Wintershall Dea: Reduce Greenhouse Gases Quickly and Efficiently, With Gas it’s Possible!
In a landmark ruling, the Federal Constitutional Court has demanded changes to the German Climate Protection Act. The federal government must now amend the law. “With a technology-neutral approach that includes gas, it is possible to save CO2 emissions on the necessary scale – in Germany and Europe,” writes Mario Mehren, …
Schlumberger and NOV Announce Collaboration to Accelerate Adoption of Automated Drilling Solutions
Schlumberger and NOV announced today a collaboration to accelerate automated drilling solutions adoption by oil and gas operators and drilling contractors. The agreement will enable customers to combine Schlumberger surface and downhole drilling automation solutions with NOV’s rig automation platform to deliver superior well construction performance. This integrated offering enables the automation of …
Archer Acquires DeepWell for NOK 177 Million
Archer is pleased to announce that we have signed an SPA to acquire DeepWell based on an enterprise value of NOK 177 million on a debt and cash free basis. The Transaction is accretive both to Archer’s NIBD / EBITDA ratio and EV / EBITDA ratio. Archer will use existing …
Cooperation Between ERIELL Group and Uz-Kor Gas Chemical Yields Results – ERIELL Wins Uz-Kor Contract for New Works in Aral Sea
ERIELL Group is pleased to announce it has won a tender from Uz-Kor Gas Chemical and signed a contract to work on 150 wells at the Surgil field in the Republic of Karakalpakstan, northwestern Uzbekistan. The tender involves ERIELL Group carrying out workovers and side-tracking works at the bottom of …
Asset Guardian Solutions Limited Announces Strong Growth with Enterprise Solution
Leading Innovator in protecting Industrial Automation and Control Systems software announces record growth in 2021 with 50% increase in annual turnover due to global demand for its Enterprise Solution. Asset Guardian Solutions Limited (AGSL) today announced substantial growth and business momentum for the Asset Guardian solution, after a continued string of …
Eriell Group in Cooperation with JSC Uzbekneftegaz Brings New Gas Wells Online in Uzbekistan and Completes Workover of 328 Wells
ERIELL Group is pleased to announce that, in line with the “Program of measures to increase hydrocarbon production for 2017-2021” and in cooperation with Uzbekneftegaz JSC, it has completed workover of 328 wells and has put into commercial operation seven new gas wells in the Kashkadarya and Bukhara regions, as …
Shearwater Geo Acquires Six Polarcus Vessels
Six of the seven seismic acquisition ships previously operated by Polarcus have been acquired by Bergen, Norway, headquartered Shearwater GeoServices Holding. Polarcus went into liquidation after its lenders took possession of the vessels. Its other ship, the Vyacheslav Tikhonov, which is on bareboat charter to a unit of Sovcomflot, was …
CGG Launches SeaScope as Part of Expanding Environmental Monitoring Portfolio
CGG has launched SeaScope, an innovative pollution monitoring solution, as part of its growing portfolio of products and services for environmental application. Combining expertise in remote sensing science, Earth observation data, machine learning and high-performance computing, SeaScope provides critical sea surface slick intelligence for a range of industries to strengthen …
Baker Hughes and Bloom Energy to Collaborate on Efficient Power and Hydrogen Solutions to Accelerate Energy Transition
Baker Hughes, an energy technology company, and Bloom Energy, a leader in distributed energy, have announced and agreed to collaborate on the potential commercialization and deployment of integrated, low carbon power-generation and hydrogen solutions to advance the energy transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210505006086/en/ Baker …
Weatherford: Announces First-Quarter 2021 Results
Weatherford International plc announced today its results for the first quarter of 2021. Revenues for the first quarter of 2021 were $832 million, a decline of 1% sequentially and 32% year-on-year. Reported operating loss was $13 million in the first quarter of 2021, compared to an operating loss of $107 million in the fourth quarter of 2020 …