Schlumberger, Halliburton and Weatherford among winners of $2bn ADNOC contracts
Abu Dhabi National Oil Company (ADNOC) announced a series of framework agreement awards worth some $2 billion, as it embarks on a new drilling programme.
Weatherford International
Weatherford to appear back in bankruptcy court
Struggling oilfield service company Weatherford International was due back in a Houston bankruptcy court on Wednesday afternoon, when a judge would review the company's proposed reorganization plan.
Investors spooked after struggling Weatherford’s poor earnings
Major oil field services player Weatherford International is still reeling on Wall Street after posting a big financial loss amid its new leadership's efforts to scale back and right the ship.
Weatherford narrows first quarter losses
Weatherford International boss Mark McCollum said a new joint-venture with energy service rival Schlumberger, OneStimSM, would help it take another step towards a better balance sheet.
Full-year losses widen at Weatherford International
Weatherford International suffered a widening of losses in 2016 but revenue was up, helped by innovative projects in the North Sea.