Oilfield Services https://aogdigital.com/rss Oilfield Services en-US Tue, 18 Jul 2023 09:01:27 -0400 https://aogdigital.com/news/506618-oilfield-service-providers-to-get-lift-from-international-offshore-demand Oilfield Service Providers to Get Lift from International, Offshore Demand The Big three oilfield services (OFS) companies will likely report higher profits for the second quarter as resurgent demand in international markets and strong… Tue, 18 Jul 2023 13:01:27 Z https://aogdigital.com/news/506618-oilfield-service-providers-to-get-lift-from-international-offshore-demand https://aogdigital.com/news/504523-baker-hughes-to-deliver-compressor-trains-for-petronas-flng-facility Baker Hughes to Deliver Compressor Trains for Petronas FLNG Facility Oilfield services and technology firm Baker Hughes has won an order by Black & Veatch, a subcontractor to the JGC and Samsung Heavy Industries consortium, to deliver… Thu, 20 Apr 2023 08:08:07 Z https://aogdigital.com/news/504523-baker-hughes-to-deliver-compressor-trains-for-petronas-flng-facility https://aogdigital.com/news/501988-2023-forecast-led-by-brazil-offshore-oilfield-services-spending-to-rise 2023 Forecast:: Led by Brazil, Offshore Oilfield Services Spending to Rise Offshore exploration and production (E&P) capital expenditures (capex) will shake off the pandemic-induced declines of the past two years and rebound by 20% in 2022… Thu, 05 Jan 2023 22:44:17 Z https://aogdigital.com/news/501988-2023-forecast-led-by-brazil-offshore-oilfield-services-spending-to-rise https://aogdigital.com/news/501918-petra-energy-continues-banang-offshore-field-ops-for-petronas Petra Energy Continues Banang Offshore Field Ops for Petronas Petra Energy Berhad has secured a contract extension with Petronas for production, operation, and maintenance services at the Banang offshore oil field. The agreement runs until August 6… Tue, 03 Jan 2023 15:22:51 Z https://aogdigital.com/news/501918-petra-energy-continues-banang-offshore-field-ops-for-petronas https://aogdigital.com/news/501136-saudi-aramco-signs-59-deals-worth-11b-under-iktva-program-global-oilfield-services-majors-among-suppliers Saudi Aramco Signs 59 Deals Worth $11B Under iktva Program. Global Oilfield Services Majors Among Suppliers Saudi Arabian national oil company Saudi Aramco saod Tuedsay it had signed signed 59 corporate procurement agreements (CPAs) with 51 local and global manufacturers… Tue, 22 Nov 2022 15:19:54 Z https://aogdigital.com/news/501136-saudi-aramco-signs-59-deals-worth-11b-under-iktva-program-global-oilfield-services-majors-among-suppliers https://aogdigital.com/news/500620-adnoc-awards-4b-worth-of-integrated-drilling-fluids-services ADNOC Awards $4B Worth of Integrated Drilling Fluids Services Abu Dhabi National Oil Company (ADNOC) on Tuesday announced the award of three framework agreements valued at $4 billion (AED14.68 billion) for integrated drilling… Tue, 01 Nov 2022 13:29:56 Z https://aogdigital.com/news/500620-adnoc-awards-4b-worth-of-integrated-drilling-fluids-services https://aogdigital.com/news/500426-cosl-bags-192b-worth-of-offshore-drilling-service-deals-in-middle-east COSL Bags $1,92B Worth of Offshore Drilling Service Deals in Middle East Chinese offshore drilling contractor China Oilfield Services Limited (COSL) said Monday it had recently signed several long-term drilling rig service contracts in the Middle East… Tue, 25 Oct 2022 08:49:45 Z https://aogdigital.com/news/500426-cosl-bags-192b-worth-of-offshore-drilling-service-deals-in-middle-east https://aogdigital.com/news/500303-baker-hughes-names-buese-new-cfo Baker Hughes Names Buese New CFO Oilfield services company Baker Hughes has appointed Nancy Buese as Chief Financial Officer effective November 2, 2022. 'Buese brings more than 30 years of financial… Wed, 19 Oct 2022 13:34:07 Z https://aogdigital.com/news/500303-baker-hughes-names-buese-new-cfo https://aogdigital.com/news/500301-baker-hughes-posts-quarterly-loss-on-charges Baker Hughes Posts Quarterly Loss on Charges Baker Hughes Co posted a quarterly loss on Wednesday, compared with a profit a year ago, hit by $230 million in restructuring and impairment charges relating to… Wed, 19 Oct 2022 12:39:17 Z https://aogdigital.com/news/500301-baker-hughes-posts-quarterly-loss-on-charges https://aogdigital.com/news/500127-arabian-drilling-set-to-raise-over-700m-in-ipo Arabian Drilling Set to Raise over $700M in IPO Arabian Drilling Company, a Saudi oilfield services firm, said on Tuesday it will price its initial public offering at 100 riyals a share and is set to raise 2.67 billion riyals ($710… Wed, 12 Oct 2022 08:31:06 Z https://aogdigital.com/news/500127-arabian-drilling-set-to-raise-over-700m-in-ipo https://aogdigital.com/news/499124-adnoc-awards-183b-drillingrelated-services-deals ADNOC Awards $1.83B Drilling-related Services Deals Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of five framework agreements valued at $1.83 billion (AED6.72 billion) for Directional Drilling… Wed, 31 Aug 2022 08:24:20 Z https://aogdigital.com/news/499124-adnoc-awards-183b-drillingrelated-services-deals https://aogdigital.com/news/498206-cmic-to-deliver-liftboat-jacking-systems-to-ctw CMIC to Deliver Liftboat Jacking Systems to CTW Chinese companies CMIC and CTW (Tianjin) Offshore Engineering (CTW) on July 18 signed an agreement for strategic cooperation and supply of four liftboat jacking systems to CTW… Thu, 21 Jul 2022 13:07:33 Z https://aogdigital.com/news/498206-cmic-to-deliver-liftboat-jacking-systems-to-ctw https://aogdigital.com/news/495996-schlumberger-posts-higher-1q-profit-as-rising-oil-prices-boost-demand-for-its-services Schlumberger Posts Higher 1Q Profit as Rising Oil Prices Boost Demand for Its Services Top oilfield services firm Schlumberger reported a higher first-quarter profit on Friday and increased its dividend by 40%, as rising oil prices boosted demand for services and equipment… Fri, 22 Apr 2022 11:22:46 Z https://aogdigital.com/news/495996-schlumberger-posts-higher-1q-profit-as-rising-oil-prices-boost-demand-for-its-services https://aogdigital.com/news/495157-halliburton-schlumberger-suspend-operations-in-russia-amid-us-sanctions Halliburton, Schlumberger Suspend Operations in Russia amid U.S. Sanctions 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… Mon, 21 Mar 2022 08:26:02 Z https://aogdigital.com/news/495157-halliburton-schlumberger-suspend-operations-in-russia-amid-us-sanctions https://aogdigital.com/news/495068-petrofac-can-compete-for-adnoc-contracts-again-as-yearlong-briberyrelated-suspension-lifted Petrofac Can Compete for ADNOC Contracts Again, As Year-long, Bribery-related Suspension Lifted Oilfield services giant Petrofac said Wednesday that Abu Dhabi National Oil Company (ADNOC) had lifted the suspension of the company imposed in March 2021.Abu Dhabi… Wed, 16 Mar 2022 13:19:10 Z https://aogdigital.com/news/495068-petrofac-can-compete-for-adnoc-contracts-again-as-yearlong-briberyrelated-suspension-lifted