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Oifield Services News

 

Oilfield Services Giant SLB Halts All Shipments to Russia

Jul 17, 2023

Top oilfield services firm SLB on Friday said it is halting shipments of products and technology into Russia from all its operations over an expansion of Western sanctions.SLB, the world's largest oil service and equipment provider, was one of the few providers to continue working in the country's oil sector following Russia's invasion of Ukraine. The latest ban expands restrictions that had been in place since 2022 to more countries…

Oilfield Equipment and Services Spending to Fall to 2005-Low

Apr 01, 2020

Global spending on oilfield equipment and services this year will fall 21% from 2019 to $211 billion, the lowest level since 2005, according to a report to be released on Wednesday by consultancy Spears & Associates, as oil and gas producers slash spending…

Current News

Yinson-Built FPSO En Route to Brazil for Work at Petrobras’ Jubarte Field

Yinson-Built FPSO En Route to Brazil for Work at Petrobras’ Jubarte Field

Russian Oil Exports from Western Ports Seen Lower in July

Russian Oil Exports from Western Ports Seen Lower in July

Philippines Files UN Claim to Extended Continental Shelf in South China Sea

Philippines Files UN Claim to Extended Continental Shelf in South China Sea

Shell to Buy Singapore’s Pavilion Energy

Shell to Buy Singapore’s Pavilion Energy

DOF Contracts with Kystdesign for ROV Pair

DOF Contracts with Kystdesign for ROV Pair

Japan Could Be Energy-independent by 2060

Japan Could Be Energy-independent by 2060

TotalEnergies Sells Brunei Subsidiary Along Block B Field Operatorship Interest

TotalEnergies Sells Brunei Subsidiary Along Block B Field Operatorship Interest

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