Oil States International

The FT is reporting on Oil States’s collaboration with Seadrill in this article, Seadrill and Oil States Announce Strategic Collaboration to Enhance Offshore Managed Pressure Drilling (MPD) Operations with a comprehensive feature on the story, which you can read in full here https://hubs.la/Q02RJlfC0 #MPDInnovation #OffshoreDrilling #StrategicPartnerships

Seadrill and Oil States announce a strategic collaboration to revolutionize offshore Managed Pressure Drilling (MPD) operations! This non-exclusive strategic collaboration combines Oil States’ award-winning MPD Integrated Riser Joint (IRJ) system with Seadrill’s high-spec, high performance fleet, enabling Seadrill to take big steps towards a standardized MPD capability across all operations across their entire fleet. The Oil States IRJ is more compact, lighter, safer to handle, allows the rig to remain on well center while testing/retrieving bearing seals, and provides extended seal life. These features will reduce rig up time and NPT for operational efficiency gains and provide Seadrill with a strategic advantage. Oil States is proud to support Seadrill in their aim to set new standards in MPD operations which will unlock new oil and gas reserves safely and efficiently to meet global energy demands. Stay tuned for more updates on this game-changing partnership! #Seadrill #OilStates #MPD #OffshoreDrilling #EnergyInnovation #SafetyFirst

We’re attending ROG.E The Future of Energy in Rio de Janeiro, Brazil, 23-26 September 2024. We’re in Warehouse 3, Booth #A24, and we’re looking forward to meeting customers, partners and prospects, who are seeking to work with a global operator focused on Connecting the Energy Future™ https://hubs.la/Q02PRGyQ0 #ROGe #ROGe2024 #ibp #RioOilGas #ConectandoEnergias #transicaoenergetica #diversidade #inovação #tecnologia #setordeenergia #oleoegas #networking #negocios

Oil and gas play a vital role in today's energy security, and it's also ensuring we have a multisource energy mix to support energy demand in the years to come. Learn how our field-proven deepwater oil and gas technologies are pushing the boundaries of what's possible in offshore wind in @OffshoreMagazine's 3rd annual Offshore Wind Special Report. #offshorewind #energy #oilandgas https://lnkd.in/gD45UJTf

We're honored that our ACTIVEHub™ with ACTIVELatch™ technology has been recognized as a finalist in the Gulf Energy Excellence Awards! This innovative, automated technology is helping oilfield companies increase safety and efficiency on-site across North America. Learn more about how our wireless technologies here: https://lnkd.in/grvGfpbh @ Gulf Energy Information #oilandgas #energy #automation #oilstates

We're honored to announce that Oil States has once again been recognized by OTC for two 2024 Spotlight on New Technology awards. Our technologies, ACTIVEHub™ & ACTIVELatch™ and Swift™ RAR Connectors, have been awarded for their advancements in safety and efficiency. These innovations provide a competitive advantage in the field, showcasing our commitment to excellence and leadership in the industry. ACTIVEHub with ACTIVELatch enables remote monitoring and automation of valve positions, improving efficiency and safety. The Swift DW2 RAR Connector prevents connector breakout, significantly reducing risks to wells, drill ships, and semi-submersibles. We're proud to continue a legacy of leading the way in technology and innovation. #OTCAwards #Innovation #OilandGas #ConnectingtheEnergyFuture

Oil States International proudly announces that Nikki Mitchell has won the 2024 Spirit Award at The Admin Awards - Houston & Gulf Coast Region!    Nikki is the Executive Assistant to Cindy Taylor, CEO; Lloyd Hajdik, CFO and Scott Moses, COO of Oil States where she has worked for over 10 years. Cindy Taylor says that “Nikki performs at a high level in so many areas…shows great initiative, communicates exceedingly well, has a positive mental attitude and is simply a pleasure to be around. She not only accepts new challenges but thrives on them. However, her individual contributions are not all that I love about Nikki. Her infectious smile, energy, and ability to plan and organize corporate events really adds to our Corporate Culture and our ultimate success.” And Lloyd Hajdik says, “What really sets her apart from others in the organization is her attitude of ‘nothing is impossible and let’s get it done right the first time!’    Whether she’s putting personal affirmations on people’s desks on Valentine’s day, magically granting wishes during the annual Christmas white elephant gift tradition, or knowing when it’s time to get people out of the office to team build and de-stress, Nikki has her hand and heart on the pulse of how to make her coworkers happy, serving as a model of the highest levels of professionalism, while including the warmth of personal care and consideration.  We wish to congratulate Nikki on this prestigious and well-deserved award and to thank her for all her incredible contributions. She makes Oil States a great place to work! #adminawards #spiritaward #highperformer #culture #oilstates

In honor of International Women’s Day, we are celebrating our women at Oil States! The formulation of our own Oil States Women’s Network (OSWN) in 2022 is providing many opportunities for all our employees. The third global Oil States Women’s Network (OSWN) General Session was held in November 2023, with an excellent live turnout of over 150 employees. One of the most exciting developments from the Oil States Women’s Network is the establishment of our OSWN Local Chapters at our in-person locations, to assist with organizing live networking events in coordination with management. The OSWN Mentorship Program was formed this past year, and they designed this experience to cover a broad variety of interests and goals and it is building great momentum. Our OSWN Knowledge Sharing Program has held three fantastic virtual sessions, in 2023, with varying topics to provide educational opportunities for all our employees. Our Oil States Women's Network will continue hosting events and programs to strengthen women in our workplace through knowledge sharing, mentorship, and community building. #Internationalwomensday2024 #iwd2024 #oilstateswomensnetwork #oswn #womensnetwork #womensupportingwomen #oilstates #geodynamics

Oil States President and CEO, Cindy Taylor joined Jeremy Thigpen, CEO of Transocean, Robert Eifler, CEO of Noble Corporation, along with moderators Loren Singletary of Daniel Energy Partners, and Tony Kroschewsky of Merit Advisors, LLC at #THRIVE2024 on Wednesday, February 21st. The panel discussed the latest trends in offshore exploration and development, including geographic areas of opportunity and technologies which are extending the runway of future revenue opportunities for Oil States.    Cindy discussed current hotspots such as Guyana, Brazil, the Middle East, Australia and West Africa that are expanding the opportunity set and are providing ongoing growth in the Oil States’ Offshore/Manufactured Products segment. She also highlighted its new technology offerings for drilling contractors like Noble and Transocean, including the recent successful offshore deployment of Oil States’ slimline Managed Pressure Drilling (MPD) System in Australia as well as the launch of an industry-first MPD-Ready System for Jackups, which enables access to more complex wells and unlocks previously inaccessible reservoirs.   Current high utilization rates for deepwater floating rigs coupled with low likelihood of new rig construction anytime soon according to the panel are expected to drive future long-term contracting of rigs and the potential need for further rig reactivations, which would require equipment upgrades and repairs. This upgrading and reactivation of capital drilling equipment would present further opportunities for Oil States’ capital drilling equipment repair and recertification business lines.   Overall, Cindy and her fellow panelists painted the picture of a robust offshore macro environment and the potential for a multi-year upcycle in offshore energy markets.   Oil States last week reported its Q4 2023 results, highlighting growth in its Offshore/Manufactured Products segment results and backlog year-over-year. Quarterly revenues for the segment rose to the highest level in eight years, reflective of a second straight full-year book-to-bill ratio of 1.1x. #oilstates #offshore #drilling #technology #growth

Lowering emissions of traditional oil and gas production and creating a lower-carbon multi-source energy mix is a challenging task. Our CEO, Cindy Taylor, shares the latest learnings and how Oil States is paving a path forward by leveraging our rich oil and gas heritage in Offshore Magazine (link: https://hubs.la/Q027Ml5j0) #energy #sustainability