Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of five framework agreements valued at $1.83 billion (AED6.72 billion) for Directional Drilling and Logging While Drilling (LWD).According to ADNOC, the deals are the largest of such awards in the oil and gas industry and were awarded to Al Ghaith Oilfield Supplies and Services Company, Al Mansoori Directional Drilling Services (Al Mansoori)…
Texas-based oilfield services company Weatherford has secured a significant contract to deliver Managed Pressure Drilling (MPD) services for the Trion project, a deepwater oil production project in Mexico operated by Woodside’s Mexican subsidiary…
Texas-based oilfield services company Weatherford has won a five-year contract to provide Intervention Services for Petróleo Brasileiro S.A. ('Petrobras') in Brazil.'Weatherford has performed Intervention Services in Brazil for more than 20…
Oilfield services company Weatherford has appointed Arun Mitra as the Company’s Executive Vice President and Chief Financial Officer.Before joining Weatherford, Mitra served as the Executive Vice President and Chief Financial Officer of Mitsubishi Power Americas Inc…
Coatings manufacturer AkzoNobel has appointed Michael Stulberg As New Regional Commercial Director For Marine And Protective Coatings Americas.According to the company, Stulberg brings to the role extensive expertise across sales and product…
U.S. oilfield services company Weatherford International announced Monday that H. Keith Jennings, Executive Vice President and Chief Financial Officer, would leave the company on July 31, 2022. '[Jennings'] leaving the company is not the result…
Abu Dhabi National Oil Company (ADNOC) on Thursday awarded framework agreement awards worth $1.94 billion 'to enable drilling growth.'The company, which plans to boost crude oil production capacity to 5 million barrels per day (mmbpd) by 2030…
Safe Influx, an Aberdeen-based well control company, said Thursday that the rig trial of the industry’s first-ever integration of Managed Pressure Drilling (MPD) and Automated Well Control technology has been completed. 'Following months of preparation by Weatherford…
Norway's Safe labor union has come to an agreement with employers over wages and other conditions at oil service companies, it said on Thursday, preventing a strike among workers.The bargaining covered drillers, well service crews, and other workers at oil industry subcontractors Schlumberger…
With the energy transition gaining pace, several exploration and production (“E&P”) companies have adjusted their business models; both to reduce emissions and to mitigate climate-related business risks. E&Ps may be grabbing the headlines regarding…
Oilfield services firm Weatherford has said it has helped an unnamed U.S. Gulf of Mexico operator achieve 'an industry first.'Weatherford said that its Shallow Angle QuickCut System successfully achieved the industry’s first 12 ¼-in. casing sidetrack…
Jack-up drilling rig contractor Borr Drilling has appointed Christoph Bausch as its new Chief Financial Officer, replacing Francis Millet with effect from November 1, 2020.Previously, Bausch served as Executive Vice President and Chief Financial Officer of Weatherford…
Aberdeen-based subsea control system provider J+S Subsea, launched in September, has appointed Phil Reid as its first managing director. J+S Subsea also appointed Doug Sedge, a former Weatherford executive and an ex-Sparrows CEO to its board as a non-executive director…
Oilfield services giant Weatherford has entered a collaboration agreement with the automated well technology specialist with Safe Influx.The two companies say the collaboration would focus on revolutionizing well integrity during the construction…
Oilfield services company Weatherford will appoint Girish K. Saligram as its President and CEO effective October 12, 2020.He will replace the interim CEO Karl Blanchard who took the role after the previous CEO Mark A. McCollum left the company in June…
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