Saipem: Results for the Third Quarter and the First Nine Months of 2019
The Board of Directors of Saipem S.p.A., chaired by Francesco Caio, yesterday approved the Saipem Group’s Interim Report at September 30, 2019 (not subject to audit). Highlights New contracts: significant new contract awards, with value in excess of €13.9 billion at September 30, 2019; this amount rises to €16.2 billion …
Clear Solutions International Nominated as Finalist for the 2019 World Oil Awards
Clear Solutions International is proud to be nominated as finalist for the 2019 World Oil awards – “Best Health, Safety, Environment / Sustainable Development – Onshore Award”, for the 2019 World Oil Awards. We ended runner up in this category, however we are very confident that our Pure-Bore® Performance Technology …
Schlumberger Announces Third-Quarter 2019 Results
Worldwide revenue of $8.5 billion increased 3% sequentially International revenue of $5.6 billion increased 3% sequentially North America revenue of $2.8 billion increased 2% sequentially GAAP loss per share, including charges of $8.65 per share, was $8.22 EPS, excluding charges, was $0.43 representing a 23% sequential increase Cash flow from …
BHGE Changes Its Name to Baker Hughes Company
Baker Hughes, a GE company announced today its successful name change to Baker Hughes Company. The Company will be known as Baker Hughes, and on Oct. 18, 2019, its Class A common stock will begin trading on the New York Stock Exchange under the symbol “BKR”. Baker Hughes is uniquely positioned as an energy …
Rosgeology Completed Seismic Work on West Bykovskaya Square in Udmurtia
Permneftegeofizika PJSC (APG, a subsidiary of Rosgeologia JSC) completed seismic exploration on West Bykovskaya Square in the Udmurt Republic under a contract with OOO LUKOIL-PERM. During the summer field season, 3D MOGT seismic surveys were performed on an area of 419.7 square meters. km A study was made of the geological …
TMK Announces 3Q 2019 Operational Results
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces its operational results for the third quarter and nine months of 2019. 9M and 3Q 2019 Summary Results (thousand tonnes) Product 9M 2019 9M 2018 Change 3Q 2019 2Q 2019 Change Seamless pipe 2,003 …
Halliburton Awarded License for Gravel Pack Completions
Halliburton announced today that it was awarded an international license for ExxonMobil’s patented Non-Aqueous Fluid Gravel Packing (NAFPac™) technique for gravel pack completions. Hole stability and shale inhibition are keys to successful installation of openhole completions. Non-aqueous fluid (NAF) is often selected to optimize the drilling process, but hole stability …
Axel: Achieves 2 bps Downhole Data Transmission and 1st Independent Triple Combo
2x faster penetration rate reached using Axel telemetry system on a Lukoil well by Kogalymneftegeofizika in September of 2019. In September of 2019 on a Lukoil well Kogalymneftegeofizika conducted a field test of Axel telemetry system. It was used to horizontally drill more than 500 meters. A triple combo sensors …
Subsea 7 Awarded Contract Offshore UK
Subsea 7 today announced the award of a sizeable(1) contract by Shell for the Pierce depressurisation project, located approximately 160 miles offshore, east of Aberdeen. The contract scope involves the engineering, procurement, construction, transportation and installation (EPCI and T&I) of a 30km gas export pipeline, a gas export riser and associated …
Fugro Appoints Erik-Jan Bijvank as Group Director Europe and Africa
Fugro’s Board of Management has appointed Erik-Jan Bijvank as Group Director for Europe and Africa. He will start at Fugro on 1 January 2020.Leidschendam, The Netherlands08 Oct 2019 Erik-Jan Bijvank worked at Stork, a Fluor company, for over 20 years, where he fulfilled several senior management roles both in the …