Service Companies & Manufactures

The Sultanate’s leading pipe manufacturer, TMK Gulf International Pipe Industry (TMK GIPI) LLC, part of global pipe manufacturer TMK, has signed a four-year 200 million USD contract with Petroleum Development Oman (PDO) to produce and supply a variety of pipelines sized 6”-24” diameter. Almost 80% of the awarded contract represent …

Weatherford International plc (NYSE: WFT) and Chevron Thailand Exploration and Production, Ltd., a subsidiary of Chevron Weatherford Corporation, today announced the successful inaugural runs of the HeatWave™ Extreme (HEX) triple-combo logging-while-drilling (LWD) tool string. The first run was completed on September 6, 2016, on a well in the Gulf of …

Emerson Automation Solutions today announced a business collaboration with IPRES (Integrated Petroleum Resource and Economic Service), an international company based in Norway that provides advanced software tools and services to the upstream oil & gas industry. Under the terms of the agreement, Emerson will sell IPRES’s flagship solutions IPRISK® and …

General Electric Co. is in talks to merge its oil-and-gas business with Baker Hughes Inc.,according to people familiar with the matter, a transaction that would dramatically reshape the industrial giant. GE has approached the oil-field-services company about a deal, the people said, but details of the talks couldn’t be learned …

Weatherford Russia was recognized as the Best Directional Drilling Company of the Year by Rosneft at the second specialized Exploration and Production Technologies 2016 Сonference held in Moscow October 4 and 5, 2016. Rosneft, the world’s largest publicly traded petroleum corporation, acknowledged its top contractors in several categories for performance excellence …

Rubicon Oilfield International  announced today that it has completed the acquisition of all of the outstanding common shares of Logan International Inc., a global leader in the supply of oilfield intervention and production tools, for $1.59 CAD per share. This transaction establishes Rubicon Oilfield’s platform for delivery of Well Production …

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has launched a dedicated website to promote TMK Ultra Premium (TMK UP™) premium threaded connections developed by the Company’s experts to its customers. Until the end of October, the web resource will be available in beta …

Tenaris introduced today to customers its new premium threading facility in Aktau, Kazakhstan. The new plant will support Tenaris’s long-term agreement with Karachaganak Petroleum Operating (KPO), plus key operator Tengizchevroil (TCO) and will enhance the service offer to other customers operating in major Kazakhstan fields with commercial, technical, field service and supply chain …

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 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 …