Tendeka Completes Technology Field Trial with Major Operator to Improve Performance of Deepwater Gulf of Mexico Assets
Cascade³ sand control system developed to extend well life and prevent damage from injection shutdowns – To improve and control flow in water injection wells, independent global completions service company Tendeka, has completed a successful field trial with a major operator to test its sand control technology, Cascade³. Cascade³ is …
Mammoet: Opening First Office in Aktau, Kazakhstan
Mammoet is pleased to announce the opening of its first office in Aktau, Kazakhstan. The company will operate out of Kazakhstan as a Mammoet-Kasmashal joint company, employing up to 40 employees in the startup. With a number of orders already secured in the region, the new facility brings Mammoet closer …
Baker Hughes, a GE company Reaches Agreement to Sell Natural Gas Solutions Business
Baker Hughes, a GE company today announced an agreement to sell its Natural Gas Solutions (NGS) business to two separate entities, First Reserveand Pietro Fiorentini S.p.A., for a combined value of $375 million. NGS is part of BHGE’s Turbomachinery & Process Solutions (TPS) segment, providing commercial and industrial products such as gas meters, …
TMK Announces 1H 2018 Operational Results
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. 2Q 2018 shipments data is preliminary and can be adjusted. TMK, one of the world’s leading producers of tubular products for the oil …
Weatherford Announces Latest Long-Stroke Pumping Unit
New Rotaflex Design Reduces Lifting Costs and Accelerates the Transition to High-Performance Rod-Lift Weatherford International plc announced the commercial release of a new Rotaflex® long-stroke pumping unit that improves artificial-lift efficiency in challenging applications including deep, high-volume and high gas-to-liquids wells. The new Rotaflex design extends the functionality of a …
Kreuz Subsea Completes Executive Team with CFO Appointment
Global integrated subsea services business, Kreuz Subsea, has announced the appointment of Thomas Liew as the group’s chief financial officer. His arrival completes the company’s reorganisation phase of its international growth strategy. Mr Liew has more than 20 years’ experience in senior financial positions, leading multi-entity organisations in the Asia …
Proven Technology for Improving Subsea Cable Insulation without Costly Intervention
Subsea electrical systems face a number of risks to their integrity. The cost of a failure of such a system can run into millions in terms of lost production and repairs. The return on investment of a system that can maximize system availability and integrity can, therefore, be rapid. Modern …
Hardbanding Solutions: Produces Instructional Films Before Launch of SkyGo Mobile Hardbanding
In preparation for the launch of our fully mobile hardbanding range, SkyeGo, Hardbanding Solutions have this week been working with Urbancroft, a multi-award winning film production company. Three training films will be shot; ‘Health and Safety and Set Up’, ‘Standard Hardband Application’, and ‘Remove and Repair’. We hope this series …
Weatherford to Sell Drilling Rigs business in Kuwait, Saudi Arabia and Algeria
BAAR, a subsidiary of Weatherford International plc has signed a definitive agreement with ADES International Holding Ltd. for the sale of Weatherford’s land drilling rig operations in Algeria, Kuwait and Saudi Arabia as well as two idle land rigs in Iraq, for an aggregate cash purchase price of $287.5 million. …
Archrock Appoints Doug Aron As Senior Vice President And Chief Financial Officer
Archrock, Inc. have announced that Douglas S. Aron has been appointed Senior Vice President and Chief Financial Officer, effective August 13, 2018. Mr. Aron, 44, brings extensive energy industry experience, previously serving in various senior roles at HollyFrontier Corporation and its predecessors for more than 15 years, including as Executive Vice President and Chief Financial …