Service Companies & Manufactures

Calfrac Well Services Ltd. is pleased to announce that it has entered into an agreement with Peters & Co. Limited, as lead underwriter on behalf of a syndicate of underwriters to be formed (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a private placement basis, …

Aspen Technology, Inc., a leading provider of software and services to the process industries, announced it has acquired Mtelligence Corporation (known as Mtell), a San Diego, California-based pioneer in the field of predictive and prescriptive maintenance for asset performance optimization. Mtell products enable companies to increase asset utilization and avoid …

Effective November 15, 2016, Douglas Stephens will assume the role of president and chief executive officer of Frank’s International.  Mr. Stephens was most recently with Baker Hughes, Inc. where he was president of the global pressure pumping division and responsible for its worldwide tubular running and pressure pumping business.  Prior …

The Board of Directors of Weatherford International plc, in recognition and appreciation of outstanding vision and years of service, has named Dr. Bernard Duroc-Danner as Chairman Emeritus. In this honorary and advisory role to the Board of Directors, Dr. Duroc-Danner will not receive any remuneration for his role and will …

Rubicon Oilfield International (“Rubicon”) today announced it has acquired Top-Co Holdings Inc. (“Top-Co”), a global leader in the supply of oilfield casing, cementing and completion products. Terms of the transaction were not disclosed. This transaction further strengthens Rubicon’s robust portfolio of Well Construction solutions, enabling the organization to offer one …

In recent years Agility Area East Europe has proved itself as the strong player at Project logistics market. Agility has been actively leveling its position between project logistics and general cargo services. The feedback is already visible. Agility significantly expanded the list of clients interested in general cargo transportation. Now …

Lloyd’s Register (LR), the global engineering, technical and business services organisation, has acquired RTAMO Ltd, a software enabled consultancy based in Aberdeen which provides cutting edge data-driven solutions designed to reduce maintenance costs for asset owners. Real-time data-driven service revolutionises how critical infrastructure is maintained – offering asset owners smarter, …

Weatherford International plc announces the departure of Bernard J. Duroc-Danner, Chairman of the Board, President and Chief Executive Officer effective immediately.  Mr. Robert Rayne, current Vice Chairman of the Board, will serve as Chairman of the Board.  Mr. Krishna Shivram will lead the Company as interim Chief Executive Officer, and …

Schlumberger introduced today at the Abu Dhabi International Petroleum Exhibition & Conference AvantGuard* advanced flowback services. These services protect the connection of the hydraulic fracture to the wellbore to optimize productivity in conventional and unconventional wells. AvantGuard services comprise flowback design and proactive fracture protection that complement fracturing operations. Damage …

OpenPath Sequence service maximizes wellbore coverage to increase production in conventional and unconventional reservoir completions Schlumberger today announced the launch of OpenPath Sequence* diversion stimulation service. The new service sequentially diverts acid into additional clusters or zones to maximize wellbore coverage, resulting in more precise treatment placement and greater production …