Halliburton Company (NYSE: HAL) and TGS-NOPEC Geophysical ASA (OSLO: TGS) have announced a collaboration to bring advanced seismic imaging to fiber optic sensing.
Halliburton Company (NYSE: HAL) and TGS-NOPEC Geophysical ASA (OSLO: TGS) have announced a collaboration to bring advanced seismic imaging to fiber optic sensing.
In a joint statement, the companies said the alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. As part of the agreement, Halliburton’s FiberVSP and Odassea distributed acoustic sensing solutions will now incorporate TGS’s seismic imaging workflows that process the entire seismic wavefield to generate high-resolution reservoir images, the companies revealed.
Offshore Engineer ROCS is ready for operation in one lift. Photo courtesy Optime Through the use of ROCS we have been able to move tons of actual equipment from the rig, as well as mechanical and hydraulic interfaces, into a simple and efficient software. This is truly digitalization, said Mads Rødsjø, head of Aker BPâs subsea well operations. Photo courtesy Optime
Optimeâs subsea system, Remotely Operated Controls System (ROCS) has completed a successful subsea operation for Aker BP, the company reports. The ROCS is designed to eliminate the umbilical during well completions, and it was deployed during a completions operation for a production well for Aker BP on the Ãrfugl-field on the Norwegian Contintental Shelf in late February.
Halliburton Announces First Quarter 2021 Results oilandgasonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilandgasonline.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Halliburton Announces First Quarter 2021 Results
April 21, 2021 GMT
HOUSTON (BUSINESS WIRE) Apr 21, 2021
Halliburton Company (NYSE: HAL) announced today net income of $170 million, or $0.19 per diluted share, for the first quarter of 2021. This compares to a net loss for the fourth quarter of 2020 of $235 million, or $0.27 per diluted share, as well as adjusted net income for the fourth quarter of 2020, excluding impairments and other charges, of $160 million, or $0.18 per diluted share. Reported operating income was $370 million in the first quarter of 2021 compared to reported operating loss of $96 million and adjusted operating income of $350 million in the fourth quarter of 2020, excluding impairments and other charges.
Halliburton and Optime Subsea Form Global Alliance
édité le 09/04/2021 - Plus de news de Halliburton - Voir la fiche entreprise de Halliburton
Halliburton Company and Optime Subsea announced they formed a global strategic alliance to apply Optimes innovative Remotely Operated Controls System (ROCS) to Halliburtons completion landing string services. The companies will also collaborate and offer intervention and workover control system services leveraging Optimes Subsea Controls and Intervention Light System (SCILS) technology, a remote digital enabled system that compliments Halliburtons subsea intervention expertise.
The alliance will provide umbilical-less operations and subsea controls for deepwater completions and interventions delivering increased operational efficiencies while minimizing safety risk through a smaller offshore footprint. Halliburton will offer Optimes innovative technologies as a service across its global portfolio.