EUROPE

ConocoPhillips, Chevron invest in Ziebel

A SYSTEM that provides a "picture" for all depths in the wellbore simultaneously and in real time has helped draw $US10 million ($A11.4 million) in investment funding from major oil players.

ConocoPhillips, Chevron invest in Ziebel

The funding for Z-System developer Ziebel was secured from lead investor ConocoPhillips Technology Ventures, along with Chevron Technology Ventures and Energy Technology Ventures. Existing Ziebel investors...

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