Exterran Holdings Announces Quarterly Cash Dividend
Exterran Holdings, Inc. announced that its Board of Directors has declared a dividend of $0.15 per share of common stock, a rate of $0.60 per share on an annualized basis, to be paid on Feb. 17, 2015 to stockholders of record at the close of business on Feb. 9, 2015. …
National Oilwell Varco Announces Fourth Quarter and Full Year 2014 Earnings
National Oilwell Varco, Inc. today reported that for its fourth quarter ended December 31, 2014, it earned net income from continuing operations of $595 million, or $1.39 per fully diluted share, compared to net income from continuing operations of $699 million, or$1.62 per fully diluted share in the third quarter …
ERIELL Signed a 9-year Contract for Drilling in Novy Port
ERIELL, an international oilfield service group, has won a JSC Gazprom Neft Novy Port tender for drilling of 136 producing wells in Yamal Peninsula, Russia. The term of the contract is 9 years. “ERIELL Group focuses on establishment of long-term relations with its partners. The Novy Port project has become …
Exterran: Wins Latin American Contracts
Exterran Holdings, Inc. today announced that it has signed two agreements related to projects in Bolivia and Brazil. The first, signed on Oct. 31, 2014, is a six-year compression services contract with Petrobras Bolivia S.A. including construction and installation of a compressor station for two fields near Tarija,Bolivia. The project …
Cubility: Appoints Knut Haga as Chief Technology Officer
Cubility AS, an industry-leading provider of solids control solutions that improve efficiencies and HSE around drilling operations, today announced the appointment of Knut Haga as the company’s new Chief Technology Officer. Knut’s role will be to manage Cubility’s technology and R&D strategy, taking responsibility for technological development, project management and …
Tenaris: Improved Operational Performance in Siberia
Dopeless® technology and field services: a reliable combination for the Arctic region. Summary A major development inside the Arctic Circle In 2009, Tenaris supplied the operator with over 180,000m (590,000ft) of 7″ casing tubes with TenarisHydril Blue® Dopeless® connections. Tenaris also provided a broad range of associated field services, supplied …
TATNEFT: Reservoir Pressure Maintenance System Development
JSC TATNEFT continues developing promising technologies for reservoir pressure maintenance (RPM) aimed at reducing energy costs and increasing production efficiency. The Company continued to work on injection wells downhole equipment protection against high pressure and corrosion as well as on optimization of the reservoir pressure maintenance processes. 199 new injection …
Russian Direct Investment Fund Comments on Eurasia Drilling and Schlumberger Merger
Following this morning’s announcement of Eurasia Drilling’s take private and Schlumberger’s US$1.7 billion investment in the Company post transaction, Kirill Dmitriev, CEO of the Russian Direct Investment Fund, commented, “This is a real vote of confidence by a major global company in Russian growth opportunities and the fundamentals of the oil …
UPDATED 25/9/15 – Eurasia Drilling Company To Merge With Schlumberger – Schlumberger Will Not Extend Log Stop Date Past the 30th September 2015
Update 25/9/15 Eurasia Drilling Company Limited announces that Schlumberger B.V. has advised the Company that SLB will not extend the long-stop date for completion of the proposed merger between the Company and EDC Acquisition Company Limited (“EACL”) and the related transaction with SLB (the “Transaction”) after 30 September 2015. The …
Tenaris: Dopeless Proves its Worth in the Caspian
Improved operational performance in extreme weather conditions through Dopeless® technology and Tenaris service support. Dopeless® The use of Dopeless® technology, coupled with Tenaris onsite technical expertise, is helping the customer meet challenging operating conditions. The company’s post-evaluation of a recent casing application – carried out as part of its growing …