NEWS — Click on text to read news by category: General | Product | People | Worldwide
Aker Partners with ABB to Develop Solutions to Improve Efficiency of Subsea Oil and Gas Production
April 29, 2016
ABB has partnered with Norway-based Aker Solutions to develop solutions capable of improving efficiency and production of subsea oil and gas fields globally. As part of the partnership, Aker Solutions’ subsea capabilities will be integrated with ABB’s subsea power and
EMC to Provide Broadband Communications, Content for Global Vessel Fleet of Oilfield Services Leader
April 28, 2016
EMC has been awarded a multi-year contract with the leading global oilfield services company to provide mission-critical satellite broadband communications for its vessels worldwide. Under the contract, EMC will provide equipment, global bandwidth, services and support for seismic vessels and
Egyptian Upstream Operator Goes Live with TouchstoneEnergy’s EnergyFlow AFE Automation
April 27, 2016
An Egyptian upstream operator aims to improve compliance and reduce overspend by as much as 100 percent by utilizing TouchstoneEnergy’s EnergyFlow AFE; which could result in an annual saving of up to US$1.5 million. TouchstoneEnergy’s EnergyFlow provides seamless integration with
Halliburton Turns to IBM Cloud to Help Evaluate Development Decisions for Oil and Gas Fields
April 27, 2016
Halliburton has adopted IBM Cloud to run its sophisticated reservoir simulation software to help it better understand how complex oil and gas fields might behave under different development scenarios. Halliburton uses large reservoir simulation models to help oil and gas
Trelleborg Identifies Sealing Materials to Extend Seal Life for Oil and Gas Hydraulic Applications
April 26, 2016
Trelleborg Sealing Solutions has identified sealing materials that offer extended life in HFC applications. Due to the different chemical makeup of HFC and HLP fluids, sealing materials proven and traditionally used with HLP fluids, though effective in HFC applications, do
Statoil and Kongsberg Partner to Develop Snake-like Robots for Subsea Maintenance
April 26, 2016
Norwegian firms Kongsberg Maritime and Statoil have partnered with Norwegian University of Science and Technology (NTNU) spin-off company Eelume to develop swimming robots for subsea inspection and light intervention operations. Under the terms of the deal, Eelume will collaborate with
Weir Oil & Gas Launches Next Generation of Valve and Seat for Well Stimulation Pumps for Shale Plays
April 26, 2016
Weir Oil & Gas has unveiled the new SPM 2.0 valve & seat for well stimulation pumps used in shale plays globally, following two years of research and more than $1 million investment in advanced engineering and comprehensive testing. Designed
GE Unveils Global Circuit Breaker Platform GuardEon for Offshore Oil Rigs and Remote Mines
April 26, 2016
GE’s Industrial Solutions business has introduced its new GuardEon* molded-case circuit breaker (MCCB) at Hannover Messe, the world’s leading trade fair for industrial technology. From its smart, secure and reliable operation to the way it’s manufactured, GuardEon is a global
BESTOLIFE™ Rolls Out Versatile HONEY KOTE™ Drilling Compound
April 26, 2016
BESTOLIFE™ Corporation has unveiled its latest innovation in premium copper-based drilling compounds. HONEY KOTE™ is specially formulated to provide maximum protection against seizing, galling, and load-bearing stress on drill collars and drill pipes used in the oil and gas industry.
Packers Plus Energy Advances High Frac Intensity Capabilities in Williston Basin, North Dakota
April 25, 2016
Packers Plus Energy Services Inc. has successfully completed multiple wells in North Dakota’s Bakken formation using advanced high frac intensity systems, specifically designed for extended reach wells. The completions were made possible by continued advances in ball-drop completion technology using
