Service Companies & Manufactures

Nabors Industries Ltd. today announced that it has expanded its Board to seven members and appointed Anthony R. (“Tony”) Chase to fill the vacancy. Mr. Chase is the Chairman and Chief Executive Officer of ChaseSource, L.P., a Houston-based staffing and real estate development firm. He was a founder of mobile phone provider Cricket …

Revenue growth of 19.2% on comparable basis, driven by Fugro’s key markets oil and gas, offshore wind and infrastructure. All divisions showed growth, in particular Marine. EBIT turned positive thanks to significantly improved profitability of the early cyclical marine site characterisation activities. Seabed results impacted by specific project execution issues …

Royal Boskalis Westminster N.V. (Boskalis) has acquired a 62.5% majority stake in the Horizon Group (Horizon) from the United Arab Emirates. Horizon’s main activities include marine geophysical surveys and geotechnical services. Peter Berdowski, CEO Boskalis, “Through this transaction, we are adding an important strategic position to our existing marine survey and …

CGG announces that GeoSoftware, part of its Geoscience Division, has launched a new generation of cloud-ready reservoir characterization solutions. Jason™ 10.0, HampsonRussell™ 10.4 and PowerLog™ 10.0 also feature advanced machine learning capabilities and greater cross-product integration, improving E&P project performance and providing a better understanding of reservoir properties. The three new releases already …

Halliburton Company is pleased to announce it will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia. The Company held a ground-breaking ceremony on Monday, Feb. 18, at the plant’s PlasChem Park location in Jubail. Upon the plant’s completion in 2020, Halliburton will begin local manufacturing of specialty …

First of two offshore cranes has already been replaced Modernisation of a third, already existing crane has been finished Total project duration planned until 2020 Liebherr’s maritime customer service is carrying out an extraordinary modernisation project on Sakhalin Energy’s Molikpaq offshore platform off the Russian island of Sakhalin. Two ram …

Rockwell Automation, (NYSE: ROK), the world’s largest company dedicated to industrial automation and information, and Schlumberger, (NYSE: SLB) the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, announced today that they have entered into an agreement to create a new …

DowDuPont Specialty Products division announced it will divest its DuPont Sustainable Solutions (DSS) business to create a new, independent global operations management consulting firm. The new firm will be led and operated by existing DSS management and supported by Gyrus Capital, an investment firm based in Geneva, Switzerland. Financial information …

Packer Performs Successfully in Single Trip, Saving Operator Millions of Dollars in Blowout Avoidance A 13 3/8-in. Inflow Tech® packer is pulled out of hole. Challenge – This was the longest well that the operator had drilled in the region and the most complex in terms of architecture. The well …

Global drilling and engineering contractor KCA Deutag (KCAD) today announces that its land drilling operation has won new contracts and contract extensions worth approximately $110M. These contracts are for onshore drilling in the Middle East, Russia and Africa. Middle East In the Middle East, KCAD has been successful in winning …