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Santos Reviewing Spending Plans. Freezes Hiring, No Mass Job Cuts Planned

Mar 17, 2020

Santos Ltd, Australia's No. 2 independent gas producer, said on Tuesday it is reviewing all its capital spending plans in light of the collapse in oil prices and would stop all new hiring.Santos had planned to spend $1.45 billion in 2020, including $500 million on major growth activities…

Schlumberger to Create 200 Jobs in New Saudi Facility

Feb 25, 2020

Oilfield services giant Schlumberger has announced the opening of a manufacturing center in King Salman Energy Park (SPARK) in Saudi Arabia.The company said that center will manufacture well completions technologies including liner hangers and…

Renewable Energy Brings 11 Million Jobs

Jun 14, 2019

According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018. This compares with 10.3 million in 2017.As more and more countries manufacture, trade and install renewable energy technologies…

Current News

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

TGS Gets Exclusive Rights for Seismic Survey Offshore Brunei

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Oil Holds Steady After US, Iran Agree to Cease Attacks

Oil Holds Steady After US, Iran Agree to Cease Attacks

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