American Oil and Gas Reporter - November 2022 - 85

IndustryFocus: Companies, People and Products
Industry Backs Program For On-the-Job Training
BISMARCK, N.D.-The North Dakota
Tribal College System announces a
new apprenticeship program developed
in partnership with Hess Corp. to improve
educational and employment opportunities
for Native Americans across
North Dakota.
Over the next four years, Hess will
invest $12 million to provide tuition assistance,
stipends and other support for
establishing apprenticeships in a variety
of industries designed by each of the
state's five tribal colleges based on the
local job market and needs of their
tribal communities. Halliburton and
Nabors Industries will each invest $1
million in the new apprenticeship program,
NDTCS reports.
Noble, Maersk Drilling
Complete Combination
SUGAR LAND, TX.-Noble Corp.
and The Drilling Co. of 1972 A/S ( " Maersk
Drilling " ) announce they have successfully
combined. The companies began operating
as a single entity, Noble, on Oct. 3.
According to Noble, the combination
creates significant operational and financial
opportunities for the company's customers,
shareholders and employees through:
· A world-class fleet with young,
high-spec equipment and a track record
of industry-leading utilization;
· Complementary cultures that focus
on best-in-class safety and customer satisfaction,
as well as sustainability and
innovation;
· Highly attractive financial characteristics,
including a contract backlog exceeding
$4 billion and a conservative
balance sheet with low leverage and significant
liquidity; and
· Significant accretion from scale
and synergies, with annual cost synergies
of at least $125 million.
" The fundamental industrial logic of
the combination is clear and has only
grown stronger over the past year, driven
by steady improvements in the offshore
drilling market and a deeper appreciation
of the immense talent across this newly
combined team, " says Robert Eifler, Noble's
president and chief executive officer.
" I look forward to supporting this team
through a rapid integration as we aim to
position Noble as a new and dynamic
leader in offshore drilling. "
For more information, visit www.noblecorp.com.
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NOVEMBER
2022 85
The program will follow the " earn
and learn " model of the apprenticeship
program in place at Lake Region State
College, NDTCS notes. The organization
says the new statewide program will provide
tribal college students with on-thejob
skills training through college work
study, internships and apprenticeships as
they progress toward completing a twoyear
degree or technical certification,
with the possibility of earning a bachelor's
or master's depending on the apprenticeship
position and location. The new apprenticeship
program is scheduled to
begin in January 2023.
" The program . . . is another great example
of our state's private-sector partners
believing and investing in the future of
North Dakota, " says North Dakota Governor
Doug Burgum. " With today's announcement,
Hess, Nabors and Halliburton
are providing essential resources for our
tribal colleges to invest in students in a
way that can spark generational change
and empower people, improve lives and
inspire success. "
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AIS Reengineers Software
For Creating Digital Twins
ABERDEEN, SCOTLAND-Asset Information
Services, a James Fisher company,
announces it has released a radically reengineered
version of its flagship R2S digital
twin software, following successful field
deployment with a long-term customer.
The new version reimagines R2S as a
browser-based, modular platform to boost
accessibility and scalability, and to allow
AIS to push regular, user-generated updates
directly to project teams, AIS details.
The company says R2S now combines
all visual data layers in a single immersive
window, improving usability and enriching
users' experience with their data.
Digital twin technology can help operators-whether
upstream or downstream,
onshore or offshore-maximize efficiency
and returns from their assets while protecting
safety standards, AIS argues. The
company says R2S can shorten the time
to create digital twins from months or
years to as little as 20 days.
For more information, visit www.jfais.com.
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Kinitics
Gets Certifications For Electric Valve Actuator
VANCOUVER, BRITISH COLUMBIA-Kinitics
Automation Ltd. announces
certifications for its Kinitics Valve Actuator
(KVA). The company says the
KVA38 model line is the first product
line to receive certifications for use in
hazardous locations while maintaining
the benchmark of being electrically
powered and highly accurate.
The KVA actuator has been designated
flame-proof according to CSA/UL
60079-0 and 60079-1 standards for operation
in Class I Zone 1 areas where
an explosive atmosphere is likely present
during normal operation and includes
lower classified Zone 2 areas where explosive
gasses may be present only inThe
Kinitics Valve Actuator
from Kinitics
Automation Ltd. is an
electric control valve
actuator that can fail
closed in the event of
a power or signal interruption.
With no
motors or bearings
and only one moving
part, the KVA is inherently
reliable, the
company assures.
termittently, KVA details. As part of
the certification process, the company
adds, the KVA has been evaluated against
the stringent CSA 61010-1,2/UL 610101
electrical safety standards for operation
as a valve actuator in nonhazardous industrial
settings.
" We developed the KVA in response
to the natural gas industry's need for a
zero-bleed valve actuator that can fail
closed in the event of a power or signal
interruption. It fully complies with incoming
environmental regulations and
eliminates the reliance on process gas, "
says Dean Pick, Kinitics' president.
For more information, visit
https://kiniticsautomation.com.
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http://www.jf-ais.com http://www.jf-ais.com https://www.kiniticsautomation.com http://www.noblecorp.com http://www.noblecorp.com
American Oil and Gas Reporter - November 2022

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