Service Companies & Manufactures

TMK, one of the world’s leading producers of tubular products for the oil and gas industry (the “Group’), announces its operational results for the third quarter and first nine months of 2020. The Group’s results include the operational results of the Russian and European divisions represented by production assets located in …

CGG has extended its commitment to green energy by renewing and expanding its contract to power all its operating sites in the UK with renewable energy. As an early adopter of renewable energy sources for its UK operations eight years ago, CGG has evaluated the green credentials of its suppliers …

“The widespread disruptions in the oil market and the significant reduction in energy companies’ 2020 budget continued to impact the seismic market in the third quarter. Our vessel utilization ended at 71%, of which a large majority was allocated to MultiClient. The standby time of 11% reflects the dramatic reduction …

Baker Hughes Company announced results today for the third quarter of 2020. “Despite continued uncertainty in global oil and gas markets and the ongoing impact of the COVID-19 pandemic, we produced solid results in the third quarter of 2020. I am pleased with the continued execution on cost-out from our …

PAO “TMK”, one of the world’s leading producers of tubular products for the oil and gas industry, announces the completion of share buyback program of TMK ordinary shares that has been approved by the Board of Directors on 11 September 2020 (the “Program”). The Program was performed by “Volzhsky Pipe Plant”, Joint stock company (“VTZ”) …

Siemens Energy and Bentley Systems, Inc. have announced a joint solution that delivers intelligent analytics derived from domain experience to reduce operating expenditures associated with oil and gas assets. The new service, known as Asset Performance Management for Oil & Gas, or APM4O&G, incorporates key complementary offerings from both companies …

Schlumberger Limited today reported results for the third quarter of 2020. Schlumberger CEO Olivier Le Peuch commented, “Our results in the third quarter clearly demonstrate our focus on execution, returns, and customer performance. Margins expanded sequentially while pretax segment operating income and adjusted EBITDA grew 45% and 21%, respectively, highlighting …

With its 23rd place, Saipem is the first Italian company out of the 100 most sustainably managed companies in the world. The study was conducted by an independent academic research team led by the @WSJ, who assessed more than 5,500 publicly traded businesses based on a range of sustainability metrics.  The …

SmartFleet™ Intelligent Fracturing System Delivers Real-Time Control While Pumping Halliburton today introduced SmartFleet™, the first intelligent automated fracturing system. SmartFleet, unlike any current fracturing fleet, gives operators real-time fracture control while pumping by integrating subsurface fracture measurements, live 3D visualization, and real-time fracture commands. The SmartFleet system connects to the …

CGG GeoSoftware has released new versions of its Cloud-ready reservoir characterization and petrophysical interpretation software with innovative enhancements that boost performance and improve usability. Jason Workbench 10.2 offers enhanced display options, upgraded QCs and monitoring, and more user-friendly interfaces. The Python machine learning ecosystem contains additional basic and advanced sample …