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
Schlumberger
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