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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
Wednesday, 12 June 2019 03:13

Infinity, Medserv Form Services JV

Aberdeen-based Infinity Oilfield Services and Malta-based Medserv have formed a new joint venture named InMedCo, to provide a broader portfolio…
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, 22 April 2019 04:07

Halliburton Reports Activity Uptick

Halliburton Co said on Monday a pricing downturn that has plagued the oilfield services sector was bottoming out, as it…
Thursday, 18 April 2019 04:47

Schlumberger Quarterly Profit Slides

Top oilfield services provider Schlumberger NV reported a 19.8 percent fall in quarterly profit on Thursday, hit by weak demand…
Oilfield services firm Schlumberger will stop taking new field management contracts that have been criticized as requiring heavy upfront investments…
Thursday, 31 January 2019 02:29

Baker Hughes Adjusted Profit Surges 85%

Baker Hughes, General Electric Co's oilfield services arm, posted an 85 percent jump in adjusted quarterly profit on Thursday, boosted…
Wednesday, 12 December 2018 07:54

Parker Drilling Files for Bankruptcy Protection

Parker Drilling files for pre-arranged Chapter 11 reorganization © Namthip / Adobe Stock Oilfield services provider Parker Drilling Co said…
Baker Hughes, General Electric Co's oilfield services arm, fell just short of estimates for profit in the third quarter while…
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