Weir Oil & Gas announced the signing of a memorandum of understanding with Azerbaijan State Oil and Industry University (ASOIU), a non-profit public higher education institution founded in 1920 on April 9.
The agreement will result in the company sharing their oil and gas expertise with ASOUI via workshops, seminars, joint projects and internship programs focusing on the technologies and products utilized in oil field equipment, as well as rotating machinery.
Weir and ASOIU will offer workshops involving the hands-on training of students in assembly, repair, inspecting and testing of equipment, as well as seminars on design, operation and testing of specific equipment to bridge the gap between theory and practice. Additionally, both parties will establish joint projects and Weir will enroll selected students in internship programs to prepare them for the industry.
Weir’s general manager of Russia and Central Asia, Altug Bilgic, and ASOIU’s Rector, Mustafa Babanli, were on hand for the signing of the MOU. Also in attendance was Dr. Carole Crofts, the British Ambassador to Azerbaijan.
“Weir is delighted to have signed this memorandum of understanding with Azerbaijan State Oil and Industry University,” Bilgic said. “The University is a highly-regarded institution and we look forward to providing real-world opportunities to expand on their current teachings.”
Wood Mackenzie, the global natural resources research consultancy, revealed on July 15 its partnership with P2 Energy Solutions to better analyze current and future well spacing.
Work on the project will begin immediately, and the contract award will be reflected in McDermott’s second quarter 2019 backlog.
Global drilling and engineering contractor KCA Deutag’s land drilling operation has won three new contracts in Russia worth approximately $168 million on July 15.