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EXCEED Developments Reflect Bullish Growth Strategy

Sep 26, 2018

Aberdeen-headquartered well management and performance improvement specialist EXCEED Energy has underlined its continued global expansion with a number of significant contract wins, prompting a key appointment and a move into new premises.Recent…

Equinor Awards $3.7 Billion Service Deals

Jun 18, 2018

Norwegian oil and gas firm Equinor has awarded drilling and well service contracts worth 30 billion Norwegian crowns ($3.68 billion) to Schlumberger, Halliburton and Baker Hughes, it said on Monday.The contracts cover integrated well services…

Maersk Likely to Shelve Plans to List Drilling Division

May 09, 2018

Shipping group A.P. Moller-Maersk is likely to shelve plans to list its struggling offshore drilling division because of weak market conditions, according to five finance sources familiar with the matter.The Danish company is now expected to focus on a trade sale of Maersk Drilling…

Schlumberger Fights to Boost Patent Damages at US Supreme Court

Apr 16, 2018

The U.S. Supreme Court on Monday appeared divided over whether to make it easier for companies to recoup profits lost due to the unauthorized use of their patented technology overseas in a dispute involving Schlumberger NV, the world's largest oilfield services provider…

Fire Erupts at Schlumberger Facility in Angola

Feb 28, 2018

A fire has erupted at the facility used by U.S. oil services company Schlumberger at Angola's oil logistics hub in the capital Luanda, the chairman of state-run oil company Sonangol told a news briefing on Wednesday. Schlumberger, the world’s largest oilfield services…

Current News

Fred. Olsen Windcarrier Picks Jack-Up for 1600t Huisman Crane

Fred. Olsen Windcarrier Picks Jack-Up for 1600t Huisman Crane

Japan Identifies 10 Areas for Offshore Wind Projects

Japan Identifies 10 Areas for Offshore Wind Projects

Jadestone, Inpex in Arbitration over Offshore Block in Vietnam

Jadestone, Inpex in Arbitration over Offshore Block in Vietnam

Global Offshore Rig Count in June Falls to 208. Africa Suffers the Biggest Loss

Global Offshore Rig Count in June Falls to 208. Africa Suffers the Biggest Loss

Japan's LNG Investments Drive Faces Risk of Souring

Japan's LNG Investments Drive Faces Risk of Souring

Spring Oil Flood Causes Summer Queues in Chinese Ports

Spring Oil Flood Causes Summer Queues in Chinese Ports

MAN Compressors for Yinson's Brazil-bound FPSO

MAN Compressors for Yinson's Brazil-bound FPSO

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