Service Companies & Manufactures

Oil markets are falling today as bearish factors exert pressure, including the potential reintroduction of Iranian crude and de-escalation of military tensions in Eastern Europe. The US government is attempting to tame oil prices by urgently negotiating a new nuclear agreement with Iran, a move that could reintroduce more than …

The past few years Endeavor has been working tirelessly on new simulation products to facilitate a deeper understanding for oil and gas operations. “We have listened to our clients needs and the simulator requirements need to focus on much more complex procedures and operations that cause significant downtime and risk …

Global oil markets are in a holding pattern this morning as supply and demand signals balance each other out, waiting for further developments in US-Iran nuclear talks and Eastern European tensions before significant moves become apparent. Supplies of crude and transportation fuels are struggling to keep up with demand, and …

Forum Energy Technologies, Inc. today announced that fourth quarter 2021 operating results are expected to be below previously provided guidance levels. Results in the fourth quarter were negatively affected by further supply chain disruptions, which caused both revenue to be deferred and costs to increase. In addition, the company incurred …

NOV Inc. today reported fourth quarter 2021 revenues of $1.52 billion, an increase of 13 percent compared to the third quarter of 2021 and an increase of 14 percent compared to the fourth quarter of 2020. Net loss for the fourth quarter of 2021 was $40 million, or 2.6 percent …

TMK and Sinara Group have become partners of the educational forums held in Sochi as part of the national I Am a Professional student olympiad. Set up by Ural Federal University and TMK2U Corporate University, the forums are taking place from 2–16 February, gathering over 200 students from Russia’s top …

CGG has joined a CCUS research program offered by Carbon Management Canada (CMC), a national, not-for-profit leader in developing and implementing new technologies that capture, utilize, store and monitor greenhouse gases. CMC is focused on measurement, monitoring and verification technologies for secure and cost-effective carbon capture and storage (CCS) operations. …

Global oil markets are losing a bit of ground as doubts over the ability of OPEC+ to maintain full production capacity persist and the supply outlook remains tight. The hope that OPEC+ crude oil output could bring balance to the market appears weak and traders are bracing for more volatility. …

Parker Hannifin, the global leader in motion and control technologies, introduces the newly developed proprietary ToughShield™ Plus zinc-nickel surface treatment for all tube fittings and adapters worldwide. With this new development, Parker is bringing the zinc-nickel plating technology in the market to the next level. The plating provides excellent resistance …

Amid the CCUS technological evolution, reliable pipeline design, casing and tubing design, and material selection are important enablers for the permanent, safe storage of significant volumes of CO2. Tenaris technical experts Paolo Novelli, Energy Transition OCTG Project Director, and Stefano Crippa, Line Pipe Product Manager, discuss the CCUS segment and how Tenaris, …