Service Companies & Manufactures

TGS: Appoints Sven Børre Larsen As CFO

TGS is pleased to announce the appointment of Sven Børre Larsen as the Company’s new Chief Financial Officer.  The effective date of Mr. Larsen’s employment is yet to be determined, but will be no later than December 1, 2015.  Mr. Larsen will be based in TGS’ Asker office. Most recently, …

READ MORE →
Service Companies & Manufactures

Drillmec Drilling Conference, AHEAD & HoD, Astana, Kazakhstan, April 2015

In-line with its rapidly increasing regional presence and portfolio in the Caspian region, Drillmec SPA was proud to host the recent and very successful “Drillmec Drilling Technology Conference”, held in Astana on April 16th The conference, organized and executed by Drillmec SPA, headed by Paolo Manzato, CFO and Diego Ferrandes, …

READ MORE →
Service Companies & Manufactures

Bentec: Wins Three Major Contracts – Caspian Rig , Three Cluster Slider Rigs and Thirteen Top Drives

Bentec, one of the world’s leading manufacturers of drilling rigs and oilfield equipment today announces that it has won three major multi-million dollar contracts. The company also confirms its further expansion into the substantial offshore market. The contract awards come at a time when conditions in the oil and gas …

READ MORE →
Service Companies & Manufactures

TMK ANNOUNCES 1Q 2015 IFRS RESULTS

The following contains forward looking statements concerning future events. These statements are based on current information and assumptions of TMK management concerning known and unknown risks and uncertainties.   OAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces today its unaudited …

READ MORE →
Service Companies & Manufactures

Sibur and Siemens AG Sign Cooperation Agreement

The Russian petrochemical group Sibur and the German company Siemens have signed a cooperation agreement in Moscow today. The signing ceremony was attended by Executive Director of Sibur, Vladimir Razumov and the President of Siemens in Russia, Dietrich Moeller. The agreement aims to develop partnerships for the implementation of joint projects. The parties plan …

READ MORE →
Service Companies & Manufactures

Northern Offshore: First Quarter Results Exceeded Our Expectations

Northern Offshore Reports First Quarter 2015 Results Northern Offshore, Ltd. (Oslo Børs: NOF.OL) today reported net income for the three months ended March 31, 2015, of $5.9 million, or $0.04 per diluted share, on revenues of $44.6 million. The Company generated adjusted EBITDA of $14.1 million in the first quarter …

READ MORE →
Service Companies & Manufactures

EIA Launches Redesigned International Energy Portal

Today, the U.S. Energy Information Administration (EIA) launched a redesigned International Energy Portal to improve  access to international energy data and trends in global energy markets. The portal can be viewed at: http://www.eia.gov/beta/international/ “With most of the future growth in energy consumption expected to occur outside of the United States …

READ MORE →
Service Companies & Manufactures

DNV GL’s Unmanned, Solitude, FLNG Concept Boosts Safety And Reduces Costs

DNV GL has developed a new unmanned floating LNG concept that overcomes many of the challenges currently faced by those looking to unlock the potential of remote offshore gas fields. Called Solitude, the concept demonstrates how technological advances – most of the technology already within reach – can be combined …

READ MORE →
Service Companies & Manufactures

IWCF Sets Sights on New Australia Office

The International Well Control Forum (IWCF), the independent organisation that sets international well control standards, is attending the oil & gas industry APPEA conference in Melbourne this week (17-20 May) to showcase its well training and accreditation capabilities. With an active branch in Australia, IWCF now plans to expand its …

READ MORE →
Service Companies & Manufactures

Baker Hughes Declares Quarterly Dividend

Baker Hughes Incorporated Chairman and Chief Executive Officer Martin S. Craighead announced today that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable June 24, 2015 to holders of record on June 3, 2015. Source

READ MORE →