Ensco plc and Rowan Companies plc Agree to Combine, Creating Industry-Leading Offshore Driller
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 …
TMK to Design Innovative Sensor-Integrated Pipes for Gazprom
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 …
Tendeka Unveils New Suite of Applications to Safely Cut Costs, Time and Minimise Environmental Risk in Unconventional Reservoirs
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 …
Canada’s Oil and Gas Companies Ready to Invest in Kazakhstan
“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 Active Service Strengthens Position as Parker Distributor in Norway
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 …
Schlumberger Introduces HyperBlade Hyperbolic Diamond Element Bit
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 Strengthens Collaboration with Equinor
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 Strengthening Subsea Collaboration with Aker Solutions and TechnipFMC
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 …
Halliburton Introduces Next Generation Wireline Logging Sensor
High definition technology drives cost efficiency and improves formation evaluation Delivers about eight times more data with less than half the power of traditional sensors Halliburton Company today released the Xaminer® Magnetic Resonance (XMR™) Service, the industry’s only high pressure rated (35,000 psi) downhole sensor that provides comprehensive nuclear magnetic resonance …
Schlumberger Launches New Zonal Isolation Technology
CemFIT Shield system improves cement bonding in long horizontal wells, overcoming challenges due to fluid communication behind casing Schlumberger today launched the CemFIT Shield mud-sealing cement system at the Society of Petroleum Engineers Annual Technical Conference and Exhibition (SPE ATCE). The CemFIT Shield system provides the industry’s first zonal isolation …
