Business Briefs

March 1, 2000
Ocean Rig and Friede Goldman Halter (FGH) have settled the dispute over the completion of Ocean Rig's two Bingo 9000 vessels, the Leiv Eriksson and the Eirik Raude.


Landmark Graphics has a contract with Apache Egypt so standardize the operator's seismic interpretation software suite.

Knowledge Systems (Stafford, Texas) has a contract with Deminex Exploration & Production to supply the operator with their geopressure prediction program.

North West Shelf Pty (Australia) sellers have signed a 10-year gas sales contract with the AlintaGas, the Western Australia gas utility.

Slingsby Engineering Ltd (Singapore) has a contract to deliver a Hydrus manipulator arm system to Fugro UDI.

Leica Geosystems has a contract from Hornbeck Offshoreto supply eight chart navigators for vessels.

Sonsub International was awarded a contract by the city of Imperia, Italy to trench for the 36-in. diameter Imeria-Ventimiglia water pipeline under the Tyrrenian Sea.

Elf Serepca has awarded a $10 million contract to ETPM for the construction of fast-track project Boa Sud, Bavo, and Lipenja, offshore Cameroon. The scope of work includes an EPCI contract pipelaying various lines, using ETPM's CBL 101 pipelaying vessel in addition to a PCI contract for Boa Sud with the fabrication of a 40 ton jacket and a 40 ton deck with 250 tons of piles and conductor pipes.

Baker Hughes Inteq's AutoTrak rotary closed loop drilling system has surpassed the 1 million linear ft of hole drilled record. The system was introduced in April 1997.
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A contract worth of more than NOK 500 million covering maintenance and modification work for allBP Amoco's platforms on the Norwegian continental shelf has been awarded by the oil company to Aker Offshore Partner. Aker Offshore Partner is to assist BP Amoco with maintenance and conversion work on the Ula, Gyda, Valhall, and Hod platforms.

Fisher-Rosemount was awarded a contract by Rashid Petroleum to supply an integrated process automation system for an unmanned platform in the Nile Delta.

ETPM has won a Marine Installation Management and Engineering Services contract from Azerbaijan International Operating Company in Azerbaijan to transport and install a 250 ton water injection module and a 50 ton de-aerator package on the Chirag I platform offshore Azerbaijan.

EDG was awarded a contract for project management technical assistance by Santa Fe Energy Resources for the Panyu 4-2 field development in the South China Sea.

Oceaneering has an $80 million contract from Woodside Energy to provide a mobile offshore production unit for the development of the Legendre North and South oil fields in the WA-1-P on Australia's North West Shelf.

GX Technology has been contracted by Anadarko Petroleum to build a 3D velocity/ depth model and perform 3D depth imaging over several hundred Gulf of Mexico OCS blocks, all related to salt and subsalt related plays.

Aspen Technology has obtained a licensing agreement from BP Amocoto provide engineering software.

Sonsub A/S was awarded an underwater EPCI contract by Shell for subsea structures and spools on a 16-in. pipeline connecting the Norne FPSO to the Heidrun TLP off Norway. Also, Sonsub A/S has an EPCI contract from Statoil for subsea spools for the piggable loop connection of the Norne FPSO and Heidrun TLP to the Asgard Transport System.


Ansel Condray was named Chairman of Exxon Mobil International (London), newly established company to oversee exploration, pro duction, and gas marketing in Europe and West Africa.

Veritas DGC Inc. has electedRichard C. White as CEO.

Rick Vierbuchen was named Exploration Director of Exxon Mobil International.

Marvin Rainsdon was named President of Marathon Petroleum Ireland (Cork).

Arnaud Breuillac was appointed Alwyn Area Manager at Total Oil Marine (Aberdeen).

Paragon Engineering announced thatW. A. Wenger and Thomas J. Gregg have joined the firm.

MODEC International (Houston) has appointedPaul Cannatella as Manager of Sales & Marketing.

PennWell Corporation has namedD. King Anderson as President of the PennPoint division.

Raymond Deacon has joined Dain Rauscher Wessels, a division of Dain Rauscher Incorporated, as an Equity Research Analyst focusing on oil exploration and production companies.

Ocean Energy has appointedBruce Busmire Vice President, Investor Relations.

IFP (Paris) has namedVan Bui Tranas Director of the group's technology division, replaced Jacques Cretin, who is retiring.

Noble Drilling Corporation has appointedWilliam C. Hoffman as Vice President of Western Hemisphere Operations, Glen D. Hale as President of Triton Engineering Services, Jimmy L. Puckett as Division Manager of Gulf Coast Marine Operations, Bernie G. Wolford as Division Manager of Brazil Operations, and William W. Rhone as Director of Materials Management.

TGS-NOPEC Geophysical Company has appointedPierre Benichou as President of its Africa, Middle East, and Far East Division.

LOGIC (Leading Oil & Gas Industry Com petitiveness) in the UK has recruitedDr. Chris Freeman, ex-Lasmo, as its Chief Executive.

Britain's Offshore Contractors Association (Aberdeen) has appointedBill Edgar of Wood Group Engineering as Chairman and Don Wright of Barmac and Neil Bruce of AMEC become Vice-Chairmen.

TransCoastal Marine Services has appointedVictor E. Gibson as Senior Vice President and General Manager of the Fabrication & Offshore Group, D. Douglas Bassas Senior Vice President, and Warren Williams as CFO.

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Nalco/Exxon has namedKaren Minyardas Worldwide Marketing Manager for the firm's Additives Group.

Cajun Tubular Services has promotedTim Mussoto Vice President of Sales and Marketing.

Santa Fe International has namedSeals M. McCarty as Senior Vice President and CFO.

Sondex has appointedKevin Adamas North Sea Manager of its new base in Aberdeen.

Dresser-Rand has namedMalachy W. Finnen as Vice President-General Counsel.

ITT Industries has namedPaul Baldettias President of the Industrial Pump Group.

MDC Technology has appointedGreg McCormack as Business Development Manager for the hydrocarbon industry.

Waukesha Engine Division has appointedPaul Cannestra to Vice President - Sales.

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Keith Grimes is the new Group Sales Director at pipeline engineers PII Group (Cramlington, UK).

MDC Technology (Houston) has namedGreg McCormack as Business Development Director for the Hydrocarbon Industry.

Weir Pumps (Glasgow, UK) has namedStuart Oakley as Director of Oil, Downhole and Subsea Products.

Neil Mitchell has joined Corrintec (Aberdeen) as Business Development Manager.

Cadcentre (Cambridge, UK) has namedMike Bezzant Vice-President of International Sales in Europe, the Middle East, Africa, and South America.

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Peter Brotherhood (Peterborough, UK) has promotedStephen Fitzpatrick to Managing Director.

SIP (UK) has appointedSteve Spencer as Director of Marketing.

Ola Rollen is the new President of AB Sandvik Steel (Sandviken, Sweden).

Phillip Walsh has joined CRP Marine (Skel mers dale, UK) as Cable and Flowline Protection - Sales Engineer.

Rob Tissington has been appointed to head up Aker Maritime's new engineering site in Luanda, Angola.

Prebon Energy has appointedThiang Cheong Sheng as Director of Business Development, based in Singapore.

Clock Spring Company (Houston) has appointedPatrick Porter as Manager-Technology Development.

Nova Technology (Lafayette, Louisiana) has appointedSebastian Patout as Sales and Marketing Manager.

Compressor Systems Inc. (Midland) has appointedErich Hardawayas Vice President.

Venture Production (Aberdeen) has appointedJon Murphyas Executive Director, responsible for business planning. Andy Bostock has become North Sea General Manager, with Jim Lee-Young filling a similar role for activities offshore Trinidad.

Global Industries announced thatEdgar Hotardhas decided not to continue as President and Chief Operating Officer of Global Industries in order to pursue other opportunities, but will continue to serve on the Board of Directors of Global Industries. William J. Doré, Chairman and Chief Executive Officer, will re-assume the title of President. The company also announced the promotions of Rick Wiggins to Vice President - Worldwide Operations, George Friedel to Vice President - Gulf of Mexico, and Bob Patrick to Vice President - Central/South America and West Africa.

Kvaerner Oil & Gas (Oslo) has namedJan Jorgensenas head of global operations, as the company shifts its focus away from traditional large-scale fabrication more towards subsea and process technologies. A new Field Development division

is headed byOtto Soberg in Oslo. Another new division, called Modifications, Maintenance and Operations will be led by Alan Wilson in Aberdeen.

Alasdair Buchanan is the new Region Manager for BJ Services' European Well Services Division (Aberdeen).

Waukesha Engine has appointedWilliam McCormick as Vice President - Engineering and Lloyd S. Beauchamp as Vice President - Sales.

Mergers, Acquisitions & New Companies

Aker Maritime and J Ray McDermott have agreed to market spar platform solutions separately from each other for future projects. The dissolving of the spar-cooperation between the two companies is a result of market demands for more flexibility for deliveries of such floating offshore platforms.

Expro Group (Scotland) has acquired Tripoint Inc. (Lafayette, Calgary) to expand North America deepwater operations.

Ocelot International Ltd has acquired Shell Petroleum N.V. 45% interest in a light oil producing facility in the Democratic Republic of the Congo.

Wood Group Engineering (Aberdeen, Scotland) has acquired Alliance Engineering(Houston).

pennNet and EBCO have formed Oil & Gas Journal Exchange to conduct Internet auctioning of oil and gas properties.

Unocal Spirit Energy 76 has acquired the assets of Tana Oil and Gas Corporation (12 properties; nine platforms).

Siemens Energy & Automation has acquired Moore Products Co. for $170 million.

Litton Marine Systems andAlewijnse Group have formed a partnership to supply integrated navigation and control systems.

Baker Energy and Montrose Scota Training International have formed a joint venture to provide fire and safety training for Gulf of Mexico operations.

Swaco(MI) has acquired SCC Environmental Group of St. Johns, Newfoundland.

Stolt Comex Seaway has acquired ETPM(Paris).

Company News

SBM/Imodco is the new name for Imodco. Imodco and SBM are subsidiaries of IHC Caland.

Dynamic Industries of New Iberia, Louisi ana (US) announced a $3 million facility expansion plan.

Algoma Steel (Canada) will lease a seamless steel pipe manufacturing facility in Ontario, Canada to Siderca S.A. (Argentina).

Dresser-Rand (Houston) said it is seeking a supplier of gas turbine engines for its compressor packages, following cancellation of a contract with GE.

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Importing innovation from other fields
IIC is applying innovative technology from other industries to the offshore oil and gas market. The company has developed an autonomous device called the Micro Rig (above ). This is a 30 ft, 105 pound, re-programmable, intelligent, wireless tractor device that can enter a flowing well, perform a light workover function and return to surface. Another tool the company is working on is this crab-like device (right), which could perform a variety of seismic placement activities in deepwater and high-surf areas. These products were mislabeled in the December 1999 issue of Offshore.