RDCR, Russian Drilling Roundtable 2017

The RDCR, now in its 5th year, is a unique event bringing together professionals from the leading Russian drilling contractors and drilling teams from the regional operators to interact with Russian and International suppliers of rig and drilling equipment. These leading drilling professionals gather under one roof to exchange information and knowledge, promote the latest available technologies and share their understanding regarding the development and upgrading of Russia's drilling fleet.

RDCR 2017 News

Emerson Agrees to Acquire Paradigm

Emerson Agrees to Acquire Paradigm

Emerson has agreed to acquire Paradigm®, a leading provider of software solutions for the oil and gas industry, for a purchase price of $510 million, reflecting a multiple of 13 times expected 2017 EBITDA...

Tatneft: 2017 8M Results – Drilling Up 13%

Tatneft: 2017 8M Results – Drilling Up 13%

Crude Oil Production: Enterprises of the TATNEFT Croup of Companies produced 2,445.6 thousand tonnes of crude oil in August while the production for the eight months period amounted to 19,258.7 thousand...

Rosneft: China’s CEFC in Talks to Buy Stake

Rosneft: China’s CEFC in Talks to Buy Stake

CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft, three people with direct knowledge of the discussions said...

TMK: Launches ТМК UP CENTUM Thread on Casing Pipe

TMK: Launches ТМК UP CENTUM Thread on Casing Pipe

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has become the first Russian manufacturer to start the production of casing pipe with unique TMK UP CENTUM threaded connections...

GE and Baker Hughes: Merger Expected to Close 3rd of July

GE and Baker Hughes: Merger Expected to Close 3rd of July

Baker Hughes Incorporated today announced that more than 99% of the votes cast at the special meeting of Baker Hughes stockowners were voted to approve the previously announced combination of Baker Hughes with General Electric...

PetroNeft Final Results 2016

PetroNeft Final Results 2016

PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its final results for the year ended 31 December 2016. In addition, PetroNeft announces that the Company’s Annual Report and Accounts for 2016...

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