Subsea Integration Alliance staying together for another seven years

Subsea 7 and Schlumberger have signed an agreement to renew the Subsea Integration Alliance for a further seven years and continue to jointly develop subsea solutions for deepwater developments. Subsea Integration Alliance is a non-incorporated alliance between Subsea 7 and OneSubsea, … Read More

ADNOC dishes out drilling deals worth nearly $2 bln for thousands of new wells

UAE’s Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements to four oilfield services providers valued at $1.94 billion to enable drilling growth in its operations. The awards build on ADNOC’s recent record investments in drilling-related equipment and services, … Read More

Schlumberger solution to help optimize Northern Lights performance

The Northern Lights joint venture has selected Schlumberger to deliver its DELFI digital platform for the Northern Lights carbon capture and storage project in order to optimize performance in carbon transport and storage. The DELFI cognitive E&P environment will be … Read More

Oilfield services players close the year on a positive note

Two giant, rival oilfield services players – Baker Hughes & Schlumberger – closed the year 2021 on a positive note, recording improvements in their financial performances during the last quarter of the year with expectations for favourable market conditions in … Read More

Trio completes first Sarawak seismic survey

The consortium of TGS, PGS and Schlumberger consortium has completed the acquisition of the first of two surveys offshore Sarawak, Malaysia. Sarawak (Courtesy of TGS) According to the TGS’ update on the project, the companies concluded the acquisition of 4,092 … Read More

Schlumberger and Halliburton win big as ADNOC dishes out $763.7 million in new deals

UAE’s oil and gas giant ADNOC is making an investment of $763.7 million (AED2.8 billion) in integrated rigless services across six of its artificial islands in the Upper Zakum and Satah Al Razboot (SARB) fields to support its production capacity … Read More

Schlumberger commits to reaching net-zero by 2050

Giant oilfield services provider Schlumberger is the next company in line to commit to achieving net-zero greenhouse gas (GHG) emissions by 2050. Schlumberger said on Tuesday that it spent 18 months conducting extensive analysis and working with experts to produce … Read More

Vineyard Wind Appoints Oytan as Deputy CEO

Vineyard Wind, a 50/50 joint venture between Avangrid Renewables and Copenhagen Infrastructure Partners, have appointed Sy Oytan as Deputy CEO, seconded from Avangrid Renewables.  Oytan joins Vineyard Wind from Arup, an international offshore wind consultancy. The current Deputy CEO, Alan … Read More