Sercel Enter into Exclusive Negotiations with LISS – Low Impact Seismic Sources
CGG announced today that Sercel and Low Impact Seismic Sources (LISS) have entered into exclusive negotiations for the acquisition of LISS by Sercel. In collaboration with Shell, LISS has developed the TPS (Tuned Pulse Source), an innovative marine seismic source with much enhanced low-frequency output. The LISS TPS solution meets …
On-the-Rig Simulator Improves Stuck Pipe Prevention Rates for SSK in Russia
Since opening its state-of-the-art simulator training facility in Nefteyugansk, the Siberian Service Company (SSK) has upskilled hundreds of personnel in drilling and well control operations and improved stuck pipe prevention rates. The new training centre was launched in October 2019 following SSK’s investment in the latest generation of On-the-Rig (OTR) …
TMK Conducted a Safety Check at its Facilities as Part of Steel Safety Day-2021
The Pipe Metallurgical Company (TMK) conducted industrial safety audits at its enterprises and outlined a number of measures to improve working conditions following the Steel Safety Day-2021, which is held annually under the auspices of the World Steel Association. TMK participates in Steel Safety Day (SSD) for the sixth year …
TMK Presented to Dmitry Medvedev a Project for the implementation of Digital Twins at STZ
Sergey Chikalov, Deputy General Director of the Pipe Metallurgical Company (TMK) for Scientific and Technical Development and Technical Sales, presented to the Deputy Chairman of the Security Council of the Russian Federation, Chairman of the Board of Trustees of the Skolkovo Foundation, Dmitry Medvedev, a project to introduce digital twins …
Arnco Technology: Field Trial Shows Success and Practicality of Heat-less Welding Technology
Since pioneering casing-friendly hardbanding alloys nearly 25 years ago, Arnco has been in the business of protecting pipe. With their patent-pending Heat-less Welding Solutions, they’ve increased the life of work string tubing by rebuilding the upsets to new pipe specifications while maintaining metallurgical and mechanical integrity of new pipe. A recent …
Shearwater GeoServices Acquires Streamers and Renews Fleet
Shearwater GeoServices Holding AS (Shearwater) today announced two transactions to take over marine seismic acquisition assets previously owned by Polarcus, from Tiger Moth AS, a company affiliated with Woodstreet Inc. Shearwater has acquired streamers and related seismic equipment for a total cash consideration of USD 50 million. The company further …
Silixa Recognised for Lighting the Way in Fibre-Powered Data Solutions in the Oil & Gas Sector
Silixa Ltd., a driving force in fibre-powered data solutions, has won the Queen’s Award for Enterprise: Innovation 2021 for the commercialisation of its ground-breaking Carina Sensing System. The system takes the high-density coverage of distributed sensors beyond that which can be achieved by point sensors, redefining the possibility for such …
NOV Reports First Quarter 2021 Results
NOV Inc. today reported first quarter 2021 revenues of $1.25 billion, a decrease of six percent compared to the fourth quarter of 2020 and a decrease of 34 percent compared to the first quarter of 2020. Net loss for the first quarter of 2021 was $115 million, or 9.2 percent …
TMK Invited Representatives of the Fuel and Energy Complex to Jointly Develop Hydrogen Energy Technologies
The Pipe Metallurgical Company (TMK) has invited organizations of the fuel and energy complex (FEC) of Russia and representatives of other industries to cooperate in the development of hydrogen technologies in the country. Sergey Chikalov, Deputy General Director of TMK for Scientific and Technical Development and Technical Sales, said this …
Halliburton Introduces New Borehole Imaging Technology
Halliburton Company (today announced StrataXaminer™, a new wireline logging service that helps operators acquire more accurate well data to better evaluate production potential. The tool delivers high-resolution images of the reservoir structure to identify bedding, fracture patterns, fault zones and potential flow barriers with increased accuracy. Obtaining high resolution images …