Service Companies & Manufactures

Today, Equinor ASA presents its strategy to accelerate the company’s transition while growing cash flow and returns. Key highlights from the strategy update: Accelerating the transition and setting an ambition to reach a 40% reduction in net carbon intensity by 2035, on the way towards net zero by 2050. Stepping …

TGS, a global provider of energy data and intelligence, has announced a collaboration agreement with analysis and machine learning company Earth Science Analytics to share expertise and promote further innovation in data-driven geoscience. This partnership has already delivered insight through a range of unique derivative datasets for the TGS Utsira …

The Pipe Metallurgical Company (TMK) demonstrated to the management of the federal project (FP) “Clean Air” of the Federal Service for Environmental Management (Rosprirodnadzor) the application of advanced environmental practices at the company’s plants. Representatives of Rosprirodnadzor visited the Seversky Pipe Plant (STZ) and Sinarsky Pipe Plant (STZ), which are …

Long-term development in the world’s energy markets and how politics, technologies, companies, and consumers can make them move where we want, continue to catch headlines. Energy Perspectives is an independent report describing three possible paths for the world economy, international energy markets and energy-related greenhouse gas emissions. It illustrates how …

Shearwater GeoServices Holding AS has completed the sale of the seismic vessel Western Trident for recycling as part of the company’s fleet renewal strategy. The vessel has been delivered in Turkey for recycling in accordance with EU regulations and the 2009 Hong Kong International Convention for the Safe and Environmentally …

​KCA Deutag has secured a contract award and two contract extensions for platform drilling services in Russia, UK and the Norwegian North Sea. The combined value of these awards is approximately US $550M and will account for thirteen years of contract backlog. KCA Deutag’s Offshore division secured a five-year contract, …

Air Products, a global leader in industrial gases and megaproject development, and Baker Hughes, a world leader in advanced hydrogen compression and gas turbine technology, have announced a strategic global collaboration to develop next generation hydrogen compression to lower the cost of production and accelerate the adoption of hydrogen as …

A subsidiary of the Pipe Metallurgical Company (TMK) in Kazakhstan, TMK-Kaztrubprom, has mastered the cutting of a new premium threaded connection on tubing. The enterprise has successfully made an experimental cutting of a T100 threaded coupling on pipes of 88.9×6.45 mm and 114.3×6.88 mm, strength group N80Q. This connection, with …

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 …

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 …