Services/Suppliers

June 8, 2009

Noble Denton,

Reid
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London, has named Graeme Reid regional managing director, UK and Kazakhstan. He will be responsible for focusing on growth in the UK and Kazakhstan region. Reid started his career with Arjo Wiggins in Aberdeen before joining ABB Ltd. in 1995 as a field engineer in the city, where he rose to the position of account manager for the UK marine business. More recently, he was operations director with Poseidon Maritime (UK) Ltd. (PML), in charge of strengthening the company’s marine, engineering, and security areas worldwide. PML was acquired by Noble Denton in 2007.

Noble Denton is a provider of life cycle marine and offshore engineering services to the oil and gas, marine, and renewables industries. The company is wholly owned by Germanischer Lloyd.

SBM Offshore NV,

Schiedam, the Netherlands, has announced that Malaysian state oil company Petronas Caligari intends to exercise its purchase option over the Oguzhan mobile offshore production unit/floating storage and offloading facility currently operating off Turkmenistan. The expected transaction date is June 18, 2009. The purchase option is expected to generate nonrecurring turnover of $51.5 million and a post-tax profit of $30 million. A short contract extension from the May 23 expiration of the existing lease contract to the purchase date will also be executed.

SBM Offshore provides engineering, supply, and offshore installation of single-point mooring systems for offshore loading and unloading of vessels or the permanent mooring of offshore oil production and/or storage vessels, as well as the turnkey supply of complete floating facilities for the production, storage, and export of crude oil and gas.

CygNet Software,

San Luis Obispo, Calif., has appointed Tom Ordes director, pipeline market. He has 28 years of experience in the oil and gas enterprise automation market. He will lead CygNet’s initiative with the pipeline industry task force. Previously, Ordes worked for Telvent, where he was a director on the sales team with major client responsibility for sales and business development activity. Prior to that, Ordes served as general manager at Teledyne Brown Engineering Control Applications, senior vice-president of GSE Systems, and in a variety of management positions at Teledyne Control Applications, EMC/Rexnord/Texas Instruments, and Tano Corp. He has a bachelor’s degree in science/electrical engineering from the University of New Orleans.

CygNet Software offers a new generation of enterprise operations software and solutions to the oil and gas production and gas transportation industries.