Paradigm announced the release of the latest version of its Geolog formation evaluation and petrophysics analysis solution suite. The release includes a plug-in that enables direct data transfer from Geolog to Petrel seismic to simulation software…
Specialist downhole tool provider Peak Well Systems has opened a new technology center in Dubai dedicated to its growing customer base in the Middle East and North Africa. The facility accommodates regional technical sales and engineering teams for improved customer reach…
The Intervention & Coiled Tubing Association’s European Chapter (ICoTA) will examine the role of wireless communication technology and its benefits in well intervention at its next lunch and learn session on 20 May. The presentation,…
Aker Solutions’ former well intervention services business, which was acquired by private equity fund EQT VI in January this year, has been restructured and will operate under two brands from 22 Apr 2014: Altus Intervention and Qinterra Technologies…
Paradigm announced that Mexico seismic services company, COMESA, has incorporated the full Paradigm software suite for seismic processing and imaging, interpretation and modeling and reservoir characterization, including: GeoDepth, SeisEarthand Geolog…
Paradigm announced the launch of Sysdrill, its wellplanning and drilling engineering solution on the Amazon Web Services (AWS) cloud. Sysdrill enhances well planning accuracy and reduces drilling risk and uncertainty. Its deployment on the…
EQT VI has entered into an agreement to acquire Oslo-listed Aker Solutions ASA’s Well Intervention Services Business for an enterprise value of NOK 4 billion. “The acquisition has come to fruition through close cooperation with Aker Solutions…
A group of operators in the North Sea is taking a joint approach to barrel chasing through well intervention. Could other regions do the same? In many cases, total annual production associated with well intervention operations exceeds annual production from new wells drilled in the same year…
Expro Group says lightweight, mobile systems are needed to meet future deepwater intervention needs. Demand for deepwater subsea well intervention services continues to grow. However, to date, the focus remains on completions for new field developments…
The European branch of the Intervention & Coiled Tubing Association (ICoTA Europe) has announced the finalists of its Innovation Awards ahead of its annual SPE ICoTA Well Intervention Conference. The award is presented annually to an organization that…
Elijio Serrano has been appointed SVP and CFO of Tetra Technologies. He joins the company from UniversalPegasus International and previously served in senior management posts with Paradigm and Schlumberger.
Allan Browne and Donald Ballantyne have been appointed BDMs at Paradigm Flow Services, Browne focusing on the subsea sector and Ballantyne on topsides technologies. Browne was GM of Halliburton’s SureStream pipeline flow assurance…
Final commissioning of Expro’s ground-breaking AX-S well intervention system took place recently onboard the Havila Phoenix on a subsea well in Norway’s Onarheimsfjorden. Preparations are now under way for the system’s first commercial well intervention job in the North Sea…
Since it began addressing safety critical fire water deluge system integrity issues a year ago, Paradigm Flow Solutions has rapidly expanded its provision in this area. The company is now working on life-of-field solutions with two North Sea operators…
Serial offshore innovator Fraser Innes, a familiar face from early North Sea days through his stewardship of Petroline, is continuing his technology-stretching ways today as CEO of the Dutch-based Paradigm Group and chairman of its two UK offshoots…
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