Service Companies & Manufactures

The Supervisory Board of Wacker Neuson SE and Mr. Jan Willem Jongert (member of the Executive Board responsible for sales) have agreed, by fully amicable and mutual consent, for Mr. Jongert to step down from his position earlier than planned due to differences in opinion over the concrete implementation of …

TMK is pleased to announce the launch of a premium threaded and coupled connection targeted for thermal wells.  The new connection, TMK UP ULTRATM GX, successfully completed the testing and evaluation requirements of TWCCEP / ISO PAS 12835 for 290 deg. C application.  The pipes used for qualification testing (9-5/8” …

Schlumberger today announced the acquisition of Peak Well Systems (Peak), a leading specialist in the design and development of advanced downhole tools for flow control, well intervention and well integrity. The addition of Peak’s mechanical and remedial solutions for cased-hole well intervention strengthens the Schlumberger Production Services portfolio with a …

Forum Energy Technologies, Inc. revealed today that it has designed, manufactured, tested and delivered its 350th rotational torque (RT) torque machine to TAM International, a globally recognised downhole inflatable packer leader. The torque machine, or bucking unit as it is commonly referred, was manufactured at the Forum AMC facility in …

National Oilwell Varco, Inc. today announced that it is expanding the operations of its Fiber Glass Systems business unit with a new composite pipe manufacturing facility located near the city of Dammam, Saudi Arabia. “Our decision to localize manufacturing operations in the Kingdom of Saudi Arabia demonstrates our commitment to …

Riser management and subsea blowout preventer service agreements aim to reduce offshore nonproductive time and total cost of ownership Cameron, a Schlumberger company, today announced the signing of two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than $350 million. The first contract calls …

Emerson Automation Solutions has launched the Roxar API (Application Programming Interface), its extensibility solution for reservoir modeling and, in particular, for its industry leading software Roxar RMS™. The Roxar API helps operators customize their workflows to achieve specific goals; improves data management capabilities with greater interoperability and flexibility; preserves vital …

Akastor ASA, an oil service investment company, has entered into a definitive agreement to sell Fjords Processing to National Oilwell Varco for a consideration of NOK 1,200 million on a debt- and cash-free basis. Fjords is a global leader in complete process support systems for gas, oil and water, and …

Weatherford International plc announces the appointment of Mr. Christoph Bausch as Executive Vice President and Chief Financial Officer, effective December 13, 2016.  Bringing many years of financial and operational management experience, Mr. Bausch joined the Company in May of 2016 as Vice President and Controller Product Lines.  Previous to his …

RMS 10 brings enhancements to seismic interpretation, structural and property modeling, reservoir engineering and automation for improved reservoir management, increased productivity and reliable production forecasting. Emerson Automation Solutions has launched the latest version of its reservoir characterization and modeling software. Through a host of new features and greater workflow integration to …