Service Companies & Manufactures

Based on preliminary reporting from operating units, TGS management expects net IFRS revenues* for the first quarter of 2021 to be approximately USD 186 million, up from USD 52 million in Q1 2020. Net segment revenues* are expected to be approximately USD 75 million, compared to USD 152 million in …

PHX Energy Services Corp. announces that its Board of Directors has approved a $10 million increase to the Corporation’s 2021 capital expenditure program (the “2021 Program”) and anticipates allocating $8 million of this increase towards growth capital and $2 million towards maintenance. With this increase the Corporation now anticipates spending …

Volant Products Inc. (Volant) is pleased to announce the appointment of Dean Yuill as Chief Operating Officer (COO). As a member of Volant’s Executive Team, Dean will help lead our global business and build operational excellence. Dean Yuill joins the company with over 40 years of experience in the Energy …

Safe Influx has announced today that the rig trial of the industry’s first ever integration of Managed Pressure Drilling (MPD) and Automated Well Control technology has been completed.  Following months of preparation by Weatherford, Safe Influx and Finesse Control Systems (who build the Safe Influx equipment and develop the logic programming), a series …

In this latest evolution of the highly successful H series range, Parker focuses on safety, reliability, efficiency in use and reduced leakage, in conjunction with its much-acknowledged expertise in the use of corrosion resistant alloys. Barnstaple, UK, 8th April 2021 – Parker Instrumentation Products Division Europe – part of Parker …

China’s leading centre for well control training, CNOOC Well Control Centre (CWCC), is investing £1.1 million in state-of-the-art simulator technology to support the oil and gas industry across the region. CWCC has developed new classrooms and installed several MultiSIMs, DrillSIM:5s and DrillSIM:Educators at its training centre in Tianjin, delivered by …

DNV has published new procedures designed to provide the required safety level in transporting CO2 by pipelines and strengthen the development of carbon capture and storage (CCS) projects. This follows the outcome of the CO2SafeArrest joint industry project (JIP) between Energy Pipelines CRC (Australia) and DNV. The work has been supported …

Aggreko has won bp Exploration’s tender to power the new offshore Azeri Central East platform in the Caspian Sea. In March 2021, Aggreko provided bp with offshore and onshore diesel generation in excess of 8 MW, load stands with a total capacity of 15 MW for testing, air compressors and …

Plug Power, Chart Industries, Inc. and Baker Hughes, are announcing their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund (“FiveT” or “the Fund”), a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects at scale. This press release features multimedia. View the …

Wellbore Integrity Solutions (WIS) and Well-SENSE Technology UK Ltd jointly announce a business cooperation agreement for the provision of Fiberline (FLI) Intervention Tools and Services. “FLI Technology from Well-SENSE is truly a game-changing technology and we are excited to be a partner in the growth of this service globally”, stated …