M-I Swaco,
Houston, has acquired Cyclotech, a Basingstoke, UK-based water treatment and produced sand management company. The deal, terms of which aren't disclosed, is intended to enhance M-I Swaco's production technologies line and is complementary to its EPCON business.
Cyclotech, formed in 1994, specializes in produced water treatment and produced sand management products and process debottlenecking of oil and gas production.
M-I Swaco, jointly owned 60% by Smith International Inc. and 40% by Schlumberger Ltd., is a leading provider of a wide range of products and engineering services designed to deliver drilling and environmental solutions and wellbore productivity and production technologies.
Schlumberger,
Paris, has announced an agreement with Rock Deformation Research Ltd. (RDR) to provide the RDR structural analysis module within the Petrel seismic-to-simulation workflow. It is the first Ocean partner plug-in to be released as a module with Petrel. The new RDR module enables comprehensive analysis of seal and trap. In addition to enhancing fault seal and structural analysis, the new module includes fault juxtaposition and property mapping capabilities, such as permeability prediction, clay mixing, and smearing algorithms. This module will be available for Petrel 2010 and will be exclusively sold and supported by Schlumberger Information Solutions.
RDR is a global leader in structural geology consultancy and research associated with deformation and fluid flow in the subsurface.
Schlumberger is the world's leading supplier of technology, integrated project management, and information solutions to the oil and gas industry worldwide.
Helmerich & Payne Inc.,
Tulsa, has announced that Juan Pablo Tardio will be promoted to vice-president and CFO effective April 30, 2010, upon the retirement of current Executive Vice-Pres. and CFO Douglas E. Fears. Tardio began his H&P career in 2001 and took responsibility for investor relations in 2005. He was promoted to director of investor relations in January 2008. Tardio has a BS in industrial engineering and an MBA from the University of Houston. Fears served nearly 24 years with H&P, starting with the company in 1986 as an internal auditor. In 1988, he was elected vice-president and CFO and was promoted to executive vice-president in 2008.
H&P is primarily a contract drilling company, with a fleet of 247 land rigs and 9 offshore platform rigs.
Transocean Ltd.,
Zug, Switzerland, has appointed Rob Saltiel executive vice-president and COO; he currently is executive vice-president, performance. Steven Newman, currently president and COO, will remain president until he takes over as CEO upon the retirement in early 2010 of current CEO Bob Long.
Transocean is the world's largest offshore drilling contractor and a leading provider of drilling management services worldwide.
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