A Successful Story of Russian and Brazilian Cooperation
During the last MIOGE in June of 2013, Russian Fracturing Company (RFC) met and started a relationship with international technology company Ekotech Energy for the development of international projects and sales. RFC is a specialized manufacturer of fracturing equipment. RFC has developed an advance hydro fracturing technology with great advantages …
Sembcorp Marine Transforms Into a Global Integrated Company
Sembcorp Marine has reorganised its business as part of an ongoing ‘Transformation for Growth’ strategy. From today, Sembcorp Marine is one brand focusing on four key capabilities, namely, Rigs & Floaters; Repairs & Upgrades; Offshore Platforms; and Specialised Shipbuilding. Sembcorp Marine is pleased to announce the following senior appointments: Mr …
OneSubsea: Wins Subsea Tree Contract for Shah Deniz II
OneSubsea®, a Cameron and Schlumberger company, has been awarded a contract totaling more than $60 million for the Shah Deniz Two development, operated by BP, offshore Azerbaijan. OneSubsea was awarded the initial contract for subsea trees for Shah Deniz Two in 2013. The scope of the new contract includes the …
TGS: Signs Letter of Intent to Acquire Polarcus’ Multi Client Library
TGS has today entered into a Letter of Intent to acquire Polarcus’ multi-client library, with the exception of Australia, for a price of USD 27.5 million on a cash and debt free basis. The transaction is subject to due diligence and final definitive documents with target closing date on or …
Tenaris: KPO Experiences the Benefits of Dopeless Technology
Karachaganak Petroleum Operating (KPO) conducted a field trial in the gas condensate Karachaganak field, located in the West Kazakhstan region, to evaluate the performance of Dopeless® technology. The oil and gas company jointly operated by BG Group and ENI witnessed first-hand how TenarisHydril Blue® Dopeless® connections improved operational efficiency, reduced …
FMC Technologies: Awarded 287m USD Shah Deniz Contract
FMC Technologies, Inc.announced today that it has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297 million in revenue and is in …
TMK Announces Board of Directors Decisions
TMK’s Board of Directors at the meeting on June 23 made the following decisions: – Dmitry Pumpyanskiy is elected as the Chairman of the Board of Directors, – the Secretary of the Board of Directors is elected, – the Chairmen and the members of the Nomination and Remuneration Committee, Audit …
DNV GL: Joins Forces with ExproSoft to Offer Risk Based Subsea Valve Testing
Reducing expenditure while continuing to improve safety and reduce risk is a key driver for the oil and gas industry especially in today’s cost constrained environment. DNV GL and ExproSoft are now joining forces to offer a risk based approach to testing barrier valves in subsea completed wells applicable worldwide. …
Schlumberger Introduces Depth Domain Inversion Services
Services reliably illuminate complex geology and reduce uncertainty through amplitude inversion Schlumberger announced today the launch of the Depth Domain Inversion Services. Schlumberger petrotechnical experts use the services to improve the reliability and consistency of seismic structural and quantitative interpretation in complex environments. “Conventional seismic inversion in the time domain …
Tendeka: Wins Austrian Sand Face Completion Technologies
Tendeka, the provider of completions systems and services to the upstream oil and gas industry, has secured a contract with an international oil and gas company for the installation of sand face completion technology in Austria. The installation will include FloRight Ultra premium screens with the market-leading FloSure autonomous inflow …