Service Contracts

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

Public Capital , Service Contracts , Company Profiles , Unconventional , Deepwater , Conventional , Technology , Acquisitions & Divestitures , Trends , Mergers

Oilfield Services: Is It Back?

The oilfield service sector is making a comeback, energy analysts say. However, investors remain wary of the industry that bottomed out in 2016 when oil prices slumped.

December 19, 2018

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

Forty Under 40: John Taplett, OAG Analytics

Today’s Forty Under 40 honoree is John Taplett, an energy investment banker and naval intelligence officer who serves as COO of Houston-based OAG Analytics.

December 19, 2018

Field Development , Service Contracts

Equinor Taps Schlumberger For Subsea Boosting System

The scope of the engineering, procurement and construction contract includes a pump station, with a manifold foundation and protective structure; and a pump module, topside equipment, umbilical, and all-electric controls with electric actuation, Schlumberger said in a news release Dec. 18.

December 18, 2018

Exploration & Production , Acquisitions & Divestitures , Service Contracts , Technology

Weatherford Agrees To Sell Data Logging Business

The deal, which is expected to close in first-half 2019 subject to subject to customary closing conditions, is one in a series of planned divestitures that will help deleverage Weatherford’s capital structure, the company said in a news release.

December 17, 2018

Joint Ventures , Service Contracts , Field Development , Technology

Sonangol EP, ExxonMobil Ink Memorandum Of Understanding For Namibe Basin

Sonangol EP and ExxonMobil Corp. (NYSE: XOM) on Dec. 14 signed a memorandum of understanding defining the intention of signing the risks with service contracts , for Blocks 30, 44 and 45 of the Namibe Basin.

December 17, 2018

Joint Ventures , Service Contracts

Cairn, Woodside Award First Contracts For Senegal Oil Project

Woodside and Cairn Energy awarded FEED contracts for Senegal’s first oil project, a key step before a final investment decision expected in mid-2019, Woodside said on Dec. 17.

December 17, 2018

People , Private Equity , Exploration & Production , Technology , Acquisitions & Divestitures , Company Profiles , Service Contracts , Forty Under 40

Forty Under 40: Houston Simmons, Black Mountain

Today’s Forty Under 40 honoree is Black Mountain CFO Houston Simmons, who helped build Tudor, Pickering, Holt & Co. from the ground up earlier in his career.

December 17, 2018

Digital Oilfield , Exploration & Production , Service Contracts

Executive Q&A: The Digital Oil Ambassador

Google Cloud’s Darryl Willis is leveraging his oil and gas experience as a geophysicist with BP to bridge the digital divide between industry and the inevitable transition to artificial intelligence.

December 14, 2018

Seismic , Health, Safety & Environment , Gathering & Processing , Unconventional , Crude Oil , Liquefied Natural Gas (LNG) , Company Profiles , Service Contracts , DUG Permian , Rig Counts , Construction

HEADLINES: US Production, Export Milestones; Hess, COP To Up Oil Output

Plus, Australia finally tops world LNG stage, a new offshore exploration lawsuit emerges in the U.S. and 25 Influential Women in Energy announced.

December 13, 2018