National Oilwell Varco: Appoints Jose Bayardo as Senior Vice President & Chief Financial Officer
National Oilwell Varco, Inc. announced today that Jose A. Bayardo has been named Senior Vice President and Chief Financial Officer of National Oilwell Varco, effective August 28, 2015. Mr. Bayardo succeeds Scott K. Duff, Interim Chief Financial Officer. Prior to joining National Oilwell Varco, Mr. Bayardo, age 43, served as …
Centek: Announces Deepwater Division
Centek Group, the leading centralizer manufacturer, has formed a Deepwater Division to focus the sale and support of its specialist deepwater centralizer products. Today, drilling and completion account for around 50 percent of deepwater field development costs. As oil and gas production moves into deeper waters the technical challenges and …
TMK: Wins 1.5bn Rub Contracts From Gazprom
TMK, one of the world’s leading producers of pipes for the oil and gas industry, took part in Gazprom tenders for premium tubular products. Following two public requests for proposals, TMK was announced the winning bidder in 8 out of 13 lots. In 3Q and 4Q 2015 TMK will supply …
NADL: Q2 Results – Consolidated Revenues at $210.7 million
Highlights from the second quarter • North Atlantic Drilling generated second quarter 2015 EBITDA* of $119.3 million • North Atlantic Drilling reports second quarter 2015 net income of $44.2 million and earnings per share of $0.17 Subsequent events • North Atlantic Drilling secured a contract extension for the semi-submersible rig …
Schlumberger Announces Agreement to Acquire Cameron
Schlumberger Limited and Cameron today jointly announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies. – Offers new growth opportunities by creating the industry’s first complete drilling and production …
Schlumberger to Acquire Cameron in $14.8 Billion Deal
Schlumberger Ltd (SLB.N) will buy oilfield equipment maker Cameron International Corp (CAM.N) in a deal valued at $14.8 billion to streamline supply chains and offer cost-effective services to oil and gas customers who have slashed budgets. The deal is the latest example of energy companies joining forces to help them …
TMK announces 2Q 2015 and 1H 2015 IFRS results
PAO TMK (“TMK” or “the Company”), one of the world’s leading producers of tubular products for the oil and gas industry, announces today its interim consolidated IFRS financial results for the six months ending June 30, 2015. Summary 2Q and 1H 2015 Results (In millions of U.S.$, unless stated otherwise) …
TGS Completes Acquisition of Polarcus’ Library
Reference is made to the stock exchange release on 29 June 2015 regarding the acquisition of Polarcus’ multi-client library. As of today, the parties have completed the main component of the transaction. The closing of the remaining projects in West Africa is expected within Q3 2015, subject to the relevant …
Trican Well Service Announces Closing of Sale of Its Russian Pressure Pumping Business
Trican Well Service Ltd. is pleased to announce the closing of the sale of its Russian pressure pumping business to RN Assets LLC (the “Purchaser”), a subsidiary of Rosneft Oil Company. As previously announced, the transaction involves the sale of all shares of Trican Well Service LLC, an indirect wholly-owned …
Ufagidromash: Hydraulic Tongs GKSH-3200 Now with Hydraulic Backup
LLC «Ufagidromash» started serial production of hydraulic backup devices integrated with hydraulic tongs GKSH−3200. A simple design increases the reliability of the product. Hydraulic backup is easy to learn, easy to use and safe to operate. Advantages of the hydraulic backups from the pneumatic: – No additional pneumatic hose, working …