NASA directors and staff gathered at Johnson Space Center in Houston to sign a new alliance with risk management firm Deloitte on June 27. The new partnership aims to utilize NASA’s proven practical applications such as risk analysis programs…
In a move designed to bring advanced risk-management capabilities to America’s energy industry, the Deloitte Center for Energy Solutions and the NASA Johnson Space Center have entered into a strategic alliance to offer services to oil and gas companies…
DNV Maritime Oil and Gas is increasing its focus on ship safety when identifying critical issues in shipping. An extended focus on risk-based rules, safety barriers and identifying high-risk areas are ways the company plans enhance safer shipping…
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…
DNV has appointed Stefan Nerpin as its new Group Vice President of Communications and External Relations for the DNV Group. Mr Nerpin brings with him extensive international leadership experience and a strong track record of corporate communications and branding…
ITT plans to invest $22 million in its Seneca Falls, NY, manufacturing operations and R&D laboratory to better serve the global oil & gas market. The corporation is in the process of adding Bornemann Pumps to its existing Goulds Pumps brand…
Rune TorhaugDet Norske Veritas (DNV) has appointed Rune Torhaug as the new Managing Director for DNV Research and Innovation. He has worked internationally with leadership roles in DNV Energy, DNV Maritime and DNV Business Assurance.Torhaug has a strong background in risk and reliability…
Lamar McKayLamar McKay has been chosen as Chief Executive of Upstream at BP, the company announced on 23 November 2012.McKay will lead BP's combined Upstream business, comprising the Exploration, Developments and Production divisions together with the Upstream strategy and integration team…
Chris Charman takes over from the retiring Hugh Williams as CEO of the International Marine Contractors Association (IMCA) in December. Since leaving the Navy he has worked as a loss adjuster and held various risk management and risk financing posts.
Newly acquired West Engineering Services joined the Lloyd’s Register stable on 1 May in a move the class society believes will secure its position as the premier independent risk-management organisation supporting the global offshore drilling industry…
Oil & gas companies today face a more complex and challenging risk environment than at perhaps any time in the industry’s history. And energy risks for both IOCs and NOCs will grow in size and inter-relatedness over the next several decades…
Class society Lloyd's Register is working with leading owners and operators from the oil & gas sector to improve current methods of monitoring the performance of blowout preventers. Two risk management specialists within the Lloyd's Register Group…
Risk management processes are fundamental to making decisions that improve the well construction process. Halliburton’s Hamayun Raja, Aijaz Rizvi and John Walters review the way risk management can be used in offshore projects to improve safety and on-target performance…
Ultimately, the life of existing offshore assets will have to be extended, safely and reliably, and balancing production against integrity requires a comprehensive understanding of those assets and the use of management strategies that engage employees at all levels…
LOCH NESS SITING:AWS Ocean Energy began testing a 1/9th scale prototype of its new AWS-III wave energy device in Loch Ness. The device is a ring-shaped multi-cell floating power system that, at its full 60m-diameter scale, will be capable of generating up to 2…
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