Adnoc hands out framework drill deals to Schlumberger, others
Adnoc has dished out five framework agreements for directional drilling and logging while drilling (LWD), worth $1.83 billion.
Halliburton
Halliburton takes $366m impairments on Russia invasion of Ukraine
Marketing for sale its business in Russia and impairments on its assets in Ukraine saw Halliburton (NASDAQ: HAL) take $366m of impairments in the first half of 2022.
Equinor extends drilling contracts worth £1.2bn with Baker Hughes, Halliburton and Schlumberger
Equinor is extending contracts with oilfield services giants Baker Hughes, Halliburton and Schlumberger for integrated drilling and well services on the Norwegian continental shelf (NCS).
Halliburton makes changes to top brass
Energy services giant Halliburton (NYSE: HAL) has announced two leadership changes as part of its robust succession management process.
Halliburton says it must end some contracts in Russia by May 15 on sanctions
Halliburton said that sanctions imposed by the US, the EU and other nations require the company to wind down certain contracts in Russia by May 15.
Halliburton takes $22m hit on Ukraine writedown
Halliburton reported pre-tax profits of $332 million for the first quarter of 2022, but took impairments on assets and receivables in the wake of the war in Ukraine.
Iraq eyes decision in May on Halliburton gas deal
Iraq may reactivate a deal with Halliburton to drill wells in a western gas field in Akkas next month, Oil Minister Ihsan Abdul Jabbar told local media.
KCA Deutag suspends new investments in Russia
Aberdeen-headquartered drilling contractor KCA Deutag has suspended new investments in Russia, as oilfield services firms join energy majors in reducing exposure to the Russian market following the invasion of Ukraine.
The world’s biggest oilfield contractors are quitting future Russia work
The world’s three biggest oilfield service providers are halting future work in Russia in response to President Vladimir Putin’s invasion of Ukraine, announcing their decisions separately and within 24 hours of each other.
Schlumberger, Halliburton and Weatherford among winners of $2bn ADNOC contracts
Abu Dhabi National Oil Company (ADNOC) announced a series of framework agreement awards worth some $2 billion, as it embarks on a new drilling programme.
Halliburton reports 2021 profits of £889m, forecasts ‘multi-year upcycle’
US oilfield services giant Halliburton is back in the black after a “solid execution” of its strategy in the last year.
Halliburton denies vying for Exxon’s stake in Iraq field
Halliburton denied a claim by Iraq’s oil minister that it’s in talks to buy the stake of ExxonMobil in the huge West Qurna-1 oil field in the south of the country, amid ongoing uncertainty about the future ownership of the asset.
Iraq says Halliburton and ExxonMobil are in talks for stake in West Qurna-1 oil field
Halliburton and ExxonMobil are in talks over the latter’s attempt to sell a a stake in the West Qurna-1 oil field in southern Iraq, according to the country’s energy minister.
Halliburton sees world headed for oil scarcity
Halliburton, one of the world's largest oilfield services companies, has warned that the world is headed into a period of scarcity for oil after seven years of underinvestment following crude’s plummet from $100 a barrel in 2014.
Halliburton hired to plug huge oil spill in Nigeria
Halliburton, one of world’s largest oil services companies, said a unit of the firm has been hired to help seal a well head in southern Nigeria that’s been spewing its contents for several weeks.
Halliburton results show ‘effectiveness’ of strategy as company reports profits of £596m
Halliburton’s chief executive has praised the “effectiveness” of its “strategy and execution” after the company reported a healthy balance sheet.
Halliburton contract outrages Lebanon
Lebanese politicians have raised concerns over offshore plans by Energean and Halliburton, in a disputed area.
Halliburton strategy ‘working well’ says CEO as company posts healthy H1 profits
Halliburton’s chief executive says the company’s strategy is “working well” after a relatively healthy financial start to the year.
Schlumberger and Halliburton win big as ADNOC dishes out $764million unified contract
ADNOC has dished out a unified drilling contract worth $763.7million, with Schlumberger and Halliburton landing sizeable shares.
Aubin project manager prevails in Decom Awards rising star category
A project manager at a north-east firm shined brightest out of a trio of budding decommissioning experts to win a prestigious award today.
Industry chiefs warn of added ‘bureaucracy’ resulting from new pre-qualification platform
North Sea operators are being warned against introducing further “bureaucracy” amid concerns it could make life even more difficult for the supply chain.
Upturn in North Sea well construction work boosts Halliburton
US oilfield service firm Halliburton was back in the black in the first quarter of 2021, thanks partly to an upturn in North Sea work.
Talent gets a platform
As key contributors to OGUK’s events programme, Lois Wilkinson and Isabella Busch help organise a host of events including the representative body’s annual awards, where members of the next generation achieved industry recognition.
KOC awards Halliburton digital work
Kuwait Oil Co. (KOC) has awarded a contract to Halliburton to extend digital support to the North Kuwait asset.
Halliburton slumps to pre-tax losses of £2.4bn for 2020
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.