Bentec: New Generation of Arctic Cluster Slider Rig Put into Operation
Major Russian client to benefit from superior and safe drilling performance As part of a major contract for the supply of two rigs in Komi Republic in the north of Russia, Bentec was in charge of designing, manufacturing and delivering a new generation of its arctic cluster slider rig. Coming …
Exterran Holdings Reports Fourth-Quarter and Full-Year 2014 Results
Exterran Holdings, Inc. today reported EBITDA, as adjusted (as defined below), of $182.3 million for the fourth quarter 2014, as compared to $170.6 million for the third quarter 2014 and $154.4 million for the fourth quarter 2013. EBITDA, as adjusted, of $182 million for the quarter Organic horsepower growth of …
Survivex: Appoints Chris Bews as Business Development Manager
Leading North East training provider Survivex has made a key managerial appointment.Following an internal promotion, Chris Bews takes up the position of Business Development Manager. Tasked with day-to-day responsibility for leading the sales team and meeting pre-defined revenue targets, he takes the role at a crucial time in the company’s …
NADL – North Atlantic Drilling Ltd. – Fourth Quarter and Preliminary 2014 Results
Highlights from the fourth quarter North Atlantic Drilling generates fourth quarter 2014 EBITDA*) of US$135.3 million North Atlantic Drilling reports fourth quarter 2014 net loss of US$474.7 million and earnings per share of US$(1.99) North Atlantic Drilling reports a non-cash charge to its goodwill of US$480.6 million Subsequent events North …
C.A.T. oil AG: Selects New Board Maurice Dijols Appointed Chairman
The Extraordinary General Meeting of C.A.T. oil AG on 25 February 2015 has elected a new Supervisory Board. The shareholders appointed the French major shareholder Maurice Dijols (63), the German counsellor Dr. Ralf Wojtek (69) and the French manager Remi Paul (48) to the Supervisory Board. The new members elected Maurice Dijols as Chairman of …
Wood Group PSN: Appoint Dave Stewart as CEO
Dave Stewart has been appointed as chief executive officer (CEO) of Wood Group PSN (WGPSN). Effective April 2015, Dave moves into this role from his previous position as UK managing director of WGPSN’s UK operations. Dave has more than 38 years of oil and gas experience and joined Wood Group …
TAM International Introduces Next Generation of TAM FastSwell® Technology
TAM International, Inc., an independent oilfield services company providing inflatable and swellable packers, has introduced a new swellable packer technology as part of their extensive FREECAP® swellable packer product line. The TAM FastSwell® technology utilizes a proprietary process that alters the geometric design of the elastomer to provide ultra-fast, but …
Rigex: Offers Free Lifting Policy Template to Improve Industry Safety
With the aim of improving lifting standards across an industry that carries out multiple lifting operations everyday, Rigex the offshore lifting specialist has developed a comprehensive and free template to help companies produce their lifting policy, processes and procedures. Available to download from the Rigex website, the template helps users …
AGR: Wins Contract with LUKOIL Overseas North Shelf AS for iQx Solution
Global oil and gas service provider, AGR, announces a further contract award for its well intelligence software solution, iQx™, with LUKOIL Overseas North Shelf AS. AGR’s iQx™ software, which was commercialized in 2013, was designed to simplify and increase efficiency of the planning and execution of drilling wells. It utilizes …
Eurasia Drilling Company: Update on Schlumberger Merger Timetable
Eurasia Drilling Company Limited announces that Schlumberger B.V. (“SLB”) and the Company are continuing to cooperate with the Russian Federal Anti-Monopoly Service (“FAS”) to respond to requests for information regarding the transaction described in the circular to Shareholders dated 20 January 2015. The merger (the “Merger”) between the Company and …