Polarcus: Lenders Withdraw Support Of Ongoing Vessel Operations – Vessels to Sail for Safe Habour
Polarcus Limited refers to the announcements issued on 26 January 2021 concerning the enforcement of share pledges over the Former Subsidiaries. Capitalized terms in this announcement have the same meaning as given in those announcements. Since the earlier announcements, the Company has been in continuous dialogue with the Lenders and …
Baker Hughes and NOVATEK Partner to Develop Pioneering Lower Carbon Hydrogen Solution for LNG Trains
Baker Hughes and PAO NOVATEK have signed a cooperation agreement aimed at reducing carbon emissions from natural gas and liquefied natural gas (LNG) production. The two companies will cooperate on the development and implementation of innovative compression and power generation technology solutions from Baker Hughes for NOVATEK’s LNG projects, supporting …
FlexConnect HP Frac Hose: Efficiently Handle High-Pressure Frac Operations without Traditional Iron
We understand the current industry’s challenges with numerous leak points and long rig-up and rig-down time with traditional iron set ups. The FlexConnect™ high-pressure frac hose is a composite hose that can be readily manufactured to multiple lengths, from 2- to 7-in. ID, and pressures up to 15,000 psi to …
AGR Signs Agreement with dCarbonX to Accelerate GeoEnergy Development and Decarbonisation in Exploration
AGR’s Well Management business unit has entered into a strategic framework agreement for Decarbonisation Exploration with UK-based dCarbonX. The Scope covers supporting dCarbonX in the development of GeoEnergy resources. This includes Carbon Capture, Use and Storage (CCUS) and geothermal and hydrogen storage covering dCarbonX’s planned operated projects in the United …
Drilling Systems: Drilling Training Goes Virtual at Malaga Drilling School
Internationally renowned Malaga Drilling School has switched to online teaching during the pandemic for its IWCF-approved drilling and well control training using virtual simulators. The ‘iDrillSIM’ by simulation world leaders, Drilling Systems, uses tried-and-tested well control software to create a virtual drilling experience in the cloud, enabling students to undergo …
CGG: Commits to Carbon Neutrality by 2050
Aligned with the company’s longstanding commitment to act responsibly and minimize the impact of its activities on the environment, in every sector of its business, CGG has announced its pledge to become carbon neutral by 2050 in scopes 1 & 2 of the Greenhouse Gas (GHG) Protocol. Company-wide efforts are …
TMK: Becomes First Company in Russia to Bench Test Premium OCTG Connections to ISO Standards
TMK’s R&D facility at Skolkovo has become the first in Russia to run comprehensive bench tests of premium OCTG connections. The research took several months and was conducted to ISO standards to verify the performance of TMK UP CENTUM quick-assembly threaded connections. The tests marked the culmination of extensive efforts …
PetroStrat Announces Acquisition of Specialist Geology Business Unit from RPS Energy
Acquisition Sees PetroStrat Become Industry’s Leading Provider of Stratigraphic Subsurface Services As Well As Now Providing a Complete and Integrated Geological Package to Clients PetroStrat Ltd, an industry leading stratigraphic consultancy that provides a comprehensive suite of geological services to the upstream oil and gas industry, has announced the acquisition of …
Volant Products: Appoints New Chief Operating Officer
Volant Products Inc.’s Board of Directors is pleased to announce the appointment of Tom Connors as Chief Operating Officer (COO). Tom Connors has spent over 20 years leading and building companies in the Oilfield Services sector. Most recently he was Executive Vice President of Canadian Operations for Ensign Energy Services …
SAP and DNV GL Partner to Deliver an Oil and Gas Industry Cloud Solution Designed to Combat Corrosion
SAP SE and DNV GL, one of the largest independent management and quality assurance experts, said they have teamed up to deliver a new industry cloud solution, Corrosion Under Insulation (CUI) Manager, designed to tackle a major problem facing the integrity of oil and gas plants. Corrosion Under Insulation Manager is one …