Divestco has sold a total of $9.3 million new shares to First Associates Investments, Northern Securities and investors. Proceeds will fund capital expenditures and ‘general corporate purposes’.
Austin Geomodeling Inc. has signed with Reservoil to represent the company in India.
Mohammed S. Al-Jawad, assistant professor in the Petroleum Engineering department of the University of Baghdad, has contributed a paper to the OilIT.com online archive on the use of SimBestII to study fractured reservoirs. SimBest was marketed by Scientific Software-Intercomp some years ago. Any companies willing to supply the University with more up to date software should contact mohaljawad@yahoo.com.
Common Data Access has appointed Colleen Bonthron commercial manager. CDA is currently in the process if re-tendering for the running of its UK data store’s operation.
CGG has acquired Norway-based seismic contractor Exploration Resources (ER). CGG was especially attracted by ER’s seabed acquisition unit, Multiwave. ER also recently acquired a System One acquisition system from CGG competitor, Input-Output. Fugro, another ER suitor, threw in the towel following the CGG offer. CGG has also named Christophe Pettenati-Auzière VP Geophysical Services.
EDS has named Ray Cline VP of innovation and integration. Cline was previously with SAIC.
Co-founders Bob Ashauer (president) and Cal Fairbanks (CEO) have resigned from ElectroBusiness. Bryan Kelly is the new CEO.
Geoservices has sold its Well Testing unit to PowerWell Services of Houston.
Greg Hess has resigned as VP Business Development & Technology from Kelman Technologies.
Guy Gueritz has moved from LinuxNetworx to HP’s workstation division.
Former Schlumberger sales executive Jim Railey has joined The Harbour Group as Business Development Executive in the Oil and Gas practice.
Invensys has appointed Nabil Kassem VP and General Manager for its Middle East unit. Kassem was previously with Schlumberger.
New Century Software has hired Robert Brook as Business Development Manager. Brook was previously with ESRI Canada.
Mike Jackson is to head up the new Centre for Geospatial Science at the University of Nottingham (UK). The center has support from the Open Geospatial Consortium.
David Douglas is to head up Ogre System’s new Houston office. Earlier this year, a Houston based investment group purchased the assets of Ogre Partners to form Ogre Systems.
BJ Services has appointed James Curtis to technical manager of its Aberdeen-based Well Services Division.
OpenSpirit now offers developers an online forum for 24x7 real-time assistance via threaded correspondence, archived support information and support downloads.
Paradigm has appointed Jorge Machnizh as COO and David Verdun to VP R&D. Both hail from Input-Output.
The Peak Group has appointed Clarke Denney to operations manager of its Houston office and Nick Muecke to its Asia Pacific operations in Perth, Australia.
The Pipeline Open Data Standard Association (PODS) now includes Michael Baker Corp., CITGO and Texas Gas.
Recent new members of the Public Petroleum Data Model Association include Amerada Hess, Capstone Energy, Chesapeake, Chevron and Pemex.
Ryder Scott has hired petroleum engineers Mark McCloskey and Larry McHalffey.
SAIC is going public with an IPO scheduled for early next year.
Stanford University is to kick-off an R&D consortium on ‘Smart Fields’ real time production modeling and optimization.
WellPoint Systems has appointed Wanda Dorosz to its Board of Directors.
Correction
Ryall Fox from Bentley Systems points out an error in our interview with Anne-Marie Walters (OITJ Vol. 10 N° XXX). Contrary to what we reported, Bentley has not acquired Intergraph’s PDS division. We apologize for the error.
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