Dril-Quip and controls technology company Proserv Group have announced an agreement pursuant to which Dril-Quip will rely on Proserv as supplier for the development and manufacture of its subsea control systems
Technology
Upwing, Mitsubishi to work on DeepStar’s magnetic drive system project
Upwing Energy, an artificial lift technology company, and Mitsubishi Heavy Industries (MHI) have been awarded the next phase of the Magnetic Drive System (MDS) project by DeepStar, an offshore research and development consortium
Fugro completes autonomous geophysical route survey
Geo-data specialist company Fugro has completed the Middle East’s first fully autonomous geophysical shallow-water route survey in response to increasing demand for remote offshore services
Weatherford production optimisation software boosts revenue by US$156mn for Middle East operator
Weatherford International, one of the largest multinational oilfield service companies, has announced its production optimisation software platform increased production by nearly 6,000 bpd, boosting revenue by US$156mn over three years for a Middle East operator
Bilfinger Tebodin Middle East signs engineering service deal with PETROJET
Bilfinger Tebodin Middle East has signed an engineering master service agreement with oil and gas contractor PETROJET in Egypt
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