Otm Consulting News

 

GlobalData: M&A activity down despite Shell, BG deal

May 29, 2015

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…

Part II: The demand for standardization

May 12, 2015

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…

The demand for standardization

May 05, 2015

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 acquires Taurus

Apr 22, 2015

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 launches decommissioning study

Apr 08, 2015

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…

GCA opens central London office

Mar 12, 2015

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…

KBR announces restructure

Dec 12, 2014

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…

WellPartner acquired by Circle Group

Nov 28, 2014

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 launches reliability management consulting service

Oct 15, 2014

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…

Mexico's challenge to explorationists

Sep 15, 2014

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…

Integrating automation offshore

Aug 01, 2014

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…

Ikon Science acquires Terra Geotech

Jan 16, 2014

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 AG to join its geoconsultancy practice

Jan 16, 2014

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…

Asset integrity – a global perspective

Oct 11, 2013

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 buys Poseidon Consulting Services

May 24, 2013

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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