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Thursday, 12 September 2019 03:21

Tax Breaks Approved for Russia's Largest Oilfield

Russia's finance ministry has in principle approved tax breaks for developing the Priobskoye oilfield, Russia's largest, to oil giants Rosneft…
Wednesday, 11 September 2019 20:00

OFS Sector Expected to Take a Hit

Lower oil prices will push the global oilfield services (OFS) sector into a recession in 2020 after three successive years…
Thursday, 22 August 2019 20:38

Oil Price Controls Subsea Market Growth

The subsea market in 2019 will experience year-on-year growth for the first time since 2014. But the positive outlook is…
Norwegian oil and gas firm Equinor ASA on Sunday said it will sell a 16% stake in Lundin Petroleum AB…
Published in AOG Daily: 2019 / July
Tuesday, 25 June 2019 20:20

BHGE to Bring AI to Oilfield

Oilfield service company Baker Hughes, a GE Company (BHGE) has entered into a joint venture with the California-based Artificial Intelligence…
Published in AOG Daily: 2019 / June
Sunday, 23 June 2019 19:59

Oilfield Services Pricing Rises

Oilfield services companies are in bullish mode. They are now able to raise prices for their products and services, after…
Published in AOG Daily: 2019 / June
Oilfield services company Keane Group Inc said on Monday it will merge with rival C&J Energy Services in a $745.7…
Published in AOG Daily: 2019 / June
Tuesday, 30 April 2019 03:15

Baker Hughes Profits from Foreign Focus

Baker Hughes reported negative free cash flow for the first quarter at a time energy investors have been pushing companies…
Monday, 25 March 2019 03:08

Fire Breaks Out at Kazakhstan Oilfield

A fire has broken out at the onshore Kalamkas oilfield in Kazakhstan's western Mangistau province, the country's emergencies committee said…
Thursday, 21 March 2019 12:31

Schlumberger, Rockwell Form Automation JV

Industrial automation and information company Rockwell Automation and oilfield services provider Schlumberger have teamed up to create what they're calling…
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