Service Companies & Manufactures

Emerson has announced the release of Roxar Tempest™ 8.3, its integrated reservoir engineering suite that offers tools for advanced reservoir management and flow simulation. The latest release takes automation a step further and focuses on increasing user productivity, for a superior understanding of the reservoir and its potential for return …

Nabors Industries Ltd. today reported third quarter 2018 operating revenues of $779 million, compared to operating revenues of $762 million in the second quarter, a 2% increase.  Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $105 million, or $0.31 per share, …

Halliburton Company (NYSE: HAL) today released the Illusion® Spire, the first fluid efficient dissolvable frac plug. This offering expands on the capabilities of current dissolvable plugs, but with a larger internal diameter and less mass for greater efficiency. In the unconventional market, the time to bring a well on production …

Weatherford International plc (NYSE: WFT) reported a net loss of $199 million, or a loss of $0.20 per share, for the third quarter of 2018. This compares to a net loss of $256 million, or a loss of $0.26 per share, for the third quarter of 2017. The non-GAAP net loss for the third quarter of 2018, …

National Oilwell Varco, Inc. (NYSE: NOV) today reported third quarter 2018 revenues of $2.15 billion, an increase of two percent compared to the second quarter of 2018 and an increase of 17 percent from the third quarter of 2017. Operating profit for the third quarter of 2018 was $73 million, or 3.4 percent …

The following contains forward-looking statements concerning future events. These forward-looking statements are based on current information and assumptions of TMK management concerning known and unknown risks and uncertainties. 3Q 2018 shipments data is preliminary and may be adjusted.  TMK, one of the world’s leading producers of tubular products for the oil …

New lightweight DuPont™ Nomex® Comfort fabric couples comfort with proven protection DuPont Safety & Construction today announced the launch of Nomex® Comfort, an innovative lightweight fabric combining the legendary flame resistant (FR) protection of Nomex® with enhanced comfort and breathability. “In talking with safety managers and wearers, we understood that …

Alisher Sultanov, Deputy Prime Minister of the Republic of Uzbekistan, Chairman of the Board of Uzbekneftegaz JSC, held meeting 6 August 2018 with Joe Rainey, President of Eastern Hemisphere at Halliburton Company. Halliburton is an American transnational corporation, one of the world’s largest companies providing services in the oil and …

Weatherford International plc today announced it has signed a definitive agreement to sell its laboratory services business to a group led by CSL Capital Management, L.P. for $205 million in cash. Under the agreement, Weatherford will divest its laboratory and geological analysis business, including personnel and associated contracts. After exiting the laboratory business, Weatherford will …

Arconic has developed new lightweight aluminum-alloy drill pipes in its Samara (Russia) facility, and they have successfully passed rigorous quality and field trials in Siberia. After seven months of testing, Siberian Service Company, a market leading domestic drill company, has issued an official reference letter that opens new opportunities for …