Seadrill and Oil States Collaborate to Streamline Offshore MPD Systems with Innovative Technology
Portfolio Pulse from Benzinga Newsdesk
Seadrill Limited and Oil States International have announced a collaboration to enhance offshore Managed Pressure Drilling (MPD) systems. This partnership aims to improve safety and efficiency by integrating Oil States' MPD Integrated Riser Joint system with Seadrill's drilling vessels.
September 17, 2024 | 11:17 am
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POSITIVE IMPACT
Oil States International collaborates with Seadrill to deploy its MPD Integrated Riser Joint system, potentially increasing its market presence and demand for its technology.
By partnering with Seadrill, Oil States can showcase its MPD technology, potentially leading to increased adoption and sales, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Seadrill Limited partners with Oil States to integrate advanced MPD technology into its fleet, potentially boosting operational efficiency and safety.
The collaboration with Oil States to integrate MPD technology could enhance Seadrill's operational capabilities, potentially leading to increased demand for its services and a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80