Weatherford teams with IBM for next-generation production optimisation solutions
Collaboration to combine IBM Advanced Analytics, IoT Capabilities, and the IBM Cloud with Weatherford production software.
Collaboration to combine IBM Advanced Analytics, IoT Capabilities, and the IBM Cloud with Weatherford production software.
The WAVE-4 personnel carrier for standing passengers offers fall prevention, impact protection and has floating and self-righting capabilities.
Cooper Energy’s sale of its 55% interest in the Tangai- Sukananti KSO, South Sumatra Basin is expected to occur after the 29 July.
Incremental production is estimated at around 2000 boe/d in H2 2016 on average and it is expected to further increase in 2017.
In addition, the company has reported successful results from the Shenandoah #5 appraisal well.
Schlumberger has agreed to fund €7.5 million of services on the forthcoming Badile well.
The company is also on track for higher profitability in H1 2016.
Total captured the benefit of the recovery in oil prices since the start of the year, and adjusted net income rose to US$2.2 billion in the second quarter of 2016.