Service Companies & Manufactures

VEERUM, a Calgary-headquartered SaaS provider in the asset visualization and construction sector, today announced the closure of a funding round led by Evok Innovations. The strategic investment of $2.5M from energy leaders Suncor and Cenovus, InterGen Capital along with existing investors will be used for product development and sales of …

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, is pleased to announce that its Russian licensee LLC Gusar (‘Gusar’), has successfully installed the first wellhead for Gazprom as part of the previously announced contract to …

We are proud to announce that Asset Integrity Engineering (AIE) and Maersk Training (MT) DWC-LLC, an independent business unit with worldwide training capabilities, have signed a collaboration agreement to globalize and expand their training services. Amongst the objectives of the collaboration, both parties aim to increase the reach of their …

Halliburton Company today announced an asset acquisition of a new portfolio of electro-mechanical downhole cutting tools and tubing punches from Westerton (UK) Ltd. These services provide operators with a safe and reliable alternative to traditional pipe recovery and intervention across the well lifecycle from exploration to abandonment. The electro-mechanical downhole …

Kvaerner is taking new steps to increase competitiveness and position the company for future growth. At the Group’s advanced facilities at Stord, the capacity in the yard area, storage area and offices is expanded. In addition, Kvaerner establishes its own inhouse capacity to supply insulation boxes, which often makes up …

Schlumberger today introduced the Ora* intelligent wireline formation testing platform at the SIS Global Forum 2019 in Monaco. The platform leverages a new architecture and metrology for enhanced performance, enabling dynamic reservoir characterization in all conditions, including where previously impossible. The Ora platform is rated to 200 degC (392 degF) and …

Simulator training to prepare crews for the specific drilling conditions at Blackrock off Shetland has proved so successful it is being rolled out across other projects. Siccar Point Energy commissioned the mobile ‘On-the-rig’ (OTR) drilling simulator, which is designed and manufactured by advanced simulator developer, Drilling Systems, to train Diamond …

Immerse, a leading provider of measurable, scalable VR training for business, has announced its partnership with Libra Europe Consulting (LEC). LEC will be incorporating the Immerse Software as a Service (SaaS) platform into their existing bespoke consulting practice.  LEC’s vision for the next generation of training has VR at its heart, …

GeoSoftware, part of CGG’s Geoscience division, has announced that machine learning technology in Python ecosystems will be available in upcoming releases of its flagship HampsonRussell and Jason reservoir characterization solutions. Already attracting considerable industry interest in GeoSoftware’s PowerLog petrophysical software, Python ecosystems in HampsonRussell and Jason will let experts and …

Weatherford International plc, one of the largest multinational oilfield service companies, has announced the signing of a five-year Corporate Procurement Agreement with Saudi Aramco to deliver cementation, completions, liners, solid expandables and casing exit technologies. The agreement establishes a foundation for future collaboration between Weatherford and Saudi Aramco, built on …