UOR News

GE & Baker Highes Merger: Clears USA DoJ – GE to Divest GE Water

GE & Baker Highes Merger: Clears USA DoJ – GE to Divest GE Water

Baker Hughes Incorporated and General Electric Company announced today that they have reached an agreement with the Department of Justice that would allow the parties to complete their proposed transaction under U.S. law. Today’s milestone represents significant progress toward.

Rubicon Oilfield International: Acquires World Oil Tools

Rubicon Oilfield International: Acquires World Oil Tools

Rubicon Oilfield International today announced it has acquired the assets and operating business of World Oil Tools Inc., a leading manufacturer and supplier of specialty inflatable products and technology consumed in downhole completions operations

New Skoltech Lab Revolutionises Approach to Difficult Oil Deposits

New Skoltech Lab Revolutionises Approach to Difficult Oil Deposits

he Skolkovo Institute of Science and Technology (Skoltech) unveiled its Center for Hydrocarbon Recovery’s new state-of-the-art laboratory on June 6 during the annual Startup Village, when Deputy Prime Minister Arkady Dvorkovich and Skolkovo Foundation president Victor Vekselberg visited...

Gazprom and RusGazDobycha Sign Memorandum of Intent

Gazprom and RusGazDobycha Sign Memorandum of Intent

Alexey Miller, Chairman of the Gazprom Management Committee, and Artem Obolensky, Director General of RusGazDobycha (a special-purpose company established by National Chemical Group), today signed in St. Petersburg a Memorandum of Intent...

Baker Hughes: Launches TerrAdapt Adaptive Drill Bit

Baker Hughes: Launches TerrAdapt Adaptive Drill Bit

Baker Hughes announced today the commercial release of its TerrAdapt™ adaptive drill bit, which can deliver dramatic improvements in drilling economics by using automation to mitigate downhole dysfunctions that cause inefficient drilling and costly tool failures

Gazprom Neft: Multi Stage Fracturing

Gazprom Neft: Multi Stage Fracturing

Twenty years ago the company performed its first hydraulic fracturing on the testing ground of Noyabrskneftegaz’s Karamovskoye field. Since then, the hydraulic fracturing technique has become ever more sophisticated...

NovosibirskNIPIneft: Smart Wells – Downhole Monitoring

NovosibirskNIPIneft: Smart Wells – Downhole Monitoring

The objective of production well flow performance and other parameter monitoring is to optimize oil and gas production. This article describes the concept of continuous downhole monitoring of operating well perforation intervals...

Halliburton and Baker Hughes: Response to EU's Phase II Review of the Acquisition

Halliburton and Baker Hughes: Response to EU's Phase II Review of the Acquisition

Halliburton Company and Baker Hughes Incorporated today noted the decision by the European Commission to initiate a Phase II review of Halliburton’s pending acquisition of Baker Hughes. This decision is a normal step in the Commission’s review process, and the views expressed by the Commission at this stage are preliminary only...