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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…
Technical challenges could slow growth shale oil production in the next 12 to 18 months, the chief executive of Schlumberger…
Halliburton Co on Monday forecast lower per share profit for the fourth quarter due to pipeline bottlenecks and lower spending…
Schlumberger NV Chief Executive Officer Paal Kibsgaard said on Friday that growth in the Permian basin could be lower than…
Russia's RDIF sovereign wealth fund and U.S. oilfield services provider Schlumberger plan to complete a deal soon to buy a…
File Image: An offshore Gulf of Mexico energy operation and OSV (CREDIT: BSM) Baker Hughes, the oilfield services company controlled…
Tuesday, 27 February 2018 18:00

Fire Erupts at Schlumberger Facility in Angola

A fire has erupted at the facility used by U.S. oil services company Schlumberger at Angola's oil logistics hub in…
Monday, 29 August 2016 21:52

Bumi Q2 earnings decline

Malaysian FPSO player Bumi Armada reported 12.2% lower revenue of RM402.9 million and net loss of RM518.3 million in Q2…
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