Search results for: Paal Kibsgaard

3802 results

A list of search results

  • 22 August 2019
    Exploration & Production

    Ex-Schlumberger CEO to become Borr Drilling chairman

  • 8 October 2019
    Business & Finance

    Former CEO of Schlumberger Paal Kibsgaard has been formally appointed as the new chairman of the offshore drilling contractor Borr Drilling.

  • 10 December 2013
    Business & Finance

    On December 9, CNPC Vice President Wang Dongjin met with visiting SLB CEO Paal Kibsgaard in Beijing. They had a discussion on reinforcing bilateral strategic cooperation in oil and gas exploration and development, oilfield services, and exchange of technical and managerial staff. After the meeting, a strategic cooperation framework agreement was signed between CNPC and […]

  • 8 February 2019
    Business & Finance

    Schlumberger has appointed Olivier Le Peuch as chief operating officer, effective immediately. Reporting to Paal Kibsgaard, chairman and chief executive officer, Le Peuch will be responsible for the day-to-day management of all worldwide operations. Previously, Le Peuch was executive vice president Reservoir & Infrastructure, responsible for the management of the Cameron product lines, including OneSubsea, […]

  • 21 July 2011
    Business & Finance

    The Board of Directors of Schlumberger Limited  announced today that Andrew Gould, Chairman and Chief Executive Officer of Schlumberger Limited will retire as Chief Executive Officer effective August 1st 2011. Mr. Gould will continue to serve as Chairman of the Board until the annual general meeting of the company’s stockholders in April 2012. It is […]

  • 21 July 2011
    Business & Finance

    The Board of Directors of Schlumberger Limited  announced today that Andrew Gould, Chairman and Chief Executive Officer of Schlumberger Limited will retire as Chief Executive Officer effective August 1st 2011. Mr. Gould will continue to serve as Chairman of the Board until the annual general meeting of the company’s stockholders in April 2012. It is […]

  • 21 July 2011

      The Board of Directors of Schlumberger Limited  announced today that Andrew Gould, Chairman and Chief Executive Officer of Schlumberger Limited will retire as Chief Executive Officer effective August 1st 2011. Mr. Gould will continue to serve as Chairman of the Board until the annual general meeting of the company’s stockholders in April 2012. It […]

  • 22 July 2019
    Business & Finance

    Schlumberger has appointed Olivier Le Peuch as its new chief executive officer and member of the Schlumberger board, effective August 1, 2019. In his 32 years with Schlumberger, Le Peuch has held a variety of global management positions. Le Peuch succeeds Paal Kibsgaard, who will retire as CEO effective that same date. Also effective August […]

  • 16 January 2015
    Business & Finance

    Schlumberger, the world’s largest oilfield services provider, has announced that the company will cut 9,000 jobs.  Schlumberger says that, in response to lower commodity pricing and anticipated lower exploration and production spending in 2015, the company decided to reduce its overall headcount in order to “better align with anticipated activity levels for 2015”. Schlumberger recorded a $296 […]

  • 23 July 2018
    Business & Finance, Equipment, Operations & Maintenance

    Schlumberger has bounced back in black in the second quarter of 2018. The oilfield services giant generated profit of $430 million, or 31 cents per share, on revenue of $8.3 billion, versus loss of $74 million, or 5 cents per share, on revenue of $7.46 billion same time last year. However, when compared to the […]

  • 17 April 2015

    Schlumberger, the world’s largest provider of services to the oil and gas industry, has announced a new round of job cuts. On top of the 9000 layoffs announced in January, the company has said it will let go 11.000 more workers, citing cuts in capex made by oil companies due to falling oil prices. Schlumberger Chairman […]

  • 17 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    The Houston-based oilfield services major, Schlumberger, is slashing another 11,000 jobs as it fells the impact of downturn in oil prices and lower E&P spending. In January this year, Schlumberger informed that the company had laid off 9,000 employees late last year, recording a $296 million charge associated with a headcount reduction. In line with the previous […]

  • 23 January 2017
    Business & Finance

    Oilfield services major Schlumberger has posted fourth-quarter 2016 net loss of $204 million, versus a loss of $1.02 billion in the same period last year. The company’s revenue fell 8 percent to $7.1 billion, from $7.74 billion in the corresponding period in 2015. Schlumberger reported cash flow from operations of $2 billion. Schlumberger chairman and CEO, Paal Kibsgaard, said: “While […]

  • 24 June 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    Cameron and Schlumberger announced that OneSubsea™, a joint venture to manufacture and develop products, systems and services for the subsea oil and gas market, has received all required regulatory approvals. The parties will close the transaction making OneSubsea operational on June 30, 2013. Cameron and Schlumberger have 60/40 ownership of the joint venture, respectively. Cameron, […]

  • 8 February 2019
    Business & Finance

    Oilfield services provider Schlumberger has appointed a new chief operating officer (COO) of the company.

  • 22 July 2016
    Business & Finance

    Oilfield services major, Schlumberger, has reported net loss of $2.16 billion versus net income of $1.12 billion in the corresponding period in 2015. The company’s second-quarter revenue fell to $7.16 billion, from $9 billion same time last year. According to Schlumberger chairman and CEO Paal Kibsgaard, in the second quarter market conditions worsened further. “In spite of the […]

  • 20 July 2018
    Equipment

    Oilfield services giant Schlumberger posted a second-quarter revenue of $8.3 billion, an 11 percent rise compared to a revenue of $7.4 billion a year ago, as its CEO expects an increase in E&P spending.

  • 19 July 2019
    Business & Finance

    Schlumberger recorded a 14 percent increase in its second quarter 2019 net profit while expecting oil market sentiments to remain balanced. Schlumberger has also revealed that its CEO will retire after eight years in the role and the company has already lined up a replacement.

  • 20 April 2018
    Business & Finance, Equipment, Operations & Maintenance

    Schlumberger has seen its net income jump 88 percent in the first quarter of 2018. The oilfield services giant generated profit of $525 million, or 38 cents per share, on revenue of $7.28 billion, versus profit of $279 million, or 20 cents per share, on revenue of $6.89 billion same time last year. Revenue increased […]

  • 12 August 2014
    Business & Finance, Equipment, Project & Tenders

    OneSubsea, a Cameron and Schlumberger company, Helix Energy Solutions Group, Inc. and Schlumberger have announced that they have entered into a letter of intent to form an alliance to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems. Helix is a leading subsea well intervention provider, with the […]

  • 28 March 2017

    Schlumberger, the world’s largest oilfield services provider has bought a stake in Norway’s Borr Drilling, a recently established offshore drilling company. This was revealed by Schlumberger’s CEO Paal Kibsgaard at a conference in New Orleans on Monday. He said the company had set up a special venture fund for project investments “to demonstrate our openness to […]

  • 21 July 2017

    Schlumberger has narrowed its second quarter loss to $74 million, compared to $2,16 billion a year ago. The world’s largest oilfield services provider posted the second quarter revenue of $7,46 billion, 4 percent up from $7,16 billion in the corresponding quarter of 2016. Sequentially, revenue grew eight percent, as Schlumberger had reported a revenue of […]