Subsea Services Alliance: To Develope Riserless Open-Water Abandonment Module
The Subsea Services Alliance, a contractual collaboration between Helix Energy Solutions Group, Inc. (NYSE: HLX) and Schlumberger, today announced the launch of the development of the first Riserless Open-water Abandonment Module (ROAM). The 18¾-in. large bore system will enhance well abandonment capacity from a well intervention vessel by allowing tubing …
Weatherford: Mario Ruscev Appointed Executive Vice President, President Product Lines and Chief Technology Officer
Weatherford International plc announces that, as of September 30, 2016, Dr. Mario Ruscev has officially begun to serve as Executive Vice President, President Product Lines and Chief Technology Officer for Weatherford International plc, reporting directly to Bernard J. Duroc-Danner, Chairman of the Board, President and Chief Executive Officer. Dr. Ruscev …
Geopro Technology: Opens Malaysian Office
Geopro Technology Ltd (Geopro) is proud to announce the opening of its newest office, in Kuala Lumpur, Malaysia. The office, which is located in the Ilham Tower in downtown Kuala Lumpur, will manage operations across the whole of South East Asia. Geopro’s Malaysian team will initially focus on selling Geopro’s …
Schlumberger: Releases GeoTesting – A New Well Test Design and Interpretation Software
GeoTesting services advance reservoir understanding for increased certainty. Schlumberger announced today at the 2016 SPE Annual Technical Conference and Exhibition the release of GeoTesting* geology-based well test design and interpretation services. GeoTesting services, built in the Petrel* E&P software platform, maximize the value of well tests by integrating geological and …
Blue Water Shipping: Awarded Third Consecutive Transportation Contract with Tengizchevroil
Earlier this year, Blue Water Shipping announced a major contract, in connection with the TCO FGP project, with a value of US$350 million. For this project, Blue Water Shipping is leading a consortium in partnership with Topaz Marine and Energy which will supply 15 specially designed MCVs for the transportation …
Weatherford: Wins Sakhalin Energy Sand Screen and Gas Lift Equipment Contract
Weatherford International plc announced that it has won two large contracts with a super-major operator for sand screens and for upper completions products including gas-lift equipment, chemical-injection equipment, subsurface safety valves (SSVs) and downhole measurement tools. These two multi-year contracts will supply this equipment to multiple rig lines drilling extended-reach …
Wacker Neuson: Wilfried Trepels Appointed CFO
Starting on January 1, 2017, Wilfried Trepels will take on his new role of Chief Financial Officer (CFO) and member of the Executive Board at Wacker Neuson SE. Mr. Trepels takes over the position from Mr. Günther C. Binder, who will be stepping down from the Executive Board. Mr. Binder has been employed …
TMK: Ships Premium Tubular Products for Gazprom Dobycha Noyabrsk’s Chayandinskoye Field
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has shipped a large batch of premium threaded connection pipe to Gazprom Dobycha Noyabrsk. The shipment comprised casing pipe with TMK GF and TMK FMC threaded connections, as well as tubing pipe with TMK …
TechnipFMC: Formed After Technip and FMC Combine to Create New Global Leader
Technip and FMC Technologies, Inc. today announce that the companies will combine to create a global leader that will drive change by redefining the production and transformation of oil and gas. The combined company, which will be called TechnipFMC, would have an equity value of $13 billion based on pre-announcement …
Halliburton and Baker Hughes: Terminate Merger Agreement – BH to Receive $3.5bn
Halliburton Company and Baker Hughes Incorporated today announced that the companies have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. “While both companies expected the proposed merger to result in compelling benefits to shareholders, customers and other stakeholders, challenges in obtaining remaining regulatory approvals …