Service Contracts

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

Subsea , Service Contracts

Esso Australia Awards EPCIC Contracts To Subsea Integration Alliance

Esso Australia Pty Ltd. awarded the alliance—which comprises OneSubsea, a Schlumberger company, and Subsea 7—integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts, Schlumberger said in a news release.

January 16, 2019

Service Contracts , Unconventional , Drilling , Digital Oilfield

Potential Of AI-powered Directional Drilling

A system looks to optimize value in directional drilling by minimizing deviation from planned wellbore trajectory, minimizing tortuosity and more.

January 16, 2019

Technology , Unconventional , Service Contracts

CGG Expands Anadarko Basin Library With Scoop/Stack Survey

CGG has commenced the acquisition of a new high-density 3-D survey in the Anadarko Basin, the company said on Jan. 15.

January 15, 2019

Technology , Service Contracts , Unconventional

Permian Basin Operators Look to Standardize Techniques, Measures

A Permian standard is emerging after experimentation during a decade of drilling the basin’s multiple unconventional shales has found diminishing returns, says CEO of reserve evaluation firm Haas Engineering.

January 15, 2019

People , Technology , Company Profiles , Service Contracts , Unconventional

Halliburton Taps Mark Richard To Replace Jim Brown As Western Hemisphere President

Mark Richard has been promoted as Halliburton’s new president of the Western Hemisphere, replacing Jim Brown who is leaving after more than 20 years with the oilfield services company.

January 14, 2019

Tankers , Service Contracts , Liquefied Natural Gas

Trade War Cuts US LNG Exports To China In 2018

The number of U.S. LNG vessels that went to China in 2018 fell by around 20% from the prior year as the trade war between Beijing and Washington heated up.

January 10, 2019

Exploration & Production , Service Contracts

Aker BP Awards Optime Subsea Well Access Contract

Optime Subsea said its Subsea Controls and Intervention Light System will be used as part of the contract.

January 10, 2019

People , Service Contracts , Technology

TechnipFMC Names Doug Pferdehirt As New Executive Chairman

Oil services group TechnipFMC said on Jan. 10 Doug Pferdehirt would replace Thierry Pilenko as its executive chairman, following Pilenko’s imminent retirement.

January 10, 2019