Shearwater GeoServices: Enters into Strategic Technology Collaboration with Major Energy Company
Shearwater GeoServices Holding AS, (“Shearwater”) announces a technology sale and transfer agreement between its US subsidiary Shearwater GeoServices Software Inc. and ConocoPhillips Company (“ConocoPhillips”), involving seismic imaging technology that will be implemented in Shearwater’s Reveal software (“Reveal”). With this partnership, the companies will collaborate closely to allow Shearwater to incorporate ConocoPhillips’ …
TGS: Included in 2022 Bloomberg Gender Equality Index for the Second Year in a Row
TGS, a global provider of energy data and intelligence, today announced it is one of 418 companies across 11 sectors and 45 countries and regions included in the 2022 Bloomberg Gender-Equality Index (GEI). Companies included in the 2022 GEI range from energy, health care, real estate, technology, utilities, and several …
It’s Time to get Tough on Asbestos, says IOSH
Stronger measures on asbestos management are needed to save lives, according to the global body for health and safety professionals. A lack of consistency in managing asbestos among duty holders and a lack of awareness and knowledge about the material, particularly among smaller businesses, are among the issues concerning the …
Rystad Energy: Oil Prices on Waiting Mode as OPEC+ Meeting Expected to Ratify Another Planned Supply Increase
The oil market will be waiting for hints from today’s OPEC+ meeting and pricing is cautious as traders brace for the output policy decision for the upcoming month of March. As there hasn’t been much talk of any unexpected change in the mindset of OPEC+, prices aren’t moving much for …
Roxtec: Team Electric saves time by using Roxtec Transit Build
Roxtec software enables digitalization of the process surrounding penetration seals When building ships, vessels and yachts, it is crucial to have full control of the sealing and fire protection systems, especially when the time schedule is tight. Installation firm Team Electric benefits from using Roxtec software to manage all cable …
Rystad Energy: European Gas Market Sentiment is Bearish, as US and Asian Prices Rise
Global gas markets are painting distinctly different pictures this week as supply uncertainty in Asia supports prices, but European markets are starting to see downside potential on the horizon. Mild weather in Europe and frigid forecasts for the US will drive price behavior in the coming days. Milder temperature forecasts …
4 ‘O’s to Watch this Week: Oil price, OPEC+, Olympics, and Oil Consumption – Rystad Energy
Oil price The oil price this week will get its biggest and most impactful guidance from the 2 February OPEC+ meeting, where the group will have to signal whether it is willing or interested in dipping further into spare capacity to quell super-high oil prices that have defended their stake …
Varel NTS: Quality Confirmed by Results – Drill Bits Purchased in Over 25 Countries
Pursuing the goals of the program aimed at localization in the oil and gas industry, Varel NTS produces its own matrix and steel body PDC drill bits. A worldwide distribution network of the drill bits proves their high quality and compliance with the internationally recognized industry standards. Today the Varel …
Saipem: Revises Backlog and Withdraws Outlook Announced on October 28, 2021
The Board of Directors of Saipem S.p.A., chaired by Silvia Merlo, met over the weekend to examine the scenarios arising from the work currently being undertaken by management to prepare the preliminary consolidated results as of December 31, 2021. The review of the backlog of contracts awarded in the past …
TMK: Invites Oilfield Services Innovators to Pilot Solutions
TMK-Premium Service, part of TMK, has launched TMK-Premium Service Pilot Track, a platform to source innovation from outside the Company. Under the program, TMK-Premium Service will select and test startup initiatives covering various aspects of premium tubular services for the oil and gas industry as well as the development of …