Service Companies & Manufactures

Acquisition adds differentiating technologies to portfolio, increasing Nine’s ability to help operators achieve higher performance and lower risk. Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) announced today that it has entered into a definitive agreement to acquire Magnum Oil Tools International, LTD. (“Magnum”), a market-leading downhole technology …

New facies-first technique provides greater geo-model accuracy to optimize reservoir appraisal and assessment. Deriving facies models from the outcomes of seismic inversions, and their derivatives, has become standard practice in reservoir characterization workflows. Although facies classification methods are rooted in Bayesian inference theory, they continue to evolve. CGG GeoSoftware has …

Broad Portfolio of High-Specification Floaters and Jack-ups Diverse Customer Base Includes Most of the Largest Holders of Offshore Reserves Broadest Geographic Presence of Any Offshore Driller Well Capitalized with Combined Liquidity of $3.9 Billion $150 Million of Anticipated Annual Expense Synergies Accretive to Cash Flow Per Share in First Full …

Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Pumpyansky, Chairman of the Board of Directors of TMK, today signed at the 8th St. Petersburg International Gas Forum a Technology Roadmap to launch the production of pipes with built-in recording, processing and switching devices. TMK will provide Gazprom with innovative large-diameter pipes with sensors installed under the protective …

Independent global completions service company Tendeka, has launched the MajiFrac Solution, a new portfolio of applications which aims to reduce water use and pumping time during completion operations in unconventional shale plays in the USA. Unique to Tendeka, the MajiFrac Solution is the combination of a wide range of high-performance …

“14 companies from Alberta province of Canada expressed readiness to open their offices in Kazakhstan and invest into the country’s oil and gas and energy industries,” Laurent Auger, Director, Trade and Investment at Alberta Government, told a conference. The Canadian delegation arrived in Almaty to take part in the KIOGE …

Flux Group’s subsidiary, Flux Active Service, strengthens its distribution agreement with Parker Hannifin, the world’s leading manufacturer of hoses and couplings for the oil and gas industry. Flux Active Service has been awarded a major contract for the delivery of Parker BOP umbilicals to COSL Drilling Europe, and is about …

Drill bit with distinctive-shaped cutting elements reduces drilling costs by improving ROP in soft and plastic rock formations Smith Bits, a Schlumberger company, today launched the HyperBlade* hyperbolic diamond element bit that reduces drilling costs by improving the rate of penetration (ROP), while maintaining steering response and directional tracking in …

Aker Solutions has signed a strategic, global collaboration agreement with Equinor to ensure mutual and continuous improvement on current and future subsea projects within the domains of safety, quality, technology, execution and cost. “Aker Solutions and Equinor’s ongoing collaboration has consistently generated mutually beneficial technology developments, working process simplifications and …

Equinor is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally. For several decades, the subsea segment has been central in developing Equinor and the NCS. Equinor is operating close to 600 subsea wells, which account for a …