NRG Well Management aiming for step change in upstream business
Energy services firm NRG Well Management, of Aberdeen, said it was making a “step change in approach” to its offshore business as it unveiled a new director.
Halliburton
Lower fracking prices continue to sting Halliburton in first quarter
Lower prices for hydraulic fracturing services in North America continue to sting Houston-based Halliburton, the second largest oilfield service company in the world.
Halliburton ties up contract with Shell for Brazilian projects
Halliburton has inked an integrated services contract with Shell for post-salt development and pre-salt exploration in Brazil's Campos and Santos Basins.
Chevron, BP, Shell rate high on LGBT equality, but energy sector lags overall
Some of the top oil and gas companies received perfect scores in the new LGBT workplace equality rankings, but the energy sector still ranks at the bottom for inclusion standards out of all industries nationwide.
Shale slowdown dents Halliburton worse than Schlumberger
The world’s biggest oilfield service companies are feeling the U.S. fracking slowdown as shale producers slash spending forecasts. But Halliburton Co. may be bearing the brunt of the pain while arch-rival Schlumberger Ltd. benefits from its bigger internationally footprint.
Halliburton closes 2018 with a £1.28bn profit despite weaker demand
Houston oil field service giant Halliburton finished 2018 with a £1.28 billion profit and beat Wall Street expectations despite weaker demand for its hydraulic fracturing services in North America.
Ex-Halliburton chair Lesar to start new oil services business
Dave Lesar, fresh from retiring as executive chairman of Halliburton Co. at the end of 2018, is working on a new venture in the oil patch with funding from private equity firm CSL Capital Management.
Jeff Miller takes up chairman role at Halliburton
The board at US oilfield services firm Halliburton has appointed president and chief executive Jeff Miller as its chairman.
Haliburton wins work at giant oil field in Iraq
Energy services firm Halliburton has won a contract for work on the giant Zubair Oil Field in Southern Iraq.
Stonehaven parts maker to double headcount after cash injection
A cash injection at a north-east precision engineering firm is expected to spark a recruitment drive over next few years.
Halliburton appoints new CFO after Weber walks
Halliburton has appointed a new chief financial officer after Chris Weber left the company "to pursue other opportunities".
Moody’s says oil service debt ‘unsustainable’
Debt levels at oil field services companies have reached "unsustainable" levels, the debt rating agency Moody's Investors Service said in a new report.
Halliburton posts higher Q3 profit despite pipeline bottlenecks
Halliburton Co. reported higher profits and revenues in the third quarter despite softer demand for certain services as pipeline bottlenecks constrained production activity in West Texas.
Well-Centric launches new asset rental division
Aberdeen-based Well-Centric has today announced the opening of a new oil and gas equipment rental division.
Fracking robots in the works as Halliburton ‘digitises’ oil field
Rack up one more thing robots can be used for: Fracking for oil.
Opinion: No, Halliburton’s world isn’t really ending
The phrase “temporary efficiency drags will create headwinds for additional upward pricing in the third quarter” may cause your eyes to glaze over. For shareholders of Halliburton Co. — whose CEO uttered those unfortunate words on Monday — it induced sudden nausea. The stock collapsed 8 percent, its biggest one-day drop since November 2014, when OPEC’s surprise decision to keep pumping sent oil into a tailspin.
Halliburton reports strong second quarter profit
Halliburton Co. reported strong second quarter profits as rising crude oil prices continued to boost drilling activity in West Texas and elsewhere, driving higher demand for hydraulic fracturing equipment and other oil field technology.
Halliburton records loss on last year
Oilfield services firm Halliburton Manufacturing and Services has posted a pre-tax loss of £12.3 million for the year ending 2017.
Halliburton sued by EEOC for allowing harassment of Muslims
Some Halliburton Co. supervisors and co-workers harassed two Muslim employees, according to a lawsuit filed against the world’s biggest fracking provider by the U.S. Equal Employment Opportunity Commission.
Halliburton CEO bullish on oil’s long-term future
The chief executive of Halliburton has touted the Houston energy sector’s rebound from the recent oil bust and the brightening outlook for the industry, predicting that the world will continue to rely on oil and gas for many decades to come.
Equinor hands out £2.7bn worth of contracts
Equinor said today that it was dishing out new contracts worth £2.7 billion for drilling and well services on many of its fields in Norway.
Saudi Arabia turns to Halliburton for its fracking needs
Saudi Arabia will partner with Houston-based Halliburton as it hopes to unlock a natural gas revolution similar to the shale boom that began in the U.S. more than a decade ago.
CEO pay towers over median salary of workers
Before his departure in January, John Watson steered Chevron through a painful oil-market crash, maneuvered billions to turn the fertile Permian Basin into an oil-pumping machine, and drove stock-market returns three times higher than its larger rival Exxon Mobil as oil prices climbed up from rock bottom.
Halliburton swings to profit despite Venezuela write down
Halliburton Co. swung to a profit in the first quarter as rising crude prices bolstered demand for hydraulic fracturing equipment and other oil field technology, though executives noted the impact of supply line constraints.
New Tendeka recruit to speed up PulseEight commercialisation
Tendeka has hired a new advanced completions director to help drive the commercialisation of its wireless intelligent completions technology, PulseEight.