Roxtec: Transit Designer Software Reaches 40,000 Users
There are around 40 000 registered users of Roxtec Transit Designer around the world, and the number is increasing by 100 per week. Only in 2021, thousands of design engineers have used it to design more than 100 000 cable and pipe transits in 17 500 projects. Roxtec Transit Designer™ …
AKROS is Recognized to be the Best Seven Times in a Row
On October 21, the best oil service companies were awarded at the annual conference “Neftegazservice-2021” XV “Oil & Gas Service Industry in Russia” Annual Conference (Neftegazservis-2021) took place at InterContinental Hotel in Moscow on 21 October. Government officials as well as leaders of major drilling, geophysical and oilfield services companies …
TGS: Announces Q3 2021 Results
TGS today reported interim financial results for Q3 2021. Net IFRS revenues amounted to USD 200 million in Q3 2021, an increase of 243% compared to Q3 2020. EBITDA was USD 167 million, and the operating result was USD 36 million, compared to USD 40 million and USD -90 million, …
TGS Quarterly Dividend
Following the authorization from the Annual General Meeting on 11 May 2021, the Board of TGS NOPEC Geophysical Company ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.17 per share) in Q4 2021. Key information relating to the cash dividend: …
Saipem and TechnipFMC Announce SURF Commercial Agreement to Unlock New Opportunities
Saipem and TechnipFMC today announced the two companies have entered into a global commercial agreement that will allow them to identify projects worldwide that could be jointly executed for the benefit of clients. The commercial agreement will pursue specific Subsea Umbilicals, Risers and Flowlines (SURF) projects where the combination of …
CGG, PGS and TGS Announce Versal, a Unified Ecosystem for Accessing Multi-Client Seismic Data across Multiple Vendors
Further to the announcement on 15 December 2020, CGG, PGS and TGS, industry leaders of multi-client geoscience data, today announce Versal – a unified seismic data ecosystem giving access to three of the world’s largest multi-client libraries via a single log-in. Versal is an independent, secure, cloud-based, multi-client seismic data …
Nabors: Announces Q3 2021 Results – EBITDA Up 7%, $122 million NET Loss
Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported third quarter 2021 operating revenues of $524 million, compared to operating revenues of $489 million in the second quarter of 2021. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $122 million, or $15.79 per …
NOV: Reports Q3 2021 Results – $69 million NET Loss, Orders Exceed Shipments as O&G Prices Rise
NOV Inc. (NYSE: NOV) today reported third quarter 2021 revenues of $1.34 billion, a decrease of 5 percent compared to the second quarter of 2021 and a decrease of 3 percent compared to the third quarter of 2020. Net loss for the third quarter of 2021 was $69 million, or 5.1 percent of …
Intelligent Wellhead Systems: Appoints William Standifird as CEO
Gary Cresswell to Become Chairman of the Board Intelligent Wellhead Systems. is pleased to announce that its board of directors has appointed William Standifird as Chief Executive Officer. Also, effective October 5, Gary Cresswell, a current non-executive director, will become independent non-executive Chairman of the Board. William Standifird’s 24-year international …
Baker Hughes and Augury: Announce Commercial Alliance to Expand Machine Health and Asset Performance Capabilities
Baker Hughes has announced an investment in and a multi-year commercial alliance with Augury, a machine health solution provider, to deliver an expanded set of asset performance capabilities, providing connected data, analytics and insights into energy and industrial assets. The alliance builds on Baker Hughes’ existing asset performance management (APM) …