Product news

The software will support Valaris employees globally in managing their learning and competency needs.

After seeing a recovery in service costs and an increase in activity over the last few years, the 2020 market volatility will again challenge the short-term demand for many oil field service products and solutions.

The Performance Live service provides customers with instant access to data and collaboration with domain experts, enabling faster, more informed decision making for directional drilling, well logging, formation testing and other oil and gas operations.

The platform enabled the customer to automate production monitoring, analysis, and optimisation asset-wide for 1700 electric submersible pump wells.

The system, initially delivered in the Intervention Riser System (IRS) configuration, provides a 6-3/8 in. through bore and is suitable for all types of well intervention operations up to 15 000 psi and in water depths up to 10 000 ft.

This process significantly reduces the impact on the environment, when compared to historic methods.

The booth features product information, video presentations and corporate literature.

In the fast-moving onshore drilling industry, operators are constantly looking for ways to mitigate risks and extend laterals while reducing costs.

Stuart Kinnear, Interface Fluidics, reveals how venture capital firm Phaze Ventures worked with Interface Fluidics, a technology-enabled oil and gas lab service company, to bring new oil optimisation solutions to market.

Seeq Corp. has announced the availability of Seeq connectors to CygNet enterprise SCADA and WITSML data storage systems to expand support for oil and gas industry end users.

The new imaging approach uses seismic reflection and refraction information to automatically update the velocity model, enabling high-quality images in geologically complicated areas. 

The Velox™ wellhead system is designed for operators needing to lock in pressure integrity while enhancing safety and improving efficiency.

The funding has been secured from eight parties, including Oxford Sciences Innovation (OSI), Parkwalk, Oxford Investment Consultants, the University of Oxford and GF Piping Systems.

Mr. Kjetil Ramstad will take up the CFO position as of 2 June 2020.

Mojapelo succeeds Priscillah Mabelane who was notably the first woman in South Africa’s oil history to head up a multinational company.