Schlumberger News

Vigdis subsea installation (Photo: Andre´ Osmundsen / Equinor)

Vigdis Gets a Boost

also involve some modifications to Snorre A, which receives oil from the Vigdis field, and Snorre B, supplying the new boosting station with power from a new umbilical.The contract for delivering the boosting system, including subsea template and trawling protection, has been awarded to OneSubsea, a Schlumberger company. The contract value is estimated at NOK 700 million ($82.4 million).Engineering will start in December 2018 in Bergen, and the assembly will take place at the company’s plant at Horsøy near Bergen. OneSubsea will use several subcontractors, including Framo Flatøy fabricating

David Lamont (Photo: ROVOP)

ROVOP Names Lamont Non-executive Director

Remotely operated underwater vehicles (ROV) services provider ROVOP announced the appointment of David Lamont as a non-executive director.Lamont has over 35 years of industry experience in the oil and gas sector. After starting his career at Schlumberger where he worked for 18 years, he has held a number of senior management roles, most recently as the CEO of global energy services company Proserv.ROVOP CEO Steven Gray said, “David is a highly respected figure in the international oil and gas industry. He joins us at an exciting time of growth and we are in no doubt that his dynamism and experienc

Magseis Inks MoU with Schlumberger

Norwegian nodal acquisition company Magseis ASA announced Monday it has signed a Memorandum of Understanding (MoU) with Schlumberger's geophysical services product line WesternGeco to offer joint bundled seismic services including ocean-bottom nodes (OBN) acquisition from Magseis and data QC and processing from WesternGeco."We are delighted to partner with WesternGeco to deliver full system services for OBN surveys with a focus on 3D exploration and 4D reservoir monitoring,” said Magseis CEO Per Christian Grytnes. “As market leaders in our respective domains, we will jointly

Early-out Fast-Track Pre-Stack Time Migration showing high-resolution detail of the thick Zambezi Basin sediments and previously unseen faulting geometry in the basement (image courtesy of CGG Multi-Client & New Ventures)

CGG Releases Data from Mozambique Survey

(2017 East Africa Robertson Study), and the Robertson New Ventures Suite of exploration screening tools.“Our comprehensive suite of geoscience products for Mozambique will bring the industry new insight into the hydrocarbon prospectivity of this exciting new exploration area,” said Luc Schlumberger, EVP, Multi-Client & New Ventures, CGG.“The fast-track data has already revealed key details of how the prospective reservoirs of the thick Zambezi Basin sediments are affected by the nearby Beira High. This valuable insight will help exploration companies prepare their strategy for

Image: TGS

Schlumberger, TGS Bags New US Seismic Project

Norwegian seismic specialist TGS-NOPEC Geophysical Company (TGS) and oilfield services providers Schlumberger have announced a new multiclient nodal seismic project in the U.S. Gulf of Mexico.The project, named Amendment, will comprise acquisition of a 2,350-km2 multiclient seismic survey in the Mississippi Canyon and Atwater Valley protraction areas of the U.S. Gulf of Mexico. This prolific area includes open acreage, existing producing assets and new discoveries.Seismic data will be acquired using Fairfield Geotechnologies 4C nodal acquisition technology with operations expected to commence in Q4

Left to right: Jon Beatty and Greg Hammond (Photo: UTEC)

UTEC Makes Two Key Appointments

joins UTEC Geomarine as managing director and is responsible for its range of geotechnical services, which, when combined with UTEC’s geophysical survey offering, provides a one-stop solution for seabed characterization and sampling. He has more than 25 years of international experience with Schlumberger, having served in technical and management positions spanning reservoir characterization, well construction and completion, and production.Hammond takes on the StarNet business unit director role having been with the business for more than 13 years. During this time, he has been instrumental in

Moog Focal LVEOS Model 430 (Photo: MacArtney)

MacArtney Supplies Moog Focal LVEOS Swivel to FPSO

MacArtney said it has supplied a Low Voltage Electrical Optical Swivel (LVEOS) to Norwegian turret and loading systems provider for intended inclusion into a swivel stack for a floating production, storage and offloading vessel (FPSO).OneSubsea, a Schlumberger company, will supply the Moog Focal LVEOS to the FPSO operating in Block SK10 of the Helang gas field located off the coast of Sarawak, Malaysia.Due for delivery in the mid-fourth quarter of 2018, the Moog Focal model 430 provides a rotating connection for low voltage power, electrical signal and optical cables in a single package. The shaft is

Photo: Schlumberger

Schlumberger Introduces MEMS Gyro Surveying Service

Schlumberger has introduced the GyroSphere MEMS gyro-while-drilling service at Offshore Northern Seas (ONS). The GyroSphere service responds to the needs of E&P companies for a faster and more rugged, gyro-surveying while-drilling tool that increases drilling efficiency and reliability while reducing drilling risks.As the first application of microelectromechanical system (MEMS) technology for gyro surveying while drilling in the oilfield, the GyroSphere sensor performs gyro surveys faster than conventional systems and avoids the need for recalibration between runs. Solid-state technology enables

Shearwater to Buy Schlumberger’s Seismic Business

Norwegian marine geophysical services company Shearwater GeoServices Holding AS has entered into a definitive agreement to acquire the marine seismic acquisition assets and operations of Schlumberger’s geophysical services product line, WesternGeco.The transaction, which remains subject to regulatory approvals and other customary closing conditions, is expected to close in the fourth quarter of 2018.Houston based Schlumberger will receive cash consideration based on an enterprise value of $600 million plus a 15 percent post-closing equity interest in Shearwater. For a limited period, Schlumberger

MTR does not present an “MTR100 Creative Photo” award, but if we did this year’s winner is Houston Mechatronics. Pictured is Houston Mechatronic’s Aquanaut in wet testing earlier this year holding it’s MTR100 ‘trophy’. (Photo: Houston Mechatronics)

MTR100: The Ones to Watch

2014, by former NASA roboticists. The company’s business model is Robotics as a Service (RaaS) – in itself a new concept within the subsea industry – which uses what HMI calls its in-house full stack robotics capabilities. HMI’s first investor was oilfield services giant Schlumberger (2015), while drilling firm Transocean led HMI’s most recent Series B investment (2018), giving some idea of the interest in the firm.HMI’s first splash is the Aquanaut, a subsea service robot that can perform long range yet meaningful in-close manipulation tasks over low bandwidth

CGG Names Baidoukov CFO

of international oil and gas industry experience. He is currently Group CFO at OiLSERV Group, a Middle East and North Africa Oilfield Services company. Prior to this, he was CFO of Maersk Oil US, and Group CFO of Integra Group, a CIS oilfield services company. Baidoukov spent 10 years of his career at Schlumberger in finance positions at the corporate and regional levels.Baidoukov holds an MBA degree from TRIUM Global Executive MBA, a joint program of NYU Stern School of Business, LSE and HEC Paris. He also holds a Master of Science (Honors), Economics degree from the Russian Peoples’ Friendship University

Schlumberger Revenue Misses Estimates

Schlumberger Inc missed analysts' quarterly revenue estimates on Friday, as weakness in its international business overshadowed another strong performance in North America.The Houston-based company, a bellwether for the oilfield services industry, said revenue from its international business dipped 1.4 percent to $5.07 billion. Meanwhile, revenue from North America jumped about 43 percent to $3.14 billion."Despite OPEC's recent decision to increase production, the global supply base continues to weaken," Chief Executive Officer Paal Kibsgaard said, pointing to uncertainty for producers

Schlumberger CFO Ayat to Retire Soon

Schlumberger NV Chief Financial Officer Simon Ayat plans to retire this year and a company insider has emerged as top candidate to replace him at the world's largest oil services firm, three people familiar with the matter told Reuters.Stephane Biguet, currently vice president of finance, is the frontrunner to replace Ayat, according to the people who declined to be named because the matter is not yet public.Schlumberger declined to comment.The CFO change would come as rising oil prices and dwindling producer reserves are helping lift demand for oil services, which were hit hard by the 2014 oil

FairfieldNodal Changes Name

continues to build on a comprehensive OBN technology portfolio and has embarked on an aggressive program to grow its capabilities through M&A and strategic partnerships.“The recent acquisitions of WGP , the US multi-client data library from Geokinetics and the strategic partnerships with Schlumberger, Ikon Sciences and others reflect Fairfield Geo’s strategy to expand beyond its roots as a provider of nodal data acquisition services,” said Chuck Davison, CEO of Fairfield Geotechnologies.  “Fairfield Geo is uniquely positioned as a leader in the US multi-client business

© sframe / Adobe Stock

Schlumberger Wins in US Supreme Court on Patent Damages

The U.S. Supreme Court ruled on Friday that companies can recover profits lost because of the unauthorized use of their patented technology abroad in a victory for Schlumberger NV, the world's largest oilfield services provider.The 7-2 decision overturned a lower court's ruling that had enforced limits on applying U.S. patent law overseas and reduced by $93.4 million the damages sum that rival ION Geophysical Corp had to pay for infringing Schlumberger technology that helps find oil and gas beneath the ocean floor. Both companies are based in Houston.The decision expands the ability of patent

The Grane platform in the North Sea. (Photo: Harald Pettersen / Equinor ASA)

Equinor Awards $3.7 Billion Service Deals

Norwegian oil and gas firm Equinor has awarded drilling and well service contracts worth 30 billion Norwegian crowns ($3.68 billion) to Schlumberger, Halliburton and Baker Hughes, it said on Monday.The contracts cover integrated well services, such as directional drilling, drill bits, fluids and cementing, for an initial four years, and can be extended for up to 10 years."The purpose of integrated drilling and well services is to clarify roles and responsibilities," Equinor, formerly known as Statoil, said in a statement."This results in less interfaces and more clearly defined responsibi

Sri Lanka Signs Deal for $50 Mln Offshore Seismic Study

Sri Lanka on Wednesday signed an agreement with a subsidiary of U.S. firm Schlumberger for a $50 million seismic study off the country's east coast to evaluate any prospective oil resources, a senior government official said.Sri Lanka signed the agreement with Eastern Echo DMCC, a subsidiary of Schlumberger, to carry out seismic data acquisition surveys, advance data processing and interpretation work or modelling of petroleum systems."The main objective of entering into this agreement is to acquire more petroleum data using modern acquisition and processing techniques," Arjuna Ranatunga

Marine Technology Magazine Cover Nov 2018 - Acoustic Doppler Sonar Technologies ADCPs and DVLs

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