OGA awards £20m seismic for UK North Sea
Industry regulator the Oil and Gas Authority (OGA) has awarded contracts for a second UK Government-funded £20million seismic campaign aimed at boosting North Sea exploration.
Schlumberger
Schlumberger snaps up clean technology firm
Clean water technology company Mycelx Technologies Corporation has entered into an exclusive marketing and distribution agreement with Schlumberger.
OneSubsea lands $170million EPC contract in Egypt
OneSubsea has been awarded a $170million engineering, procurement and construction contract from Belayim Petroleum Company for the Zohr gas field offshore Egypt.
Schlumberger acquires Omron Oilfield and Marine
Schlumberger has acquired Omron Oilfield and Marine.
Schlumberger sees disruptive opportunties in Saltel acquisition
Schlumberger is looking to deliver new opportunities in the completions market with the acquisition of fellow French firm Saltel Industries that offers expandable patches and steel packers technology.
Oil tankers stuck offshore Venezuela after state oil firm fails to pay BP
Four tankers carrying over two million barrels of US crude are stuck at sea and cannot discharge at a Caribbean terminal because Venezuela's state oil company has not yet paid supplier BP.
FMC Technologies appoints new CEO
Subsea technology giant FMC Technologies has appointed Douglas Pferdehirt, as its new president and chief executive.
Highlands set for first commercial test of its refracking tech
Highlands Natural Resources is aiming to conduct first commercial tests for its DT Ultravert refracking technology this summer it has confirmed.
Schlumberger CEO sees `full-scale cash crisis’ in oil sector
Schlumberger Ltd. cut more jobs in the first quarter as the world’s largest provider of oilfield services sees the industry in an unprecedented downturn.
Schlumberger profits halve
Schlumberger said its profits nearly halved in the first quarter of the year as the company cuts costs amid the continued decline in oil price.
Schlumberger to pare Venezuela services on lack of payments
Schlumberger Ltd. will reduce activity in Venezuela after the world’s largest oil services provider failed to collect enough payments from the national oil company.
EU regulators look again at Halliburton/Baker merger
Halliburton acquisition of Baker Hughes (BHI.N), a deal which US authorities say is uncompetitive, is being looked at again by EU competition regulators.
Schlumberger snaps up ADIL
An Aberdeen oil and gas consultancy has been snapped up by industrial giant Schlumberger for an undisclosed sum.
Schlumberger completes takeover of Cameron
Schlumberger has announced the completion of its £10billion-plus cash and shares deal to buy energy service industry rival Cameron International
Schlumberger and Cameron win Chinese approval for merger
Schlumberger and Cameron International have been given approval by the Chinese Ministry of Commerce for their proposed merger.
Transocean, Schlumberger see oil industry recovery delayed
Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with them see the oil market recovery taking even longer than expected last year.
Schlumberger chief calls for change in way energy industry works
There is an urgent need for a change in the way the energy industry works given that oil prices are expected to be "medium-for-longer", according to Schlumberger chief executive Paal Kibsgaard.
Offshore Europe appoints Schlumberger president as conference chair
Organisers of Europe’s largest biennial oil and gas industry event have appointed a new conference chair for SPE Offshore Europe 2017 in Aberdeen.
Sound Energy begins work on Tendrara licence
Sound Energy has begun work on its Tendrara licence area with contracts awarded for the first well to be drilled.
EU clears Schlumberger-Cameron deal
The European Union today cleared the purchase of equipment maker Cameron International by Schlumberger, the world's No 1 oilfield services provider.
Ophir strikes deal with Schlumberger for FLNG project
Ophir Energy has struck a deal with Schlumberger for its Fortuna FLNG project in Equatorial Guinea.
Schlumberger says it will focus on ‘adapting’ to UK market
Oilfield services company Schlumberger said it will continue to 'adapt' to the North Sea oil and gas industry as the oil price continues to stay lower for longer. The company described the situation in the UK as "challenging" after revealing it had cut 10,000 jobs while also reporting a loss of $1billion during the final quarter of last year.
Schlumberger cuts further 10,000 jobs, reports $1bn loss
Schlumberger said it cut a further 10,000 jobs while also reporting a loss of $1billion during the final quarter of last year. The oil field services company said its workforce has been reduced by more than 25%.
Schlumberger posts loss as oil rout forces deeper cuts
Schlumberger Ltd. posted a fourth-quarter loss as the company cut another 10,000 jobs and took a $1.46 a share charge to account for restructuring as the oil market downturn deepened.
Sound Energy looks to enhance portfolio in 2016
Sound Energy, the European/Mediterranean focused upstream gas company, has said its ability to attract companies such as Shell and Schlumberger as partners illustrates the potential in its portfolio.