InterOil Corp. has appointed former BG Group chief executive officer and Shell executive Chris Finlayson as chairman-designate. Finlayson, 58, joins the board immediately, and will replace Dr. Gaylen Byker. Finlayson, who is a director of Lloyd’s Register…
Daniel Camerini at Ativatec’s workshop at UFRJ’s Technology Center in Rio de Janeiro. Photo by Claudio Paschoa. Claudio…
In today’s oil and gas markets, there are many drilling situations in which an operator faces adversity. A growing difficulty to successfully and economically drill and produce wells has created a global demand for proper well optimization…
The Oil Tool Grinder has now been upgraded by Dean, Smith & Grace and re-launched as the OTG2. MTTG companies have been manufacturing the original oil tool grinder since its introduction in 2004, and the latest machines now range from…
Tri Tool Incorporated will be opening a new 15,000sq ft office and warehouse location to better serve the offshore and onshore pipeline oil & gas industries in the gulf region. On May 7th, Tri Tool will be hosting a grand opening event…
Oil and gas chemical monitoring firm LUX Assure is to present a new produced water monitoring technology at the ITF Technology Showcase in Aberdeen this week. MOTEYE has been developed to monitor produced water being used for reinjection…
ALS Oil & Gas, the new international oilfield services company, formed through the acquisition of Reservoir Group by ALS Ltd. in 2013, has acquired the North American completions services provider, BMP Enterprises LLC (BMP). The acquisition…
Atlas Copco has acquired U.K.-based bolt tightening developer and marketing firm Tentec Ltd. Tentec, based in West Bromwich, has 65 employees and had revenues, in 2012, of £9.8million. The company, which was founded in 1988, specialises in hydraulic bolt tensioners…
Bluestream Offshore has taken delivery of the third of four ROVs ordered from Saab Seaeye in the last twelve months. Their new 2000m-rated Cougar XT is the second of this model to be added to the fleet of 11 ROVs already operated by the offshore services company…
Acteon announced that it has completed the acquisition of Probe Oil Tools Ltd., which is based in Great Yarmouth, UK. Established in 1973 and still being run by its managing director, Keith Ford, Probe Oil Tools is a specialist provider of high-specification pressure-control equipment…
Hardide Coatings (stand 4D148) has developed an innovative coating to extend the life and improve the performance of drilling tools operating in extremely abrasive environments. This is the first successful high performance coating for TSP…
Decommissioning is on the rise and the cost to industry will be about US$80 billion over the next 25 years to plug and abandon more than 5,000 wells, clear flowlines, and remove related structures. Is there a way to improve the decommissioning process…
The combined application of the ISO-MAX security packer and selective rotation and circulation tool (SRCT) helped a North Sea operator prevent losses during well displacement, thus ensuring well integrity and improving the chances of a successful completion…
Issues can develop in a producing well that can negatively affect operations, production, and ultimately, revenue generated. Oilfield services provider Aker Solutions has recently completed trials of a new well intervention system designed to track coiled tubing operations in real time…
SPEX Group, an Aberdeen-based provider of technology solutions and services to the oil and gas industry, won an excellence award for its success in the Technology Innovation category and was jointly named rising star at the Scottish regional judging of the PwC / HSBC Private Business Awards 2013…