Schlumberger NV beat Wall Street estimates for profit on Friday, in the first quarter under Olivier Le Peuch, as higher international drilling activity boosted demand for its equipment and services and helped counter weakness in North America…
Oilfield procurement specialist Craig International said it has been awarded its first contract with Petrofac in the UK.The company will provide third party procurement services and supply general oilfield products to support Petrofac’s offshore operations in the North Sea…
Five companies submitted proposals to explore for oil and gas on 12 blocks among 19 offered in Israel's second offshore licensing round. This was the second Israeli offshore licensing round.A government press release quoted Minister of Energy…
Dutch offshore services provider OOS International has formed a joint-venture with compatriot demolition company Sagro, which would be named Sargoos.According to OOS International, both companies will excel in their distinctive specialisms.OOS…
Oilfield service provider Halliburton Co said on Monday it expects international offshore spending to rise 14 percent in 2019, double the estimates given by sector leader Schlumberger NV for international markets overall.Schlumberger said last…
The global enterprise applications company IFS announced that international offshore drilling contractor Borr Drilling has deployed IFS Applications to improve operations and optimize its IT landscape.The enterprise software company said in…
The Danish Parliament has approved new regulation following extension of the rules on tax free net wages for seafarers to also include certain specialized vessels.According to Danish Maritime Authority, the Danish parliament adopted an extension of the seafarer tax scheme last spring…
Norwegian oil and gas firm Equinor plans to drill more exploration wells internationally and more onshore wells in 2019 compared to this year, the company's head of exploration said on Tuesday.'In general, there will be more international activity…
Aberdeen-headquartered oil and gas service company TEMS International has appointed Nicola Lomax to the newly created role of QHSE manager as it continues to expand its workforce in response to growing demand for its services.Lomax will be responsible for developing and managing the firm’s health…
Bahrain's state-owned oil company Nogaholding plans to raise $1 billion through a dual-tranche U.S. dollar-denominated bond on Wednesday, a document by one of the banks leading the transaction showed.The deal is the first foray by a Bahraini…
Seanamic Group’s Umbilicals International has opened a new quayside manufacturing site in Channelview, Texas – just 30 minutes east of downtown Houston – today (5 December). Umbilicals International's Channelview facility…
Dutch heavy life and accomodation vessel firm OOS International has agreed a memorandum of understanding with Chinese offshore services company Jiangsu Fanzhou Shipping to form a strategic alliance. The two hope to work together to expand the coverage of their vessels globally…
Anadarko Petroleum reported today (4 October) that it has consolidated its leadership structure to align with the company’s narrower focus on its business. Mitch Ingram, formerly EVP, Global LNG, has been named EVP, International & Deepwater Operations and Project Management…
Anadarko Petroleum named Daniel E. Brown executive VP, International and Deepwater Operations. Darrell E. Hollek, formerly executive vice president, Operations, will serve as a senior adviser until his retirement later this year. Brown began his career with the company in 1998…
Blake International Rigs signed a contract to mobilize the Blake Rig 651 to Energy XXI’s South Pass 77 C platform. The initial contract term is for one well, which is scheduled to start in late April following a 30-day make ready period at Blake’s Houma facility…
