Service Contracts

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

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

Halliburton CEO Jeff Miller Appointed As Board Chairman

Halliburton CEO and President Jeff Miller has assumed the role as board chairman from Dave Lesar, who retired as CEO in 2017 but had remained executive chairman.

January 3, 2019

Field Development , Service Contracts

Aibel Secures Johan Sverdrup Bridge Option From Equinor

Equinor (NYSE: EQNR) has awarded Aibel the engineering, procurement and construction contract for the final bridge on the Johan Sverdrup field, the company said on Jan. 3.

January 3, 2019

Crude Oil , Storage , Legislation , Service Contracts , Exploration & Production , Natural Gas

The Year In Energy

These five big energy stories happened in 2018.

December 31, 2018

Deepwater , Public Capital , Service Contracts

Transocean Signs Contract With Chevron For ‘Game-Changing’ Newbuild Drillship

The agreement for one of Transocean’s two ultra-deepwater drillships currently under construction also includes a five-year drilling contract with Chevron worth $830 million.

December 28, 2018

People , Exploration & Production , Technology , Company Profiles , Service Contracts , Forty Under 40

Forty Under 40: George J. Wommack, Petro Waste Environmental

George J. Wommack, founder and CEO of Petro Waste Environmental—the largest oil and gas waste disposal company in the Permian Basin, is today’s Forty Under 40 honoree.

December 28, 2018

Unconventional , Executive Oil Conference , Crude Oil , Natural Gas , Liquefied Natural Gas (LNG) , Trade , Legislation , People , Pipelines , Acquisitions & Divestitures , Service Contracts , Natural Gas liquids (NGL)

Top Oil, Gas Stories That Shaped Industry In 2018

From oil prices to bottlenecks and ballot battles to trade uncertainty, these news stories most defined the direction of oil and gas this year.

December 26, 2018

Unconventional , Technology , Crude Oil , Service Contracts

US Drillers Add Rigs Despite Sharp Decline In Oil Prices

U.S. energy firms added oil rigs for the first time in the past three weeks despite sharp declines in oil prices, according to Baker Hughes.

December 25, 2018

Field Development , Service Contracts

Saipem Lands More Work For Zohr Field

The work includes the installation of a second 30-in, diameter gas export pipeline, infield clad lines, umbilicals and electrical/fiber optic cable as well as EPCI work for the 10-well, deepwater field development, Saipem said in the release.

December 20, 2018