Digital Oilfield News

 

World's Largest Oilfield Services Firm Rebrands for a Lower-carbon Future

Oct 24, 2022

Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a lower-carbon future, the company said on Monday. The nearly 100-year-old firm, originally named after its founding family…

Schlumberger Launches Enterprise Data Solution

Sep 21, 2022

Schlumberger on Wednesday announced the commercial release of the Schlumberger Enterprise Data Solution, which is powered by Microsoft Energy Data Services. 'Developed to deliver the most comprehensive capabilities for subsurface data—in alignment…

Baker Hughes to Restructure Organization into Two Units

Sep 06, 2022

Oilfield services firm Baker Hughes Co said on Tuesday it will simplify its organizational structure by reducing its business units to two from four, starting October 1.The company added it expects to deliver at least $150 million in cost savings…

Halliburton, Aker BP to Develop 'Next-gen' Field Development Software

May 23, 2022

Oilfield services giant Halliburton has partnered up with the Norwegian oil and gas company Aker BP to co-develop what it says will be next-generation field development planning software. 'The collaboration delivers a new cloud application – Field Development Planning (FDP) – from Halliburton…

Well Integrity and P&A: HydraWell and READ Agree to Merge

May 16, 2022

Norway's HydraWell and UK-based READ have agreed to merge to create a well integrity specialist focused on late-life oilfield activities, including permanent plugging and abandonment of hydrocarbon wells.According to a statement issued Monday…

ConocoPhillips to Use Schlumberger Digital Solutions for Reservoir Engineering Modeling

Mar 07, 2022

Oilfield services company Schlumberger on Monday announced an enterprise-wide deployment of the cloud-based DELFI cognitive E&P environment for the U.S. oil firm ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled…

Schlumberger Launches 'Unique' 3D Reservoir Mapping-while-drilling Service.

Feb 22, 2022

Oilfield services giant Schlumberger on Tuesday announced the GeoSphere 360 3D reservoir mapping-while-drilling service. 'The service leverages advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. This…

Schlumberger Secures Work at Northern Lights Carbon Capture Project

Jan 28, 2022

Oilfield services giant Schlumberger will deploy its DELFI cognitive E&P environment on the Norwegian carbon capture and storage project Northern Lights.The Northern Lights project is operated by the namesake joint venture, owned by Equinor…

Wood Bags Engineering Services Work on Aramco's Giant Offshore Oil Fields

Dec 07, 2021

Energy industry engineering services firm Wood said Tuesday it had secured a multi-million dollar contract with Saudi Aramco.The contract, of unspecified value, is for the delivery of engineering and project management services for the Safaniyah and Manifa oil fields in the Kingdom of Saudi Arabia…

ADIPEC: Baker Hughes, AIQ to Create Analytics Solutions for Oil and Gas Industry

Nov 18, 2021

Oilfield services and energy tech firm Baker Hughes has entered a partnership with AIQ, an artificial intelligence JV between the Abu Dhabi National Oil Company's (ADNOC) with Group 42 (G42). The partners will collaborate to create advanced analytics solutions for the global oil and gas industry…

Stena Drilling Buys Stake in Blockchain Firm SCS

Oct 13, 2021

Offshore drilling rig owner Stena Drilling has acquired a minority stake in and formed a three-year technology partnership with SmartChainServices (SCS), a UK-based blockchain technology start-up.Stena Drilling said the move followed a six-month proof of value project…

Schlumberger, AVEVA Offer Integrated Digital Solutions for Oil & Gas Production Operations

Sep 30, 2021

Oilfield services giant Schlumberger and industrial software provider AVEVA have agreed to integrate edge, AI, and cloud digital solutions to help oil companies optimize oil and gas production. The companies said they'd collaborate together to streamline how energy operators acquire…

Energean Hires Halliburton for Offshore Drilling Services in Israel

Sep 15, 2021

Oilfield services firm Halliburton has secured an integrated services contract to execute a three to five well drilling and completions campaign for the Mediterannean Sea-focused oil and gas firm Energean.The U.S.-based oilfield services giant…

ROV Services Market Update

Aug 11, 2021

Chart courtesy Kimberlite International Oilfield Research The ROV Services market continues to be a key component for helping subsea operators achieve greater levels of operational efficiency and to reduce costs and will play a growing role…

Sapura Hires Halliburton for Offshore Drilling Services Support

Aug 11, 2021

Malaysian offshore drilling contractor Sapura Drilling has awarded oilfield services giant Halliburton an offshore integrated contract.Sapura Drilling will, with Halliburton as its technical partner, execute an Integrated Rig Drilling Completion…

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