TMK: Announces 3Q and 9M 2018 IFRS Results
PAO TMK (“TMK” or “the Group”), one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the third quarter of 2018 and nine months ended September 30, 2018. 3Q and 9M 2018 Highlights Financial § 3Q …
Schlumberger Introduces New Well Testing Technology
Schlumberger today introduced Concert* well testing live performance technology at the Abu Dhabi International Petroleum Exhibition & Conference. The new technology brings real-time surface and downhole measurements, data analysis, and collaboration capabilities to well testing. In the Concert performance ecosystem, all well test data are digitally integrated via wearable technology, …
PGS Sells OptoSeis® to Geospace Technologies
Oslo, Norway, PGS sells the fiber optic permanent reservoir monitoring solution, OptoSeis, to Geospace Technologies. Terms of the transaction include an initial cash payment at closing of $1.8 million and contingent cash payments of up to an additional $23.2 million over a five-and-a-half year earn-out period. The contingent cash payments …
Schlumberger Introduces New Well Testing Technology
Concert well testing performance real-time technology delivers actionable information for better decision making and safer operations Schlumberger today introduced Concert* well testing live performance technology at the Abu Dhabi International Petroleum Exhibition & Conference. The new technology brings real-time surface and downhole measurements, data analysis, and collaboration capabilities to well …
Core Lab: Acquires Guardian Global Technologies
On September 25th, Core Lab acquired the shares of Guardian Global Technologies, a company based in Pyle, Wales in the United Kingdom. Guardian, with over 20 years of experience, is a technologically sophisticated designer and manufacturer of downhole instrumentation utilized by international oil and gas operators for well completions. Guardian’s …
Plexus Holdings plc: Preliminary Results for the year to 30 June 2018
Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2018. Financial Results Following the completion on 1 February 2018 of the sale of Plexus’ wellhead exploration equipment …
Saltel Industries: Completes Over 60 Wells with Xpandable ECP Packer in Western Siberia
Saltel Industries, records 100% success with its External Casing Packer (ECP), in off-bottom cementing application in Western Siberia. The client, one of the biggest operators in Russia, holds numerous oil fields in West Siberia region, around the city of Novi Urengoy. These fields represent a significant share of its overall …
Halliburton Kicks Off 100th Anniversary by Ringing the NYSE Opening Bell
Halliburton Company, founded in 1919, is kicking off its 100th anniversary celebration by ringing The Opening Bell® today at 9:30 a.m. Eastern Daylight Time. Halliburton President and CEO Jeff Miller will be joined at the event by Halliburton Executive Chairman Dave Lesar and other members of Halliburton management. “Reaching our …
HDPE Work Boats – the Solution for the Marine & Oil and Gas Market
The oil and gas industry requires strong, durable work boats with a long serviceable life. Marsol International Limited have access to a family of workboats made from High Density Polyethylene (HDPE), a material known for its versatile strength and long-lasting durability, which are ideally suited to the harsh working conditions …
Halliburton Releases Intelligent Drill Bit to Optimize Drilling Performance
Halliburton Company (NYSE: HAL) today released Cerebro™ in-bit sensor package, a new technology that obtains performance data directly from the drill bit and analyzes it to optimize cutter engagement, reduce uncertainty and increase drilling efficiency. This new service improves data measurement and overall drilling performance. Cerebro provides an unprecedented view …