Digitalization of Oil & Gas Industry in the Middle East. ITPS at MEOS GEO 2023
Experts of the ITPS group of companies took part as a delegate in the exhibition and conference MEOS GEO 2023 (February 19-21, 2023, Bahrain) – the main industry event in the Middle East, dedicated to the exploration and production of oil and gas. With over 40 years of experience and …
General Director of Ingenix Group Sergey Chizhikov Made a Presentation at the Scientific and Practical Conference. E.G. Kovalenko “Actual Issues of Expertise of Geological and Recoverable Hydrocarbon Reserves”.
In his speech, Sergey Vitalievich singled out the main characteristics of the feasibility (investment) assessment of oil and gas projects at various stages of the asset life cycle, and also described the possibilities of their use in the formation of a system for auditing mineral reserves in the Russian Federation, …
Nabors Industries Issues Statement on Planned Business Combination Between Nabors Energy Transition Corporation and Vast
Nabors Industries Ltd. issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the entry into a business combination agreement between the special purpose acquisition company (SPAC) Nabors formed in 2021, Nabors Energy Transition Corporation (NYSE: NETC, NETC.U, NETC.WS), and Vast Pty Ltd (“Vast”): “We welcome …
TagraS-Holding Intends to Enter Azerbaijan and Expand in India
To do this, the company will have to solve the problem of shortage of personnel, including at the expense of the labor resources of neighboring countries. In 2023, the strategic projects of the TAGRAS oilfield services holding (Almetievsk) should be focused on diversifying services and achieving import independence. The Devon …
TMS Group Will Replace the Repair of Foreign Equipment
In 2023, Almetyevsk TMS Group plans to diversify its business. It is planned to manufacture equipment for hydraulic fracturing (HF), industrial climate equipment and control valves for petrochemicals. The machine-building division of the TAGRAS holding is also going to develop and produce auto components using the precision metal stamping method. …
TAGRAS Holding Summed up the 2022 Results
Revenue growth, an increase in the investment program and record labor productivity – TAGRAS announced the results of work in 2022. The holding aims to develop human capital as a key asset. Among the tasks for the team of many thousands are diversification, increasing import independence and entering new markets …
SLB Completes Acquisition of Gyrodata Incorporated
Complementary technologies to improve wellbore quality, reduce drilling risk SLB (NYSE: SLB) today announced it has completed the acquisition of Gyrodata Incorporated, a global company specializing in gyroscopic wellbore positioning and survey technology. The transaction will incorporate Gyrodata’s wellbore placement and surveying technologies within SLB’s Well Construction business, bringing customers …
Former Russian Subsidiary of Baker Hughes Will Invest in Its Own Oilfield Technologies
In 2023, the company plans to increase investment in technology localization and will focus on drilling. OFS Technologies, the new owner of former Baker Hughes assets in Russia, is launching an investment program for its own oilfield services technologies. OFS Technologies reported about it on January 24, 2023. In 2023, …
TNG-Group Mastered Magnetic Susceptibility Logging in Ore Wells in Yakutia
Specialists of the TNG-Izhgeofizservice company successfully carried out a complex of geophysical surveys of ore wells in Yakutia, for the first time performing well surveys with such interlayers. The Devon news agency learned about this from the materials of the oilfield services division of TNG-Group (Bugulma). The geophysicists were faced …
Baker Hughes Unveils New Digital Solutions for More Intelligent Operations and Cleaner Energy
New solutions expand on Baker Hughes’ digital ecosystem, providing new levels of efficiency, performance and emissions reduction for oilfield, gas and industrial segments Leucipa™ automated field production solution will enable proactive oil and gas production management Cordant™ will offer an integrated suite of asset performance management and process optimization solutions for energy …