AMOT Appoints Garza as Marine Market Sales Manager
AMOT has announced Gustavo Garza as the new Americas regions sales manager for the marine market. Gustavo obtained his bachelor’s degree in Marine Engineering Technology from Texas A&M University at Galveston. Post-graduation, Gustavo expanded his product knowledge working in the marine, industrial distribution, and oil & gas industries while owning his own real estate investment company. Before joining AMOT, Gustavo shared his passion for sales and engineering at Cummins Southern Plains, Atlas Industrial Supply, and FMC Technologies.
Interventek Appoints Stuart as Business Development Director
Interventek Subsea Engineering has announced the appointment of Bruce Stuart to the role of Sales and Business Development Director. Stuart brings with him over 30 years of commercial leadership experience and in-depth operational knowledge of the oil and gas industry. Stuart joins Interventek from Proserv where he was VP Business Development Subsea, having previously held a seven year tenure at FMC Technologies, responsible for U.K. and Canada sales and marketing for their subsea products and systems.
DNV GL Guideline Trashes Unnecessary Subsea Documentation
Customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation. A cross-industry project led by DNV GL to halt the boom in subsea documentation shows that implementing a standardized approach can significantly reduce engineering hours. The two-year collaboration led by DNV GL has concluded in a publicly available Recommended Practice which can reduce the amount of subsea documentation and enable documentation reuse in a typical subsea field development project.
Kondapi Named Subsea Director at Texas A&M
Dr. Phaneendra Kondapi has joined the College of Engineering at Texas A&M University as the director for subsea engineering. Kondapi brings to the position more than 20 years of experience in the industry with FMC Technologies and KBR, where he focused on engineering and consulting projects worldwide. As the KBR Adjunct Professor of Subsea Engineering at the University of Houston, he helped develop the first subsea engineering program in the United States. “We are very pleased to have Dr. Kondapi join Texas A&M’s subsea engineering program as director,” said Dr.
Hawboldt Adds Senior Sales Presence
Hawboldt Industries announced that David Marchetti has joined the company in a senior sales role. Marchetti brings to Hawboldt over 27 years of experience in operations, manufacturing, engineering, project management and aftermarket / customer service, including experience with ROV systems, and subsea oil and gas operations. Marchetti has held various positions with companies such as Schilling Robotics, GE Vetco Gray, and FMC Technologies, and most recently held the position of VP of Operations - Subsea at Forum Energy Technologies.
FMC Technologies, Technip to launch Forsys Subsea
FMC Technologies Inc. and Technip today signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two subsea industry leaders. This alliance will redefine the way subsea fields are designed, delivered and maintained. Bringing the industry’s most talented subsea professionals together early in the project concept phase, Forsys Subsea will have the technical capabilities, products and systems…
OTC Names Technology Award Winners
The Offshore Technology Conference (OTC), which takes place May 4-7 in Houston, has announced 17 technologies that will receive the Spotlight on New Technology SM Award. The 2015 awards will be presented May 4, in the NRG Center Rotunda Lobby. The Spotlight on New Technology Awards—a program for OTC exhibitors—showcase the latest and most advanced hardware and software technologies that are leading the industry into the future. In support and recognition of innovative technologies being developed by small businesses…
JDR Appoints Currie as CEO
JDR appointed David Currie as chief executive officer and a member of the board of directors, effective January 12, 2015. Currie brings to the position nearly 30 years’ experience in the global offshore energy industry, most recently the U.K. regional president for Aker Solutions. Previous to that, he spent the bulk of his career at FMC Technologies where he held a range of senior positions, the last of which was director of global subsea operations. Currie will focus on developing JDR’s commercial opportunities…
DNV GL: New RP for Integrity Management of Subsea Production Systems
Following a new Recommended Practice (RP) for subsea lifting, DNV GL has published an RP providing guidance on how to establish, implement and maintain an integrity management system (IMS). According to DNV GL, the aim is to help operators carry out maintenance activities at the most cost effective intervals, increase confidence in the condition of the subsea equipment and ensure a unified and reliable reference for both authorities and the industry. The need to manage the integrity of subsea production systems…
Brazil Offshore: Petrobras & Subsea Engineering
Brazil’s Petrobras has been one of the leading players in deepwater, subsea development projects since the turn of the century. These projects include pre-salt and post-salt plays, which require extensive and complex subsea engineering and construction efforts. It would be impossible for Petrobras to develop all of its projects alone, therefore much is done by specialized companies, mostly of foreign origin. “We could not have advanced in this project (pre-salt) conventionally, developing the production individually.
Thrustmaster Announces Management Promotions
Thrustmaster of Texas, Inc., a company in the design and manufacture of marine thruster systems, announced several promotions in its top level operations management. Jason Small, B.Sc.Mar.E., has been promoted to General Manager. Mr. Small, a graduate of Texas A&M with a B.Sc. in Marine Engineering, served as Engineering Manager at Thrustmaster for the past six years. Venkat Mudupu, PhD has been promoted to Engineering Manager. Dr. Mudupu has been with Thrustmaster for over five…
FMC Gets Shell Ultra-deep Subsea Equipment Order
FMC Technologies, Inc. to support Shell's ultra-deepwater project in the Walker Ridge area of the Gulf of Mexico. Stones is located approximately 200 miles (322 kilometers) off the Louisiana coast in approximately 9,600 feet (2,926 meters) of water. FMC Technologies' scope of supply includes eight subsea trees, a subsea manifold, topside and subsea controls and associated equipment. "Deepwater operations in the Gulf of Mexico require advanced capabilities and innovative solutions," said Tore Halvorsen, FMC Technologies' Senior Vice President, Subsea Technologies.
GofM Subsea Equipment Order for FMC
FMC Technologies receives subsea equipment order for ExxonMobil's Julia Development field. The Julia field is located in the Gulf of Mexico Walker Ridge area in approximately 7,000 feet (2,100 meter) water depth. FMC Technologies' scope of supply includes six subsea trees, a manifold and associated tie-in equipment. "FMC Technologies is pleased to provide ExxonMobil with subsea systems for this offshore project," said Tore Halvorsen , FMC Technologies' Senior Vice President, Subsea Technologies. Houston-based FMC Technologies, Inc.
OTC Announces Spotlight on New Technology Recipients
The Offshore Technology Conference (OTC), which takes place May 6-9 in Houston, has announced 15 technologies that will receive the 2013 Spotlight on New Technology Award recognizing innovative new products that provide significant impact for offshore exploration and production. The awards will be presented at 1600 hours, 6 May, in Reliant Center. The Spotlight on New Technology Awards, which are for OTC exhibitors, showcase the latest and most advanced hardware and software technologies that are leading the industry into the future.
Braemar Adjusting Boosts its Global Teams
Braemar Adjusting continues its development and expansion, with the recruitment of experienced loss adjusters and new young talent across the globe. New staff have boosted the adjusting teams in the firm’s London, Singapore and Calgary offices as the company continues to enhance its onshore and offshore expertise. Grant Smith, Braemar Adjusting Group Managing Director, said: “These latest four appointments further emphasise our focus on providing excellent client service through the expertise of our personnel.
FMC Win BP Subsea Equipment Contract
FMC Technologies to manufacture and supply subsea equipment for BP's Thunder Horse Field in the Gulf of Mexico. The Thunder Horse oil field is located in the Mississippi Canyon area of the Gulf of Mexico, 150 miles (240 kilometers) southeast of New Orleans in approximately 6,300 feet (1,920 meters) of water. FMC Technologies' scope of supply includes two manifolds and associated controls equipment . In addition, the scope includes several pipeline end terminations , flowline and well jumper kits and umbilical termination assemblies.
Offshore W. Africa Subsea Equipment Order for FMC
FMC Technologies, Inc.wins order from CNR International Ltd. for subsea equipment for the Baobab field, offshore Ivory Coast. The Baobab field is located in Block CI-40 West Africa approximately 16 miles (25 kilometers) offshore from the Ivory Coast. FMC Technologies' scope of supply includes six subsea trees , eight wellheads , three manifolds , and a Subsea Control System including subsea distribution systems and associated topside control systems . The equipment is scheduled for delivery in 2014.
Subsea Services New J/V: FMC Partners Edison Chouest
FMC Technologies and Edison Chouest Offshore team up in subsea services joint venture with new base in Houston, Texas. Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore, the new company intends to provide integrated vessel-based subsea services for offshore oil and gas fields globally. Services to be offered by the joint venture include equipment intervention, riserless light well intervention, plug and abandonment and other services.
FMC Technologies Announces Executive Changes
FMC Technologies, Inc. (NYSE:FTI) said that Robert L. Potter has been appointed President of the company. Potter assumes this responsibility from John T. Gremp who remains Chairman and Chief Executive Officer (CEO). "Bob is an experienced and well-respected leader with a deep understanding of our markets and technologies," said Gremp. Potter previously served as Executive Vice President of Energy Systems with responsibility for the Subsea Technologies, Surface Technologies and Energy Infrastructure business segments, in addition to several support functions.
Reservoir Names MD for Well Intervention
Reservoir Group announced the appointment of Fraser Louden as managing director of its well intervention and measurements business. Acting as the Group management team’s interface with its growing portfolio of companies, Louden joins from an executive advisor role at FMC Technologies and previous expertise at READ Well Services Ltd., where he held key roles, including chief executive officer, vice president, business development manager and R&D manager. A former chief executive officer of the READ ASA group…
BRAZIL: U.S. Find New Opportunities
While the U.S. economy may be in the doldrums, smart U.S. companies are looking increasingly to exports to help their bottom lines. A major market for U.S. exports is Brazil. This article examines new market opportunities in the oil and gas, shipbuilding and port infrastructure in Brazil, and identifies certain financing sources available to U.S. companies seeking to participate in these markets. Brazil’s growth in recent years has been amazing. Over the past 5 years, real GDP growth in Brazil has averaged 4.3% annually (as compared to 1.3% annually in the U.S.), reaching 7.5% in 2010.
FMC Technologies Receives $125 Million Order From Petrobras
FMC Technologies (NYSE: FTI) announced today that it has received a $125 million order from Petrobras (NYSE: PBR, PBRA), Brazil's national oil company, to supply equipment for use in their oil and gas developments offshore Brazil. The order, for 32 subsea trees, represents the remaining equipment under a 107-tree frame agreement that was announced in February of 2010. Equipment deliveries are scheduled to begin in 2013. "We have been a key supplier to Petrobras for decades and have delivered over 300 subsea trees for their projects in Brazil…
FMC Technologies, BG Norge Agreement
FMC Technologies, Inc. (NYSE: FTI) announced that it has signed a multi-year frame agreement with BG Norge, a subsidiary of BG Group, to provide subsea systems for offshore projects. The five-year contract includes provisions for two additional five-year extensions. The agreement also includes an immediate call-off to perform a detailed engineering study related to equipment and services to support the Jordbaer field, located in the Norwegian North Sea.
FMC Technologies Perdido Stage II Contract
FMC Technologies, Inc. (NYSE: FTI) has signed an agreement with Shell to supply subsea and topside systems for the Perdido Stage II Regional Development Project in the Gulf of Mexico. Terms of the transaction were not disclosed. FMC's scope of supply includes five subsea production trees and three subsea water injection trees, each rated at 10,000 pounds per square inch (psi). FMC will also manufacture and provide subsea and topside controls, manifold and tie-in equipment, and other systems and services. Deliveries will commence in the third quarter of 2010.
FMC, Petrobras $80M Subsea Service Contract
FMC Technologies, Inc. (NYSE: FTI) announced that it has signed a subsea service contract with Petrobras (NYSE:PBR) (NYSE:PBRA) . The agreement is effective through 2012 and is expected to result in an additional $80m in revenue to FMC Technologies. FMC's scope of supply includes storage, maintenance, commissioning and offshore services for subsea and topside control systems and drill pipe riser systems. 10. International accountant and shipping consultant Moore Stephens has strengthened…
FMC Supplies Separation System for Petrobras
FMC Technologies, Inc. (NYSE: FTI) announced that it has been awarded a contract by Petrobras (NYSE: PBR) (NYSE:PBRA) to supply a subsea separation system for the Marlim field, located in the Campos Basin, offshore Brazil. The contract is valued at approximately $90m in revenue to FMC Technologies. FMC's scope of supply consists of a subsea separation and pumping system. The subsea separation module will separate heavy oil, gas, sand and water at a water depth of approximately 2,950 feet (900 meters).