Baker Hughes says it expects to make some US$500 million annual savings by the end of 2016, as part of measures it is taking following the collapse of its proposed $34.6 billion merger with Halliburton. The initial phase of the cost reduction…
Sandvik will offers weld-free coiled tubing in lengths exceeding 1000m. The first 1010m coiled tube reel is to be symbolically delivered on 10 October 2016 for a demanding offshore oil and gas customer. To meet a growing need for coiled tubing in very long lengths…
UK-based well examination services firm Chris Dykes International has been acquired by Danish well management company WellPerform. Established by Chris Dykes in 2002, following a career with oil majors and the UK's Health and Safety Executive…
Oil & Gas UK has published an update of its Well Life Cycle Integrity Guidelines. The publication reflects recent changes in the regulatory environment, such as the requirement for well-operators and drilling contractors to integrate…
Aberdeen-based well intervention specialist READ Cased Hole launched its latest logging technology, ZeroTime, at the 2016 SPE ICoTA Coiled Tubing and Well Intervention Conference and Exhibition in Houston. As a logging while working solution…
Mike Jardon is to take over as CEO of UK-based Expro succeeding Charles Woodburn, who is leaving the company in April to join defense firm BAE Systems. Jardon joined Expro in 2011 as COO, after holding senior roles within Schlumberger’s wireline…
Halliburton has released the Dash 3in subsea safety system, a solution for electrohydraulic control of Halliburton’s subsea safety tree. Previously, control was provided through direct hydraulic pressure from the surface. This latest edition…
READ has launched a new micro-leak detection solution, which will deliver answers for on the spot well integrity management decisions, to help maximize operational safety and minimize downtime, the company said. The diagnostic solution…
Kongsberg Oil & Gas Technologies has been awarded a 3-year contract by Wintershall for provision of its hosted SiteCom real-time data aggregation and visualization solution for well construction. All real-time, planned and historical…
Better success rates from North Sea exploration drilling could be achieved if historical well data was stored and shared better, according to the results of a review of well data published. The Oil and Gas Authority says a lack of quality geoscience and geophysics work…
NorSea Group (UK) has won a five-year contract with Wild Well Control for the storage of its emergency response WellCONTAINED System at NorSea Group’s facilities in South Base, Montrose. The WellCONTAINED system of services includes…
Claxton Engineering Services, an Acteon company, has formed a collaborative alliance with energy services firm LR Senergy to provide clients with an offshore rig-based decommissioning service. The new alliance builds on a long-established relationship between the two companies…
Aberdeen-based sand control technology firm has secured a contract with Statoil following a successful trial of its downhole well completions technology. Darcy has signed a framework agreement with Statoil to supply its unique hydraulic…
Image from Baker Hughes. Baker Hughes announced the commercial release of FATHOM XT SUBSEA525 inhibitor that helps control asphaltene deposition in deepwater wells. The…
Weatherford International announced the commercial release of JetStream Radio Frequency Identification (RFID) circulation sub at the 2015 Annual Technical Conference and Exhibition. Poor wellbore integrity can cause events such as stuck pipe…
