Wood Group Inks 10-Year Hess Deal

Hess Corporation has signed a non-exclusive 10-year global agreement with Wood Group to provide engineering, project management, construction, commissioning, operations & maintenance, integrity management, subsea, and decommissioning services.

The two companies have worked together for more than 25 years on a wide range of projects worldwide.

Robin Watson, Wood Group chief executive, said: “This agreement further solidifies the strong relationship we have with Hess. The ability to consolidate the full breadth of our services under one agreement offers an exceptional level of continuity to Hess and all our clients.

“We look forward to many more years of working together with Hess as we unlock our combined potential to create more efficiencies through innovation. We share the same operational excellence mindset and fully expect to achieve meaningful progress in safety, performance and cost savings.”

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Offshore Site Investigation & Geotechnics Committee 8th International Conference “Smarter Solutions for Future Offshore Developments”

The conference series, which has run since 1979, offers a unique opportunity for geotechnical engineers, geoscientists and academics…

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UTC 2017

The subsea industry has, as all other parts of the oil & gas industry, been seriously rattled by the most severe downturn in the hydrocarbon energy era. However, the realization of what hit us and actions to be taken to sustain a healthy and profitable future is still on-going – unfortunately with thousands of colleagues paying the price by losing their job as one of the most severe consequences. At this time, there are signs that we have reached bottom in terms of most industry indicators, but few experts expect a sharp recovery. Many seem to believe that a slow recovery is what the industry needs in order to avoid an unsustainable capacity build-up, as seen in the period after the financial crisis. Considering the uncertainty of what the future will bring, this year’s UTC Program Committee have decided to challenge all of us to present ideas, experiences, technological innovations, business models and execution models for how to shape our subsea future and explain how and why subsea is the future.
UTC welcomes abstracts based on the topics listed below. If selected, please consider writing a paper in addition to the UTC presentation. From 2017, UTC papers will be published in an international database.

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