Halliburton and ExxonMobil are in talks over the latter’s attempt to sell a a stake in the West Qurna-1 oil field in southern Iraq, according to the country’s energy minister.
Halliburton, one of the world's largest oilfield services companies, has warned that the world is headed into a period of scarcity for oil after seven years of underinvestment following crude’s plummet from $100 a barrel in 2014.
Halliburton, one of world’s largest oil services companies, said a unit of the firm has been hired to help seal a well head in southern Nigeria that’s been spewing its contents for several weeks.
North Sea operators are being warned against introducing further “bureaucracy” amid concerns it could make life even more difficult for the supply chain.
As key contributors to OGUK’s events programme, Lois Wilkinson and Isabella Busch help organise a host of events including the representative body’s annual awards, where members of the next generation achieved industry recognition.
Halliburton’s chief executive has praised “swift and decisive cost actions” after the firm delivered “strong margins and cash flow” at the back end of last year.
The chief operating officer of Maersk Drilling has said its deal with fledgling explorer Seapulse, targeting four billion barrels worldwide, is “still alive”, despite news going quiet over the last year.
Total has held talks with the National Oil Corp. (NOC) on increasing production and expanding in Libya, against a background where security appears to be improving.
The chief executive of Halliburton has said “strong results” show it is “effectively executing on its strategic priorities” after the firm cut 15,000 jobs since the start of the year.
Neptune Energy has announced plans to adopt new cloud based technologies in an effort to improve efficiency and significantly reduce non-productive time.
Silicon Valley businessman Tom Siebel urged business leaders to “drive not delegate the digital transformation”, in his keynote address to delegates at ENGenious Online.
More than 200 people joined OGUK’s Industry Insights webinar for young professionals today (Thursday, September 17) to hear how the sector is working to advance new technologies on the route to net zero.