Service Companies & Manufactures

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, …

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 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 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 …

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, 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 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, 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 …

Kvaerner is implementing a broad range of precautions to mitigate the effects of the covid-19 virus.  Focus is on protecting life and health for people in Kvaerner, at our business partners and in the societies around us. In addition, the company works to reduce the effects on ongoing operations and future business opportunities.   Kvaerner’s Executive Management Team has decided …

Parker Drilling Company today announced that its Board of Directors, following a global search led by Heidrick & Struggles, has appointed Sandy Esslemont, a veteran of the oil & gas industry, to serve as President and Chief Executive Officer. Mr. Esslemont will also join the Company’s Board of Directors. He …