobras and construction firm Odebrecht, the attorney general's office said, adding it was seeking to conclude the case quickly.Prosecutors in Bern on Tuesday said they suspect the person…

Fugro Enters the South Korean Offshore Wind

Oct 22, 2019

Fugro said on Tuesday it has signed a Memorandum of Understanding (MOU) with Underwater Survey Technology 21 (UST21) in a move that opens up the South Korean offshore wind farm market.The agreement with UST21 will facilitate collaboration on marine projects in South Korean waters…

Halliburton Promises Cost Cuts

Oct 21, 2019

Halliburton Co on Monday promised more cost cuts after reporting a bigger-than-expected drop in quarterly revenue as the oilfield services looks to counter weak demand from North American shale producers, sending its shares up about 7%.The biggest hydraulic fracking services provider…

Bachmann, Stjernfeldt Join EVPE Board

Oct 21, 2019

EV Private Equity (EVPE) has appointed two new Advisory Board members, Bettina Bachmann and Carl Stjernfeldt, who bring decades of experience and venture capital knowledge to the firm.Bachmann spent 35 years at Shell, latterly as Vice President…

Eni CEO: No Future for Firms Working in Just O&G

Oct 18, 2019

There is no future for companies that work only in oil and gas in the medium- to long-term, the head of Italian major Eni said on Friday.'Diversification into renewable energy and the circular economy is crucial,' Claudio Descalzi told financial daily Il Sole 24 Ore in an interview…

Online Tool Helps Assess Drilling Safety

Oct 18, 2019

A newly created online assessment tool aims to help drilling employers reinforce the competency of roustabouts.Developed as part of the OPITO Skills Screening online tool, a comprehensive question bank has been created by the International Association…

Baker Hughes Finalizes Name Change

Oct 17, 2019

Baker Hughes has officially dropped GE from its name after the industrial conglomerate shed majority ownership in the oilfield services company in September.Formerly Baker Hughes, a GE company, the firm will now be known as Baker Hughes, and…

Balmoral Scoops Three Awards

Oct 17, 2019

Aberdeen-based deepwater specialist Balmoral announced it has won three industry awards in recent weeks.Earlier this month, the company picked up two prizes at the Energy Industries Council (EIC) national awards in the ‘Service and Solutions’ and ‘Collaboration’ categories…

Industry Shares North Sea Data with Scientists

Oct 16, 2019

The offshore industries and researchers are sharing industry-acquired ecological data as part of a program increase understanding of the influence of manmade structures on the ecosystem of the North Sea.The INSITE Program has attracted recognition and support from industry…

Wood Names Cox as Americas CEO

Oct 16, 2019

Energy services company Wood said Stephanie Cox  will take over as CEO of its Americas business, succeeding Andrew Stewart who has been appointed executive president of strategy and development for the global business.Responsible for the firm’s…

TÜV SÜD NEL Opens Advanced Multiphase Facility

Oct 15, 2019

Flow measurement research and development (R&D) specialist TÜV SÜD National Engineering Laboratory announced it has opened a £16 million ($20.5 million) Advanced Multiphase Facility (AMF), which aims to help global oil and gas operators to ensure production remains economically viable…

Sinomine Wins Equinor Contract

Oct 14, 2019

Sinomine Specialty Fluids (formerly Cabot Specialty Fluids) said it has signed a framework agreement with Equinor for supply of cesium drilling and completion fluids to the company’s operations on the Norwegian Continental Shelf. The contract…

Santos Acquires ConocoPhillips’ Northern Australia Interests

Oct 14, 2019

Santos announced it has acquired ConocoPhillips’ northern Australia business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon for US$1.39 billion plus a $75 million contingent payment subject to FID on Barossa.Matt Fox…

BP Spurs $10 Bln Divestment Target

Oct 11, 2019

BP will take charges of $2 to $3 billion in the third quarter, the British energy firm said on Friday, as it looks to reach divestments worth $10 billion by the end of 2019, a year ahead of schedule.In a statement, London-based BP said it expects…

Tekmar Acquires Pipeshield

Oct 10, 2019

Tekmar Group, a provider of subsea protection systems technologies, said it has signed a sale and purchase agreement for the acquisition of subsea concrete mattresses provider Pipeshield International from its founder Steven Howlett. The deal…

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Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

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