The Drilling Slider, Hydraulic Fracturing on Salt Water and the SHOCK Center of the TAGRAS Holding Division Received TatOilExpo-2024 Diplomas
In the competition for the best project or technical solution within the framework of the Tatarstan Petrochemical Forum TatOilExpo–2024, the TAGRAS–RS division of the TAGRAS Holding received the highest award. The drilling rig movement system was awarded the Grand Prix of the competition in the nomination “The best project/technical solution …
The Largest Oilfield Services Company in the United States Has Been Subjected to a Cyber Attack
The largest oilfield services company in the United States, Halliburton, has been subjected to a cyberattack, its employees are trying to fix the problem, Reuters reports. A representative of the company told the agency that Halliburton is aware of the problem affecting certain systems of the company, is working to …
The Largest Oilfield Services Corporation Expands Its Presence in Russia after the Departure of Competitors
Oilfield services Corporation SLB, formerly known as Schlumberger, is strengthening its position in the Russian market after the departure of Western competitors. This was reported by the Financial Times newspaper. “The documents show that the company also continued to import materials from other sources, importing equipment worth $17.5 million between …
Pemex Has Decided to Increase Oil Production from Old Deposits in the Gulf of Mexico
The Mexican state oil company Petroleos Mexicanos (Pemex) has agreed with the private oilfield services company CME Oil and Gas on the reconstruction of the mature Bacab and Lum fields in the Gulf of Mexico, Bloomberg reports. Investments over 15 years are planned in the amount of $1.65 billion. It …
Belarus Wants to Expand Its Presence in Russia in the Oilfield Services Market
Belarusian oil companies intend to expand their presence in the oilfield services market in Russia, said Alexander Lyakhov, General Director of the Belorusneft production association. “We have our own technologies that are adapted to work both in Belarus and in Russia. In recent decades, we have been actively studying the …
American Oilfield Services Company Turns Its Gaze to the Middle East
On the eve, the American drilling rig manufacturer Helmerich & Payne announced plans to acquire British competitor KCA Deutag International Ltd., which has enough projects in the Middle East. Helmerich & Payne is not one of the “big four” oilfield services companies, for it the acquisition of a company for …
Another Giant Has Emerged in the Offshore Energy Oilfield Services Market
Norwegian offshore services company DOF Group has announced an agreement to acquire Denmark-based Maersk Supply Service for $1.11 billion. The combined company, branded as DOF Group, will be one of the largest oilfield services companies in the offshore energy industry with a combined market capitalization of approximately $2.3 billion. The …
SLB’s $7,75B ChampionX Acquisition Delayed
Oilfield services company SBL (formerly Schlumberger) said it has received a second request for additional information from the U.S. Department of Justice in connection with its $7.75 billion acquisition of rival ChampionX. ChampionX has also received a second request, SLB said, adding that it now expects the deal to close …
Russian Oil Companies are Looking for Partners in Azerbaijan
Among them are Tatneft and oilfield services companies from Tatarstan. The Baku Energy Week (June 4-6) is taking place in the capital of Azerbaijan. Leading representatives of the oil and gas industry and energy from around the world are participating in it. Large Russian companies have also become active participants …
American Baker Hughes Will Support a Gas Project in Algeria
American oilfield services company Baker Hughes announced the signing of a major contract with the largest Algerian state-owned oil and gas company SONATRACH, specializing in the production, processing and sale of oil and natural gas. The contract is part of a wider order for the construction of booster plants, Phase …