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EMGS reports third quarter 2017 results
Electromagnetic Geoservices ASA (EMGS) recorded revenues of USD 10.0 million in the third quarter 2017, up from USD 4.5 million in the third quarter 2016 and down from USD 10.6 million in the second quarter 2017.
21 Nov 2017

Chrysaor appreciates benefit of R2S data capture
Aberdeen-based Return To Scene Limited, part of James Fisher and Sons plc, announces that it welcomes Chrysaor as a new client, providing the new North Sea operator with its award winning visualisation software, R2S.
21 Nov 2017

Akselos and EPFL score grant to bring ground-breaking technology
Akselos S.A. and world-leading technology institute EPFL, have finalised a $1-million deal with the Swiss Commission for Technology and Innovation (CTI) to empower predictive maintenance with engineering simulation, big-data and machine learning technologies.
21 Nov 2017

Energistics appoints three new directors to its board
Energistics Consortium Inc. is pleased to announce the appointment of three new directors to its board, replacing directors who have transitioned to new roles in their respective companies.
21 Nov 2017

AISUS launches new tool for enhanced offshore inspection
Aberdeen-based AISUS has invested a six-figure sum in upgrading and developing cutting edge inspection technology as it looks to further broaden its range of services and increase its geographical reach to provide its customers with the most efficient, cost-effective technological solutions.
21 Nov 2017

Industry 'Dragons' Den' picks transformational well P&A ideas
• Four technology ideas, from original 48 submitted, selected to transform well P&A • Panel comprised Technology Centre members and industry bodies • Funding decision in December by Technology Centre board
21 Nov 2017

eDrilling signs MOU agreement with Petrovietnam University
eDrilling, a leading provider of drilling and well performance solutions, and Petrovietnam University, the special public University with the mission to carry out high-quality research and training for the development of human resources of Vietnam National Oil and Gas Group (Petrovietnam), has signed a Memorandum of Understanding (MoU) for a long-term engagement to drive the digitalization of drilling operations in Vietnam.
21 Nov 2017

Tendeka secures trio of Middle East contract wins
Following a recent award by the Kuwait Oil Company (KOC) to deliver a lower completions project, Tendeka, a global leader in advanced completions and production optimisation, has been awarded two further contracts in the Middle East.
21 Nov 2017

Emerson agrees to acquire Paradigm
Emerson has agreed to acquire Paradigm, a leading provider of software solutions for the oil and gas industry, for a purchase price of $510 million, reflecting a multiple of 13 times expected 2017 EBITDA.
21 Nov 2017

TechX signs up mentors and partners to support technology start-ups
• More than 50 mentors and partners sign-up to support start-ups and SMEs • TechX launches in December 2017 • Aims to invest in more than 100 new technology companies in 10 years
21 Nov 2017

EPI Group & Onyx IES Sdn. Bhd. announce partnership in Malaysia
EPI Group and Onyx IES Sdn. Bhd. (ONYX) are delighted to announce the formal signing of an agency agreement. ONYX now adds EPI Group to its formidable portfolio of services within Malaysia and are confident this agreement will provide strong opportunities for both companies and will provide a long and rewarding relationship.
03 Nov 2017

Ian MacLeod receives SEG Cecil Green Enterprise Award
Geosoft co-founder Ian MacLeod is the proud recipient of the Cecil Green Enterprise Award from the Society of Exploration Geophysicists (SEG). MacLeod and other award recipients were honoured on Tuesday, September 26th, 2017, at the SEG International Exposition and 87th Annual Meeting in Houston.
03 Nov 2017

Dassault Systemes to acquire Exa Corporation for $400m
• Strengthens Simulation Portfolio with Next Generation Fluid Dynamics Capabilities on the 3DEXPERIENCE Platform • Proven Technology and Industrialized Solutions Available to Customers in All Industries • Companies' Complementary Strengths Expand Power of Digital Engineering Throughout Value-Chain
03 Nov 2017

Speedcast awarded managed services contract for Equatorial Guinea
Speedcast International Limited the world's most trusted provider of highly reliable, fully managed, remote communication and IT solutions announced that the company has been selected to provide Middle Earth Orbit (MEO) Ka-band managed communications services to a production asset owned and operated by a major U.S.-based operator in Equatorial Guinea on Bioko Island, off the coast of West Africa.
03 Nov 2017

Tendeka becomes first independent service company to win multi-million-pound
Tendeka, a global leader in advanced completions and production optimisation, has been awarded a project to supply the Kuwait Oil Company (KOC) with its Inflow Control Device (ICD) technology which will enhance production through more effective reservoir management.
03 Nov 2017

Paradigm launches a new, cloud-based production management solution, Paradigm k
Paradigm unveiled Paradigm k, its new Production Management solution, in the company's booth #3163, at the 2017 Society of Petroleum Engineers Annual Technical Conference and Exhibition in San Antonio.
03 Nov 2017

Add Energy wins new contracts with tailor-made QHSE technology
Add Energy, an international energy consultancy and software provider has recently secured work with three operators in the North Sea for the provision of Environmental Management and Reporting Software (NEMS Accounter).
03 Nov 2017

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Nikkii Ng
from Lloyd's Register


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