Tenaris: Launches BlueCoil™ Coiled Tubing Technology
Tenaris will introduce its BlueCoil™ technology – the next generation of coiled tubing – at the annual Coiled Tubing and Well Intervention Conference and Exhibition on March 24-25 at the Woodlands Waterway Mariott Hotel and Convention Center. At booth 705, Tenaris coiled tubing experts will discuss the innovative BlueCoil™ technology, …
Forsys Subsea: Launched by FMC Technologies and Technip
FMC Technologies Inc. and Technip today signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two subsea industry leaders. This alliance will redefine the way subsea fields are designed, delivered and maintained. Bringing the …
Boskalis Increases Holding in Fugro to 25.1%
Royal Boskalis Westminster N.V. (Boskalis) has increased its holding in Fugro N.V. to 25.1%. Boskalis stresses that this is not a step towards making an offer. Boskalis views Fugro as an interesting company with strong market positions in its core activities. The strategy of Boskalis is focused on offshore and …
DNV GL: New Sesam GeniE Sees Breakthrough in 3D Meshing for Engineers
With energy prices under pressure, the oil and gas industry is looking for new ways to improve engineering efficiency. DNV GL’s new Sesam GeniE 7 release saves significant time and cost with its new meshing capabilities, a breakthrough in engineering software for offshore and ship structures. When engineers use the …
Petroleum Geo-Services ASA : Board Approves IFRS Financial Statements for 2014
The Board of Directors of Petroleum Geo-Services ASA has on March 18, 2015 approved the 2014 annual financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”). The Company reported its IFRS unaudited fourth quarter and preliminary full year 2014 results on February 12, 2015. Compared to the preliminary …
Exterran Holdings Nominates Five New Directors to Its Board
Additional nominations in contemplation of Exterran Holdings’ previously announced plan to separate its international services and global fabrication businesses into a new publicly traded company (“SpinCo”) Exterran Holdings, Inc. today announced that its Board of Directors (“Board”) has nominated the following individuals for election to the Exterran Holdings Board at …
Calfrac Announces Dividend
Calfrac Well Services Ltd. is pleased to announce that its Board of Directors has declared a dividend pursuant to its quarterly dividend policy. The dividend of $0.125 per common share will be paid on April 15, 2015 to shareholders of record on March 31, 2015. Calfrac’s common shares are publicly …
Schlumberger Releases New Ultrahigh-Temperature Drilling Technologies
TeleScope ICE MWD service and PowerDrive ICE RSS improve well placement and drilling performance in extreme downhole environments Schlumberger announced today the launch of TeleScope ICE* ultrahigh-temperature measurements-while-drilling service and PowerDrive ICE* ultrahigh-temperature rotary steerable system (RSS). These new technologies enable standard drilling operations in reservoirs with extreme temperatures, expanding …
First Common Global Qualifications for Oil & Gas to Build Competent Workforces
OPITO Launches Global Framework for Vocational Qualifications in Response to Industry Demand For the first time, workers anywhere in the world will be able to work towards vocational qualifications which will be recognised by the global oil and gas industry. Training standards body, OPITO International, has developed global technical standards …
Aker Solutions: Outlines Five Strategic Objectives to Achieve Success Post Split
Aker Solutions today presents five strategic objectives after splitting in two in September last year to better position all parts of the business and meet the needs of customers. The company, which meets today with investors in London, will build on its strengths in key subsea and field design markets …