Ingersoll Rand: Launches Latest Man Rider Winch Series
Ingersoll , a global leader in compressed air and gas, power tools, material handling and fluid management, will showcase a new addition to its line of dedicated Man Rider winches at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), the world’s leading oil and gas exhibition and conference. The …
Exterran: Sets Archrock Spin Off Date
Exterran Holdings, Inc. announced today that its board of directors has set a record date and a distribution date for the spin-off of its international services and global fabrication businesses into a stand-alone, publicly traded company named Exterran Corporation. Exterran Corporation has applied to list its common stock on the …
Aker Solutions and MAN Diesel & Turbo Form Subsea Compression Alliance
Aker Solutions and MAN Diesel & Turbo agreed to form an alliance to develop the next generation in subsea compression systems that can be used at even the smallest oil and gas fields to increase recovery and lower costs compared with conventional platform solutions. The two companies will build on …
TMK Corporate Website Recognized as Steel Industry Website of the Year
TMK’s corporate website (www.tmk-group.com) was honored with the “Steel Industry Website of the Year” award, having become the winner of the Steelie Awards held by the World Steel Association (Worldsteel) in this category. The results were announced at the 49th Worldsteel conference in Chicago (USA). At the Awards ceremony on …
Fugro: Awarded Blue Stream Inspection Contract
Fugro has been awarded a contract by Blue Stream Pipeline Company B.V. for the provision of survey support vessels and associated survey services to perform the 2015 external pipeline inspection for the offshore, shore approach, and dry section components of the Blue Stream Pipeline System. The two 24” gas export …
TMK: Holds Extraordinary General Meeting of Shareholders
TMK announces that its shareholders duly approved the resolutions proposed at the Extraordinary General Meeting of Shareholders (EGM), which took place on October 12, 2015, in the form of an absentee voting. Shareholders voted to approve interim dividends for the first six months of 2015 of RUR 2.42 per share …
Eurasia Drilling: Increases Management Buyout Offer to $11.75
Eurasia Drilling Company Limited (the Company) announces that it has today agreed with certain members of the Company’s management team and certain significant shareholders (the Participants) the terms of a merger (the Merger) between the Company and EDC Acquisition Company Limited (EACL). On 8 October 2014, the Company announced that …
Eurasia Drilling: Jack-Up Saturn’s Contract Cancelled
Eurasia Drilling Company Limited announces that it has received a letter of early termination of the contract for its jackup rig SATURN effective from October 8’th 2015. The current contract was expiring on 8’th January 2016. The early termination fee consists of 100% of the contract rate for 30 days …
Eurasia Drilling Company: Announcement of Proposed Merger & to De-List GDRs
Eurasia Drilling Company Limited (the Company) announces that it has today agreed with certain members of the Company’s management team and certain significant shareholders (the Participants) the terms of a merger (the Merger) between the Company and EDC Acquisition Company Limited (EACL). On 8 October 2014, the Company announced that …
Weatherford Announces the Release of JetStream® RFID Circulation Sub
Weatherford International plc announced today the commercial release of JetStream® Radio Frequency Identification (RFID) circulation sub at the Annual Technical Conference and Exhibition. Poor wellbore integrity can cause events such as stuck pipe, wellbore collapse, sloughing shales and lost circulation, which are major concerns for drillers in deep water. The …