A series of trials using the oil and gas industry’s “first ever” integrated managed pressure drilling (MPD) and automated well control (AWC) technology system has been completed.
Oilfield technology specialist Well-Sense, of Aberdeen, has unveiled a new chief executive.
US oilfield equipment and service firm Weatherford dealt another painful blow to the Aberdeen oil industry yesterday by confirming plans to shut down its manufacturing facilities in the city.
Baker Hughes has the “most ambitious” emissions reduction targets of the major oil and gas services firms, a new report has found.
Camco Oilfield Services has signed a strategic services agreement with Weatherford, under which it aims to increase its market share in Libya.
Drilling service firm MRDS has hired a director to spearhead its growth plans in the Middle East and North Africa (MENA).
Borr Drilling has appointed a new CFO who was replaced by Weatherford last year as the oil services giant underwent bankruptcy.
A spinout from Robert Gordon University (RGU) has caught the eye of US oilfield service giant Weatherford with its blowout prevention technology.
Oilfield service firm Weatherford has said it made 130 employees redundant in Aberdeen in the first half of 2020 in an effort to get a grip on its costs.
Weatherford has won a two-year, $15m contract with a major independent operator in Argentina.
Weatherford International’s chief executive has resigned just days before the struggling oil-field services company’s annual meeting and amid a debt crisis that could lead to a second bankruptcy filing in less than a year.
Chapter 11 bankruptcy has allowed Houston oilfield service company Weatherford International to close 2019 with its first profit in more than six years.
Trump administration officials have given five energy companies with strong ties to Houston another three months in the oil fields of Venezuela.
It’s been a tough run for energy stocks.
Bondholders are now calling the shots at Weatherford International, a company once considered the fourth-largest oil field service company in the world, now that it has emerged from Chapter 11 bankruptcy.
Switzerland and Houston-based oilfield service company Weatherford International has emerged from Chapter 11 bankruptcy with roughly $10 billion of financial support.
The New York Stock Exchange has issued a delisting warning to struggling Houston oilfield service company McDermott International.
Oilfield service firm Weatherford has signed two contracts worth £52 million for drilling services with two major operators in Russia.
Switzerland and Houston-based oil field service company Weatherford International posted an $821 million loss during the third quarter -- marking 19 consecutive quarters of losses for the bankrupt company.
Weatherford has signed a £175 million contract to supply Adnoc with its rotary steerable system (RSS) over a three-year period.
Oilfield service giant Weatherford has signed a five-year procurement deal with Saudi Aramco to deliver a range of technologies.
For the oilfield services industry, it’s no longer about merely navigating a downturn. It’s now about survival.
The oilfield services company Weatherford International filed for Chapter 11 bankruptcy protection Monday, after struggling to assimilate the companies it bought during a quest for growth, taking on too much debt and fighting to recover from falling oil prices in 2014 that hammered the energy industry.
A former trainee horse racing jockey who later worked in the North Sea energy industry is enjoying life after oil with her fledgling customs consultancy.
Oilfield services giant Weatherford International has announced further backing from lenders for financial restructuring plans aimed at significantly reducing its colossal debt pile.