Schlumberger, which has been selling assets in North America, said it is benefitting from an inflection in global drilling activity which has picked up as oil prices climbed to US$65.45.
Chariot Oil & Gas Ltd has signed an agreement with Subsea 7 and OneSubsea to work together to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois gas development project.
The Egypt Upstream Gateway provides digital access to over 100 years' worth of accumulated national onshore and offshore seismic, non-seismic, well-log, production, and additional subsurface data under a single platform.
The two companies have completed the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada to Liberty.
The total value of the three contracts for drilling and well services on the Bacalhau field in Brazil is estimated at US$455 million.
The joint initiative will provide global access to Schlumberger’s exploration and production (E&P) cloud-based environment and cognitive applications by leveraging IBM’s hybrid cloud technology, built on the Red Hat OpenShift container platform.
Schlumberger has reported its second straight quarterly loss after recording US$3.7 billion in impairment and restructuring charges.
The Performance Live service provides customers with instant access to data and collaboration with domain experts, enabling faster, more informed decision making for directional drilling, well logging, formation testing and other oil and gas operations.