While Shell’s agreement to acquire BG Group for US$69.9 billion is the largest mega deal since Exxon and Mobil merged in 1998, the underlying market is slow, according to research and consulting firm GlobalData. The company’s latest monthly…
In the second installment of a two part series, Elaine Maslin takes a look at what all the clamor about standardization is, what the industry is planning to do about it and what the results have been to date. Image from DNV GL…
In the first installment of a two part series, Elaine Maslin takes a look at what all the clamor is about on standardization, what the industry is planning to do about it and what the results have been to date. Image from Statoil…
CGG's GeoConsulting business has acquired Calgary-based Taurus Reservoir Solutions. Taurus offers reservoir and geomechanical simulation and engineering technology along with consulting services to the global petroleum industry, from…
ABB Consulting launched a major study on behalf of Decom North Sea (DNS) and Zero Waste Scotland (ZWS) to look into ways of reducing the cost of decommissioning. Image from DNS. The…
Gaffney, Cline & Associates (GCA) opened a new office location in central London to complement its existing UK base in Bentley, Hampshire and international locations in Houston and Singapore. Michael Cline, GCA principal – business strategy and legal counsel will lead the new office…
Less than one year into his tenure as the President and CEO of KBR, Stuart Bradie will spend up to US$1 billion to streamline and reorganize the energy engineering and construction giant following the results of a strategic review he initiated in June…
Newly formed Circle Group has acquired Stavanger WellPartner, an equipment and services company servicing the Norwegian subsea, completion and intervention markets. The deal is Circle Group’s first acquisition and the foundation for the Well Service division…
Emerson Process Management created a new global reliability management consulting practice to provide guidance on managing maintenance costs. The company says the catalyst for the new service was the 5-7% of unplanned downtime losses due…
Consulting petroleum geologist Colin Stabler spoke to a full house at the Houston Geological Society's General Dinner on 15 September 2014, presenting 'Mexico's Challenge to Explorationists.' Stabler has worked Mexican subsurface geology since 1966…
As a part of creating production, here is a subsea production tree that mounts at the well head. Source: FMC Technologies Peter Welander examines how the challenges of networking disparate elements are intense…
Geoprediction firm Ikon Science acquired the software, services and intellectual property of Bergen, Norway, headquartered Terra Geotech AS. Eamonn Doyle, the founder of Terra Geotech, has joined Ikon as the VP, real-time operations, bringing…
Fugro’s wholly-acquired Advanced Geomechanics Pty Ltd. (AG) will become part of its global geoconsultancy practice.The nearly 20-year-old, Perth- based AG provides geotechnical and geophysical engineering and consulting services, and partnered with companies including Woodside…
Atkins’ Ramsay Fraser looks at offshore asset integrity assessment techniques and how acceptance criteria depend on geographic region. Evaluation of the integrity of an offshore structure is one of the four key functions of an integrity…
IKM Consultants has taken over Poseidon Consulting Services (PCS) after buying 100% of its shares from Siemens in Norway. Poseidon, which mainly focusses on subsea and pipeline work, has about 150 staff, which will be taken in to IKM's business…
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