Welltec becomes largest shareholder of Isealate AS
Welltec is now the largest shareholder of Isealate, and will be exclusive global partner to the innovative company based in Stavanger, Norway, providing patented patch-thru-patch technology.
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Welltec is now the largest shareholder of Isealate, and will be exclusive global partner to the innovative company based in Stavanger, Norway, providing patented patch-thru-patch technology.
Equinor has now transferred its participating interests in four Russian joint ventures to Rosneft and is released from all future commitments and obligations.
Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring to the Åsgard field in the Norwegian Sea.
The new organic and biodegradable lubricant is a safe and efficient alternative to flammable or hazardous solvents and corrosion inhibitors used in umbilicals.
The company’s pumps are helping to optimise oil recovery while reducing greenhouse gas emissions in a project in the Middle East.
A report on the safety risk of working in confined spaces, developed by Professor Andrew Woods of the BP Institute at Cambridge University, indicates that many organisations in the oil & gas industries have been operating below the generally tolerable levels of safety risk.
At the start of Q1 2022, global oil and gas industry contract activity was stifled due to the Russia-Ukraine conflict, according to GlobalData.
The company has been awarded a three–year contract with Petronas through its local agent, Time Marine Services, to provide all required tools, chemicals and services for the company’s wellbore cleanup operations in east Malaysia.
Digitalisation and robotics in day-to-day oil and gas operations, is enabling the industry to improve productivity and profitability, says GlobalData.
CGG’s Sensing & Monitoring division acquired the company as it specialises in high-value services and products for geotechnical risk management and infrastructure monitoring.
Low-cost tieback expected to add up to 75 000 bbl per day of oil production.
Two of the oil and gas industry’s respected and experienced leaders have been celebrated with Honorary Life Memberships at the opening day of the 2022 APPEA Conference and Exhibition.