Hellenic University Invests in First State-of-the-Art Simulator Training Facility for Greece
Greece’s leading academic institution, International Hellenic University, is investing more than one million euros in a new state-of-the-art simulator training facility to support the oil and gas industry. The facility, which is the first of its kind across Greece, includes the latest simulator technology by advanced simulator developer, Drilling Systems, …
TMK to Discuss Expanding its Presence in the Middle East Market at ADIPEC in Abu Dhabi
Pipe Metallurgical Company (TMK) takes part in the international oil and gas exhibition and conference ADIPEC (Abu Dhabi International Petroleum Exhibition & Conference), which takes place from 15 to 18 November in the capital of the United Arab Emirates (UAE) Abu Dhabi. At the forum, the company will present its high-tech …
Prysmian Group: Ranks First in the Dow Jones Sustainability World Index
Prysmian Group, world leader in the energy and telecom cables systems industry, ranks first with 87 points in the ELQ Electrical Components & Equipments on the Dow Jones Sustainability World index, according to the result of the 2021 annual review conducted by S&P Global CSA. Prysmian is the only pure …
Rystad Energy: Oil Down US Fed Policy Anticipation as the Dollar Strengthens
This week has been a good reminder for oil markets that prices are not only affected by the supply-demand trajectory, but also from monetary policy forecasts and by forms of government intervention. Although balances are tight, creating a bullish environment for oil through year-end, oil this week lost dollars in …
Wintershall Dea is New Partner to Soiltech, Supporting International Scale-up as Client and Investor
Wintershall Dea and Soiltech join forces with a goal to reduce waste volumes in the oil and gas industry worldwide. The partnership will focus on recycling the contents of waste streams, like waste residues from oil or drilling fluids, directly on the production sites. Wintershall Dea participates both as a …
InflowControl: Expands Russian Office
InflowControl is proud to announce our expansion and new office opening earlier this year. The Russian regional office will be supporting the Russia and CIS growing market. The new InflowControl office is located in central Moscow and represented by Vitaly Shkred – Regional Manager and Anar Yermukhambetova Regional Reservoir Engineer. …
TMK and IRE-POLUS will Introduce Laser Technologies in the Production of Pipe Products
Pipe Metallurgical Company (TMK) and NTO IRE-POLUS (founder and one of the base companies of the scientific and technical group IPG Photonics Corporation) signed a work program for the joint creation and implementation of laser technologies in the production of pipe products at TMK sites. The document was signed at …
Intelligent Wellhead Systems: inVision X Bring Step Change in Digital Completion Technology
Tenth-generation inVision X technology introduces field-proven frac valve activation Intelligent Wellhead Systems Inc. (IWS), a leading supplier of digital technologies that improve oil and gas well completion operations, today released its tenth-generation digital completion technology, inVision X. The upgrade to the inVision™ Technology Platform integrates engineered safety controls, automated digital standard …
Rystad Energy: Oil Down on Inflation Concerns and US Strategic Reserves News
The oil bulls are licking their wounds following the $3 sell-off yesterday and they are trying to limit a further price cut today, as even though the US inventory report yesterday revealed that US commercial oil inventories drew by 1.2 million bpd last week, the market noted the largest SPR …
Parker: Launches New Process to Instrument Valve to EEMUA 182 Design Conformance
Parker Hannifin, the global leader in motion and control technologies, has launched its latest process to instrument valve that fully conforms to EEMUA 182. The new range of EP Series Pro-Bloc valves, manufactured at its globally recognised, lean model plant in Barnstaple, Devon in the UK, has a double block …