Schlumberger news
Schlumberger, Halliburton and Baker Hughes awarded Bacalhau drilling and well services contracts
The total value of the three contracts for drilling and well services on the Bacalhau field in Brazil is estimated at US$455 million.
Schlumberger introduces new concave diamond element bit
Smith Bits, a Schlumberger company, has introduced the StrataBlade* concave diamond element bit.
Schlumberger and Milaha sign cooperation agreement
The two companies are to construct an oil well stimulation vessel as part of the agreement.
Schlumberger, IBM and Red Hat announce hybrid cloud collaboration
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 posts 2Q20 results
Schlumberger has reported its second straight quarterly loss after recording US$3.7 billion in impairment and restructuring charges.
Schlumberger launches digital service for remote wellsite operations control optimisation
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.
Schlumberger releases 1Q20 results
The company has reported a US$7.4 billion loss as a result of the impact of the Covid-19 pandemic and low oil prices.
Schlumberger cuts spending by 30%
The oilfield services company is anticipating a rapid reduction in active drilling and hydraulic fracturing activity.
TGS and Schlumberger to undertake Gulf of Mexico survey
The second phase of the companies' ultra-long offset node project will extend the footprint of ultra-long offset data to the Northern Green Canyon protraction area.
Schlumberger opens Saudi Arabia manufacturing centre
The centre in King Salman Energy Park will manufacture well completions technologies.