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The company will design and manufacture 10 fully-rotational torque machines and five high-torque stroking machines for a range of clients who are either expanding into new locations or replacing ageing equipment.
The well T-39, the third well of the three-well drilling campaign at the Company's Taribani complex, situated within the Block 12 license in Georgia, has been sidetracked from the existing wellbore and drilled to a vertical depth of 2800 m into the Eldari A formation.
The bid round, scheduled to close on September 28, offers four blocks in Brazil’s pre-salt area, but three of these were already offered in previous rounds and received no bids.
International expansion bucks trend in challenging oil and gas sector and boosts company’s competitiveness in low-cost manufacturing environment.
New name to reflect life-of-field services, data and technology focus.
Canada, China and Nigeria will also be significant spenders on planned pipelines by 2022, considerably expanding their pipeline network.
Conglomerates and domestic independents among most active resource acquirers in region.
A first-hand experience of what is involved in helicopter safety training, simulated crane operations and subsurface field engineering are some of the activities secondary students from Aberdeen and Angus are part of during OPITO’s three-day Industry Awareness programme.
Gardner Denver Petroleum & Industrial Pumps, the only total solutions provider to the drilling, well servicing and frac pumps market, has announced the opening of Gardner Denver Oklahoma City.
The oil and gas industry has vastly accelerated the pace of approving investments for new projects over the past 18 months. New facilities worth more than US$110 billion have been approved for development since the beginning of 2017, versus only US$50 billion in 2016.
44% of industry leaders are actively getting ready for the shift to a lower-carbon energy mix.
Well lateral lengths in the Permian have increased in average by more than 1500 ft since 2016 to approximately 7500 ft by the end of 2017, says GlobalData.