Service Companies & Manufactures

TMK has implemented a system for collecting, storing and analyzing security events. The system is powered by a MaxPatrol SIEM software solution from Positive Technologies, a global provider of innovative security solutions and a leader in responding to advanced cyber threats. TMK’s partner for the project was Jet Infosystems, a …

Technology increases drilling efficiency and maximizes bit stability by optimizing cutter placement Halliburton Company today introduced Crush & Shear™ Hybrid Drill Bit, a new technology that combines the efficiency of traditional polycrystalline diamond compact (PDC) cutters with the torque-reducing capabilities of rolling elements to increase drilling efficiency and maximize bit …

InflowControl announces that Vitaly Shkred has been appointed Sr. Regional Manger – Business Development, for RUS/CIS. Vitaly Shkred joins InflowControl as Sr. Regional Manager – Business Development, responsible for Russia and CIS.  Vitaly is sand control completions expert with more than 14 years of experience across various roles with Baker …

CGG Geoscience has announced that its Smart Data Solutions (SDS) business group has recently been awarded data management contracts representing a total backlog of about $10 million. Given the current industry context, these awards reflect the continued high priority that clients have on digitalizing and thus enhancing the value of …

DNV GL and FPSO specialist Bluewater are undertaking a pilot project to use hybrid digital twin technology to predict and analyze fatigue in the hull of an FPSO in the North Sea. The project aims to validate and quantify the benefits of creating a virtual replica of the FPSO to …

First technology to connect wellsite services and the drilling rig to increase efficiency and safety during well construction operations Halliburton Company today introduced Digital Well Operations, a DecisionSpace® 365 cloud solution. Digital Well Operations is the industry’s first open and integrated well operations software that seamlessly connects the entire value …

Caterpillar Inc. has signed an agreement to acquire the Oil & Gas Division (“Weir Oil & Gas”) of the Weir Group PLC, a Scotland-based global engineering business. Headquartered near Fort Worth, Texas, Weir Oil & Gas produces a full line of pumps, flow iron, consumable parts, wellhead and pressure control …

Drilling the well on a simulator before its drilling project in the Norwegian North Sea has proved so successful for oil and gas exploration company, Wellesley Petroleum, it is now looking to roll out the initiative across other well projects. Wellesley commissioned a mobile ‘On-the-Rig’ (OTR) drilling simulator, which is …

Instant Intelligence to Optimize Well Production, Drive Profitability Weatherford International plc has launched ForeSite® Sense, the world’s most comprehensive reservoir monitoring solution that shows, in real-time, the critical downhole data that determines profit: pressure, temperature and flow. “Data tells the story of reservoir behavior, and reservoir behavior determines production efficiency and …

Drillmec – Rosneft: A Five Highly Mobile Rigs Contract At the end of 2019, Drillmec landed a five highly mobile drilling rig full packages contract with Rosneft, Russia’s leader of the drilling industry and the world’s largest global public oil and gas corporation. The deployment of these rigs will increase number …