Weatherford International plc (OTC-PINK:WFTIQ) has signed two drilling services contracts totaling $67.4 million with two Russian majors. The first contract spans two-and-a-half years. Operations began in July 2019 and will last through the end of 2022. Weatherford will provide logging-while-drilling (LWD), measurement-while-drilling (MWD), rotary steerable systems (RSS), drilling, and geo-data...
MacGregor, part of Cargotec, has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater Floating Production Unit (FPU) located on the China Sea Lingshui 17-2 gas field. The order is booked into Cargotec’s third quarter of 2019 order...
The SPE Russian Petroleum Technology Conference attracted more than 670 delegates to Moscow from leading international and regional operating and service companies, research institutes and universities. International delegates hailed from the Middle East, Africa, Asia and the Americas. Since its launch in 2006, the SPE Russian Petroleum Technology Conference has...
Sulzer GTC Technology has signed an agreement with JSC SIBUR-Neftehim (SIBUR) to provide its licensed pyrolysis gasoline (pygas) processing technologies. This includes design of the fractionation, first and second stage hydrotreating, aromatics extraction and thermal hydrodealkylation technologies. The system is intended to modernize gasoline production at SIBUR’s Kstovo olefins...
DNV GL is urging offshore oil and gas operators to implement a new solution using floating wind turbines to power water injection for oil recovery. “WIN WIN” (WINd powered Water INjection) was conceived in 2013 by DNV GL and is now ready for prototype development after two joint industry projects...
Jointly organized by NACE International and Saint Petersburg Polytechnic University, CORROSION – Oil & Gas 2019 brings together corrosion professionals in Saint Petersburg on May 22-24, 2019. Advance your knowledge in corrosion mitigation by attending this conference and learn from corrosion experts on the following topics: Cathodic Protection, Coatings and...
BP Ventures has invested $5 million in Belmont Technology’s Series A financing to further bolster BP’s artificial intelligence (AI) and digital capabilities in its upstream business. The investment supports BP’s ongoing work exploring opportunities to apply machine learning and cognitive computing in its global oil and gas business. The Houston technology...
Cortec Corporation’s VpCI®-391 water-based coating is transforming transit and storage protection options for equipment manufacturers, suppliers, and owners. This removable coating delivers exceptional corrosion protection for indoor and outdoor applications and dries to a thin, clear film which is virtually unnoticeable. VpCI®-391 can be used to protect both unpainted...
A compact neutron source has been used to quickly and non-destructively measure the amount of salt inside pieces of concrete. The technique was developed by Yoshie Otake by and colleagues at RIKEN in Japan and could help assess salt damage in the world’s aging civil infrastructure, according to Physics...
Fugro is set to commence its first project using new multipurpose ROV support vessel, Edda Sun, with mobilisation for the IRM contract planned for March 2019. With a recently announced two-year charter of the Edda Sun, Fugro has enhanced its IRM, construction and decommissioning support services in Europe. The Edda Sun...