GE Oil and Gas

Hormel Foods Announces the Retirement of Jim Sheehan, Executive Vice President and Chief Financial Officer; Appoints Jacinth Smiley to Succeed Sheehan as Executive Vice President and Chief Financial Officer

Retrieved on: 
Friday, October 29, 2021

Jacinth Smiley, group vice president of corporate strategy, has been named his successor and will become the company's next executive vice president and chief financial officer, reporting to Jim Snee, chairman of the board, president and chief executive officer.

Key Points: 
  • Jacinth Smiley, group vice president of corporate strategy, has been named his successor and will become the company's next executive vice president and chief financial officer, reporting to Jim Snee, chairman of the board, president and chief executive officer.
  • Sheehan's distinguished career at Hormel Foods spans more than four decades, including the last five years as chief financial officer for the company's global operations.
  • Jim was instrumental in establishing Inspired Pathways, a groundbreaking initiative that extends free college tuition to the children of Hormel Foods team members.
  • He was named chief accounting officer in May 2016 and assumed the role of senior vice president and chief financial officer in October 2016.

Newpark Resources Announces CEO Succession Plan And Management Transitions

Retrieved on: 
Monday, August 23, 2021

"We are excited that Matthew has been promoted to President and Chief Operating Officer and will ultimately replace Paul next year as CEO.

Key Points: 
  • "We are excited that Matthew has been promoted to President and Chief Operating Officer and will ultimately replace Paul next year as CEO.
  • We are also very pleased that Lori will take over from Matthew as President of Newpark Industrial Solutions," said Tony Best, Newpark Chairman of the Board.
  • We are confident that Matthew and the rest of our very talented senior management team will continue to execute our strategy and achieve long-term success.
  • Mr. Lanigan stated, "I am honored to have been selected to serve as President and COO and eventually the CEO of Newpark.

Former Baker Hughes Chief Legal Officer William D. Marsh Joins Bracewell's Houston Office

Retrieved on: 
Wednesday, April 21, 2021

b'HOUSTON, April 21, 2021 /PRNewswire/ --Bracewell LLPannounced today that William D. Marshhas joined the firm\'s Houston office as of counsel in the corporate and securities group.

Key Points: 
  • b'HOUSTON, April 21, 2021 /PRNewswire/ --Bracewell LLPannounced today that William D. Marshhas joined the firm\'s Houston office as of counsel in the corporate and securities group.
  • Marsh comes to the firm after 20 years with Baker Hughes, most recently as its chief legal officer.\n"We are thrilled to have Will join the firm," said Bracewell Managing Partner Gregory M. Bopp.
  • Marsh joined Baker Hughes as internal counsel in 1998, rising to the position of general counsel in 2013 and chief legal officer in 2017.
  • During his tenure with Baker Hughes, Marsh oversaw several prominent transactions, including the 2017 merger of Baker Hughes Incorporated and GE Oil & Gas and Baker Hughes\' $6.9 billion acquisition of BJ Services in 2011.\n"Will has overseen some of the most significant transactions in the oil field services sector.

Archrock Selects Detechtion for Remote Monitoring and Control of Natural Gas Compressors

Retrieved on: 
Tuesday, April 20, 2021

"Equipping our compressors with Detechtion\'s telematics solution will drive a more efficient response to downtime events in the field and ultimately help us predict equipment failures before they occur.

Key Points: 
  • "Equipping our compressors with Detechtion\'s telematics solution will drive a more efficient response to downtime events in the field and ultimately help us predict equipment failures before they occur.
  • "\nArchrock is an energy infrastructure company with a pure-play focus on midstream natural gas compression.
  • Archrock is the leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment in the U.S. Archrock is headquartered in Houston, Texas.
  • Detechtion leads the digital transformation and optimization of natural gas compression, oilfield chemicals, and other production operations with Asset Performance Management (APM), Industrial Internet of Things (IIoT) and Mobile Oilfield Management solutions.

Venture Global LNG Announces Hiring of Brian Cothran as Chief Operating Officer

Retrieved on: 
Friday, September 11, 2020

ARLINGTON, Virginia, Sept. 11, 2020 /PRNewswire/ --Venture Global LNG, Inc. announces that Brian Cothran has joined the company as Chief Operating Officer.

Key Points: 
  • ARLINGTON, Virginia, Sept. 11, 2020 /PRNewswire/ --Venture Global LNG, Inc. announces that Brian Cothran has joined the company as Chief Operating Officer.
  • Prior to joining Venture Global, Mr. Cothran served more than 20 years with General Electric and Baker Hughes, after its merger with GE Oil & Gas.
  • Venture Global LNG Co-Chief Executive Officers Mike Sabel and Bob Pender jointly stated, "We are pleased to have Brian join the Venture Global team.
  • Venture Global LNG is also developing the 20 MTPA Venture Global Delta LNG facility, adjacent to Plaquemines.

Venture Global LNG Announces Hiring of Brian Cothran as Chief Operating Officer

Retrieved on: 
Friday, September 11, 2020

ARLINGTON, Va., Sept. 11, 2020 /PRNewswire/ --Venture Global LNG, Inc. announces that Brian Cothran has joined the company as Chief Operating Officer.

Key Points: 
  • ARLINGTON, Va., Sept. 11, 2020 /PRNewswire/ --Venture Global LNG, Inc. announces that Brian Cothran has joined the company as Chief Operating Officer.
  • Prior to joining Venture Global, Mr. Cothran served more than 20 years with General Electric and Baker Hughes, after its merger with GE Oil & Gas.
  • Venture Global LNG Co-Chief Executive Officers Mike Sabel and Bob Pender jointly stated, "We are pleased to have Brian join the Venture Global team.
  • Venture Global LNG is also developing the 20 MTPA Venture Global Delta LNG facility, adjacent to Plaquemines.

Wabtec Appoints Eric Gebhardt as Executive Vice President and Chief Technology Officer

Retrieved on: 
Wednesday, August 26, 2020

Wabtec Corporation (NYSE: WAB) today announced the appointment of Eric Gebhardt to Executive Vice President and Chief Technology Officer, effective September 14.

Key Points: 
  • Wabtec Corporation (NYSE: WAB) today announced the appointment of Eric Gebhardt to Executive Vice President and Chief Technology Officer, effective September 14.
  • In this role, Gebhardt will lead Wabtecs global technology and investment strategy, new product development, and global engineering organization.
  • Prior, he spent nearly 30 years with General Electric in a variety of global engineering and leadership roles where he was responsible for driving the strategic direction for product and portfolio development, including Chief Technology Officer of GE Power, Chief Product Management Officer for Energy Connections, Chief Platforms and Operations Officer for Current, and Chief Technology Officer for GE Oil & Gas, among others.
  • Eric is a powerhouse technology leader and key architect in developing cutting-edge solutions in power generation, transmission, distribution, and utilization, said Rafael Santana, President and CEO of Wabtec.

COVID-19's Impact on the Industrial Valves Industry 2020 and Projections for 2021-2025

Retrieved on: 
Friday, August 7, 2020

The Global Industrial Valves Market stood at around $66 billion in 2019, and is forecast to surpass $84 billion by 2025, on account of extensive use of industrial valves in oil & gas and power industries.

Key Points: 
  • The Global Industrial Valves Market stood at around $66 billion in 2019, and is forecast to surpass $84 billion by 2025, on account of extensive use of industrial valves in oil & gas and power industries.
  • Moreover, growing focus on the development of high-performance smart valves is anticipated to drive the Global Industrial Valves Market through 2025.
  • Technological advancements in the production of crude oil and natural gas from new offshore and onshore fields are being witnessed across the globe.
  • Due to such advancements in the global oil & gas sector and rising investments in the construction of pipelines, the demand for industrial valves from the oil & gas sector is expected to grow until 2025.

Doris Group, AVEVA and Schneider Electric Join Forces to Create Digital Twin Alliance to Address Complex Digital Transformational Challenges for Upstream Oil & Gas Sector

Retrieved on: 
Friday, July 17, 2020

These new solutionswill support the goals of oil & gas organizations to improve asset performance, increase sustainability and maximize return on capital on projects.

Key Points: 
  • These new solutionswill support the goals of oil & gas organizations to improve asset performance, increase sustainability and maximize return on capital on projects.
  • Together, DORIS, AVEVA and Schneider Electric will offer a structured digital and collaborative solution across the lifecycle of projects that will help oil & gas owner operators address many of these challenges.
  • It has four main activities: Engineering Oil & Gas, Renewables, Asset Management and Technical Assistance.DORIS has 1,000 employees, present on every continent.
  • We combine world-leading energy technologies, real-time automation, software and services into integrated solutions for Homes, Buildings, Data Centers, Infrastructure and Industries.

Deep Down Receives Orders Totaling Approximately $2 Million

Retrieved on: 
Tuesday, June 9, 2020

HOUSTON, June 09, 2020 (GLOBE NEWSWIRE) -- Deep Down, Inc. (OTCQB: DPDW) ("Deep Down"), a specialist in subsea oil and gas production control equipment and services, today announced that it has received material orders from two customers totaling approximately $2 million.

Key Points: 
  • HOUSTON, June 09, 2020 (GLOBE NEWSWIRE) -- Deep Down, Inc. (OTCQB: DPDW) ("Deep Down"), a specialist in subsea oil and gas production control equipment and services, today announced that it has received material orders from two customers totaling approximately $2 million.
  • The scope of work for these orders includes providing subsea controls equipment consisting of jumpers, flying leads and an electrical/hydraulic distribution manifold.
  • Deep Down focuses on complex deepwater and ultra-deepwater oil and gas production distribution system technologies and support services, connecting the platform and the wellhead.
  • Deep Down supports subsea engineering, installation, commissioning, and maintenance projects through specialized, highly experienced service teams and engineered technological solutions.