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Oil & gas news

RotoJar becomes HydroVolve and appoints new CEO

HydroVolve, based in Aberdeen, UK, has appointed Jamie Airnes as CEO and launched a new range of technology solutions built on its patented hydraulic-powered downhole engine.


Ecuador defaults on debt to Perenco

A tribunal ruled in September 2019 that Ecuador owed Perenco US$391 million as a result of its takeover of Blocks 7 and 21.