Logistics
Logistics
TechnipFMC Resolves US And Brazil Probes, Hopes To Settle French Case
Oil services company TechnipFMC said it would pay $301.3 million to resolve anti-corruption probes with Brazilian and U.S. authorities, and added it was committed to resolving another probe on its affairs with French authorities.
Logistics
Petrofac Loses Out On $10 Billion In Contracts As SFO Probe Drags On
Oilfield services provider Petrofac lost out on $10 billion worth of contracts globally due to a probe by Britain’s Serious Fraud Office into dealings in Saudi Arabia and Iraq, its finance chief said on June 25.
Logistics
Strong Ecosystem Missing Link To Blockchain’s Takeoff
Unable to make the transition from promising to transformational, blockchain’s potential is put into question by the energy industry.
Health, Safety & Environment , Emissions , Logistics , System Integrity
Opinion: The Story Behind Gas Leak Detection And The Terrible Price It Cost
Some of the new innovations being used to help detect leaks include fixed deployment of methane sensors in high consequence areas, aerial surveys using fixed wing, helicopter and drones.
Shale Plays , Logistics , Gathering & Processing
Siemens Enters Permian Gas Processing Market With Electric Compression Technology
Siemens was awarded a contract to provide three residue compression trains for two, 250 million (500 million total) standard cubic feet per day (MMscf/d) cryogenic gas plants in the Delaware Basin on May 30.
Investment , Renewables , Logistics , Storage
US Launches Large-Scale Project To Store Renewable Energy
A pioneering $1 billion project for large-scale storage of energy from wind and solar power has been launched in Utah, offering a way to manage the variability of renewable generation.
Logistics , Midstream
Back To The Drawing Board
Miniaturization of rupture disks requires redesign of equipment.
Investment , Renewables , Logistics
Vestas Takes Aim At Cheaper US Wind Power With New Turbine
Vestas launched a wind turbine targeting the U.S. market, aiming to simplify how they are built and cut costs further for the renewable energy source.
Logistics
SKK Migas Adopts Halliburton Landmark Software
SKK Migas adopted the DecisionSpace suite of software to improve exploration and production efficiency through data analytics, integration and cross-disciplinary collaboration.
People , Logistics
Fluor Appoints Carlos Hernandez As CEO
Fluor Corp.’s board of directors has confirmed the appointment of Carlos M. Hernandez as CEO and named him a member of the board of the company on May 16.