Tagged Schlumberger

Schlumberger narrows its loss in fourth quarter

Rate this article By Offshore Energy Today.. Schlumberger, the world’s largest oilfield services provider, tightened its loss in the fourth quarter of 2016, compared to the year-before period, amid an 8 pct drop in revenues. During the fourth quarter of 2016, Schlumberger’s net loss decreased by 80% to $204 million, from $1.02 billion in the…

Ophir says Fortuna FLNG on schedule for FID in H1 2017

Rate this article By LNG World News Image courtesy of Ophir EnergyLondon-based Ophir Energy on Thursday said its Fortuna FLNG project in Equatorial Guinea is “firmly on schedule” for a final investment decision in the first half of this year. Ophir and its partner, OneLNG, a joint venture between Golar LNG and Schlumberger, are “making…

Hyperdynamics taps Schlumberger for Guinea drilling services

Rate this article By Offshore Energy Today Hyperdynamics is getting ready to begin drilling operations at its offshore block in the Republic of Guinea. The company on Tuesday said it signed a deal with Schlumberger for the provision of essential drilling services for the deepwater exploration well planned for the second calendar quarter of 2017…

Schlumberger inks two rig equipment deals with Transocean

Rate this article By Offshore Energy Today.. Cameron, a Schlumberger company, on Wednesday announced the signing of two 10-year pressure control equipment management service contracts on behalf of Transocean worth more than $350 million. Schlumberger said that the first contract calls for it to manage Transocean’s Cameron risers in the Gulf of Mexico. This agreement…

Murphy Oil hires subsea firms for Dalmatian field work

Rate this article By Offshore Energy Today U.S. oil firm Murphy Oil has ordered a multiphase boosting system for its Dalmatian offshore development in the U.S. Gulf of Mexico. The system will be supplied by Subsea Integration Alliance, a company formed in 2015 by OneSubsea, Schlumberger, and Subsea 7. According to Subsea Integration Alliance, the…