Service Contracts

Deepwater , Service Contracts

TechnipFMC Wins Work For BP’s Atlantis Project In GoM

TechnipFMC (NYSE: FTI) has been awarded a significant integrated engineering, procurement, construction and installation (EPCI) contract by BP (NYSE: BP) for the Atlantis Phase 3 project, the company said Jan. 9.

January 9, 2019

Deepwater , Service Contracts , Technology

Danos Secures GoM Contracts With Equinor

Danos said Jan. 7 it has secured a contract with Equinor (NYSE: EQNR) for production operation support on its Titan SPAR platform, located in the deepwater Gulf of Mexico.

January 9, 2019

Public Capital , Exploration & Production , Technology , Acquisitions & Divestitures , Company Profiles , Service Contracts

US Energy Investors Eye Cheap Takeovers As Oil Prices Sink

Sinking oil prices are turning distressed U.S. energy companies, such as Gastar Exploration, Parker Drilling and Waypoint Leasing, into takeover targets for opportunistic private investors.

January 9, 2019

Joint Ventures , Service Contracts , Field Development , Technology

TechnipFMC, MMHE Ink Offshore Agreement With Saudi Aramco

TechnipFMC (NYSE: FTI), in consortium with MMHE (Malaysia Marine and Heavy Engineering Sdn Bhd), on Jan. 7 signed a long-term offshore agreement with Saudi Aramco.

January 8, 2019

Acquisitions & Divestitures , Mergers , Exploration & Production , Public Capital , Company Profiles , Service Contracts , Technology

Canyon Capital Advisors Warns It Will Oppose Rowan Sale To Ensco

Canyon Capital Advisors has warned it would vote against the sale of Rowan to rival Ensco, casting doubt on a combination that had signaled optimism about the future of offshore exploration.

January 7, 2019

Company Profiles , Public Capital , Unconventional , Technology , Service Contracts

Halliburton’s CEO On A Century Of Success

At 100 years old, “Big Red” oilfield-services company Halliburton has weathered the industry’s ups and downs, ultimately conquering the world in its reach. At the top of its game, it’s positioning for another 100.

January 7, 2019

Service Contracts , Company Profiles , Unconventional , Technology

Interview: Halliburton's CEO On 100 Years Of Success, Longevity

In this video interview from Halliburton's Houston headquarters, CEO Jeff Miller discusses the growth and success of the oilfield services giant over the last century.

January 7, 2019

Service Contracts , Exploration & Production , Technology

Norway Oil Investment To Rise In 2019 Before Sliding - Lobby

Oil and gas investment in Norway is expected to grow for a second year in a row in 2019 but will fall back between 2020 and 2023, an industry lobby group said on Jan. 7.

January 7, 2019

Unconventional , Technology , Service Contracts

US Oil Drillers Cut Rigs For First Week In Three

Despite U.S. oil drillers cutting eight rigs in the week to Jan. 4, according to Baker Hughes, the rig count in the United States is still much higher than a year ago.

January 4, 2019

Earnings , Service Contracts , Unconventional , Technology

Insight: 2019 Could Bring Gains For Recovering Oilfield Services Sector

Analysts say the oilfield services sector could see a 10% to 15% increase in overall earnings in 2019 as E&Ps increase spending.

January 4, 2019