Oil & Gas OperatorsService Companies & Manufactures

Halliburton Seeking to Replace Baker Hughes Board after Merger Negotiations Stalled

Oilfield services provider Halliburton Co is seeking to replace the board of smaller peer Baker Hughes Inc, as merger talks between the companies stalled. Baker Hughes said late on Friday that it had rejected Halliburton’s initial proposal, which was made more than a month ago, in a deal that would …

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Oil & Gas OperatorsService Companies & Manufactures

Baker Hughes In Preliminary Business Combination Transaction with Halliburton

Baker Hughes Incorporated confirmed that it has engaged in preliminary discussions with Halliburton Company regarding a potential business combination transaction. These discussions may or may not lead to any transaction. Baker Hughes does not intend to comment further on market speculation or disclose any developments unless and until it otherwise …

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Service Companies & Manufactures

National Oilwell Varco: Quarterly Dividend of $0.46 per Share

National Oilwell Varco, Inc. today announced that its Board of Directors declared the regular quarterly cash dividend of $0.46 per share of common stock, payable on December 19, 2014 to each stockholder of record on December 5, 2014. National Oilwell Varco is a worldwide leader in the design, manufacture and …

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Oil & Gas OperatorsService Companies & Manufactures

Drillmec’s Russian Technology Conference

Drillmec S.p.A. – a worldwide leader in the production of drilling equipment – held a technical conference «Drillmec On-shore/Off-shore Technological Innovation and Services: Ahead and HoD» at the Baltschug Kempinski Hotel in Moscow on the 28th of October 2014. The conference was attended by more than 60 representatives from different …

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Oil & Gas OperatorsService Companies & Manufactures

Drillmec's Russian Technology Conference

Drillmec S.p.A. – a worldwide leader in the production of drilling equipment – held a technical conference «Drillmec On-shore/Off-shore Technological Innovation and Services: Ahead and HoD» at the Baltschug Kempinski Hotel in Moscow on the 28th of October 2014. The conference was attended by more than 60 representatives from different …

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Service Companies & Manufactures

StormGeo and Deep Sea Mooring Announce Collaborative Agreement

StormGeo and Deep Sea Mooring have signed an agreement to provide notifications of weather-related movements of floating offshore units and vessels undertaking complex marine operations. This innovative service will help customers save money and time, while enhancing planning and safety standards. “We are delighted to sign this agreement with StormGeo,” …

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Service Companies & Manufactures

Gazprom Neft: Launches “GeoMate” Proprietary Geological Information System

Gazprom Neft has completed testing of its proprietary “GeoMate” IT system, allowing the collation and analysis of geological information across all producing assets owned by the company. Gazpromneft-Noyabrskneftegaz,Gazpromneft-Murvalenko, Gazpromneft-Khantos, Gazpromneft-Vostok, and Gazpromneft-Orenburg are all now connected to the system, on a single, integrated platform. The software and engineering behind the new system were developed by experts at the Gazpromneft …

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Service Companies & Manufactures

Gazprom Neft: Launches "GeoMate" Proprietary Geological Information System

Gazprom Neft has completed testing of its proprietary “GeoMate” IT system, allowing the collation and analysis of geological information across all producing assets owned by the company. Gazpromneft-Noyabrskneftegaz,Gazpromneft-Murvalenko, Gazpromneft-Khantos, Gazpromneft-Vostok, and Gazpromneft-Orenburg are all now connected to the system, on a single, integrated platform. The software and engineering behind the new system were developed by experts at the Gazpromneft …

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Service Companies & Manufactures

Tercel Oilfield: Launches Premium Series of Roller Cone Drill Bits

Tercel Oilfield Products today announced the release of its new Premium series Roller Cone Drill Bits. Tercel’s premium bearing roller cone bit line has – at its foundation – precision machined bearing races that are matched to provide the optimum fit and finish for extended operations, even with parameters of …

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Service Companies & Manufactures

BP: New Core Flood Robot Enhances Oil Recovery Techniques

BP announced today that it is now operating the world’s first robotic coreflooding system. The Core Flood Robot is the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities. Coreflooding is one of the most important techniques used to identify and evaluate EOR technologies. It measures …

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