Schlumberger New Energy and Thermal Energy Partners Enter into Agreement to Create STEP Energy, a Geothermal Project Development Company
Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) announced today that they have entered into an agreement to create STEP Energy, a geothermal project development company. STEP Energy will leverage its partners’ expertise to develop efficient and profitable geothermal power generation projects, providing an opportunity to …
CHEMIX CASEGUARD: A New, Field-Proven Solution for Sustained Casing Pressure (SCP)
Sustained Casing Pressure (SCP) is a global problem with significant safety and environmental risks to Well Integrity. In a cemented annulus, CHEMIX CASEGUARDTM is the solution. Introduction: In this article we introduce CASEGUARD™ as THE rig-less solution to SCP. We describe a case history and explore the unique properties of the fluid. We …
TMK Announces Application to Delist its GDRs from LSE and Intention to Terminate its Depositary Receipts programmes
PAO “TMK”, one of the world’s leading producers of tubular products for the oil and gas industry, announces that it has applied to the London Stock Exchange for the cancellation of the listing and admission to trading of its Regulation S and Rule 144A Global Depositary Receipts (CUSIP: 87260R201 and …
UK’s Leading Energy Trainer Appoints New Manager for Survivex
Leading training provider, Survivex, has appointed a new general manager to oversee day-to-day operations and support key training management service clients. Jamie Purves comes to Survivex from drilling contractor, Valaris, where he was regional training and competency manager responsible for personnel working in the North Sea and Norway regions. Having …
TMK Announces 2Q 2020 IFRS Results
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, today announces its interim consolidated IFRS financial results for the six months ended June 30, 2020. 2Q 2020 Highlights Financial – 2Q Revenue up 2% quarter-on-quarter at RUB 56.7 billion, reflecting …
Completion of the Voluntary Tender Offer for TMK Ordinary Shares Made by Volzhsky Pipe Plant
PAO “TMK” one of the world’s leading producers of tubular products for the oil and gas industry, announces the completion of settlements under the voluntary tender offer made by JSC Volzhsky Pipe Plant, a wholly-owned subsidiary of TMK, to acquire up to 358,758,064, or 34. 7%, of the ordinary shares …
PGS ASA: Rejection of TGS Proposal to Acquire PGS MultiClient Library
Oslo, Norway, the Board of PGS ASA, together with PGS Management, has reviewed and assessed the unsolicited, conditional and non-binding proposal to acquire the MultiClient data library of PGS received from TGS-NOPEC Geophysical Company ASA on August 6, 2020. The Board has unanimously concluded to reject the TGS proposal. The …
Weatherford, INT Expand Collaboration to Create 2D, 3D Real-Time Well Visualization
Weatherford International plc announced a strengthened collaboration with upstream data visualization provider INT to provide next-level, real-time well visualization in both 2D and 3D. Weatherford will embed INT’s IVAAP framework into the Weatherford Centro™digital well delivery software, advancing its data visualization capabilities. “Weatherford’s selection of the IVAAP framework for their …
Wild Well Control and Oil Spill Response Sign Strategic Alliance Agreement for Increased Response Capabilities
Wild Well Control (WWC) and Oil Spill Response Limited (OSRL) have signed a strategic alliance agreement, which provides an increased capability to the Oil & Gas industry. The collaboration between WWC and OSRL has been strategically implemented to further enhance the capabilities of the Global Subsea Response Network’s (GSRN) services, …
Schlumberger: Holds Completions Technology Customer Meetings
During first quarter of 2020 the first Completions technology day was held in Moscow Russia with the participation of over 50 representatives from Russian NOC as well as IOC Customers, including Rosneft, Gazpromneft and Shell. Schlumberger Moscow Research Center (SMR) hosted this event. Within two days interactive sessions following topics were …