News Topics: Oilfield Services
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Norwegian Seismic Survey Firms See Mixed Picture
Thursday, July 24, 2014 Petroleum Geo-Services reports a decline in second-quarter revenues and profits, while fellow Norwegian firm announces two new sampling contracts.
BW Offshore Takes 100% Ownership of Petroleo Nautipa FPSO
Thursday, July 24, 2014 BW Offshore pays almost $60 million to take complete ownership of the Petroleo Nautipa FPSO vessel.
Halliburton Sees N. America Margin Growth On Rise In Drilling
Monday, July 21, 2014 Halliburton says it expect higher margins in North America in the current quarter due to strong drilling activity, signaling an industry-wide recovery in the region after a two-year slump.
Baker Hughes Says New Technology To Lift N. American Results
Thursday, July 17, 2014 Baker Hughes posts better-than-expected profit and expects strong growth in North America as oil and gas producers turn to its new technologies to reduce drilling time and cut costs.
Norway's Aker Solutions Earnings, Orders Miss Forecasts
Thursday, July 17, 2014 Norwegian oilfield services firm Aker Solutions posts 2Q earnings and order backlog figures that fall short of expectations.
KCA Deutag Wins $170M Sonangol Rig Contract
Wednesday, July 16, 2014 KCA Deutag wins a $170-million rig contract with Sonangol for work offshore Angola.
PSS Plans to Recruit 40 Staff in NE Scotland
Tuesday, July 15, 2014 Aberdeen-based Process Safety Solutions plans to boost its staff at its new Wick facility, northeast Scotland, by up to 40 people.
Saipem Wins Contracts In Brazil, Angola Worth A Total $600M
Tuesday, July 15, 2014 Italian oilfield services company Saipem wins contracts in Brazil and Angola worth a combined $600 million.
Premier Awards Sea Lion Platform FEED Contract to AMEC
Friday, July 11, 2014 Premier Oil awards the front-end engineering and design contract for the Sea Lion tension leg platform to AMEC.
Norway's Aker Solutions to Take $211M Writedown
Friday, July 11, 2014 Norwegian oil services firm Aker Solutions will write down $211 million after tax from its earning in the second quarter due to impairments at Aker Oilfield Services.
Britain's Petrofac Gets $700M Contract in Kuwait
Thursday, July 10, 2014 UK oilfield services firm Petrofac secures a $700-million contract with Kuwait Oil Co.
Dutch Marine Services Company Fugro Warns Will Disappoint in 1H
Thursday, July 10, 2014 Dutch marines services firm Fugro blames weakness in the oil and gas sector for results that are expected to fall short of expectations.
Survival Craft Plans to Bolster Team after Appointing New MD
Wednesday, July 09, 2014 Lifeboat specialist Survival Craft Inspectorate plans to recruit 20 additional employees by the end of 2014 as it announces a new managing director for its Asia/Australasia operations.
Swire Oilfield Services Launches IMT Service in Australia
Wednesday, July 09, 2014 Swire Oilfield Services launches inspection, maintenance and testing service in Australia.
Technip Wins Subsea Services Deal with Statoil, Exxon and Gassco
Tuesday, July 08, 2014 Oilfield services firm Technip wins a new multi-region subsea services deal with Statoil, ExxonMobil and Gassco.
Aker Acts to Find Work for more than 200 Employees amid Slowdown
Monday, July 07, 2014 Aker is trying to find roles for more than 200 of its employees amid a slowdown in the country's offshore maintenance and modifications market.
Norway Union to Ask Oil Services Workers to Vote on Wage Offer
Sunday, July 06, 2014 Norwegian union Industri Energi is to ballot its members over a wage deal reached early on Sunday with oil services companies.
Subsea 7 Takes Steps to Allow Vessels to be Used in US Waters
Tuesday, July 01, 2014 Subsea 7 restructures its board of directors so that it can use its vessels in US waters.
Lamprell Reports Strong Performance for 1H 2014
Monday, June 30, 2014 Rig builder Lamprell sees strong operational performance during the first half of 2014 thanks to the delivery of four major projects.
Seismic Survey over Ireland's Drombeg Prospect Begins
Monday, June 30, 2014 Providence Resources reports the start of a 3D seismic survey over its Drombeg oil prospect, offshore southwest Ireland.
INTECSEA Expands Presence Into New Zealand
Thursday, June 26, 2014 INTECSEA expands its presence into New Zealand.
Total Cancels Skandi Aker Vessel Contract
Wednesday, June 25, 2014 Total has cancelled a $250-million contract for Aker Solutions' Skandi Aker well-intervention vessel, which has been operating offshore Angola since September last year.
Swire Oilfield Services Plans to Expand Services in Southeast Asia
Tuesday, June 24, 2014 Swire Oilfied Services plans to expand services in Southeast Asia.
Petrofac Says Order Backlog at Record High, No Iraq Setback
Tuesday, June 24, 2014 Petrofac reports a record order backlog of $20.1 billion, saying violence in Iraq has so far not affected its operations there.
Canada's SNC-Lavalin To Buy UK's Kentz For $2B
Monday, June 23, 2014 Canada's SNC-Lavalin Group wants to buy UK energy services firm Kentz Corp. for $2 billion.
Malaysia's SapuraKencana Posts Profit Jump Due to Acquisitions
Thursday, June 19, 2014 Oil and gas services firm SapuraKencana Petroleum sees profit quintuple thanks to contributions from its newly-acquired tender rig business and other recent acquisitions.
Statoil Awards Mariner Helicopter Contract to CHC
Wednesday, June 18, 2014 CHC Helicopter will provide transportation to and from Statoil's Mariner field in the UK North Sea after a five-year contract is signed by the two companies.
Malaysia's SapuraKencana Bags $700M Drilling Contracts
Monday, June 16, 2014 Malaysian oil and gas services firm SapuraKencana wins $700 million of drilling contracts in South East Asia and Trinidad.
DNV GL's Unit Helps CNOOC Perform First DP Floatover Installation in China
Monday, June 16, 2014 DNV GL's unit Noble Denton Marine helps CNOOC perform the first offshore platform installation in China using advanced dynamic positioning floatover technology at Enping oil fields.
SBM Offshore Says Will Not Participate in Brazil Tenders
Thursday, June 12, 2014 Oil platform leasing firm SBM Offshore will not participate in bidding for two major Brazilian offshore floating production facilities.
Offshore Rig Operator Shelf Drilling Aims For $500M-Plus IPO
Thursday, June 12, 2014 Shelf Drilling plans to raise $500 million in an initial public offering on the London Stock Exchange.
Norway's PGS Says Order Book Rose to $644M by the End of May
Wednesday, June 11, 2014 Seismic survey firm Petroleum Geo-Services sees order book grow by $34 million to reach $644 million by the end of May.
BP Norge Awards AGR New Frame Agreement
Tuesday, June 10, 2014 AGR wins a Frame Agreement with BP Norge for delivering Consultancy Services.
Soma Completes Seismic Acquisition Offshore Somalia
Friday, June 06, 2014 Soma Oil & Gas Exploration completes its seismic data acquisition program offshore Somalia.
BW Signs Extension to Athena FPSO Contract
Friday, June 06, 2014 Ithaca Energy signs an extension to its agreement with BW Offshore that will see it use the BW Athena FPSO for up to five more years.
Norway's Statoil Cancels Rig Contract with Diamond Offshore
Wednesday, June 04, 2014 Statoil cancels a rig contract with Diamond Offshore Drilling eight months earlier than expected.
Wood Group Kenny Scores New BP Azerbaijan Contract
Tuesday, June 03, 2014 Wood Group Kenny wins a $60-million deal with BP Azerbaijan to provide engineering and project management services for the Shah Deniz 2 subsea execution phase.
Plexus Wins Second Maersk Deal
Tuesday, June 03, 2014 Oilfield engineering services firm Plexus wins another contract with Maersk Oil's Danish business unit.