Petroleum
Brown & Root Energy Services, a business unit of Halliburton Company, has been awarded a significant contract for the engineering, procurement, construction, and installation of the Malampaya Concrete Gravity Sub-structure (CGS). The CGS will be the first structure of its type to be constructed in the Philippines and will play
Petroleum
Fujitsu Software Corporation has announced the release of Fujitsu COBOL Version 4.0, Enterprise Edition, designed to integrate legacy COBOL programs with Microsoft Visual Studio. This enhancement enables developers to create faster, more flexible, and efficient enterprise solutions. Fujitsu COBOL 4.0 seamlessly integrates with Microsoft's Visual Basic,
Petroleum
Boeing Commercial Airplane Group has chosen GE Information Services' Enterprise System as its electronic commerce infrastructure solution. This powerful message manager and corporate gateway will enable Boeing to exchange and track airplane design and parts information with its suppliers, design partners, and customers. GE Enterprise System will provide Boeing
Petroleum
Automated Transfer Systems Corp. (ATNY), a Colorado-based company, has announced a significant partnership with Renaissance Energy Ltd., a major oil and gas producer in Canada, to develop and commercialize a groundbreaking technology that converts stranded natural gas into clean-burning petroleum fuels. This innovative approach, pioneered by Carbon Resources Limited, a
Petroleum
The oil and gas industries are working diligently towards Year 2000 readiness, with a recent survey revealing that 86% of companies have made significant progress. The American Petroleum Institute and the Natural Gas Council conducted a survey among over 800 companies, showing that 19% have reached the final stage of
Petroleum industry
Saudi Aramco, the largest oil producer in the world, has partnered with Sun Microsystems and Abdulla Fouad Co. to implement one of the largest SAP R/3 enterprise resource planning (ERP) projects to date. The Business Systems Integration Program, managed from Saudi Aramco's Dhahran headquarters, aims to consolidate
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
Phillips Petroleum Company has made a significant move into the Caspian Sea, acquiring a one-fourteenth interest in 10 blocks offshore Kazakhstan as part of an exploration project. The company has signed an agreement with the Republic of Kazakhstan and will work alongside other joint venture owners, including Shell, Mobil, and
Petroleum
Gerard Depardieu, the French film actor, has invested significantly in Pebercan, a Canadian oil explorer listed on the Montreal stock exchange. His stake in the company, which is searching for oil off the coast of Cuba, has resulted in financial losses. Despite this, Depardieu appears undeterred, and there are rumors
Petroleum
Lundin Oil AB, a 50% owner of Sodra Petroleum AB, has reached an agreement with Desire Petroleum Plc to earn a 12.5% working interest in Tranche F, offshore the Falkland Islands. This agreement marks a significant development in the exploration of the North Falkland basin, where Sodra will mobilize
Petroleum
Statoil, a leading oil major, has signed a significant agreement with AspenTech to standardize their production planning and process management systems across two refineries in Denmark and Norway. The project aims to improve operational efficiency, productivity, and profitability by leveraging AspenTech's Plantelligence suite. Under the terms of the
