Honeywell: Flow Measurement for Fiscal Metering – How Data Becomes Digital Intelligence
By Tim Vogel, Product Marketing Manager – Gas Metering, Honeywell Process Solutions Today’s oil, gas and petrochemical industries must balance a number of factors – including declining crude prices, rising capital costs, and a continuing demand for high-value products. Improving their performance in this changing environment is critical and dependent …
Polarcus Expands Broadband Multi-Client Project Offshore Australia
Reference is made to the stock exchange notice published by Polarcus Limited (“Polarcus” or the “Company”) (OSE: PLCS) on 21 October 2014 regarding the announcement of a major new multi-client project offshore Australia (the “Capreolus 3D Project”). Polarcus is pleased to announce that the Company has secured further industry prefunding …
Eurasia Drilling Company: Appoint Taleh Aleskerov as CFO
Eurasia Drilling Company Limited has appointed Taleh Aleskerov as Chief Financial Officer commencing April 1, 2015. Mr. Aleskerov has served as Senior Vice President – Finance of the Company’s chief Russian subsidiary since 2007. W. Richard Anderson is resigning as the Company’s Chief Financial Officer effective April 1, but remaining …
J D Neuhaus Hoists Handle Offshore Seawater Pumps
When the seawater pump on an offshore rig needed replacing, an air hoist supplied by materials handling specialists J D Neuhaus, was on hand to provide safe lifting of the components. Seawater pumps are an integral part of the working environment within oil and gas offshore structures. Seawater itself is …
Halliburton and Baker Hughes Merger Receives Shareholder Approval
Halliburton Company today announced that its stockholders approved Halliburton’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes Incorporated. In addition, Baker Hughes today announced that its stockholders adopted the merger agreement and thereby approved the proposed combination of the two companies. …
Tendeka: High Performance Water Swelling Elastomers Save Time and Money in the Bakken
The combination of shale and dolomite in the Bakken and Three Forks formations, and the presence of vertical to sub-vertical natural fractures make open-hole multi-zone completions an effective solution in this play. Swellable packers are used for stage isolation and the cost of a failed packer is one stage of …
Northern Offshore: Negotiates 9 Month Delay of New Construction Jackup Deliveries
Northern Offshore, Ltd. today announced it has negotiated a nine (9) month delay in the deliveries of its high specification jackups, Energy Engager and Energy Encounter from a shipyard in China. The new delivery dates for these units are December 2016 and June 2017 respectively. President and CEO Gary Casswell commented “We sincerely …
Eurasia Drilling and Schlumberger: Merger Update – Deal Extended to 30th April
Eurasia Drilling Company Limited announces that Schlumberger B.V. (“SLB”) and the Company are continuing to cooperate with the Russian Federal Anti-Monopoly Service (“FAS”) and the Commission on Foreign Investment in relation to the proposed merger between the Company and EDC Acquisition Company Limited (“EACL”) and the related transaction with SLB. …
Magma Global: Calash’s Independent Review of Magma’s m-pipe®
Magma Global is the manufacturer of m-pipe®, a carbon fibre PEEK pipe designed and manufactured to be the world’s most reliable subsea pipe for a wide range of exploration and production applications. Magma commissioned an independent report from Calash, the specialist energy sector strategic advisory firm, to analyse the potential …
Mercury Well Control: Jeremy Roemershauser Appointed Vice President of Sales
Mercury Well Control has appointed Jeremy Roemershauser as its new Vice President of Sales based in Houston, Texas. “Due to Mercury‘s rapid growth and direction the market for the Well Control industry is taking us, we needed someone with a certain skill set to help us achieve our goals,” said …