Schlumberger news

The contract is for the engineering, procurement, construction and installation (EPCI) of end-to-end production solutions for the Sakarya gas field, Turkey’s largest gas reserve.

The new service expands the depth detection range and improves resolution compared to existing services, while utilising cloud and digital solutions to offer reservoir insights.

Schlumberger reported net income of US$431 million for the three months to June 30, compared with US$299 million in the first quarter.

The two companies, along with ADNOC Drilling, will provide rigless services across six of ADNOC's artificial islands in the Upper Zakum and Satah Al Razboot fields.

As part of its decarbonisation strategy, the company will use a Transition Technologies portfolio to address fugitive emissions, flaring reduction, electrification, well construction emissions, and full field development solutions.

The contract scope covers the engineering, procurement, construction and installation (EPCI) of the subsea production systems and subsea pipelines.

The collaboration will enable more customers to use advanced digital solutions in the DELFI Petrotechnical Suite.

The agreement will enable customers to combine Schlumberger surface and downhole drilling automation solutions with NOV’s rig automation platform.

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.