ProjAC at Plastic Pipes Conference XIX -Las Vegas

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PPCA Plastics Pipe Conference PPXIX at the Red Rock Resort in Las Vegas. 

The conference which is held every two years hosted 350 delegates from 24 to 26 September.  The occasion is truly global with forty countries being represented among the attendees.

The almost ninety speakers presented papers on a variety of topics but perhaps the emphasis was more on market development than technical innovation.  Even so there was a variety of papers on the technical aspects of pipe design and installation.

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ALE completes offshore work in Azerbaijan

Under the contract awarded by BOS Shelf, the scope of work included the load-out of two jackets, weighing and jack-up of the topsides, strand jack skidding load-outs, ballasting and mooring and the offshore floatovers for two topsides.

ALE started work on the project in July last year with the ballasting load-outs of the 13,977t production and riser (PR) and the 12,369t living quarters and utilities (QU) platform jackets.

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Chevron profit climbs to $2 billion

Oil major Chevron has joined its industry peers ExxonMobil and Total in recording a profit increase for the third quarter 2017 when compared to the prior-year period. 

Namely, Chevron on Friday reported earnings of $2 billion for the third quarter 2017, compared with $1.3 billion earnings in the third quarter of 2016.

Included in the quarter was a gain on an asset sale of $675 million and an asset write-off of $220 million. Foreign currency effects decreased earnings in the 2017 third quarter by $112 million, compared with an increase of $72 million a year earlier.

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