Schlumberger predicts steady improvement for oil market in 2019
The boss at energy services giant Schlumberger has predicted "steady improvement" in the oil market this year.
Schlumberger
Schlumberger set to make changes at the top
Schlumberger’s board is leaning toward picking chief operating officer Olivier Le Peuch to become its next chief executive officer, according to a person familiar with the matter.
Health and safety leader appointed at EnerMech
Aberdeen firm EnerMech has appointed Emmanuelle Marshall as Group HSE Director.
Offshore drilling makes comeback after years in shale’s shadow
Offshore is ready for the limelight again.
Millennials now make up majority of Schlumberger’s workforce
With Millennials now making up the majority of employees at Schlumberger, the company's CEO said the oilfield service giant is taking a new approach to management.
Schlumberger expects North American oilfield investments to be down
Investments in North American oilfields are expected to be down this year while international markets are expected to grow, Schlumberger CEO Paal Kibsgaard said.
Schlumberger, Rockwell create new JV for the digital, automated oilfield
The energy services company Schlumberger is partnering with the Milwaukee firm Rockwell Automation to form a new company in Houston to sell equipment and services to advance digital technology and automation in the oilfield.
Schlumberger hires new chief operating officer
Schlumberger has appointed Olivier Le Peuch as chief operating officer of Schlumberger, effective immediately.
Shale slowdown dents Halliburton worse than Schlumberger
The world’s biggest oilfield service companies are feeling the U.S. fracking slowdown as shale producers slash spending forecasts. But Halliburton Co. may be bearing the brunt of the pain while arch-rival Schlumberger Ltd. benefits from its bigger internationally footprint.
Schlumberger celebrates return to profit and new North Sea deal
Global oilfield services giant Schlumberger has celebrated a return to profit in a year which brought further UK North Sea work.
Norway oil lobby predicts 16% investment jump in 2019
Norway’s oil lobby raised its forecast for investments in the country’s petroleum industry as cost cuts during a three-year downturn made projects more profitable and able to withstand even the recent slump in crude prices.
Subsea 7 wins BP Gulf of Mexico deal
Underwater engineering, construction and services firm Subsea 7 has announced the award of a "sizable" Gulf of Mexico contract from BP.
Stonehaven parts maker to double headcount after cash injection
A cash injection at a north-east precision engineering firm is expected to spark a recruitment drive over next few years.
Fracking slump deepens as Schlumberger walks oil ‘tightrope’
The North American fracking market - already expected to be a downer for the holidays - is turning out to be even worse than expected, according to the world’s biggest oil-service provider.
Fresh faces snapping up space for Offshore Europe 2019 as new venue beckons
Aberdeen’s new £333 million conference centre is fuelling fresh interest in one of the biggest oil and gas industry exhibitions on the international calendar.
Moody’s says oil service debt ‘unsustainable’
Debt levels at oil field services companies have reached "unsustainable" levels, the debt rating agency Moody's Investors Service said in a new report.
Top lawyers supporting Scotland’s oil and gas industry recognised
Three north and north-east firms have been singled out for special praise in an annual review of the UK’s legal market.
Schlumberger makes healthy gains in Q3 2018
Oil services giant Schlumberger has reported a healthy increase in pretax profit for Q3 2018.
Opinion: Why isn’t there a Scottish Schlumberger?
I remember clearly the chit-chat in the 1980s about the prospects of creating some form of Scottish Schlumberger. It was a worthy ambition but ultimately one that was never going to be achieved.
In alliance, Subsea 7 and Schlumberger seal major Gulf of Mexico deal
A global partnership between Subsea 7 and OneSubsea, a Schlumberger company, has clinched a "sizeable" contract with Fieldwood Energy.
Energy firms save hard-hitting road safety show from cancellation
A pair of North Sea energy firms have secured the future of a hard-hitting driver safety show, which was at risk of being axed.
Shearwater agrees to buy seismic fleet from Schlumberger
Shearwater GeoServices has agreed to buy the marine seismic acquisition assets of Schlumberger's geophysical services subsidiary WesternGeco.
Schlumberger and Baker Hughes target oil exploration ‘upcycle’
Schlumberger Ltd., the world’s biggest oilfield services company, and No. 3 Baker Hughes have their sights set in different directions as they move into the second-half of 2018.
Brutally competitive market will keep rates low as lines blur between operators and suppliers
The oil and gas supply chain is likely to have to keep a lid on its rates for another couple of years as the market remains “brutally competitive”, an analyst has said.
Equinor hands out £2.7bn worth of contracts
Equinor said today that it was dishing out new contracts worth £2.7 billion for drilling and well services on many of its fields in Norway.