Service Companies & Manufactures

TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today commenced the Malvinas 3D program in Argentina. This survey was first announced to the market on August 4, 2020. The BGP vessel Prospector will acquire approximately 5,000 square kilometers, which will bring the total coverage …

Varel International Energy Services (Varel), a long-standing provider of drilling and downhole solutions, today announced its redefining vision for business growth supported by a fresh, new brand enabling a strong narrative around Varel’s people, approach and customer experience.  The enterprise announces Varel Energy Solutions (VES) as the new company name …

NexTier Oilfield Solutions Inc. and National Oilwell Varco, Inc. today announced that the two companies recently entered into an agreement to collaboratively field test NOV’s electric fracturing system known as the Ideal™ eFrac fleet. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201118005378/en/ The Ideal eFrac fleet provides efficient, …

DNV GL has published the oil and gas industry’s first recommended practice (RP) on how to build and quality-assure digital twins. Developed in collaboration with TechnipFMC, DNVGL-RP-A204: Qualification and assurance of digital twins sets a benchmark for the sector’s varying approaches to building and operating the technology. It guides industry …

MagniSphere service delivers real-time reservoir evaluation data to improve drilling performance and optimize well placement for maximized production Schlumberger announced today the introduction of MagniSphere* high-definition NMR logging-while-drilling service. This new service delivers accurate, real-time producibility analysis for optimum well placement, resulting in improved production and recovery in complex reservoirs. …

Innovex Downhole Solutions to acquire Rubicon Oilfield International, establishing leading independent global provider of high value oilfield products and technical services. Innovex Downhole Solutions, Inc. (“Innovex”) announced that it has entered into a definitive agreement to acquire Rubicon Oilfield International (“Rubicon”). The transaction is expected to close in early 2021 …

When it comes to measuring and recording well performance and reservoir behavior, downhole permanent gauges continue to stand the test of time, especially in terms of reliability and long-term performance that are key to achieving the customer’s reservoir monitoring requirements. Permanent gauges are installed downhole to monitor and deliver accurate pressure and temperature readings in …

Stratview Research announces the launch of a new research report on FRP Pipe & Tank Market by Type (FRP Pipe and FRP Tank), by Application Type (Oil & Gas, Chemical/Industrial, Water/Wastewater, and Marine & Offshore), by Resin Type (Polyester, Vinyl Ester, and Epoxy), by Manufacturing Process Type (Filament Winding, Centrifugal Casting, Hand Lay-up, …

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, is pleased to announce that the Company has entered into a licence agreement (the “Agreement”) with Cameron International Limited (“Cameron”), a Schlumberger group company, the world’s leading oilfield …

Forum Energy Technologies, Inc. today announced third quarter 2020 revenue of $104 million, a decrease of $10 million from the second quarter 2020. Orders received in the quarter increased by $7 million to $92 million. Net loss for the quarter was $22 million, or $0.19 per diluted share, compared to …