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NorthAmOil NEWS IN BRIEF NorthAmOil
Pass trains 3 through 18 and then 36 identical the transaction were not disclosed. the provision of advanced data collection
trains for Plaquemines LNG.” Innovex and Rubicon are both leading on compressors and engines in real time.
Executive co-chairman Bob Pender added, providers of innovative products, technologies Leveraging leading edge cloud technologies
“The completion and delivery of our first two and technical services for the oil and gas and big data, customers can now access
liquefaction modules demonstrates the first- industry. Together, the combined business their fleets’ metrics and performance trends
class execution and collaboration inherent establishes an expansive and robust global and engage our in-house experts to analyse
in our long-term relationship with Baker platform, with a technology portfolio and interpret data all while maximising
Hughes. Despite the effects of COVID-19 spanning drilling, well construction, compression reliability and production.
and multiple Gulf Coast hurricanes, we will completion, production and intervention. This The Helix digitally enhanced compression
now begin installing these trains ahead of the transaction combines Innovex’s dynamic US system delivers real-time remote monitoring
contracted schedule. This is a leap forward in operation with Rubicon’s broad international and control of compressor fleets. The system
LNG infrastructure development.” strength to create a global platform capable of communicates at significantly higher fidelity
VENTURE GLOBAL LNG, November 10, 2020 sustained growth in a low commodity price rates, streaming data 1440 times faster
environment. than our current telemetry solution. Helix
By leveraging the highly complementary digitally enhanced compression uses big
SERVICES product portfolios and geographic footprints data to improve performance, reliability, and
of Innovex and Rubicon, the combined predictive maintenance.
Innovex Downhole business will deliver greater value to its real time visibility into the performance
“Not only do customers benefit from
customers and greater opportunities for its
Solutions to acquire employees. of each compressor unit, our partnership
is expected to further improve operating
Leadership of the combined business
Rubicon Oilfield will include current executives from both margins by allowing our field personnel to
apply predictive maintenance best practices to
companies, and will be led by Adam
International, establishing Anderson, CEO of Innovex, operating under enhance run time and minimize down time,”
said Roy McNiven, senior vice president of
the Innovex brand.
leading independent INNOVEX DOWNHOLE SOLUTIONS, November operations. “Currently we have completed
approximately 25% of the hardware upgrade
10, 2020
global provider of high CSI Compressco introduces roll outs on our high horsepower compressor
units and expect to be fully deployed by the
value oilfield products and digitally enhanced end of 2021.”
As part of our Helix digitally enhanced
technical services compression development, CSI Compressco is
the only oilfield services company to partner
Innovex Downhole Solutions announced compression telemetry with Houston’s Rice University D2K program,
today that it has entered into a definitive system a partnership specifically designed to analyse
agreement to acquire Rubicon Oilfield big data and develop machine learning models
International. The transaction is expected CSI Compressco today introduced Helix™ that enhance current predictive maintenance
to close in early 2021 and will create the digitally enhanced compression, a custom programmes.
industry’s leading independent well-centric telemetry system leading a step change CSI COMPRESSCO, November 10, 2020
products and technology company. Terms of in compression and reliability through
Week 45 12•November•2020 www. NEWSBASE .com P19