Parker Drilling Makes Statement Regarding Recent Stock Splits
As previously announced, on March 19, 2020, Parker Drilling Company filed with the State of Delaware certificates of amendment to the Company’s certificate of incorporation, which became effective upon filing, to effectuate a 1-for-50 reverse stock split, which was followed immediately by a 50-for-1 forward stock split. As disclosed in …
eDrilling Wins Contract for Total’s Well Construction Planning Technologies
eDrilling announced today that it has been awarded a contract by Total S.A. for its well construction planning technologies, as part of Total Drilling Engineering Software Kit (also known as T-Desk) & Drilling & Wells digital platform re-development. T-Desk is the corner stone software for well design engineering within Total. …
Rosgeology Performed Airborne Geophysical Surveys in East Antarctica on an Area of Almost 15,000 km2
Specialists of JSC Polar Marine Exploration Expedition (PMGE, a subsidiary of JSC Rosgeologiya) have successfully completed field airborne geophysical work in East Antarctica, provided for by the program of the 65th Russian Antarctic Expedition (RAE). From January to March 2020, the airborne geophysical detachment of the Antarctic Geophysical Party PMGE, …
TMK’S Board of Directors Approves a Tender Offer by its Subsidiary for its Ordinary Shares and Delisting of its GDRs
PAO TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces that the Board of Directors of TMK, at its meeting on 8 April 2020, has approved a programme to purchase ordinary shares of the Company. In addition, the Board of Directors of …
Novomet-Track Remote Monitoring and Control System, Enabling Safe and Secure ESP Production Control from a Safe Distance
Novomet-Track combines hardware and software in a single system to deliver remote monitoring and control for electrical submersible pumping (ESP) equipment. This easy-to-use system provides access to the surface equipment used to control an ESP using a secure internet connection. The system can be installed and activated in just one …
Fugro’s Response to COVID-19 Pandemic
Fugro is taking appropriate measures during the COVID-19 pandemic to keep its employees, partners and clients safe and healthy while ensuring service delivery. Leidschendam, the Netherlands 06 Apr 2020 07:00 CET First priority is to protect the health and safety of employees, partners and clients The company is taking …
TGS Approves 2019 Financials
The Board of Directors of TGS-NOPEC Geophysical Company ASA has today approved the financial statements for 2019. The financial statements were approved with the following changes from the preliminary annual accounts announced on 12 February 2020: The final reported tax expense was 18,1 million USD. This is a reduction of …
Plexus Holdings PLC: Interim Results for the 6 Months to 31 December 2019
Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its interim results for the six months to 31 December 2019. Financial Results Following the sale of the wellhead Jack-up exploration application business (the “Jack-up Business”) to …
Nabors Responds to Market Conditions
Nabors Industries Ltd. announced today it is taking several actions in light of current market conditions, which have arisen from the combination of the COVID-19 outbreak and the ongoing dispute between two of the largest oil exporters. Anthony G. Petrello, Nabors’ Chairman, CEO and President, commented, “The safety of our …
Fugro Partners with Sea-Kit International to Develop New Range of Uncrewed Surface Vessels
Fugro, the world’s leading Geo-data specialist, has announced a strategic partnership with SEA KIT International, winner of the Shell Ocean Discovery XPRIZE. SEA-KIT is a global provider of hi-tech solutions to maritime and research industries, to develop a new range of agile and compact uncrewed surface vessels (USVs) which can …