Downhole Products News


Prysmian Awarded $96 Million in Trade Secrets Dispute Against Sterlite

Aug 12, 2024

Italian cable maker Prysmian on Monday received about $96 million in its trade secrets case against India's Sterile Technologies.Prysmian filed the lawsuit in 2021 claiming that a former executive Stephen Szymanski misused trade secrets and took them to his new employer Sterlite…

Chevron Departing California for Texas

Aug 02, 2024

U.S. oil company Chevron Corp said on Friday it was replacing several long-standing managers in a reshuffle of senior jobs and that it was moving its headquarters to Houston from San Ramon, Calif.The changes come as the company works to cut costs and renew leadership after a series of setbacks…

GA Drilling Teams Up with Petrobras for Next-Gen Downhole Drilling Systems

Jul 25, 2024

Slovakia-based drilling specialist GA Drilling has entered into a technical cooperation program with Brazil’s state-owned oil and gas giant Petrobras to deliver more efficient deep drilling system.In cooperation with Cenpes, Petrobras’ research…

Akselos Appoints Chief Product & Technology Officer

Jul 23, 2024

Akselos, a pioneer in Structural Performance Management (SPM) software, has appointed Dr. Claus Reimers as Chief Product & Technology Officer (CPTO).Drawing on his vast technical background, leadership skills and energy industry expertise, Reimers…

Fugro Nets Fresh Work for Community Offshore Wind on US East Coast

Jul 17, 2024

Community Offshore Wind, a joint venture between RWE and National Grid Ventures, has selected Fugro to perform a geotechnical investigation of their lease area in the New York Bight.With 3 GW of offshore wind energy potential, the developed…

Current News

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