Meridium, provider of the Asset Performance Management (APM) software and services, announced an expanded partnership with Stork Asset Management Consultancy. Stork became a Meridium Certified Services Provider (MCSP) earlier this year…
Asset Guardian Solutions (AGSL) announced that it received a contract from McDermott Asia Pacific provide its Asset Guardian software management toolset to protect and manage the software installed on the process control systems that…
Facilities service provider Petrofac has been awarded a contract to support maintenance management system (MMS) implementation for Bumi Armada’s floating, production, storage and offloading (FPSO), the Armada Kraken. The vessel, a converted Suezmax ice-class tanker…
Dana Petroleum awarded Asset Guardian Solutions (AGSL) a contract to implement and support Asset Guardian, a software system that helps secure the integrity of process software. Asset Guardian will be installed by AGSL on Dana’s Triton FPSO in the UK North Sea…
UK-based compliance, integrity and risk consultancy firm Lloyd’s Register Energy is forming a strategic alliance with MaxGrip. The alliance, announced during this week's Offshore Technology Conference (OTC) in Houston, will see the development…
Petrofac completed a project for Nexen Petroleum UK Golden Eagle Development Area, delivered through its Plant Asset Management consulting business that involved the development and implementation of a maintenance program for the Golden Eagle installation…
Aberdeen-based Nexen Petroleum awarded Asset Guardian Solutions Ltd. (AGSL) a contract to provide solutions software for the Golden Eagle project offshore the UK North Sea. AGSL will provide the software management tool, Asset Guardian…
Petrotechnics has completed the implementation of its Proscient software platform on two UK offshore assets operated by Nexen Petroleum UK, a wholly owned subsidiary of China National Offshore Oil Corp. The platform will play a key role…
US-based Endeavour International is seeking bankruptcy protection after agreeing a restructuring agreement with some creditors. The company’s debt totals about US$1.2 billion, according to Chapter 11 papers filed in US Bankruptcy Court in Wilmington…
PTTEP and Pertamina signed a 50:50 joint venture to buy Hess' assets off Indonesia for US $1.3 billion. The companies will gain 75% stake in Pangkah field and 23% in the Natuna Sea A field. The Pangkah transaction will be finalized in Q1 2014…
The offshore industry is perhaps the single most demanding environment for assets. Exposure to the elements, the remote nature of drilling equipment, limited space, a volatile project-oriented environment, and risk management concerns, all…
Tech talk. With the 44th Offshore Technology Conference in Houston just on the horizon, OE sought answers to the question, “What emerging technology will have a direct impact on the offshore market?” Our think tank had this to say: Subsea Asset Integrity…
Asset Guardian Solutions Ltd. (AGSL), which specializes in critical control software asset protection for the process and manufacturing industry, announced that it has secured a significant contract with Woodside. The company is Australia’s leading oil and gas producer…
Aker Solutions plans to purchase Canadian asset integrity management (AIM) company Thurm Energy, the company announced on 22 November 2012.The financial details were undisclosed; however, Aker said the acquisition will grow its AIM portfolio and boost its presence in the Atlantic Canada market…
Carri Lockhart is Marathon’s new UK North Sea asset team MD. Her earlier posts include asset team manager for Marathon Alaska operations and business development director for North and South America.
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