Roxtec: Digital tools for mechanical seals
The Roxtec Software Suite enables cable and pipe transit management online Roxtec is adding online tools to its sealing solutions to help users save time, increase quality and optimize safety. The suite of interlinked tools is the result of an extensive and pioneering effort to enable smart digitalization throughout the …
Saltel: Xpandable Steel Annular Zonal Isolation Packer (AZIP)
Once expanded in the cased hole, the AZIP has been exposed to pressured nitrogen while undergoing temperature and differential pressure cycles without experiencing any leaks. Saltel Engineering team has completed this qualification per all ISO 14310 VO standard criteria. WORKING PRINCIPLE Saltel Xpandable Steel Annular Zonal Isolation Packer (AZIP) is …
Schlumberger Announces Third-Quarter 2021 Results
Schlumberger Limited today reported results for the third-quarter 2021. Global revenue of $5.85 billion increased 4% sequentially and 11% year-on-year. International revenue was $4.68 billion and North America revenue was $1.13 billion. GAAP EPS, including charges and credits, was $0.39 and increased 30% sequentially. EPS, excluding charges and credits, was …
TMK Completed the Buyback of 100% of Shares in ChTPZ
On October 22, 2021, Pipe Metallurgical Company (TMK) completed the acquisition from minority shareholders of the remaining stake in PJSC ChTPZ. The company completed the mandatory buyback of 2.3679% of shares as part of the procedure launched on August 12, 2021 in accordance with the Federal Law “On Joint Stock …
DuPont Launches New Kalrez® OG193 Perfluoroelastomer Product for Oil & Gas Applications
DuPont today announced it is launching Kalrez® OG193 perfluoroelastomers, a 95 durometer, FFKM compound that exhibits an excellent balance of properties for oil and gas applications. Kalrez®OG193 combines best-in-class Rapid Gas Decompression (RGD) performance and chemical resistance with good low temperature and thermal stability. It passes the acceptance criteria for …
Hansen Protection: New Test Confirms Quality of Arctic Survival Suit
Hansen Protection’s E-307 Arctic Survival Suit provides valuable life insurance in case of an emergency at sea. The E-307 is a SOLAS-approved 6-hour thermal protection immersion suit. It is made from durable 100% waterproof, flame-retardant PU-coated nylon; it keeps the wearer dry and warm and in the correct flotation position …
Schlumberger: CemSYS System
CemSYS System is designed to compiles stand-alone screen or gravel-pack completion with production casing installation and cementing into single run. Operating principle Screens, open hole packer and production casing are to be installed by single run. Open hole packer is activated to split open hole into two intervals. If necessary, …
PGS Enters Strategic Collaboration with Magseis Fairfield for the Hybrid Towed Streamer and OBN Market
PGS has entered a strategic collaboration with Magseis Fairfield to address the growing hybrid towed streamer and OBN seismic market. The strategic collaboration has a global scope with initial focus on the North Sea, and a duration of one year with options to extend by two plus two years. The …
Roxtec Transit Operate – A New Software that Simplifies Long-term Safety Control of Cable Transits
The digital tool from Roxtec also enables full compliance with new class regulations According to the new requirements from IACS, the International Association of Classification Societies, owners of ships and offshore units have to maintain a complete cable transit seal systems register. Mats Åhman, Head of Digital Solutions at Roxtec, …
Baker Hughes Company Announces Third Quarter 2021 Results
The Company presents its financial results in accordance with GAAP. However, management believes that using additional non-GAAP measures will enhance the evaluation of the profitability of the Company and its ongoing operations. Please see reconciliations in the section entitled “Reconciliation of GAAP to non-GAAP Financial Measures.” Certain columns and rows …