Schlumberger News


Halliburton, Schlumberger Suspend Operations in Russia amid U.S. Sanctions

Mar 21, 2022

U.S. oilfield services companies Halliburton and Schlumberger said on Friday they have suspended or halted Russia operations in response to U.S. sanctions over Moscow's invasion of Ukraine.The disclosures followed widespread departures by energy…

Technip Energies Names Head of Carbon Free-Solution Branch

Mar 18, 2022

Engineering and technology firm Technip Energies has appointed Laure Mandrou as head of the Carbon Free-Solution Business Line. In this role, she will sit on the Group's Extended Executive Committee.Based in Paris, Laure reports to Marco Villa…

Offshore Technology Conference 2022: Winners of Spotlight on New Technology Awards Revealed

Mar 17, 2022

The Offshore Technology Conference (OTC), to be held in Houston between May 2–5, 2022, announced today the winners of the 2022 Spotlight on New Technology Award. 'This prestigious award is presented to OTC exhibitors who are revolutionizing…

Helix Vessel Deal Lifts Siem Offshore's Backlog to $440M

Mar 09, 2022

Norwegian offshore vessel owner Siem Offshore said Wednesday it had entered into agreements with the U.S. offshore well intervention firm Helix Energy Solutions for its Siem Helix 1 and Siem Helix 2 vessels.The new deal for the offshore well…

Schlumberger's SEES Aims to Eliminate Oil and Gas Industry’s Methane and Routine Flare Emissions

Mar 09, 2022

Oilfield services company Schlumberger has this week launched a dedicated business aimed at tackling methane and routing flare emissions from oil and gas operations.The company said that the business, named Schlumberger End-to-end Emissions Solutions (SEES)…

Schlumberger Says Russia-Ukraine Conflict Will Weigh on Q1 Results

Mar 08, 2022

Schlumberger's current-quarter results are likely to be impacted by the ongoing Russia-Ukraine conflict, its chief executive officer said on Tuesday, as Moscow accounts for about 5% of the oilfield services company's global revenue.Crude prices…

ConocoPhillips to Use Schlumberger Digital Solutions for Reservoir Engineering Modeling

Mar 07, 2022

Oilfield services company Schlumberger on Monday announced an enterprise-wide deployment of the cloud-based DELFI cognitive E&P environment for the U.S. oil firm ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled…

Plexus Suspends Activities With Russia's Gusar over War in Ukraine

Mar 07, 2022

Plexus Holdings, the AIM-quoted oil and gas engineering services firm that owns the proprietary POS-GRIP method of wellhead engineering, said Monday it would suspend its activities with Russian license partner Gusar due to the war in Ukraine…

Schlumberger Launches 'Unique' 3D Reservoir Mapping-while-drilling Service.

Feb 22, 2022

Oilfield services giant Schlumberger on Tuesday announced the GeoSphere 360 3D reservoir mapping-while-drilling service. 'The service leverages advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. This…

Drilling Growth: ADNOC Drilling, Schlumberger, Halliburton, Weatherford Net ADNOC Deals

Feb 18, 2022

Abu Dhabi National Oil Company (ADNOC) on Thursday awarded framework agreement awards worth $1.94 billion 'to enable drilling growth.'The company, which plans to boost crude oil production capacity to 5 million barrels per day (mmbpd) by 2030…

Scana's PSW, Schlumberger's Cameron Sign Riser License Deal in Norway

Feb 03, 2022

Scana's PSW Technology has signed an exclusive license agreement with global oil service provider Cameron, a subsidiary of Schlumberger company.The agreement, which is the first in Norway for both Cameron and PSW, allows PSW to carry out recertifications…

Schlumberger Secures Work at Northern Lights Carbon Capture Project

Jan 28, 2022

Oilfield services giant Schlumberger will deploy its DELFI cognitive E&P environment on the Norwegian carbon capture and storage project Northern Lights.The Northern Lights project is operated by the namesake joint venture, owned by Equinor…

Schlumberger Expects 'Supercycle' as Demand Lifts Profit above Forecast

Jan 24, 2022

Schlumberger beat expectations with a rise in fourth-quarter profit on Friday as higher crude and natural gas prices drove demand for the world's largest oilfield services company.Oil prices surged about 50% last year and are trading at seven…

Schlumberger Profit Rises as Higher Oil Prices Drive Drilling Services Demand

Jan 21, 2022

Schlumberger NV, the world's largest oilfield services company, reported a rise in fourth-quarter profit on Friday, as higher crude and natural gas prices drove up demand for its services and equipment.Oil prices surged about 50% last year and…

Schlumberger Adjusts Operations Planning as U.S. COVID-19 Cases Soar

Jan 10, 2022

Schlumberger, the world's largest oilfield services company, is adjusting operations planning as COVID-19 infections have soared among its U.S. workforce, the company said on Friday.Schlumberger has had around 14 employees per day test positive for the virus this month…

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