Upstream Oil News

Marcus Smedley (Photo: DTI)

Smedley Named President, COO at Deepsea Technologies Inc.

. (DTI). The Houston-based firm engineers and manufactures a wide range of subsea products and equipment used in the offshore oil and gas industry.Smedley will oversee DTI's Houston operations, including WW Industries and P&M Blasting and Coating.Smedley's career spans over 34 years in the upstream oil and gas industry. He has an undergraduate degree in Mechanical Engineering from Texas A&M university and an MBA from Southern Methodist University. He brings to DTI  us considerable expertise in engineering, product management, sales, business development and executive management

The GUH made several key senior leadership appointments to move forward its mission. L to R: Kirstin Gove, Trish Banks and Jacqui Taylor. Photo courtesy GUH

Global Underwater Hub Announces Appointments

strategy design, development and delivery of board reporting and oversight of governance for the GUH. Taylor is a qualified chartered accountant with more than 20 years of experience, both in professional services and private industry, having held senior roles across a variety of sectors including upstream oil and gas, oilfield services, renewables, salmon farming, charities, and hospitality.  She has worked with businesses of varying sizes and been involved at all stages of the business life cycle from growth through to restructure.To support the GUH’s continued expansion, Trish Banks has

Research & Development Manager in Vår Energi, Gjertrud Halset.

Vår Energi, Partners Team Up to Reduce Environmental Impact of Seismic Surveys

Vår Energi, the largest independent upstream oil and gas company on the Norwegian continental shelf, has said it has entered a joint industry project to develop a more environmentally friendly method for seismic data collection."Seismic data collection is among the most important tools for hydrocarbon exploration as well as for monitoring field already in production and CO2 sequestration projects in the subsurface. Together with Equinor, Lundin, and the marine geophysical company Shearwater GeoServices, Vår Energi has established Project BASS," the company said Thursday.Alexandre

Credit: Siem Offshore

TMC's Air Compressors for JOIDES Resolution Research Drillship

plus refrigerant air dryers and filters to provide a constant supply of dry, clean air. TMC has not disclosed the value of the contract.Hans Petter Tanum, TMC’s director of sales and business development said: "This is a fascinating vessel that exemplifies how it is possible to convert upstream oil and gas competence and equipment and utilize it across other industry sectors. We have always emphasized energy efficiency as a key parameter for both shipowners and the environment. Through this equipment retrofit, we contribute our part towards making a green transition even more successful

(Photo: TechnipFMC)

TechnipFMC Resumes Plan to Split in Two

Franco-American oil services firm TechnipFMC Plc said on Thursday it resumed its plan to split itself into two, after delaying the move in March.The group, created nearly four years ago via the merger of Technip and FMC, had been planning to separate its engineering and construction activities from its upstream oil services business.However, it put the plan on hold, citing turbulence in financial markets due to the coronavirus outbreak. It said in March the rationale for the spin-off remained unchanged and that it would continue preparations in order to be ready to go ahead with the move once markets recover

Credit: Oceaneering

Oceaneering Names Head of Business Development for Renewables

to the international oil and gas industry, has appointed Ben Hooker as Director of Business Development – Renewables.  In a statement on Tuesday, Oceaneering described Hooker as a seasoned accounting and finance manager with a successful sales and business development background within the upstream Oil and Gas, Defense, Marine and Renewable energy sectors. He most recently served as Head of Sales at James Fisher and Sons. Before that he served as a director of Grey’s of Ely Coaches, UK Sales Manager at CWind, and Managing Director at Ocean Hover Limited and TechnoTrak Engineers.  

Credit: Proserv

Proserv, Synaptec Developing Cable Monitoring Solution for Offshore Wind

the growth and progress of the energy transition and positively impact the operations and maintenance costs for offshore wind operators." The companies said the wide-ranging objective of the partnership is to move both companies forward in several energy markets, including offshore wind and upstream oil and gas, via the co-development of multiple innovative products and services.Apart from offshore wind cable monitoring, the duo will explore how to incorporate Synaptec’s passive DES into Proserv’s subsea control systems in order to monitor the performance of critical infrastructure

Todd Carey (Photo: PCCI)

PCCI Hires Carey as Chief Engineer

in Ventura, Calif. He will be responsible for providing engineering, design, installation and program/project management services to U.S. government and commercial clients in the ocean facility and offshore energy industries.Carey is a Mechanical Engineer with experience supporting U.S. Navy, and upstream oil and gas clients on the U.S. West Coast.  He has 18-years of experience in the analysis, design and installation of ship deployment systems, ocean facility installations, port security barriers, and submarine cable shore landings. He received a Bachelor of Science in Mechanical Engineering

(Photo: TechnipFMC)

TechnipFMC Shelves Spin-off Due to Market Turmoil

Plc is putting on hold plans to split itself into two due to turbulence in financial markets linked to the coronavirus outbreak, it said on Sunday.The group, created three years ago via the merger of Technip and FMC, had been planning to separate its engineering and construction activities from its upstream oil services business in the first half of this year."Market conditions have changed materially due to the COVID-19 pandemic, the sharp decline in commodity prices, and the heightened volatility in global equity markets," TechnipFMC said in a statement."The impacts of these events have

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