Mar 4, 2020 Claudio MakarovskyThe executive Claudio Makarovsky left Siemens and will take over the Manufacturing Industries division of Microsoft. In the new role, he will be responsible for the area that serves companies that seek digitalization, including oil and gas. Makarovsky had been with Siemens for five years. Currently, the executive occupied the position... Continue Reading →
Global E&C Acquires Magma
Oilfield engineering and construction company Global E&C has said it has acquired 100% share capital in commissioning specialists Magma. Global E&C was formed in March 2019, following the majority acquisition of Apollo by Global Energy Group (GEG) and the subsequent amalgamation of GEG’s brownfield EPC business with Apollo’s brownfield modifications engineering team. Continue reading
Ocean Infinity wraps up survey project in Angola for Total
Ocean Infinity, a marine robotics company, has completed its project with Total in Angola. The project was the first time that geophysical, geotechnical, and seismic data has been gathered at the same time, Ocean Infinity said in a statement on Wednesday. This was achieved through simultaneous operations of Ocean Infinity’s autonomous underwater vehicles (AUVs) with... Continue Reading →
PGS kicks off GeoStreamer X seismic survey in Brazil
Seismic services provider PGS is back in Brazil in 2020 with a Ramform Titan-class vessel to acquire the first GeoStreamer X MultiClient 3D seismic survey in the region. The Campos Deepwater GeoStreamer X project will deliver high-quality, long offset, multi-azimuth seismic data over the deepwater portion of northern Campos Basin and the first data will... Continue Reading →
Sandvik Wins Mero Steel Tube Umbilical Order
Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield. Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential. The Mero oilfield is being managed by the Libra Consortium, made up of a partnership between Petrobras, Total,... Continue Reading →
Wood to deliver engineering design for Chevron’s Gulf of Mexico project
Oilfield services company Wood is delivering a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico. The scope of the project included the preliminary, front end engineering and design (Pre-FEED), FEED and now entails detailed design of Anchor, a wet tree development that will employ a semi-submersible floating production unit... Continue Reading →
Ampelmann Wins Contract from SBM in Guyana
Dutch offshore service provider Ampelmann said it has added Guyana as a new market to its global portfolio following a contract award from compatriot floating production and mooring systems firm SBM Offshore. Ampelmann said it assisted the hook-up and commissioning of the SBM floating production, storage and offloading unit (FPSO) Liza Destiny, which came on stream for... Continue Reading →
FPSOs: The New Business Model
As New Year 2020 unfolds, there are 21 floating production, storage and offloading units (FPSO) on order, and unlike a year ago, these — and not floating liquefied natural gas (FLNG) — are the unheralded story. Driven by a decent price for oil, this buoyant market is kept strong by new players, new business models... Continue Reading →
Pipeline IMR: An All-seeing Eye
There are surveys, and then there are surveys. For survey-tech outfit, Ecotone, the business model is offering a faster, digital way to monitor the health of seabed environments and offshore infrastructure. There’s enough to do with Norway set to invest $4.89 billion in pipelines in 2020 to add to thousands of kilometers of pipe worldwide.... Continue Reading →
BW Offshore nearly triples quarterly profit
FPSO operator BW Offshore nearly tripled its quarterly profit despite negative impact of a $13 million charge due to termination of an FPSO charter in New Zealand. In the fourth quarter of 2019 BW Offshore recorded operating revenue of $303.4 million, an increase compared to revenues of $255.4 million in 4Q 2018. BW nearly tripled... Continue Reading →