Colloquy: Marking the years

Nina Rach

December 1, 2014

Among the notable industry milestones in 2014, organizations commemorated significant anniversaries and acknowledged not just survival, but growth.

Sesquicentennial! – 2014 is the 150th anniversary of the Foundation Det Norske Veritas (DNV) and 1 year since its merger with Germanischer Lloyd (GL).

Centennial! — 2014 marks the 100th anniversary of the adoption of the first-ever international maritime safety treaty. The Safety of Life at Sea (SOLAS) Convention in 1914 was a direct response to the sinking of the Titanic in 1912. The current SOLAS Convention was adopted 40 years ago and the next will be in 2024.

100-year anniversary: ExxonMobil’s

Equipment Builder Group, technical experts and engineers who work with original equipment manufacturers (OEMs) to optimize industrial machinery.

Total has worked in Angola for 60 years. It has twice received OTC’s Distinguished Achievement Award for Companies for major projects in Block 17: Girassol (2003) and Pazflor (2013).

The National Academy of Engineering (NAE) has been “celebrating 50 years of engineering leadership and service” in the US this year.

50 years: Petroleum Exploration Society of Great Britain (PESGB). Read more in the May 2014 issue of OE.

In January 1964, the College of Fisheries, Navigation, Marine Engineering and Electronics opened in St. John’s, Newfoundland, and the Fisheries and Marine Institute of Memorial University of Newfoundland, now celebrates 50 years (www.mi50.ca)

40 years of North Sea operations: Aquatic Engineering and Construction Ltd., an Acteon company.

40 years: SPE Aberdeen section.

30 years Gulf of Suez production:

RWE Dea has produced over 640mmbo from the nearshore Ras Fanar, Zeit Bay and Ras Budran fields since 1984.

30 years in the US: VAM USA LLC supplies premium threaded connections.

25 years international marine service: C-MAR Group was founded in 1989.

IHS recognizes the 25-year anniversary of the IMO ship numbering scheme.

10 years: England’s Proeon Systems has designed, installed, and commissioning control and safety systems.

Big Oil – remember when

135 years ago, in 1879, the Pacific Coast Oil Co. was established, and later (1906) consolidated to Standard Oil of California (Socal).

125 years ago, In 1889, Standard Oil (Indiana) was founded as subsidiary of Standard Oil Trust.

90 years ago, in 1924, the French Compagnie Francaise Des Petroles (CFP) was founded, and assumed the French shares of Turkish Petroleum Co.

80 years ago, in 1934, Anglo-Iranian and Gulf Oil Corp. established Kuwait Oil Co. as a 50-50 joint venture, and Sheikh Ahmed granted KOC a 75-year concession.

75 years ago, in 1939, the Iraq Petroleum Co. (IPC) established the Abu Dhabi Petroleum Co. Ltd. (ADPC) to hold its Abu Dhabi concession.

70 years ago, in 1944, California-Arabian Standard Oil Co., a joint venture of Socal and Texaco, changed its name to Arabian-American Oil Co. (Aramco).

60 years ago, in 1954, Standard Oil of Indiana merged with Pan American to form American Oil Co. (Amoco).

Also in 1954, the Zapata Offshore Oil Co. was formed by Bill Liedtke, John Overby, and George Bush (and consolidated into Pennzoil only 9 years later).

Across the pond in 1954, the Anglo-Iranian Oil Co. Ltd. was renamed British Petroleum.

55 years ago, in 1959, a exploration joint venture between Shell and Esso, called N.V. Nederlandse Aardolie Maatschappij (NAM), discovered the Groningen gas fields in the Netherlands.

Also in 1959, the Texas Oil Co. purchased the Paragon group of companies and adopted the name “Texaco.”

50 years ago, in 1964, Petroleum Exploration, Inc., and Altair Oil and Gas merged to form Mesa Petroleum Co.

45 years ago, in 1969, BP gave up its leases in Alaska, in exchange for 25% equity in Standard Oil Co. of Ohio (Sohio).

40 years ago, in 1974, Enterprise de Recherches et d’Activities Petrolieres (ERAP) began onshore and offshore exploration in Iran. Two years later, it changed its name to Elf Aquitaine Group.

30 years ago, in 1984, Socal bought Gulf Corp. and formed Chevron Corp. Also in 1984, Texaco acquired Getty.

25 years ago, in 1989, the Exxon Valdez oil tanker went aground in Prince William Sound, Alaska, spilling crude.

20 years ago, in 1994, Occidental Petroleum completed its acquisition of Placid Oil Co., which was founded by Texas oil tycoon H.L. Hunt.