Halliburton’s chief executive has praised “swift and decisive cost actions” after the firm delivered “strong margins and cash flow” at the back end of last year.
North Sea firms ranging from BP to Hurricane Energy have enjoyed share price hikes after a deal was reached by OPEC to curb oil production.
The chief operating officer of Maersk Drilling has said its deal with fledgling explorer Seapulse, targeting four billion barrels worldwide, is “still alive”, despite news going quiet over the last year.
Halliburton will lay off 216 employees in North Texas as the coronavirus pandemic continues to depress demand for oil-field services and equipment.
Maersk Drilling has appointed a former executive at oilfield services giant Halliburton as its new chief financial officer (CFO).
Baker Hughes has the “most ambitious” emissions reduction targets of the major oil and gas services firms, a new report has found.
Total has held talks with the National Oil Corp. (NOC) on increasing production and expanding in Libya, against a background where security appears to be improving.
Trade body Oil and Gas UK has announced the shortlist for this year’s instalment of its prestigious OGUK Awards.
The chief executive of Halliburton has said “strong results” show it is “effectively executing on its strategic priorities” after the firm cut 15,000 jobs since the start of the year.
Neptune Energy has announced plans to adopt new cloud based technologies in an effort to improve efficiency and significantly reduce non-productive time.
Silicon Valley businessman Tom Siebel urged business leaders to “drive not delegate the digital transformation”, in his keynote address to delegates at ENGenious Online.
More than 200 people joined OGUK’s Industry Insights webinar for young professionals today (Thursday, September 17) to hear how the sector is working to advance new technologies on the route to net zero.
Augean North Sea Services (ANSS) has bought the EcoCentre in Peterhead to enhance its ability to manage oilfield waste material.
Houston oil field service company Halliburton landed a contract to add cloud computing technology that will improve production at offshore rigs in Thailand.
Halliburton Co. has been slashing jobs and retiring fracking gear as low oil prices crushed its order book. Now it’s going one step further by selling the land its business rested on.
US oilfield services giant Halliburton has confirmed it will close its main UK office in Aberdeen.
The coronavirus pandemic stung oilfield service company Halliburton with a $1.7 billion (£1.3bn) loss in the second quarter.
Canada’s ReconAfrica has produced a technical evaluation on the entire Kavango Basin, in Namibia and Botswana.
Oil firms must seize the opportunity presented by the Covid-19 pandemic to grasp the nettle and embrace digital technology and data analysis, industry experts have said.
An Aberdeen oil worker who was recently made redundant from Halliburton due to Covid-19 has now set up his own hand sanitiser business to help tackle the virus.
Houston oil field services company Halliburton has laid off 1,000 employees at its headquarters as low crude prices take their toll on demand for the products and services to company sells to energy producers.
Oil and gas firms are “grappling” between putting workers on the government’s coronavirus furlough scheme or going straight to redundancies, according to experts.
An oilfield services firm has been heavily criticised for rejecting a coronavirus furlough scheme as it plans scores of North Sea redundancies.
The oil and gas industry shed nearly 51,000 drilling and refining jobs in March, a 9% reduction that is likely to get worse as futures prices fell into negative territory Monday.
Oilfield services giant Halliburton fell to a $1billion (£804.5m) net loss in the first quarter of the year, warning it “expects a further decline in revenue and profitability” as 2020 goes on.