Hess, Marathon Oil and Anadarko to Attend Major Upstream Data Analytics Talks

The upstream industry is at a critical juncture. Downward pressures on oil prices are leading to investment cuts in digital oilfield projects. But the current environment can provide a perfect breeding ground for innovation. In the current oil price environment, it is more important than ever to ensure every well and field is operating to its most efficient capacity.

For this reason, the oilfield analytics market continues to drive forward. It is estimated that in 2015, the Digital Oilfield services market will continue to grow by 40% – to more than $3.18 billion. And 50% of O&G companies will have advanced analytics capabilities in place by 2016. Read more…

Annual results 2014: HUBER+SUHNER reports further growth and increased earnings

Double-digit growth in order intake – organic growth in net sales in the target area – sharp rise in net income – still rock-solid balance sheet – successful acquisition of Cube Optics.

In 2014, HUBER+SUHNER achieved a 4 % increase in net sales and a significant increase of over 12 % in order intake. Organic growth, i.e., adjusted for exchange rates, copper prices and the acquisition of Cube Optics AG, was actually higher at 4.9 %. The operating profit grew by more than 30 % to CHF 69 million. The EBIT margin of 9.2 % thus exceeded the target range of 6-9 %. The rise in net income (CHF 59.2 million) was even more striking, soaring to an increase of over 80 % on the previous year. With the acquisition of Cube Optics in Mainz, HUBER+SUHNER also further expanded its successful position in Fiber Optics. Read more…

Reduce operating costs, decrease downtime & increase productivity

RUD have been producing and protecting tyres with their innovative Tyre Protection Chains for over 70 years, easily earning their status as a leading manufacturer and supplier in the industry.

RUD’s tyre protection chains use case hardened alloy chains linked in patented designs to provide a high level of tyre protection and traction qualities. Their chains offer three wear levels to provide a greater wear resistance, sharp edges on the outer surface to increase traction and multiple link designs to suit a wide range of aggressive and low traction surfaces. The designs and benefits vary to each project and specific requirements. Read more…

HUBER+SUHNER shines the spotlight on the future of high density fiber in data centers at Data Centre World

HUBER+SUHNER showcases new MTP connectors, cables and fiber management solutions for rocketing data rates and highlights the need to mitigate human error in high gig data center environments

Global connectivity supplier HUBER+SUHNER is rocking the world of data centre connectivity with its high performance “fast, flexible and future-proofed” cables and connectors designed for high gig data rates. The company will use this week’s Data Centre World event to showcase its optical cabling solutions for a range of applications including 12- and 24-fiber MPO connectivity for 40G and 100G data rates. Also on display will be HUBER+SUHNER’s range of fiber management and containment solutions for the data center. In addition HUBER+SUHNER’s Data Center Market Manager, Phil Ward, will give presentations on the future of data center connectivity and the importance of mitigating human error in data centers. Read more…

Claxton awarded new centralizer contact for Statoil’s Gina Krog Development, offshore Norway

Claxton, an Acteon company, has been awarded a contract with Statoil to supply conductor and internal centralizers to a minimum of 14 wells on the Gina Krog development, offshore Norway. The contract was finalised in December 2014, and first delivery is scheduled for March 2015. Claxton is responsible for the design, fabrication, testing and installation of the units.

Vegard Dale, business development manager, Claxton, said, “Winning this order reinforces our position as the premier supplier of centralizers in the North Sea and underlines our capacity to understand new challenges and devise solutions.” Read more…

Blue Economy Seminar Programme Aims to Develop a ‘Forward Strategy’ at Ocean Business 2015

The Federation of Surveyors (FIG) and International Hydrographic Organisation (IHO) are hosting a vital seminar for the Blue Economy at this year’s Ocean Business event on 14 April from 9.30 – 5.00pm at the National Oceanography Centre in Southampton, UK.

Gordon Johnston, Vice Chair of FIG Commission 4 – Hydrography explains, “We’ve just launched an unmissable programme for those interested in reaping the benefits of the Blue Economy. From government to commercial organisations and coastal communities, the seminar ‘Blue Economy – Bridging the Gap’ helps us understand how we can all gain sustained benefits from the sea. The seminar includes outstanding speakers from all corners of the industry, but more than that – it offers delegates an opportunity to contribute and make a difference to help develop a strategy for the future.” Read more…

Kongsberg Maritime Deliver Welding Cameras For Remote Pipeline Repair System

Kongsberg Maritime Camera Group has designed, manufactured & delivered a new underwater video camera for use on an advanced subsea Remote Pipeline Repair System (RPRS). The cameras are specifically designed to monitor the welding arc and welding pass in an unmanned hyperbaric welding habitat, when operating to depths of 1,500msw.

The camera has been extensively tested & qualified for use in an argon gas environment during welding operations. An extremely wide dynamic range (WDR) image sensor is used, which provides the RPRS operating team real-time close-up viewing of the welding process while at the same time allowing detail of the adjacent welding pass to be seen with minimal image/visual degradation from the intensity of the welding arc. Read more…

World Wire & Cable Conference to bring senior executives from the industry together in Barcelona

Consultancy group and events organiser CRU is hosting the 9th World Wire and Cable conference in Barcelona. This conference provides important annual meeting for the professional peers and its market analysis helps shape future strategy for organisations involved in the wire and cable industry.

The conference offers insights into underlying economic and policy related trends and provides in-depth discussions on the power, fibre optic, OEM and communications cabling markets. The programme will feature industry experts from leading manufacturers and some of the world’s largest cable end-users who provide cable makers and their suppliers and customers with discussions on the trends that are shaping the industry as well as case studies. Read more…

Offshore Network: Meet PETRONAS, Cairn India, BG E&P India, SKK Migas, FMC Technologies, Schlumberger and Weatherford this June in Kuala Lumpur

Offshore well intervention specialists from Archer, BG Exploration and Production India Limited, Cairn India Ltd, FMC Technologies, Murphy Oil, PETRONAS, Schlumberger, Shell, SKK Migas, Superior Energy Services, Uzma Engineering, Sdn Bhd, Weatherford and Welltec will gather on June 10-11 in Kuala Lumpur, Malaysia to discuss well intervention strategies for the Asia Pacific – http://bit.ly/AsiaPacWells

The Offshore Well Intervention Workshop will take place on June 10-11 in Kuala Lumpur, Malaysia to discuss well intervention strategies to help extend hydrocarbon recovery, improve well integrity and effectively prepare for P&A in the Asia Pacific. Read more…

Unique Maritime Group Names Rodney Mckechnie as South Africa Managing Director

Unique Maritime Group (UMG), one of the world’s leading integrated turnkey subsea and offshore solution providers announced today the appointment of Rodney Mckechnie as the Managing Director for Unique Hydra, its office based in South Africa.

Rodney is a seasoned executive with experience gained in international Fortune 100 companies across various industrial sectors including motor manufacturing, food and alcoholic beverages, electronics, white and brown goods and also the Public Sector. He has consistently built high performing teams utilizing effective communication, aggressive goal setting and implementation of operating mechanisms that yield significant improvement, consistency and predictability. These teams have consistently proven themselves to be world class amongst their peers, often benchmarked as best practice internationally. His winning methodology has been to have right people in the right roles so that they contribute in a positive way to the team and the customer experience while driving accountability, growth and profitability. Read more…

AVEVA Partners With EMC To Deliver Integrated Solution For Capital Projects And Asset Operations

AVEVA announced today that it has collaborated with EMC Corporation’s Enterprise Content Division to deliver an integrated software solution for the management and control of engineering data and associated documents. Designed for the specific needs of Owner Operators (OOs) and Engineering, Procurement, Construction companies (EPCs) in the plant and power markets, the integration will provide increased efficiency and information accuracy to support safe and compliant capital project execution and asset operations.

AVEVA and EMC‘By combining two best-in-class product suites into a single solution, AVEVA and EMC are delivering a set of capabilities that provides truly comprehensive decision making,’ said Derek Middlemas, COO and Head of Enterprise Solutions, AVEVA.  ‘This supports all business processes in capital projects and asset operations where the requirement for high integrity documents and associated engineering data to maintain safety and compliance is vital.’ Read more…

Ferguson Group Singapore Announces Exclusive Partnership in Thailand

Ferguson Group Singapore, a specialist in the provision of DNV 2.7-1 / EN12079 offshore containers, reefers, tanks, waste skips, baskets, accommodation and engineering workspace modules is pleased to announce the appointment of OPS Oilfield Equipment and Services Ltd (OPS-OES) as the group’s new exclusive partner for Thailand.

Bangkok Headquartered OPS Oilfield Equipment and Services Ltd, has been servicing the offshore and onshore energy sector in Thailand for many years.  It covers offshore operations from bases in Songkhla and Sattahip. Read more…

Top decommissioning summit to hear how they raised the Costa Concordia

The company that raised the scuppered cruise-liner Costa Concordia, which was twice the weight of the Titanic when it hit rocks and foundered off the Italian coast in 2012, will explain how it was done at the 2015 Decommissioning & Abandonment Summit, 17-19 March in Houston.

Florida’s Titan Salvage, subsidiary of Crowley Maritime Corporation, was instrumental in uprighting the 114,000-ton ship – “parbuckling”, the procedure is called – so it could be floated to port and scrapped more than a year after it went down.

Christopher Peterson, vice president of Titan Salvage, will describe the multi-phased project, which was made more difficult by the fact that the 290-m-long ship had come to rest on its side suspended on two underwater rock ridges. Read more…

Let Red Mist Media Be Your Silver Lining

It seems everywhere you turn at the moment everyone is speaking about the price of oil. Granted, some have a far better understanding and insight than others, however with an abundance of varying factors, predicting the price of oil is no mean feat.

In 2008 Goldman Sachs announced that the tumbling oil price would steady and rise to the US$200 mark. But just months later, as a result of the global financial crisis, the oil price crashed to around US$40.

In the current climate, the low oil price has served as a dark cloud hovering over the oil and gas industry. Will the price of oil return to the dizzy heights of US$150 or will it continue to dwindle around the US$30 mark?

Regardless of the outcome, it is essential to promote your company’s brand, products and services. Read more…

Tosçelik Selects Thermatool Welding Systems

Tosçelik Profile and Sheet Ind. Co. – One of Turkey’s leading producers of precision steel pipe, has initiated start-up of its new tube and pipe production mills in Dilovasi utilising  induction welding systems manufactured, delivered and installed by Thermatool.

Thermatool currently has 275 Solid State welders in Turkey and with this prestigious sale Toscelik now has a total of nearly forty pieces of Thermatool equipment in operation which demonstrates the strength of our ongoing relationship.

Thermatool’s range of CFI and CFD induction welders were selected and installed at the Osmaniye plant with notable benefits applied from the HCT (Haz Control™ Technology) Welder. The units supplied to Toscelik utilise Variable Frequency and Dual (Induction & Contact) functionality built into a number of systems. Read more…

Borealis Delivers a Record Result in 2014

• Borealis announces a net profit of EUR 571 million in 2014 compared to EUR 423 million in 2013

• Successful start-up of Borouge 3 mega project

• A year of active consolidation for the Borealis Group

 

Key Figures and ratios Q4 Q4 FY FY
2014 2013 2014 2013
Net Sales EUR Million 1,980 2,108 8,330 8,106
Net Profit EUR Million 141 148 571 423
Reduction / (increase) in net interest-bearing debt EUR Million 255 41 (28) (225)
Gearing % 40% 45%

 

Borealis, a leading provider of innovative solutions in the fields of polyolefins and base chemicals announces a net profit of EUR 141 million for the fourth quarter of 2014, compared to EUR 148 million in the same quarter of 2013. For the full year 2014 the company recorded a net profit of EUR 571 million, compared to EUR 423 million in 2013. The improved result over 2013 was driven by overall stronger margins in the olefins and polyolefins business and an improved contribution from Borouge following the startup of the Borouge 3 project. Within Base Chemicals the fertilizer business did not deliver as well as expected due to operational challenges at the newly acquired plants in France. Read more…

Seatronics Ltd Abu Dhabi appointed distributor for SBG Systems products in the Middle East

Seatronics Ltd Abu Dhabi, an Acteon company and part of its marine electronics, instrumentation and offshore survey supply business, has been appointed as a distributor of SBG Systems’ products in the Middle East region, effective Jan. 2015. This is a significant development for Seatronics Abu Dhabi, enabling it to expand its scope of product supply to customers and bringing the latest developments in navigational and motion sensing technology into the region.

SBG Systems supplies a complete range of miniature and accurate inertial measurement units (IMU) and GPS enhanced attitude and heading reference systems (AHRS) based on MEMS sensors for the hydrographic and offshore industry. Read more…

C-Kore Umbilical Monitoring Device: Product Launch

C-Kore Systems Ltd, a leading supplier of subsea monitoring tools, is proud to announce the launch of their new line of C-Kore devices.

C-Kore is a ruggedized electronic instrument that monitors subsea equipment, umbilical systems and jumpers. C-Kore is a fully patented product integrated into the dummy plug normally fitted to the electrical connectors of subsea termination heads and umbilical assemblies. Once activated, insulation resistance, continuity and capacitance are measured automatically between pairs of cores and from cores to the surrounding sea water as dictated by the client.

Tim Overfield, managing director of C-Kore: “We are very excited about the launch of our latest monitoring devices. By understanding our customers’ requirements and taking the lessons learned from previous projects, we were able to develop our proven systems a step further.” Read more…

Introducing the new AQUASIGN Client Portal

AQUASIGN invites you to explore our improved website live at www.aquasign.com, sharing exclusive information on our range of asset identification solutions.

One of the benefits of joining Nalco Champion – an Ecolab company, is the ability to utilise their extensive website platform to showcase our products. In November 2014, all public content from the AQUASIGN website transferred into nalcochampion.ecolab.com, promoting uniformity with all Ecolab businesses under the one domain.

Concurrently, the AQUASIGN website was transformed into a Client Portal where we can share information on our products and company with access around the clock, seven days a week. Although access is restricted, we encourage both existing and potential customers to complete the simple registration process. Read more…

Your Invite : Partial Discharge Forum By EA Technology – 26th March 2015

Who Are EA Technology?

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EA Technology originated in 1966 as a research and development company serving the electricity industry. Today, EA Technology is a power engineering consultantcy specialising in asset management and solutions for owners of electrical assets.

New Partial Discharge Forum For Electrical Engineers

EA Technology have developed their open Partial Discharge Forum to be hosted at their UK headquarters on the 26th March 2015. This event came about as a number of EA Technology clients ask for expertise in monitoring their High Voltage (HV) assets for Partial Discharge (PD). The knowledge that EA Technology possess around PD has been developed through their vast experiences from PD surveys and via the Partial Discharge User Group (PDUG), a panel of experts from each of the UK Distribution Network Operators (DNOs) who meet quarterly at EA Technology to discuss PD problems, detection methods and future instrumentation designs / requirements. The PDUG is exclusive to the UK DNO’s. The scope of the PDUG is to provide a forum to discuss partial discharge issues relating to medium and high voltage switchgear and other substation plant and equipment. Other activity includes development of a PD Database, testing for other PD phenomena and long term testing of cable terminations.  Private Network Owners,Operators and Electrical Engineers now have the opportunity to join a similar event, the new Partial Discharge Forum. Read more…

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