Expro,
Expro is a market leader in providing services and products that measure, improve, control, and process flow from high-value oil and gas wells.
SGS SA, Geneva,
and Halliburton have entered into a joint cooperation agreement combining formation fluid sample acquisition and analysis services. Halliburton will provide a comprehensive suite of solutions for acquiring fluid samples, and SGS's oil, gas, and chemicals division will deliver a full range of fluid analysis services. Halliburton and SGS are currently providing the joint fluid sample collection and analysis service to a client off Africa, helping the operator make critical decisions about production facilities design faster and with greater confidence.
SGS is a global leader and innovator in inspection, verification, testing, and certification services.
Halliburton is one of the world's largest providers of products and services to the upstream oil and gas industry throughout the life cycle of the reservoir.
Siemens Netherlands,
part of Siemens Energy, Erlangen, Germany, and GustoMSC, a subsidiary of the Dutch company SBM Offshore, have signed a strategic partnership for the use of electric-powered rack and pinion systems for jack up units in the offshore oil and gas industry. The variable-speed-driven rack and pinion systems for jack ups developed jointly by GustoMSC and Siemens Netherlands are used to lift drilling vessels and offshore platforms above sea level at their work location, making them impervious to waves. Two such systems are currently in use on two North Sea platforms, and the companies have booked 13 additional orders. GustoMSC and Siemens also foresee good opportunities for using the electric-powered jacking system on wind turbine installation vessels for installing offshore wind farms.
Siemens Energy is a leading supplier of a complete spectrum of products, services, and solutions for the extraction, conversion, and transport of oil and gas and for the generation, transmission, and distribution of power.
ANSYS Inc.,
Southpointe, Pa., has named Joshua Fredberg vice-president of marketing. Before joining ANSYS, Fredberg was senior vice-president of product and market strategy at Parametric Technology Corporation (PTC), where he worked on industry strategy, marketing, and business development. Prior to joining PTC, he held leadership roles with both ARIBA and Andersen Consulting Strategic Services. Fredberg has a BS in electrical engineering from Tufts University, an MS in systems engineering from the University of Pennsylvania, and an MBA in finance from the Wharton School.
ANSYS develops and globally markets engineering simulation software and technologies widely used by engineers and designers across a broad spectrum of industries, including the oil and gas and petrochemical industries.
Honeywell International,
Morris Township, NJ, has acquired rights to technology developed by Shell Global Solutions for gathering process plant field data and helping industrial plants to safely increase production while reducing maintenance and operating costs. The operational and technical task for efficient rounds (OTTER) technology is currently used at more than 25 plant sites to help guide field operators as they execute key field surveillance tasks that keep assets running within safe operating limits and at optimum performance. It also delivers best practices to all field operators, provides decision support capabilities, improves regulatory reporting, and facilitates communication between groups to address problems immediately. Honeywell Process Solutions will integrate the OTTER technology in its operational excellence solutions to provide operations teams complete sets of relevant data for all production assets.
Honeywell Process Solutions is part of Honeywell's Automation and Control Solutions group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings, and industry.
Intergraph,
Huntsville, Ala., and Skire, Menlo Park, Calif., have formed a strategic partnership to enable engineering, procurement, and construction companies and operators to integrate their engineering enterprise with project management and enterprise accounting systems for comprehensive project financial visibility. As part of this strategic initiative, Intergraph is now the exclusive distributor of Skire's Unifier project management solution software in the US and Canadian process, power, and marine markets. Intergraph will begin working with clients to identify key opportunities where they can use Unifier and where they can better integrate Unifier within the engineering enterprise.
Intergraph is a leading global provider of enterprise engineering and geospatial software for the design, construction, and operation of plants, ships, and offshore facilities.
Skire is a leading provider of capital program, facilities, real estate, and project portfolio management software solutions.
RigNet Inc.,
Houston, has appointed three executives to key positions. The company named Joe Conboy vice-president, global sales. He brings over 15 years of industry experience, including progressive business development roles with increasing responsibility at Stratos Global Corp. and Seven Seas Communications. Most recently at Stratos, he served as senior director, US and Latin America, and as senior director for mobile satellite and broadband. Conboy has a BS in finance and international economics from Boston University and a JD from State University of New York. RigNet also appointed Molly McGuirk to the position of director, product management. She brings over 21 years of business experience, including staff and general management roles at United Technologies' UTC Fire & Security and IKON Office Solutions. Most recently at UTC Fire & Security, she served as general manager for the electronic and physical security firm Redhawk. McGuirk has a BS in accounting and psychology from the University of Oregon, an MBA from Marylhurst University, and is a graduate of United Technologies' Emerging Leaders Program at the University of Virginia's Darden Graduate School of Business. In addition, RigNet named Barise Hatfield director, global human resources. She brings over 14 years of HR experience, including stints at Huntsman International, Enbridge Energy Co., and Air Liquide America. Most recently at Huntsman, she served as global mobility advisor responsible for expatriate workers. Hatfield has a BBA in management and marketing from the University of Houston and an MBA from Letourneau University.
RigNet, Inc. is a leading global provider of managed communication services exclusively to the oil and gas industry.
Boots & Coots Inc.,
Houston, has been awarded a new secure and salvage project under its Safeguard contract with the Oil & Natural Gas Corporation of India (ONGC). The operation consists of recovering a subsea BOP stack in about 740 feet of water under 6,000 psi of pressure. Boots & Coots was mobilizing for this project around mid-January with 55 days to reach the job location, giving the project a projected start date of March. In April 2009, the BOP stack settled onto the seabed after it was unlatched from a well that was killed in India's eastern offshore after anchors separated from the Sagar Vijay drilling rig during pressure tests. In 2008 Boots & Coots completed a similar secure and salvage project for ONGC. The 5-year Safeguard contract under which these projects have been awarded is for training, inspection, and blowout control for ONGC's 28 offshore rigs and 94 land rigs. The contract also allows Boots & Coots to work on special projects for ONGC, both in and outside India.
Boots & Coots provides a suite of integrated pressure control services to onshore and offshore oil and gas exploration companies around the world.
Seismic Micro Technology (SMT),
Houston; JewelSuite, Delft, The Netherlands; and Computer Modeling Group Ltd. (CMG), Calgary, have announced the launch of the Seismic to Simulation (STS) Alliance. The STS Alliance integrates best-of-breed technologies encompassing all three components of the prospect evaluation workflow: interpretation, modeling, and simulation. SMT offers its KINGDOM Illuminator technology to improve seismic interpretation speed and accuracy. JewelSuite delivers its JewelGrid faulted S-grid modeling approach that overcomes the technical issues that arise from existing "first generation" gridding approaches. CMG provides high-performance simulation for all reservoir types, including conventional oil and gas and heavy oil.
SMT's software enables intuitive interpretation, 3D modeling, analysis, and data management in one integrated executable.
CMG is a leading supplier of advanced processes reservoir modeling software.
JewelSuite is part of JOA Oil & Gas BV, a Windows only-based software development company that leverages its patented gridding technology to build reservoir models cost-effectively.
GE Oil & Gas,
Florence, Italy, and Al Shaheen Energy Services, a wholly owned subsidiary of Qatar Petroleum established to develop partnerships in the oil and gas and energy industries, have signed two partnership agreements. Under the first agreement Al Shaheen becomes a 50% strategic joint venture partner in PII Pipeline Solutions. GE Oil & Gas will maintain operational control of the business. GE Oil & Gas and Al Shaheen have also signed a 50:50 JV agreement to perform aftermarket services for the GE Oil & Gas installed fleet in Qatar. It will provide an enlarged range of turbine, compressor, and related auxiliary equipment services. The JV will help Qatar achieve increased oil and gas capacity by providing the most advanced technologies for the inspection, maintenance, and repair needs of the local oil and gas industry. The broader application expertise available will include LNG and pipeline, gasification and storage, and refinery and petrochemicals.
GE Oil & Gas is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining, and petrochemicals.
Helmerich & Payne Inc.,
Tulsa, has announced that it expects its second fiscal quarter of 2010 to be impacted by Venezuela's currency devaluation. The company's preliminary estimates regarding the impact of this devaluation on its consolidated financials indicate that it will probably result in an exchange loss of about $20 million to be recorded in the second fiscal quarter ending Mar. 31, 2010. Not included in this estimate is the decline in value of uncollected invoices issued since the company changed its revenue recognition to cash basis for its Venezuelan operation. H&P has not received any payments since its fiscal yearend earnings report on Nov. 19, 2009. All 11 H&P rigs that formerly worked for Petroleos de Venezuela SA remain idle.
H&P is primarily a contract drilling company.
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