Fugro: Renames UK Group Of Companies to Fugro GeoServices
Renamed to reflect the depth and diversity of its offering, Fugro GeoServices Ltd employs close to 600 staff and undertakes seven key activities: nearshore geotechnical, offshore geotechnical, marine installation, onshore ground investigation, cone penetration testing, geophysics and instrumentation and monitoring. The company also has geotechnical laboratories and carries out a …
TMK and Sakhalin Energy Sign Memorandum of Cooperation for Sakhalin-2
Sakhalin Energy and TMK, one of the world’s leading producers of tubular products for the oil and gas industry, have signed a memorandum of partnership for TMK premium threaded connection pipes to be used by Sakhalin Energy. The memorandum provides for partnership and efficient collaboration as required for these products …
Eurasia Drilling Company: 5 Board Members Resign
Eurasia Drilling Company Limited announces that Messrs. Richard Anderson, Maurice Dijols, Jed DiPaolo, Martin Hanson and Anatoliy Kozyrev have resigned as directors of the Company effective October 1, 2015. The Company wishes to thank them for their assistance in directing the activities of the Company during their tenure.
Baker Hughes & Halliburton: HAL – To Divest – Expandable Liner Hangers, BH – To Divest – Core Completions
Today we announced that Halliburton and Baker Hughes will market for sale additional businesses in connection with Halliburton’s pending acquisition of Baker Hughes. On the Halliburton side, we intend to divest our expandable liner hangers business, which falls within the Completion & Production Division. Baker Hughes intends to divest its …
SPX Hydraulic Technologies: Launches Two New Flange Spreader Kits
Two new additions to the SPX Hydraulic Technologies range of hydraulic spreader kits have just been launched onto the market. The Offshore and Topside flange spreader kits are the latest in the SPX Hydraulic Technologies FSL series of 15 ton (33,000 pounds) wedge driven spreaders. Used to create space for …
Calfrac: Announces Dividend and Suspension of Dividend Reinvestment Plan
Calfrac Well Services Ltd. announces that its Board of Directors has declared a dividend pursuant to its quarterly dividend policy. The dividend of $0.015625 per common share will be paid on October 15, 2015 to shareholders of record on October 5, 2015. The 75% decrease in Calfrac’s upcoming dividend reflects …
Weatherford Expands Artificial-Lift Systems Portfolio with Sand-Tolerant Pump
Weatherford International plc today announced the addition of the sand-tolerant pump (STP) to the company’s artificial-lift solutions offering. Aimed to optimize the life of wells, slow production declines and reduce workovers, the STP is an alternative to standard rod pumps in wells with high sand production. The STP prevents abrasion …
Cubility: Appoint Brandon Buzarde as Vice President International Sales
Brandon Buzarde to focus on increased global sales growth for MudCube® solution in high value-driven, solids-control market as company also restructures senior management team Cubility AS, an industry-leading provider of solids control solutions that dramatically improve efficiencies, solids control and HSE around drilling operations, has appointed Brandon Buzarde as Vice …
TCO: Wins Patent Suit Against Vosstech
Norwegian company Vosstech will not be able to produce, market or deliver its VT-C and VT-MC barrier plugs for four years after the court ruled in favour of TCO in an intellectual property dispute. September 2015 Norwegian company Vosstech will not be able to produce, market or deliver its VT-C …
Magma Global signs joint development agreement with BP and Subsea 7
Additional support from UK Government (Innovate UK) and National Composite Centre Magma Global is pleased to announce the signing of a joint development agreement with BP and Subsea 7 in a project to qualify Magma’s carbon fibre m-pipe® as the next generation of subsea pipelines. The programme is also supported …