Tagged Schlumberger

Aker BP awards four-year seismic contract to Schlumberger

Rate this article By Offshore Energy Today.. Oil exploration and production company Aker BP has awarded a framework contract to Schlumberger for acquisition of 4D seismic data. The framework contract has a duration of four years, with an option for 2+2 years. The contract includes WesternGeco marine acquisition of 4D seismic data over the Aker…

Schlumberger boosts 1Q revenues as profit falls

Rate this article By Offshore Energy Today.. Schlumberger, the world’s largest oilfield services provider, increased its revenues by almost 6 pct during the first quarter of 2017 while its profit fell, compared to the year-before period. In the quarterly report on Friday, the company posted a $6.89 billion in revenues for the first quarter 2017,…

Schlumberger buys stake in Borr Drilling

Rate this article By Offshore Energy Today Schlumberger, the world’s largest oilfield services provider has bought a stake in Norway’s Borr Drilling, a recently established offshore drilling company. This was revealed by Schlumberger’s CEO Paal Kibsgaard at a conference in New Orleans on Monday. He said the company had set up a special venture fund…

OneSubsea, Subsea 7 win Mad Dog Phase 2 contracts

Rate this article BP has awarded OneSubsea, a Schlumberger company, an engineering, procurement, and construction contract to supply the subsea production system for the Mad Dog Phase 2 development in the Gulf of Mexico. Read Full Article Here For more great articles: Offshore RSS Feed

Schlumberger, Subsea 7 land Mad Dog 2 work from BP

Rate this article By Offshore Energy Today.. Oil giant BP has awarded contracts related to its Mad Dog 2 development in the Gulf of Mexico, approximately 190 miles south of New Orleans, to Subsea 7 and Schlumberger’s OneSubsea, which cooperate through Subsea Integration Alliance. BP, as the operator, sanctioned the project in December last year….

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…