Schlumberger, the largest oil-field service company in the world, lost $10.1 billion in 2019 as a result of hefty write-downs on two past acquisitions and weakening demand for hydraulic fracturing services in the United States and Canada.
Australia’s Woodside Energy has approved the 100,000 barrel per day Sangomar project, offshore Senegal, launching agreements with suppliers and putting the field on course to begin production in 2023.
Occidental Petroleum added to its board of directors Thursday with the appointment of a former chief executive of Schlumberger as Oxy aims to instill more confidence with shareholders after risking its future to buy Anadarko Petroleum for $38 billion last year.
Global oilfield company Schlumberger has said today it has committed to a 'science-based' emissions reduction target.
Schlumbergers chief financial officer has announced plans to step down following the company's £9.3billion pre-tax loss in October.
Now more than ever, it is important we work to attract the next generation into the industry.
Neptune Energy and partners have dished out drilling services contracts worth £30.8 million for its 50 million barrel Seagull project in the UK North Sea.
A north-east man is being sued by oilfield services giant Schlumberger for $1million after they claimed he left the firm to work for a rival.
The Schlumberger lawsuit is a lesson for employees “not to pay lip service” to legal contracts, according to an employment law expert.
Heavy impairment charges led Schlumberger to a loss of £9.3billion before tax in its third quarter results.
Schlumberger, Chevron and Microsoft have launched a cloud-based artificial intelligence platform to improve a digital services in the oil field.
For almost 30 years I have been relentlessly battered with the oil & gas industry’s supposed track record in innovation.
The UK upstream oil and gas sector will be a hive of activity over the coming years, two global energy consultancies have said.
The rig site survey has begun on Corallian Energy's Curlew-A field in the central North Sea.
Global oil field service giant Schlumberger reported nearly $8.3 billion of revenue during the second quarter beating Wall Street expectations.
Oilfield services giant Schlumberger has appointed a former North Sea boss as its new chief executive.
For the oilfield services industry, it’s no longer about merely navigating a downturn. It’s now about survival.
After several years in the doldrums, oilfield service companies are beginning to raise prices for their products and services, according to Rystad Energy.
Energy industry heavyweights and a climate change leader will share the stage during the plenary session of SPE Offshore Europe 2019.
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.
Oilfield service giant Schlumberger is exiting the tubulars business after agreeing to sell three specialized subsidiaries to a Houston company in a $400 million deal.
A Saudi oilfield services company backed by the country’s sovereign wealth fund kicked off a planned $1.2 billion in acquisitions by buying Texas-based Schlumberger Ltd.’s Middle Eastern drilling-rig business.
The boss at energy services giant Schlumberger has predicted "steady improvement" in the oil market this year.
Schlumberger’s board is leaning toward picking chief operating officer Olivier Le Peuch to become its next chief executive officer, according to a person familiar with the matter.
Aberdeen firm EnerMech has appointed Emmanuelle Marshall as Group HSE Director.