Sophie Zurquiyah will become the new CEO of CGG after the company’s annual general meeting on April 26, CGG announced Monday.

Previously the company’s chief operating officer and senior executive vice president in charge of the GGR segment, spacer spools adapter spools technology and global operational excellence, Zurquiyah joined CGG in 2013 after 22 years in the oilfield services industry working for Schlumberger.



Reuters

LONDON, March 26 (Reuters) - The UK North Sea is set to resume a two-decade decline in oil oil rig flanges gulf coast production next year, snapping a brief period of growth since 2015, consultancy Bernstein said in a report on Monday.



OGIC Investing in New Oil, Gas Technology
OGIC invests more than $426,000 into 3 new projects 'which have the potential to cut operational costs and improve efficiency in the oil and gas industry'.



Fluor Scores Another Texas Gulf Coast Contract Win
Fluor says that it's the company's fifth major construction project in Freeport in six years.

MEGlobal, a unit of Kuwait-based EQUATE Petrochemical Co.



Reuters

NEW YORK, March 26 (Reuters) - Crude oil futures slipped on Monday as investors cashed in some profits from last week's rally but concerns about Saudi-Iran tensions kept losses in check.



Chrysaor Deal 'Prime Example' of Getting Assets Into the Right Hands
Chrysaor's deal to acquire Spirit Energy's interests in the Armada Area fields in the central North Sea is a prime example of getting assets into the right hands, says Wood Mackenzie's Fiona Legate.



Oil & Gas UK: 2018 Could Be a Good Year for the UKCS
The UKCS could be in for a good year, according to Oil & Gas UK lead business adviser, Ross Dornan.

2018 could be a good year for the UK Continental Shelf (UKCS), Ross Dornan, lead business adviser for industry body Oil & Gas UK, has confirmed.



Big Data Goes Bust
Despite a few years of boom for the concept of 'Big Data,' the term itself is old news.

Back in 2012, Steve Lohr writing for the did average folks a favor and introduced us to “Big Data.



TechnipFMC announced Friday that it has agreed the terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe (HFP) for use in offshore applications.



Asian Oil, Gas Producers Stepping Up Activity After Long Lull
Asia's oil and gas producers are starting to revive projects aimed at deflating years of ballooning energy imports after new investment dried up following the 2014 industry crisis.

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