The family of an engineer who was among 15 workers killed in a BP plant explosion in Texas–has settled with the energy giant. The transaction is expected to close by the end of next month, subject to normal closing conditions and purchase price adjustments. It bought Oklahoma City-based Kerr McGee for $16.4 billion and Denver-based Western Gas Resources for $4.74 billion. Last month, it completed two major acquisitions. Anadarko is one of the nation’s leading independent energy exploration and production companies. Anadarko is selling the subsidiary for about $4.24 billion and says said the sale will help it reduce debt and refocus its portfolio.
The sale of Anadarko Canadian excludes Anadarko’s interests in the MacKenzie Delta and other Canadian Arctic frontier properties. Houston-based Anadarko Petroleum said today it’s agreed to sell its Canadian subsidiary to Canadian Natural Resources Limited. We hope to see you down at the show.Anadarko Petroleum selling Canadian subsidiary…Family of one of 15 killed in BP Texas City explosion settles…Dell to develop factory in southern Indian state of Tamil Nadu… This event seems to a great opportunity for operators and end users to listen, learn and network on about how IIoT enabled solutions can enable real business value and empower employees to not only survive but thrive in these challenging times. Microsoft's "Executive Insights: The Impact of Digital and IoT in Oil & Gas" (special ½ day session).Panel discussion: The future of IoT and the Industry - Where are we headed?.Presentations from Innovation Partners: Senslytics, OutSystems, Workforce Alpha, Kepware.Maximizing equipment uptime with a complete IoT strategy in the world of Oil & Gas.Optimizing Upstream Operations with Industrial IoT System Architectures.Strategies to deploying robust industrial networking technologies to improve connectivity and networking capabilities between filed and rig operational and control centers.Maximizing production efficiency and output by enabling automated workflows.Panel discussion: Advancements in real time monitoring and surveillance to improve visibility and safety.Cognitive IoT (Watson IoT platform, etc.).