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.
Offshore is ready for the limelight again.
With Millennials now making up the majority of employees at Schlumberger, the company's CEO said the oilfield service giant is taking a new approach to management.
Investments in North American oilfields are expected to be down this year while international markets are expected to grow, Schlumberger CEO Paal Kibsgaard said.
The energy services company Schlumberger is partnering with the Milwaukee firm Rockwell Automation to form a new company in Houston to sell equipment and services to advance digital technology and automation in the oilfield.
Schlumberger has appointed Olivier Le Peuch as chief operating officer of Schlumberger, effective immediately.
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.
Global oilfield services giant Schlumberger has celebrated a return to profit in a year which brought further UK North Sea work.
Norway’s oil lobby raised its forecast for investments in the country’s petroleum industry as cost cuts during a three-year downturn made projects more profitable and able to withstand even the recent slump in crude prices.
Underwater engineering, construction and services firm Subsea 7 has announced the award of a "sizable" Gulf of Mexico contract from BP.
A cash injection at a north-east precision engineering firm is expected to spark a recruitment drive over next few years.
The North American fracking market - already expected to be a downer for the holidays - is turning out to be even worse than expected, according to the world’s biggest oil-service provider.
Aberdeen’s new £333 million conference centre is fuelling fresh interest in one of the biggest oil and gas industry exhibitions on the international calendar.
Debt levels at oil field services companies have reached "unsustainable" levels, the debt rating agency Moody's Investors Service said in a new report.
Three north and north-east firms have been singled out for special praise in an annual review of the UK’s legal market.
Oil services giant Schlumberger has reported a healthy increase in pretax profit for Q3 2018.
I remember clearly the chit-chat in the 1980s about the prospects of creating some form of Scottish Schlumberger. It was a worthy ambition but ultimately one that was never going to be achieved.
A global partnership between Subsea 7 and OneSubsea, a Schlumberger company, has clinched a "sizeable" contract with Fieldwood Energy.
A pair of North Sea energy firms have secured the future of a hard-hitting driver safety show, which was at risk of being axed.
Shearwater GeoServices has agreed to buy the marine seismic acquisition assets of Schlumberger's geophysical services subsidiary WesternGeco.