Schlumberger scraps bonus cuts for north-east workers
Schlumberger said today that it had scrapped plans to reduce bonuses for workers at its testing services division in the north-east.
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Schlumberger pulls out of scheme for major West Africa LNG project
Oil services firm Schlumberger has pulled out of a joint venture to develop a major liquefied natural gas (LNG) project in Equatorial Guinea.
Exclusive: Bonuses slashed at Schlumberger as ‘pricing pressure’ continues
Workers at a division of Schlumberger are facing hefty pay cuts after the US oil service firm announced plans to slash bonuses.
Former Schlumberger chief joins wireless well tech firm
Wireless well technology firm Acoustic Data has announced the appointment of former Schlumberger executive Mike Mannering as chairman.
Schlumberger almost double pre-tax revenue in first quarter of 2018
Oilfield services company Schlumberger has reported a dramatic increase in pre-tax revenue for 2018's first quarter, almost double what it reported in the first quarter last year.
Billion-barrel Bahrain find may only see ‘a fraction recoverable’, says analyst
The discovery of a billion-barrel oil and gas find off the coast of Bahrain may only see “a fraction” of the reserves recoverable, claims a senior oil analyst for the region.
‘Netflix for Oil’ setting stage for $1trillion data battle
The service companies that map underground pockets of oil, drill the wells and lift crude from miles below are generating vast new amounts of data they never before realized could be valuable. But their exploration customers are essentially saying hands off to anything coming out of their wells, including the streams of zeros and 1s.
Baker Hughes partners with McDermott to compete offshore
Baker Hughes and McDermott International said they're partnering to offer integrated offshore energy services in order to better compete with other growing players like Schlumberger and TechnipFMC.
NSRI appoints new research director
Tony Laing has been announced as new director of research and market acceleration for the National Subsea Research Initiative (NSRI).
Schlumberger rebounding after cutting 70,000 jobs
Schlumberger CEO Paal Kibsgaard said the world's largest oilfield services firm cut almost 70,000 jobs in less than three years as its revenues plummeted 50 percent during a prolonged oil bust.
Oil firms face lawsuit after spy camera found in woman’s cabin on rig
An American plaintiff is seeking more than $1million in damages after a spy camera was discovered in her living quarters aboard the Transocean-owned Deepwater Invicus drillship.
Schlumberger, Subsea 7 in talks over new joint venture
Oilfield service firms Schlumberger and Subsea 7 have entered into talks to form a joint venture intended to build on the success of an earlier alliance.
Updated: Schlumberger dumps seismic acquisition business
US oilfield service giant Schlumberger today revealed plans to pull the plug on its marine and land seismic acquisition activities.
Weatherford dumps joint venture with Schlumberger and sells frack fleet instead
Oil services company Weatherford International has scrapped plans for a joint venture with competitor Schlumberger and instead sold outright its pressure pumping and hydraulic fracturing fleet to the international giant for $430million in cash.
Schlumberger oil takeover feared by Russian anti-trust agency
The Federal Antimonopoly Service (FAS) describes the possibility of 51% purchase by US services provider Schlumberger of Russia’s Eurasia Drilling Company (EDC) as ‘a risk for the country’.
Schlumberger to help IOG with southern North Sea development plans
Independent Oil and Gas (IOG) said today that Schlumberger would help get its field development plans for two North Sea gas projects over the line.
Petrofac sells Mexico contract to Schlumberger
UK-based energy service firm Petrofac has sold its 50% stake in Petro-SPM Integrated Services to Schlumberger.
Lamprell buries hatchet with Schlumberger subsidiary, two new rigs ordered
Dubai-based rig builder Lamprell has agreed a settlement with a subsidiary of Schlumberger over costs incurred on equipment delivered in 2016.
Schlumberger buys 51% stake in Eurasia Drilling Company
Oilfield service firm Schlumberger has agreed to buy a 51% share in Eurasia Drilling Company (EDC).
Taqa picks OneSubsea for North Sea job
OneSubsea has clinched a contract to set up a multiphase boosting system on the North Sea Otter field.
Schlumberger signs agreement to help develop Nigeria fields
Oil giant Schlumberger has signed an agreement to develop the Anyala and Madu fields under oil mining licences (OML) 83 and 85, offshore Nigeria.
Schlumberger tells shareholders to reject mini-tender offer
Schlumberger has recommended that shareholders reject a mini-tender offer by TRC Capital Corporation.
Fortuna FLNG vessel conversion contract handed to Keppel
Ophir Energy said today that construction contracts had been awarded for the conversion of a vessel for its Fortuna FLNG project offshore Equatorial Guinea.
Aker BP to give Schlumberger $30m for seismic surveys
Aker BP has handed Schlumberger a $30million contract to gather 4D seismic data on four of its fields on the Norwegian Continental Shelf.
Schlumberger and Sound Energy in Morocco exploration pact
London-listed gas explorer Sound Energy said today that two assets in Morocco would be added its field management agreement with US energy services firm Schlumberger.