UH to open first subsea engineering masters program in 2013

Reporter- Houston Business Journal

The University of Houston has plans to offer the fist subsea engineering graduate program in the U.S.

The local university recently said the Texas Higher Education Coordinating Board approved the school’s proposal to offer a graduate subsea engineering program. The program, which is expected to begin in the fall of 2013, will complement the school’s existing subsea engineering certification program.

UH said it partnered with leading energy engineering companies to create a master’s subsea engineering program with lectures and hands-on software education for subsea systems design.

“UH received tremendous input for both of the subsea programs from industry experts, including Cameron, FMC Technologies and GE Oil & Gas,” Matthew Franchek, founding director of UH’s subsea program and a mechanical engineering professor, said in a statement.

Subsea engineers are expected to design, install and maintain oil and gas drilling and production equipment tools and infrastructure under thousands of feet of water.

Last year, UH said it began its subsea engineering certificate program because the oil industry had an increased demand for these types of employees.

Molly Ryan covers manufacturing, technology, the Port and logistics.

Source

National Oilwell Varco Gives $905,000 to UH’s Subsea Engineering Program

Mb50's "Liquid Mud" Rant

Laura Tolley
ljtolley@uh.edu

November 6, 2012-Houston

National Oilwell Varco (NOV) is giving $905,000 to the University of Houston’s subsea engineering program to further research initiatives and develop a computational laboratory.

NOV’s gift will be used to establish the National Oilwell Varco Computational Engineering Laboratory and to conduct contractual research for UH’s subsea engineering program and NOV.

The computational lab will be used to perform detailed computational calculations on complex subsea equipment that must operate under high-temperature and high-pressure oil and gas conditions that occur in ultra-deep subsea reserves.

The lab also will support the subsea engineering curriculum and students, enabling them to complete capstone design projects using the latest in computational subsea engineering tools.

Recently, UH received the state’s approval to offer the nation’s first subsea engineering graduate program, which will teach the scientific and technical skills necessary to create the first generation of formally trained subsea…

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Worldwide Field Development News Sep 14 – Sep 20, 2012

Mb50's "Liquid Mud" Rant

This week the SubseaIQ team added 4 new projects and updated 25 projects. You can see all the updates made over any time period via the Project Update History search. The latest offshore field develoment news and activities are listed below for your convenience.

N. America – US Alaska

Another Setback for Shell in the Arctic

Sep 17, 2012 – After battling through federal regulatory issues and environmental lawsuits, Shell’s Chukchi Sea exploration drilling program has gotten off to a rocky start. Soon after spudding the first well, the Noble Discoverer (mid-water drillship) was forced to move off location for a short time due to an encroaching ice floe. The latest setback occurred when the containment dome – used to contain uncontrolled oil flowing from a subsea wellhead – was damaged during testing. Without an operational containment dome, the company will not be able drill into oil-bearing zones. However…

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USA: NOV Posts Solid 1Q Results

Mb50's "Liquid Mud" Rant

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National Oilwell Varco, Inc.  today reported that for its first quarter ended March 31, 2012 it earned net income of $606 million, or $1.42 per fully diluted share, compared to fourth quarter ended December 31, 2011 net income of $574 million, or $1.35 per fully diluted share.

The first quarter 2012 results included transaction costs totaling $7 million pre-tax, and, excluding these, earnings were $612 million, or $1.44 per fully diluted share. Earnings per share improved 44 percent from the first quarter of 2011 and five percent from the fourth quarter of 2011, excluding transaction and devaluation charges from all periods.

Revenues for the first quarter of 2012 were $4.3 billion, an increase of one percent from the fourth quarter of 2011 and an increase of 37 percent from the first quarter of 2011. Operating profit for the quarter, excluding the transaction and devaluation charges, was $881 million, or…

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