Paradigm Group Drilling Services Launches Online Store
Paradigm Drilling Services (PDS), part of Paradigm Group based in Inverurie Aberdeenshire, is launching an online store to offer their range of drilling tools and services. The online shopping experience has been pioneered by the company to make it easier for their clients to order products and support their projects. …
Siemens to Modernize Full Drilling-Drives Package and Cooling System on Jackup Rig for Arabian Drilling Company
Siemens was awarded a contract by Arabian Drilling Company to modernize a complete and integrated drilling-drives lineup, including auxiliaries and controls, that will be installed on an offshore jackup drilling rig for a customer in the Middle East. In addition to new features and benefits, the upgrade will also enable …
PGS ASA: Completion of Refinancing
Reference is made to previous announcements by PGS ASA (“PGS” or the “Company”) in respect of the refinancing first published on 21 January 2020 (the “Refinancing”). PGS is pleased to announce that the Refinancing transaction has been completed. As announced on 21 January 2020, selected terms and conditions of the …
Deal to Commercialise Oil Spill Technology Between Flinders University and Clean Earth Technologies
A material made from waste cooking oil and sulphur that can soak up oil spills and other pollution will be commercialised following a deal between its South Australian inventors and a Singaporean company. The collaboration between Flinders University and Clean Earth Technologies will result in a manufacturing facility in South Australia to produce commercial …
CGG Completes Exit from Land Data Acquisition
CGG announced today that it has completed the wind-down and exit from its land seismic data acquisition business after completing its last land seismic acquisition contract in Tunisia. Following on from the company’s recently announced exits from seabed and marine data acquisition, this milestone marks the successful completion of CGG’s …
PGS Has Entered Into An Agreement with Cognite to Reduce Vessel Operating Costs and Improve Efficiency
Leveraging fleet productivity and technology is an important pillar of PGS business strategy. PGS is using its digital transformation process to accelerate strategy execution. In cooperation with Cognite, PGS has launched two digitalization workstreams aiming at improving fleet performance; refining approaches to optimize fuel consumption and reducing maintenance cost by …
TGS Announces New Chief Financial Officer (CFO)
TGS has today appointed Fredrik Amundsen as the new Chief Financial Officer (CFO) of the company. He has been with the company for 16 years and comes from the position as Executive Vice President (EVP) Europe at TGS. Kristian Johansen, CEO at TGS, stated: “Following the acquisition of Spectrum in …
Schlumberger Moves Technology Chief to Head of ‘New Energy’ Division
Oilfield service giant Schlumberger is moving one of its top executives to lead a newly created division for “new energy” initiatives. In a Friday morning filing with the Securities and Exchange Commission, Schlumberger reported that Executive Vice President of Technology Ashok Belani switched roles Feb. 11 to become executive vice …
Roxtec Extends High Density Cable Sealing Solution Range
Roxtec HD transits are designed for applications with high cable density and high demands. Save time and space One cut-out for a Roxtec HD (high density) transit can accommodate up to 41 armored or non-armored cables, drastically reducing the amount of space required when compared to 41 cable glands. Use …
CGG Wins Multi-Year Dedicated Center Contract Renewal for Total
CGG announced today that its Geoscience division has been awarded a contract renewal by Total, for the continued operation of its Dedicated Processing Center (DPC) in Pau, France. The new contract will run for five years starting in January 2020. The two companies have been working in close collaboration at …