TMK and Rosneft Discuss Partnership to Introduce Innovations in Oil Production
Pipe Metallurgical Company (TMK) and PJSC NK Rosneft discussed scientific and technical cooperation within the framework of the technological day on pipe products, which TMK held at its R&D center in Skolkovo. The parties summed up the results of the implemented projects and outlined areas of joint work to create and …
TMK Made a Profit of Half a Billion Rubles from the Implementation of Digital Twins
The Pipe Metallurgical Company (TMK) received about half a billion rubles of additional profit from the implementation of digital twins of rolling mills at the Volzhsky (VTZ) and Seversky (STZ) pipe plants. The economic effect was achieved by improving the quality of pipe products, producing pipes from new steel grades and …
CGG and dCarbonX Sign Strategic Agreement for Decarbonisation Exploration
CGG has signed a strategic agreement to support dCarbonX in the subsurface assessment of its operated clean energy projects offshore Ireland and the UK (which include geothermal energy and storage sites for CO2, hydrogen and ammonia). Such projects are critical in the ongoing energy transition from fossil fuels to renewable …
PGS ASA: First Quarter 2021 Results
“Our MultiClient revenues significantly improved compared to Q1 2020. Strong client commitments to ongoing MultiClient projects delivered a pre-funding level of 107% of the capitalized MultiClient cash investment. MultiClient Late Sales were encouraging, and with revenues close to $50 million we are off to a good start for the year. …
Baker Hughes Company Announces First Quarter 2021 Results
Baker Hughes Company announced results today for the first quarter of 2021. “We are pleased with our first quarter results as we generated strong free cash flow, continued to drive forward our cost-out efforts, and took further meaningful steps in the execution of our strategy. During the quarter, TPS delivered …
With New CEO, Cenosco is on Track to Consolidate its Asset Integrity Management Software as a Market Standard
Cenosco announced today that Jan Poulsen has been appointed as the company’s new CEO, succeeding Mischa Simonis. Poulsen will focus on further professionalising the company and steering Cenosco towards continuous product development. This will enable Simonis to focus on the product development side more exclusively. The announcement comes on the …
CGG’s Smart Data Solutions Business Optimizes Performance of PleXus Data Management System
Smart Data Solutions, part of CGG’s Geoscience division, has released a significantly enhanced version of PleXus, its powerful cloud-based online data management portal. The new PleXus system offers today’s E&P industry users a scalable, flexible and cost-effective solution for easy, fast and focused access to the important subsurface geoscience assets …
Noble Corporation Completes Combination With Pacific Drilling
Noble Corporation today announced the completion of its acquisition of Pacific Drilling Company LLC (“Pacific Drilling”), effective on April 15, 2021. Pacific Drilling’s high specification ultra-deepwater drillship fleet further enhances Noble’s global position as an owner and operator of one of the most modern and technically advanced fleets in the …
Schlumberger Will Collaborate With Equinor for DELFI Environment Deployment, Fully Integrated With the OSDU Data Platform
Schlumberger and Equinor announced today a strategic project, in collaboration with Microsoft, to deploy the DELFI* cognitive E&P environment, with seamless integration to the OSDU Data Platform—the industry’s new data standard. This project aims to accelerate Equinor’s ability to integrate data at scale and improve decision making. “We are pleased …
TMK Celebrates 20 Years at the Peak of High Technology
Pipe Metallurgical Company (TMK) celebrated the 20th anniversary of its foundation on April 17, 2021. In honor of the anniversary, TMK’s regions of presence hosted ceremonial meetings with the participation of company and regional management, corporate events for employees of the enterprises and environmental campaigns. TMK was founded in 2001. In 2002, …