Petroleum industry
Origin International, the global IT services provider, and SoftTech, the Saudi Arabian software firm, have been awarded a multi-year contract by Saudi Aramco to implement SAP AG's flagship software, SAP R/3. This implementation is one of the largest in the oil industry and marks a significant milestone
Petroleum industry
Anchorage police and Alaska State Troopers are investigating the death of a 42-year-old man found on a popular hiking trail over the weekend. Charles Bert Talbert, a resident of Anchorage, was last seen alive on September 22 at a grocery store near Northern Lights and Minnesota Drive. His body was
Petroleum industry
Senior industry sources believe PowerGen and Eastern, two of Britain's largest generators, are close to signing long-term coal contracts with Richard Budge, head of RJB Mining, which operates most of the country's deep-coal mines. This announcement could boost the image of Peter Mandelson, Secretary of State
Petroleum industry
British Energy plc, one of the UK's largest utility companies, has selected MCI Systemhouse to provide a comprehensive range of network management and computer support services for its eight nuclear power stations. The $38 million contract will cover a five-year period and will see Systemhouse provide on-site support
Gas industry
Unisys Corporation has set a new SAP R/3 standard application benchmark record for Windows NT platforms using the SQL Server 7.0 database environment. The record-breaking performance was achieved on Unisys Enterprise-class Windows NT QS/2 servers, which delivered an average dialog response time of 1.91 seconds while
Gas industry
Brazil's National Petroleum Agency (ANP) will release final rules governing open access on its natural gas pipeline network, formerly controlled by Petroleo Brasileiro (Petrobras). The rules will provide a framework for open access to the pipeline network, allowing other companies to transport natural gas through the system. This
Petroleum industry
Canada's leading oil and gas producers struggled to maintain profitability in the second quarter as low crude oil prices left them with significant losses. Despite strong gas prices, the country's top 11 producers posted a combined deficit of C$36 million, with Gulf Canada Ltd. being
Petroleum industry
Turkmenistan has seen negligible development in its energy base since independence, with minimal foreign investments made to meet future demand. The country relies heavily on a welfare system, inherited from the Soviet era, to cater to local energy needs. Despite presidential decrees aimed at providing free basic necessities to citizens,
Petroleum industry
Enterprise Oil, a UK-based oil explorer, is forecast to experience a significant decline in profits due to the recent 30% drop in the oil price and a 5% decrease in production to 219,000 barrels a day. Despite this, the company is expected to remain in the black, but with
Petroleum industry
Standard & Poor's recently affirmed the single-'B'-plus corporate credit and senior debt ratings on Triton Energy Inc. following the company's announcement of a significant investment by Hicks, Muse, Tate & Furst Inc. The investment of up to $350 million will be used
Gas industry
The Carr Gottstein Foods Co. remained Alaska's top private-sector employer in 1997 for the seventh consecutive year, according to the state's Labor Department. Providence Alaska Medical Center ranked second, with the Fred Meyer chain taking third. The list highlights the growth and decline of various industries
Gas industry
Oil exploration group Cairn Energy is preparing to share its dissatisfaction with the Bangladesh government over the allocation of licenses in the recent licensing round. Cairn, in partnership with Shell, had applied for six blocks but was granted a share in only one. This decision has sparked concern that Cairn
