CGG Launches GeoSoftware 11.0 Integrated Portfolio for Reservoir Characterization
CGG GeoSoftware has launched version 11.0 of its extensive portfolio of reservoir characterization and petrophysical interpretation software solutions. GeoSoftware 11.0 is a milestone achievement, integrating all of GeoSoftware’s industry-trusted solutions, including Jason, HampsonRussell, PowerLog, RockSI, InsightEarth® and VelPro, so that they can now work together on a single platform. This advanced integration features flexible cross-product …
TMK Announces 1Q 2021 IFRS Results
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the three months ended March 31, 2021. While analyzing these financial statements it is important to take into account that the interim consolidated income …
TMK and Sinara Group Took Part in the St. Petersburg International Economic Forum
Pipe Metallurgical Company (TMK) and Sinara Group took part in the business program of the St. Petersburg International Economic Forum (SPIEF-2021). The heads of the companies discussed at the forum the prospects for the development of the metallurgical and machine-building industries, international cooperation, the transition to a “green” economy and …
TMK and Rosneft Agree to Supply Steel Products for the Vostok Oil Project
Vostok Oil LLC (a company of the PJSC NK Rosneft Group) and Sinarastroykomplekt LLC (a subsidiary of Sinara Group JSC), within the framework of the XXIV St. Petersburg International Economic Forum, signed an Agreement on the supply of metallurgical products and the provision of related services for the implementation of …
RINA: First Quarter Results in Line with Forecasts
RINA, multinational inspection, certification and engineering consultancy company, confirms the positive trend of its results in the current year. In the first quarter of 2021 the group recorded revenues of approximately 121 million euros, in line with budget and despite a scenario with still some uncertainties and complexities. This performance, …
Exor and 7-Industries Further Strengthen Welltec Support
The two European holding companies purchase the remaining shares from founder Jørgen Hallundbæk. The global technology company based in Allerød (Copenhagen) looks toward its next stage of growth, including the development of geothermal and carbon capture & storage business. Welltec (the “Company”) announces that Exor and 7-Industries have completed the …
TGS-NOPEC Geophysical Company Announces Company Name Change to TGS
TGS-NOPEC Geophysical Company ASA, a global provider of energy data and intelligence, will begin operating under the new name of TGS ASA. TGS ASA reflects both the evolution of the company as well as its vision for the future. Kristian Johansen, CEO at TGS, commented, “As part of our new …
Relisting of Weatherford’s Ordinary Shares on NASDAQ
Weatherford International plc today announced that The Nasdaq Stock Market LLC has approved its application for the relisting of Weatherford’s ordinary shares on NASDAQ under the ticker symbol “WFRD”, effective with the opening of trading on Wednesday, June 2, 2021. Girish Saligram, President and Chief Executive Officer, commented, “We are …
Parker Launches New Generation of Oil Condition Monitoring Technology
Parker Hannifin the global leader in motion and control technologies, has announced an innovative oil condition monitoring technology that is set to help marine operators reduce downtime, reduce costs, and protect assets. Developed in close collaboration with marine experts, the DIGI Plus has been designed to offer rapid on-site and …
THREE60 Energy Group Strengthens Global Wells Delivery with Key Senior Appointments
THREE60 Energy Group, a leading independent energy service company offering complete asset life cycle solutions, has made a series of key senior appointments to its well engineering group across the UK, Asia Pacific and North America as a result of sustained global growth. The appointments include; Brian Edment as Wells …