TGS acquires Spectrum
Spectrum owns the world’s largest 2D library of seismic data.
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Spectrum owns the world’s largest 2D library of seismic data.
Adjusted earnings were US$4.19 billion in 1Q19, down from US$4.41 billion in 1Q18. Adjusted earnings after tax were US$1.54 billion, up from US$1.47 billion in the same period last year.
Contracts for six of the eight rigs were awarded to Gulf Drilling International (GDI), while the contracts for the remaining two rigs were awarded to Northern Offshore Drilling Operations Ltd.
Oceaneering International Inc. has secured a new drilling and completion support contract for integrated services with Wintershall Norge AS.
The engineering work is expected to begin immediately, and the contract will be reflected in McDermott's 2Q19 backlog.
The patented Seatooth PipeLogger is an integrated pipeline, umbilical, risers and flowlines temperature monitoring and data transfer solution that can provide real-time monitoring for offshore and subsea assets.
Hunting PLC have announced its Hunting Titan division has entered into an agreement with Xi’an Well-sun Electronics Technology PLC.
The agreement covers Keathley Canyon blocks 642, 643, 686, and 687 and provides for the drilling of a delineation well at Repsol’s Leon discovery.
Gastech has announced its preliminary programme for the 2019 conference taking place at NRG Center in Houston, Texas, 17 – 19 September.
“Through this transformational acquisition, Noreco will become the second largest oil and gas producer in Denmark and establish itself as a considerable exploration and production company in the North Sea,” said Riulf Rustad, Chairman of the Board of Noreco.
The crucial role of technology and innovation in the oil and gas sector will come under the spotlight at the 2019 Future Oil & Gas conference and associated Technology Innovation Showcase.
Delek said it believed that if a deal is reached, it could be completed this year and would be financed through bank loans and its own resources.