Opening of Order Book for Replacement of Gazprom’s Eurobonds of Series 1 with Russian Bonds
In line with the decision of PJSC Gazprom, Gazprom capital LLC will place an issue of Russian bonds replacing the Eurobonds of Gaz Finance plс of series 1 issued for the amount of USD 2 billion (maturity date – February 25, 2030; ISIN: XS2124187571/XS2125065081). The only Eurobonds to be accepted for replacement are those the rights to which are recorded in Russian depositories. Gazprom will …
Baker Hughes and Fortescue Future Industries to Collaborate on Exploring Green Hydrogen and Geothermal Projects
Memorandum of understanding sets groundwork for collaboration to decarbonize hard-to-abate industries including mining, steel and cement Collaboration to leverage respective expertise to explore potential opportunities for scale-up and adoption of new technology solutions to reduce greenhouse gas emissions and produce green hydrogen, ammonia and geothermal energy FLORENCE, Italy, Jan. 30, …
Geomechanical Modeling Helps Match Mud Density
Tatneft implemented Russia’s first full-cycle geomechanical modeling software product. The specialists of the oil company, TatNIPIneft Institute (Bugulma) and Innopolis worked on the complex. This is reported by the portal “Production Management”. The package includes traditional 1D modeling tools such as pore pressure prediction; wellbore trajectory and stability calculation. The …
Advanced Laser Welding Applied to Casing Running
Two laser automated welding complexes of domestic production appeared in Tatneft. The equipment was designed and manufactured with the participation of specialists from the oil company. Oil News writes about this (Elena FILATOVA). The laser was first used in fields in Tatarstan in 2019. Since then, the design of the …
From a Little room in a Hut to One of the Leaders of Russian Oilfield Services – How Tatneftegeofizika Developed
Seventy years ago, on January 16, 1953, the trust “Tatneftegeofizika” was established by order of the Minister of the Oil Industry of the USSR Nikolai Baibakov. This date has become a starting point for Tatarstan field geophysics. The Devon news agency learned about this from a report by Tatneft. Officially, …
Weatherford Announces Upgrade in Credit Rating To ‘B’ From ‘B-‘, Outlook Stable
Weatherford International plc today announced the Company’s issuer credit rating has recently been upgraded to ‘B’ from ‘B-‘ by S&P Global Ratings (“S&P”). S&P based the rating upgrade in part due to improvements in financial performance and liquidity driven by stronger operational performance, the recently announced $400 million credit facility …
Weatherford Partners with Ardyne, Bolstering Plug & Abandonment and Slot Recovery Portfolio
Weatherford International plc announced a strategic partnership with Ardyne, a leader in specialized well-decommissioning technology. This agreement will enable Weatherford and Ardyne to deliver significant value to customers globally by offering the industry’s most comprehensive portfolio of Plug & Abandonment (P&A) and Slot Recovery solutions. The Company will invest in …
Russian Federation Will Create Its Own Complex With Hybrid Telemetry for Seismic Exploration
Geophysical TNG-Group intends to develop and bring to market a hardware and software modular recording complex with hybrid telemetry. The development is designed to solve the needs of the oil exploration industry for high-quality domestic equipment, wireless technologies and unification of systems. This was announced by Denis KISLER, Deputy General …
Halliburton Launches New Reduced Cement Barrier Systems
Halliburton Company today introduced the NeoCem™ E+ and EnviraCem™ cement barrier systems as an expansion of their portfolio of high-performance, reduced Portland cement systems. NeoCem E+ cement contains a 50 percent or greater reduction of mass cement while EnviraCem cement contains a 70 percent or greater reduction of mass cement. …
SLB and Linde Collaborate on Carbon Capture and Sequestration
Projects will capture and sequester CO2 emissions from sectors such as hydrogen, ammonia and natural gas SLB and Linde announced today that they have entered into a strategic collaboration on carbon capture, utilization and sequestration (CCUS) projects to accelerate decarbonization solutions across industrial and energy sectors. The collaboration will combine …