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Service Contracts
Technology , Service Contracts
BHGE Aims To Lower CO2 Equivalent Emissions To Net Zero By 2050
Baker Hughes, a GE company (NYSE: BHGE), has committed to reducing its CO2 equivalent emissions 50% by 2030, achieving net-zero CO2 equivalent emissions by 2050, the company said Jan. 28 in a news release.
January 28, 2019
Public Capital , Private Equity , Service Contracts , Exploration & Production , Midstream
Energy Bankruptcies Slow, But Debt Remains High
While energy bankruptcy filings slowed in 2018, the total amount of debt in oil and gas remains staggering, a recent Haynes and Boone report says.
January 25, 2019
Completions , Service Contracts , Unconventional
Tough Times For Sand Miners
Disruption comes to the proppant market as low commodity prices cap demand and mining capacity expands rapidly.
January 25, 2019
Field Development , Service Contracts , Technology
BP Awards Offshore Trinidad Contract To McDermott
McDermott International Inc. (NYSE: MDR) on Jan. 24 said it has been awarded a significant contract award by BP Trinidad & Tobago LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 35 miles (57 km) southeast off the coast of Trinidad.
January 25, 2019
Policy & Regulations , Public Capital , Technology , Midstream , Service Contracts , Unconventional
‘Under Siege’: Oil Industry Mulls Raising Returns, PR Game
At the World Economic Forum in Davos, heads of Chevron, BP, Shell, Total, Aramco and Exxon Mobil joined together to discuss two key topics—climate change and pressure from investors.
January 25, 2019
Midstream , Water Management , Joint Ventures , Field Development , Service Contracts , Unconventional , Acquisitions & Divestitures
University Lands Selects H20 Midstream, Layne JV For Delaware Basin Water Services
The JV was formed by H2O Midstream and Layne Water Midstream to develop and operate water infrastructure on the University Lands acreage across the Southern Delaware Basin.
January 24, 2019
Earnings , Service Contracts , Technology
Halliburton Profit Beats On International Demand, North America Lags
Houston-based Halliburton said revenue from North America fell about 2% to $3.3 billion from a year earlier and dropped 11% from the third quarter.
January 22, 2019
Midstream , Energy Transition , Technology , Service Contracts , Unconventional
Energy Executives Expect To Boost Spending This Year
A survey by DNV GL also indicated that more energy companies were preparing for a long-term shift to cleaner energy sources.
January 22, 2019
Service Contracts , Earnings , Unconventional , Technology
Schlumberger Sees International Growth Ahead
The head of the world’s largest oilfield service company believes market conditions will improve this year after a rough start.
January 18, 2019
Earnings , Service Contracts , Technology
Schlumberger Revenue Beats, Sees International Growth In 2019
Schlumberger, a bellwether for the oilfield services sector, said recent volatility in crude prices has led to more uncertainty in the spending outlook for oil and gas producers.
January 18, 2019