Merlin ERD: Neil Armstrong and Sanzhar Zharkeshov Win SPE Regional Awards
Merlin ERD reinforce their position as industry leaders in complex drilling as two senior personnel win Drilling Engineering Awards from The Society of Petroleum Engineers (SPE) in separate regions! Neil Armstrong, Engineering Manager, overcame stiff competition to win the highly coveted North Sea regional award, while Senior ERD Engineer Sanzhar …
UK Hovercraft Firm to Support Offshore Oil Rigs in the Caspian Sea with Potential Future Contracts Worth £100m
A leading UK-based hovercraft manufacturer has signed a deal to carry out a study on using hovercraft to clear oil spills and support offshore rigs in the Caspian Sea. Griffon Hoverwork penned an agreement with a subsidiary of Kazakh state oil company KazMunayGas called KMGSS that has the potential to …
Schlumberger Announces Agreement to Acquire Majority Share in Eurasia Drilling Company
Agreement extends successful long-term relationship in the conventional land drilling market Schlumberger announced today an agreement to acquire a majority (51%) equity interest in Eurasia Drilling Company Limited. Closing of the transaction is subject to approval by the Federal Antimonopoly Service of Russia (FAS). The agreement extends the successful long-term …
Blue Water awarded new contract for TCO
A Blue Water Shipping managed consortium is to supply six tugs to assist barges and vessels at Prorva, Kazakhstan As part of the expansion of the Tengiz Oilfield in Kazakhstan, a 75 km CaTRo (cargo transportation route) channel has been built – providing safe passage through the shallow waters of …
Wacker Neuson: Appoint Martin Lehner as CEO
Today, the Supervisory Board of Wacker Neuson SE has named the successor to Mr. Cem Peksaglam (CEO), whose contract expires in August 2017. Mr. Martin Lehner, CTO and current Deputy CEO, has been appointed to the position. Mr. Martin Lehner (51) will take on the role of CEO of Wacker …
Emerson’s Roxar: Launches RMS 10.1 – Delivering Significant Improvements in the Geophysics, Geology and Reservoir Engineering Domains
Emerson’s Roxar RMS 10.1 delivers workflow efficiency gains, enhanced visualization performance and presentation capabilities, and interoperability with Petrel* E&P software platform Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software, Roxar RMS 10.1. Through even greater advances to the seismic to flow simulation workflow …
Centek Group and Ace Oil Tools: Jointly Develop CentrAce Centralizer for Deepwater Applications
Centek Group and Ace Oil Tools AS have jointly developed the CentrAce centralizer, designed specifically for use in tight-tolerance deepwater applications. The CentrAce combines a low profile locked-on Ace stop collar with a close tolerance Centek centralizer. The unit is fitted like an over-pipe, and is pulled into the well …
ROGTEC Magazine to Celebrate its 50th Issue!
ROGTEC Magazine, Russia and the Caspian’s leading upstream focussed technology publication, will celebrate 50 issues when it hits the printing presses in September. First printed in 2004, this industry leading publication has been a constant and reassuring presence in a market that has seen significant changes and challenges over the …
Baker Hughes and GE Oil & Gas Complete Combination: Creating BHGE, the World’s First and Only Fullstream Oil and Gas Company
Baker Hughes, a GE company (NYSE: BHGE) announced today that the transaction combining GE’s oil and gas business with Baker Hughes is complete. The new company is the first and only to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development. Uniquely …
GE and Baker Hughes: Merger Expected to Close 3rd of July
Baker Hughes Incorporated today announced that more than 99% of the votes cast at the special meeting of Baker Hughes stockowners were voted to approve the previously announced combination of Baker Hughes with General Electric Company’s oil and gas business (“GE Oil & Gas”). The combination will create Baker Hughes, a GE company, which will …
