Schlumberger News

Odd Job Multiphase Boosting for OneSubsea, Subsea 7

Jul 28, 2022

OneSubsea and its alliance partner, Subsea 7 have won an engineering, procurement, construction and installation (EPCI) contract on Kosmos Energy's Odd Job field in the US Gulf of Mexico.Through the EPCI contract with Kosmos, OneSubsea, the subsea technologies…

Spending in Global E&P Industry Poised to Accelerate Broadly, Schlumberger CEO says

Jun 22, 2022

Spending in the global oil exploration and production industry is 'poised to accelerate broadly' and drive an increase in production, Olivier Le Peuch, chief executive of top oilfield firm Schlumberger, said at a conference on Wednesday.'The…

Schlumberger, Subsea 7 Renew Subsea Integration Alliance for 7 More Years

Jun 10, 2022

Oilfield services giant Schlumberger and offshore installation specialist Subsea 7 have agreed to renew their Subsea Integration Alliance for a further seven years.Subsea Integration Alliance is an alliance between Subsea 7 and Schlumberger’s OneSubsea subsea technologies…

BP, Shell to Cover Employee Travel for Treatment after Roe v. Wade

Jun 30, 2022

Oil producer BP on Wednesday joined Shell in pledging to cover travel expenses for U.S. employee health care treatment following a Supreme Court decision overturning the Constitutional right to an abortion.Neither of the two European companies explicitly named abortion in their statements…

Norway Oilfield Services Workers Agree Wage Deal, Averting Strike

Jun 23, 2022

Two Norwegian labour unions have signed new wage deals with oil service companies, the unions said on Thursday, preventing a strike among workers.Some 646 members of the Safe and Industri Energi unions had threatened to go on strike at companies such as Schlumberger…

James Fisher Names Vernet CEO

Jun 17, 2022

U.K.-based marine services company James Fisher and Sons plc announced it has appointed Jean Vernet as chief executive officer.He will take up this position on September 5, 2022, succeeding Eoghan O’Lionaird who will step down from his position on the board and as CEO…

Baker Hughes, Halliburton, Schlumberger, Others Win $2,1B in Drilling, Services Deals with Equinor

May 06, 2022

Oilfield services giants Baker Hughes, Halliburton, and Schlumberger have signed a contract extension with the Norwegian oil and gas company Equinor for the integrated drilling and well services on Equinor-operated fields offshore Norway.Equinor said Friday it was…

Schlumberger Posts Higher 1Q Profit as Rising Oil Prices Boost Demand for Its Services

Apr 22, 2022

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.Oil prices climbed to their highest in more than a decade…

Shell to Exit North Sea Blocks Containing Resolution, Endeavour Gas Finds

Apr 26, 2022

Shell has decided to withdraw from the North Sea licenses containing the Resolution and Endeavour gas discoveries, Egdon, its partner in the licenses, said Tuesday.'Egdon Resources advises that Shell U.K. Limited has informed Egdon and the North…

Schlumberger's SEES Aims to Eliminate Oil and Gas Industry’s Methane and Routine Flare Emissions

Mar 09, 2022

Oilfield services company Schlumberger has this week launched a dedicated business aimed at tackling methane and routing flare emissions from oil and gas operations.The company said that the business, named Schlumberger End-to-end Emissions Solutions (SEES)…

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…

Egypt: TGS, Schlumberger in Red Sea 3D Survey

Apr 06, 2022

Norwegian seismic data firm TGS, has announced a new 3D seismic survey in the Red Sea, offshore Egypt, in partnership with the oilfield services giant Schlumberger.This is the second phase of the new acquisition for the two companies in the region and will encompass a minimum of 5…

Halliburton, Schlumberger Suspend Operations in Russia amid U.S. Sanctions

Mar 21, 2022

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.The disclosures followed widespread departures by energy…

ProSep's Water Treatment System for Woodside's $12B Scarborough Project in Australia

Apr 06, 2022

Houston-based ProSep has won a water treatment project contract for Woodside's Scarborough gas development offshore of Western AustraliaThe contract, for end-client Woodside, which sanctioned the $12 billion Scarborough development in November 2021…

Schlumberger Says Russia-Ukraine Conflict Will Weigh on Q1 Results

Mar 08, 2022

Schlumberger's current-quarter results are likely to be impacted by the ongoing Russia-Ukraine conflict, its chief executive officer said on Tuesday, as Moscow accounts for about 5% of the oilfield services company's global revenue.Crude prices…

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