Halliburton posts highest quarterly revenue in over a decade
Halliburton has posted its highest quarterly earnings in over a decade after bringing in total revenues of $5.8 billion (£4.6bn) in the first quarter of 2024.
services
Joint venture between Petrofac and SOCAR secures £77m contract with BP Azerbaijan
A joint venture between UK-headquarterd energy services firm Petrofac and Azerbaijan’s state oil company has secured a £77 million contract with BP Azerbaijan.
Updated: Wood Group has axed 170 jobs in Houston
Oil services firm Wood Group has axed around 170 jobs in Houston, Texas.
RMEC plunges into the red
RMEC plunged into the red in a dramatic £1.8 million turnaround in its fortunes last year.
Opinion: Oil services cut out the fat in 2015 but can’t avoid muscle next year
The year 2015 has been extremely tough for the oil and gas service and supply industry, its companies and people.
Statoil awards service contracts in Norway
Statoil has awarded a number of service contracts for seven of its bases in Norway worth an estimated NOK 5 billion. The company said contracts have been given to NorSea Group AS, Saga Fjordbase AS and Asco Norge AS. The agreements include terminal and warehouse services as well as storage and pipeline handling.