1136 results
A list of search results
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Authorities & Government, Business & Finance, Business developments & projects, Regulation & policy
Some 262 oil service workers at Schlumberger’s Norwegian entity plan to go on strike from 3 December if negotiations with employers over pay and working conditions fail.
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Business & Finance, Business developments & projects
Norwegian oil firm Equinor has awarded Baker Hughes, Halliburton, and Schlumberger contracts for drilling and well services on the Bacalhau field offshore Brazil.
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Business & Finance, Business developments & projects, Collaboration, Infrastructure, Vessels
Milaha, a maritime and logistics organizations in the Middle East, has entered into a formal agreement to cooperate with a giant American oilfield services firm, Schlumberger.
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Human Capital, Outlook & strategy, Regulation & policy, Safety
Another former female employee of oilfield services giant Schlumberger has been added as a second plaintiff in a $100 million sexual harassment class-action lawsuit against the company.
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Business & Finance, Business developments & projects
McDermott has informed that Andrew F. Gould, former Chairman and CEO of Schlumberger, has joined its board of directors.
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Business & Finance, Business developments & projects
Offshore drilling rig owner Borr Drilling has named a new chief executive officer (CEO) of the company.
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Business & Finance, Business developments & projects, Human Capital
Giant oilfield services provider Schlumberger is cutting around 21,000 jobs as a response to one of the most challenging quarters in over a decade.
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Oilfield services major Schlumberger recognised a $3.34 billion loss in the second quarter on $3.7 billion charge and revenue drop of some 35 per cent. The loss of $2.47 per share compares with profit of 35 cents per share same time last year. Revenues fell from $8.26 billion in Q2 2019 to $5.35 billion mainly […]
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Business & Finance, Business developments & projects, Exploration & Production, Operations & Maintenance
Partners in the Otakikpo marginal field, located offshore Nigeria, have executed service agreements for the next phase of the drilling program.
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Business & Finance, Business developments & projects, Regulation & policy, Safety
A woman who once worked for oilfield services giant Schlumberger has filed a $100 million lawsuit against the company for alleged sexual harassment, sex discrimination, and physical danger.
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Business & Finance, Business developments & projects
Schlumberger took an $8.5 billion charge in the first quarter of the year rocked by the low oil price environment and the coronavirus pandemic.
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TGS, in partnership with Schlumberger, has started the second phase of the ultra-long offset node project in U.S. Gulf of Mexico. This follows the completion of the Amendment Phase 1 project acquired in Mississippi Canyon in 2019. The next phase will extend the footprint of ultra-long offset data to the Northern Green Canyon protraction area […]
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Oilfield services company Schlumberger has revealed its plans to delist from the London Stock Exchange (LSE) due to low trading volumes and high administrative costs.
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Business & Finance, Operations & Maintenance, Project & Tenders
Well-Safe Solutions has awarded a contract to Schlumberger for the provision of plug and abandonment well services. The scope includes the supply of cementing service, wireline services, wellbore fluid services and fishing, milling and swarf recovery services. The work will be aboard the company’s flagship decommissioning asset – Well-Safe Guardian. Phil Milton, chief executive officer […]
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Business & Finance, Exploration & Production
Well-Safe Solutions has awarded a “significant work scope” to Schlumberger for the provision of plug and abandonment well services in the North Sea.
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Business & Finance, Equipment, Research & Development
The Egyptian Ministry of Petroleum and Schlumberger have introduced the Egypt Upstream Gateway, a project for digitizing subsurface information and delivering a digital subsurface platform to ensure Egypt’s subsurface data is kept evergreen. The Egypt Upstream Gateway will also be a platform to promote Egypt’s exploration and production potential worldwide. The Egypt Upstream Gateway will […]
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Business & Finance, Operations & Maintenance, Project & Tenders
Schlumberger has booked some $10.1 billion loss for 2019, despite relatively flat revenues, recognizing material pretax charges driven by market conditions, particularly in North America. “In contrast, after two years of strong growth, North American revenue fell sharply, driven largely by the land market weakness affecting our OneStim pressure pumping business, as customers reached their […]
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Oilfield services provider Schlumberger recorded a 38% drop in its fourth quarter 2019 profit and an increase in revenues when compared to the same period in 2018.
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Business & Finance, Equipment
Schlumberger has said that Simon Ayat, executive vice president and chief financial officer, will step down from this position effective January 22, 2020. Ayat, who joined the Company in 1982, will remain with Schlumberger as senior strategic advisor to the company’s chief executive officer for a period of two years. Schlumberger CEO, Olivier Le Peuch, […]
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Schlumberger has informed that Simon Ayat, Executive Vice President and Chief Financial Officer, will step down from this position effective January 22, 2020.
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Project & Tenders, Research & Development
Aker BP, Schlumberger and Stimwell Services have signed 5+5 year tripartite agreement to establish Well Intervention and Stimulation Alliance to accelerate and boost oil production. The agreement was signed by the CEOs of the three alliance partners at Aker BP’s headquarter in Fornebu on Tuesday. Through collaboration, innovative technologies and digitization the newly formed Alliance […]
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Business & Finance, Equipment, Operations & Maintenance
Schlumberger has seen red in the third quarter 2019 on major impairments on goodwill and assets. The oilfield services giant recognized Q3 2019 loss of close to $11.4 billion, or $8.22 per share, on some $37 million higher revenue ($8.54 billion), against profit of $644 million. Excluding charges, the profit fell 7 per cent at […]
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Oilfield services provider Schlumberger slumped to a huge loss in the third quarter of 2019 hit by impairment charges amid difficult market conditions.
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Former CEO of Schlumberger Paal Kibsgaard has been formally appointed as the new chairman of the offshore drilling contractor Borr Drilling.
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Business & Finance, Equipment, Operations & Maintenance, Research & Development
Schlumberger, Chevron and Microsoft have announced the industry’s first three-party collaboration to accelerate creation of innovative petrotechnical and digital technologies. As part of the collaboration, the three companies will work together to build Azure-native applications in the DELFI cognitive E&P environment initially for Chevron, which will enable companies to process, visualize, interpret and ultimately obtain […]
