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.
Halliburton
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.
Aker Solutions announces appointment of new Aberdeen-based manager
Aker Solutions has announced the appointment of its new Aberdeen-based UK country manager.
Baker Hughes posts small loss as GE integration continues
Houston's Baker Hughes energy services company took in $5.8 billion in fourth-quarter revenues but posted a $29 million loss as it continues to integrate its merger with General Electric's oil and gas business.
North Sea drilling activity lifts Halliburton revenues
US oil service firm Halliburton said an upturn in drilling activity in the North Sea boosted its financial performance last year.
Life after oil: A couple’s journey from employment uncertainty to Maltese dream
If you consider how much oil the world holds, Aberdeen is a microcosm by comparison.
Aker BP in oil rig pacts with Halliburton, Maersk and Odfjell
Aker BP has entered into two separate drilling and well pacts.
Oil sceptics exit as market dispels gloom to flirt with $50
As pessimism over oil dissipates and investors flirt with $50 a barrel again, short-sellers are getting out of the way.
Halliburton pays $29.2m penalty in alleged Angola bribery case
Houston-based Halliburton said Thursday it agreed to pay a $29.2 million penalty to settle a bribery case in Angola and another investigation in Iraq.
Halliburton predicts 2020 oil spike after industry cuts $2tn
Halliburton expects that the worst crude crash in a generation will lead to a spike in oil prices by 2020.
Halliburton hiring 100 per month to meet Texas fracking demand
Halliburton has hired about 100 new workers each month this year to keep up with surging demand for fracking in West Texas, a sharp turnaround after the job-killing oil bust.
Halliburton completes Summit ESP purchase
Oilfield services company Halliburton has completed the acquisition of electric submersible pump technology firm Summit ESP.
Halliburton appoints new executive vice president and CFO
American oil field services provider Halliburton has appointed Christopher Weber as executive vice president and chief financial officer.
Halliburton joins group for subsea well-capping solutions
Halliburton, Oil Spill Response Ltd (OSRL) and Trendsetter Engineering have signed a Memorandum of Understanding (MoU) for integrated subsea well-capping response solutions.
Halliburton buoyant on US shale resurgence
Oilfield service giant Halliburton's new incoming chief executive claims North America is the firm's "growth story today".