Welltec: Becomes a Key Partner in Project Greensand
Project Greensand is an ambitious and innovative initiative to develop new ways to capture and store CO2. Welltec has a long history of engineering and delivering solutions that target complex challenges in the energy sector and now looks to help address and meet the 70 percent reduction of CO2 targets …
PXGEO: Signs Agreement for Real-Time Data Acquisition QC and Onboard Processing
PXGEO has signed an agreement with DUG, a technology company at the forefront of high-performance computing, for the provision of its DUG Insight software for real-time data acquisition quality control and onboard data processing and visualisation onboard PXGEO 2. PXGEO Chief Executive Officer, Duncan Eley, said: “We look forward to …
Halliburton Landmark Releases Geosciences Suite Cloud Solution
Halliburton Landmark today released the latest version of Geosciences Suite, a DecisionSpace ® 365 cloud solution powered by iEnergy ®, an E&P hybrid cloud. The software combines innovative technology with a tightly integrated, end-to-end suite of workflows to create a complete and connected geoscience solution that enables a subsurface digital twin. This cloud solution can reduce exploration uncertainty …
TMK Sent a Request to Buy Out the Remaining Stake in PJSC “ChelPipe”
On August 12, 2021, Pipe Metallurgical Company (TMK) sent a request for a mandatory redemption from minority shareholders of the remaining share of PJSC “ChelPipe” securities. 2.3679% of shares of PJSC “ChelPipe” are subject to mandatory redemption. TMK will purchase securities at a price of RUB 318.26. per share. The …
Nedra: Summed up the Results of the First Year of Work
A joint venture between IKS Holding and Gazprom Neft, Nedra, went into profit and saw growth in other financial and operational indicators. Nedra, a digital transformation company for the oil and gas industry, has summed up the results of 2020, noting growth in a number of key areas: The total …
Plexus Holdings: Enter into Jack-Up Exploration (Adjustable) Wellhead Agreements with Cameron
Plexus and Cameron enter into Jack-Up Exploration (Adjustable) Wellhead Agreements Plexus, the AIM quoted oil and gas engineering services business, is pleased to announce that it has entered into Cooperation Agreements with Cameron, which will result in a commercial opportunity by enabling Plexus to return to the Jack-Up Exploration (Adjustable) Wellhead …
Schlumberger : Advancing Energy Transition Technologies: The Path to Net Zero
Interview with Karen Spenley, Schlumberger technology sustainability advisor This summer, Schlumberger formally announced its commitment to net zero by 2050. As the energy industry progresses toward short- and long-term goals, the company is working closely with its customers to improve their performance in a sustainable way while advancing the industry’s path …
TMK, Sinara Group and the Administration of the City of Chelyabinsk Discussed Cooperation in the Implementation of Social and Infrastructure Projects
Pipe Metallurgical Company (TMK), Sinara Group and the Administration of the city of Chelyabinsk discussed cooperation in order to implement joint social and infrastructure projects as part of a working meeting at the site of the Chelyabinsk Pipe Rolling Plant (ChTPZ), which is part of TMK. The event was attended …
Saipem: Results of the First Half of 2021
The Saipem SpA Board of Directors, chaired by Silvia Merlo, approved, yesterday, the Consolidated Half-Year Financial Report as at 30 June 2021[1]. Highlights of the first half-year Revenues of approximately €3.2 billion and adjusted EBITDA at a loss of €266 million. Operating results, reflect a slowdown compared to the first …
Kent Completes Acquisition of SNC-Lavalin Oil & Gas Division, Closes New Fundraising to Support Growth Cycle
Kent (or the “Company”), a leading international integrated energy services partner formerly known as Kentech, provides the following updates: Completes the acquisition of the majority of SNC-Lavalin’s oil and gas division, with a minority portion to follow at a later date. The Company now harnesses the strength of leading players …