Service Companies & Manufactures

Weatherford International plc (“Weatherford” or the “Company”) will host a conference call on Wednesday, August 5, 2020, to discuss the results for the second quarter ending June 30, 2020. The conference call is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time) and a press release announcing the results will be issued …

Radio Frequency Identification-Equipped Downhole Casing Isolation Valves Aim to Increase Operational Safety and Reservoir Performance Weatherford International plc (OTC Pink: WFTLF) announced it has been awarded an exclusive four-year contract with Eni S.p.A. The contract will provide a minimum of 30 Non-Umbilical Downhole Deployment Valves (NU-DDV™) that will be deployed …

Exillon Energy plc announces today an update on its plans to cancel the listing of its ordinary shares (the “Shares”) on the premium segment of the Official List of the Financial Conduct Authority and of trading on the Main Market of the London Stock Exchange plc (the “LSE”) (the “Delisting”). …

CGG announced today that Sercel has acquired a 34% shareholding in AMBPR, a start-up company that designs and markets autonomous robots for repairing (sanding and painting) large metallic structures, used in the maritime and energy industries. Sercel recognised the potential of AMBPR through Axandus, Sercel’s Industrial Accelerator program, which helps …

Forum Energy Technologies, Inc. today provided the following update on the status of its business: During the first half of 2020, the COVID-19 pandemic and associated actions taken around the world to mitigate the spread of Coronavirus caused a significant decline in economic activity and oil demand. At the same …

As previously announced, on March 19, 2020, Parker Drilling Company (the “Company”) filed with the State of Delaware amendments (the “Charter Amendments”) to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effectuate a 1-for-50 reverse stock split (the “Reverse Stock …

CGG GeoSoftware has collaborated with Alibaba Cloud to successfully deploy its suite of proprietary geoscience software solutions on the Alibaba Cloud platform. All applications across the entire GeoSoftware portfolio also run on the Azure and AWS cloud platforms, offering advanced capabilities in machine learning and artificial intelligence, as well as …

Drillmec Deploys 85 Mud Pumps Across The Globe Drillmec has secured several different mud pump supply orders, despite the current challenges of both the upstream oil & gas market and the COVID-19 situation. The 85 mud pump units ranging from 1,000 to 2,200 hp cover part of Drillmec’s broad product …

Forum Energy Technologies, Inc. announced today that, as part of its continuing cost reduction plan, the corporate executive team will be reduced and reorganized. Changes to the executive team will be effective July 10, 2020 and are as follows: D. Lyle Williams, Jr. will be the Executive Vice President and …

Schlumberger introduced today Symphony* live downhole reservoir testing, a technology platform that enables operational control of the downhole testing toolstring to deliver real-time downhole measurements. Symphony testing reduces operational time and improves safety and efficiency while enabling informed decision making for better reservoir understanding and reduced field development planning uncertainty. …