Service Companies & Manufactures

Expro Group and Frank’s International to Combine to Create a Leading Full-Cycle Service Provider

Expro Group, a privately-held international energy services company with market leadership in well access and well flow optimization, and Frank’s International (NYSE: FI), a global oil services company that provides a broad range of highly engineered drilling and completions solutions and services, today announced a definitive agreement under which the …

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Service Companies & Manufactures

Aker Solutions Accelerates Strategic Development for Sustainable Business and Appoints New EVP

Last year, Aker Solutions established a business segment dedicated to the energy transition, such as low-carbon solutions and projects for renewable energy. Today, the company announces that it will also reduce the environmental footprint from its own operations. Marianne Hagen has been appointed executive vice president for sustainability and communications. …

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Service Companies & Manufactures

TMK: Signs Acquisition Deal with PJSC ‘ChelPipe’ Controlling Shareholder Andrey Komarov

PJSC “TMK” and the controlling shareholder of PJSC “ChelPipe”, Andrei Komarov, announce the deal for the acquisition of 86.54% of shares in PJSC “ChelPipe” by PJSC “TMK”. All necessary approvals, including the approval of Russia’s Federal Antimonopoly Service, have been received. “Today’s event is another step in the implementation of …

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Service Companies & Manufactures

TMK Starts Shipping Pipes for Uzbekneftegaz Under an Annual Contract

Pipe Metallurgical Company (TMK) has started shipping pipe products for Uzbekneftegaz JSC under an annual contract. More than 9 thousand tons of pipes have already been delivered to the partners. The annual contract with Uzbekneftegaz JSC was signed following the results of bilateral negotiations in December 2020 at the Embassy …

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Service Companies & Manufactures

TMK Announces FY 2020 IFRS Results

PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its audited consolidated IFRS financial results for the year ended December 31, 2020. FY 2020 Highlights Financial – FY Revenue down 28% year-on-year at RUB 222.6 billion, largely reflecting the disposal …

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Service Companies & Manufactures

CGG Announces its Q4 and Full Year 2020 Results

CGG, a world leader in Geoscience, announced today its fourth quarter and full year 2020 audited results. Commenting on these results, Sophie Zurquiyah, CGG CEO, said: “In the particularly challenging year of 2020, which saw the collapse of the oil & gas market across the second and third quarters, we …

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Service Companies & Manufactures

Schlumberger New Energy, Chevron, and Microsoft Collaborate on Carbon Negative Bioenergy

Schlumberger New Energy, Chevron Corporation, Microsoft and Clean Energy Systems today announced plans to develop a ground-breaking bioenergy with carbon capture and sequestration (BECCS) project designed to produce carbon negative power in Mendota, California. The BECCS plant will convert agricultural waste biomass, such as almond trees, into a renewable synthesis …

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Service Companies & Manufactures

Asset Guardian Solutions Limited becomes an Official Partner for the Scottish Association for Mental Health

Asset Guardian Solutions Limited (AGSL) is pleased to announce it has become an official corporate partner for the Scottish Association for Mental Health (SAMH). The new partnership will see AGSL and SAMH work together to promote and raise awareness of the mental health cause, and the support SAMH offers to individuals …

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Service Companies & Manufactures

Aspen Technology: Artificial Intelligence, Bird’s Eye View

Adi Pendyala, Senior Director of Market Strategy at Aspen Technology, shared his expert opinion on the development and application of modern technologies based on artificial intelligence (AI) and machine learning, and presented an overall concept and the definition of AI, particularly in terms of its use in resource-intensive industrial companies. …

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Service Companies & Manufactures

Paradigm Drilling Services: Expand Service Offering in Russia

Paradigm Drilling Services (PDS) based in Inverurie, Aberdeenshire, part of Paradigm Group B.V. which is headquartered in Groot-Ammers, the Netherlands, have recently launched their services in Russia by appointing a local industry expert to promote their drilling services and innovative drilling equipment. The newly appointed PDS representative, Yury Bredelev, will …

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