Oilfield Services News

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Aker Bags Equinor Deal
Monday, November 23, 2020Aker Solutions has won a framework agreement with Equinor (NYSE: EQNR) to provide maintenance and modifications services at the Peregrino field, offshore Brazil.

AqualisBraemar to Buy LOC Group
Monday, November 23, 2020AqualisBraemar ASA revealed Monday that it has entered into an agreement to acquire 100 percent of the shares in LOC Group.

Oilfield Services Players Seek Electric Fracturing Supremacy
Monday, November 23, 2020Rigzone prognosticators identify trends to watch this week in the oil and gas markets.

Aramco Awards Major Deals and More
Saturday, November 21, 2020Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...

Pressure Pumper Overcomes Extinction Threat
Friday, November 20, 2020Here is a recap oil and gas market hits and misses for the week ending Nov. 20, 2020.

Texas LNG Developer Selects Channel Dredging Specialist
Friday, November 20, 2020NextDecade Corp. has selected Great Lakes Dredge & Dock Corp. to complete improvements to the Brownsville Ship Channel in South Texas.

Halliburton to Set Emission Reduction Targets
Friday, November 20, 2020Halliburton Company (NYSE: HAL) announced Thursday its commitment to set science-based targets to reduce greenhouse gas emissions.

NOV and NexTier to Test Electric Frac Prototype
Thursday, November 19, 2020The companies will jointly field-test a prototype of NOV's electric fracturing system.

Aramco Awards Major Deals to 8 Companies
Wednesday, November 18, 2020Saudi Aramco (TADAWUL: 2222) has awarded major long-term agreements to eight companies for its oil and gas brownfield projects.

2021 OTC Rescheduled for Later in Year
Tuesday, November 17, 2020The event will take place at NRG Park in Houston.

Sapura Bags Major Middle East Contract
Tuesday, November 17, 2020Sapura Energy Berhad (KLSE: SAPNRG) has announced a major contract win in the Middle East via its subsidiary Sapura Fabrication Sdn Bhd – Qatar Branch.

Plexus Makes Cameron Deal
Sunday, November 15, 2020Plexus Holdings plc has entered into a license agreement with Cameron International Limited, a Schlumberger (NYSE: SLB) group company.

Violently Positive Oil Prices and More
Saturday, November 14, 2020Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...

Production Shut In at Catcher After Fire
Friday, November 13, 2020Premier Oil (OTCMKTS: PMOIY) revealed Thursday that a fire broke out onboard the Catcher FPSO on November 9, which resulted in production being shut in.

Tullow Awards Contract for Offshore Suriname Well
Thursday, November 12, 2020Tullow Oil plc recently awarded Ramps Logistics a fully integrated contract for its upcoming drilling campaign in Block 47 offshore Suriname.

Saipem to Proceed with Offshore Guyana Work
Wednesday, November 11, 2020The above photo shows the Saipem Constellation pipelay, heavy lift and construction vessel. PHOTO SOURCE: Saipem.

Is the Worst Over for OFS Job Losses?
Tuesday, November 10, 2020The worst of US oilfield services and equipment employment cutbacks appears to be behind the industry, stated the Petroleum Equipment and Services Association.

$455MM in Brazil Contracts Go to Oilfield Services Trio
Tuesday, November 10, 2020First oil from Bacalhau is projected for 2024. PHOTO SOURCE: Equinor

Weatherford Tech Yields 42% Uptime Gain in Indonesia Field
Monday, November 09, 2020The smart rod-lift system enabled an operator in Indonesia to optimize production by automatically adjusting lift parameters, Weatherford stated. PHOTO SOURCE: Weatherford

Has the Texas Upstream Slump Bottomed Out?
Wednesday, November 04, 2020The TPI tracks metrics such as price, rig count, drilling permits, well completions and employment.

Aberdeen Services Provider Bags UKCS Deal
Tuesday, November 03, 2020Global E&C revealed Monday that it has been awarded an engineering and modification support services contract for Bluewater's Floating Production Storage and Offloading assets in the UK Continental Shelf.

Major Oil EPC Players Shifting Toward Cleaner Energy
Monday, November 02, 2020Leading oil and gas engineering, procurement and construction companies are increasingly shifting their strategies towards cleaner energy segments.

Baker Hughes Rig Count Shows 12 More Units
Saturday, October 31, 2020The total number of rotary drilling rigs operating in the US and Canada rose by 12 this week, Baker Hughes reported.

PDO Dishes Out $1B+ Contracts to GES
Monday, October 26, 2020Petroleum Development Oman has dished out multiple contract extensions and awards to Gulf Energy SAOC in the Sultanate of Oman worth more than $1 billion.

Is OFS Consolidation About to Take Off?
Monday, October 26, 2020Rigzone prognosticators identify trends to watch this week in the oil and gas markets.

Transocean Gets NYSE Notice and More
Saturday, October 24, 2020Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...

Fluor Unit Wins Peru Pipeline Contract
Wednesday, October 21, 2020Fluor's Stork subsidiary will provide pipeline maintenance services under a consortium. PHOTO SOURCE: BusinessWire

OGUK Launches Digital Decom Conference
Tuesday, October 20, 2020Industry body Oil & Gas UK is launching its first ever virtual decommissioning conference.

TechnipFMC Gets Significant Equinor EPCI Deal
Monday, October 19, 2020TechnipFMC (NYSE: FTI, PARIS: FTI) has been awarded a 'significant' EPCI contract by Equinor for the Breidablikk pipelay.

COP In Talks to Buy Rival and More
Saturday, October 17, 2020Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...

Shell Pipeline Contract Goes to Danos
Friday, October 16, 2020A Danos employee performs onshore instrumentation and electrical work. PHOTO SOURCE: Danos

Weatherford Claims Record GOM Sidetrack
Friday, October 16, 2020Weatherford this week reported a pioneering ultra-deepwater exit in a heavy wall casing. PHOTO SOURCE: Weatherford International plc

Borr Appoints Ex-Weatherford CFO
Thursday, October 15, 2020Borr Drilling Limited (NYSE: BORR, OSE: BDRILL) has announced the appointment of Christoph Bausch as its new chief financial officer.

Oil Drilling in Russia Could Fall 20% Next Year
Thursday, October 15, 2020Russia's producers, which have reduced oil drilling by as much as one-third so far this year, may cut it by a further 20% in 2021, says an oilfield services exec.

Wood Bags New Equinor Deal
Wednesday, October 14, 2020Wood (OTCMKTS: WDGJF) has secured a new contract with Equinor (NYSE: EQNR) to support the company's operations at the Mariner field in the UK Continental Shelf.

Shell and Exxon JV Awards Onshore Contract to Fluor Unit
Wednesday, October 14, 2020Nederlandse Aardolie Maatschappij (NAM) has awarded Stork a three-year maintenance contract, Stork parent Fluor Corp. reported Tuesday.

Petrofac Chief Exec Steps Down
Monday, October 12, 2020Petrofac Limited has announced that Ayman Asfari has decided to retire as the company's group chief executive at the end of the year to focus on his family, health and charitable interests.

Airborne Oil & Gas Changes Name
Sunday, October 11, 2020Airborne Oil & Gas has announced that it has changed its name to Strohm.

Technip Energies Gets New CEO-Elect
Tuesday, October 06, 2020TechnipFMC (NYSE: FTI, PARIS: FTI) has announced that Arnaud Pieton has been named as the new president and chief executive officer-elect of Technip Energies, effective immediately.

Baker Hughes Wins Qatar LNG Order
Wednesday, September 30, 2020Qatar Petroleum has selected Baker Hughes to fulfill a major LNG turbomachinery order for its North Field East project.

$2B North Sea Field Gets Green Light
Monday, September 28, 2020Equinor (NYSE: EQNR) has decided to develop the Breidablikk field in the North Sea.

The North America OFS Landscape is Changing
Monday, September 28, 2020Here is a preview of what to watch this week in the oil and gas markets.

McDermott Picks Up Award
Sunday, September 27, 2020McDermott International Ltd has been recognized by the Singapore Business Review with a Malaysia International Business Award in the engineering category.

Signs Show Possible Onshore Uptick for 2021
Friday, September 25, 2020Rigzone panelists offer their insights on the top oil market hits and misses for the week ending Sept. 25, 2020.

Weatherford Unveils MPD Milestone
Friday, September 25, 2020The service company contends the collaboration is the first of its kind.

Apache Contract Extension Could Be Worth $100MM
Thursday, September 24, 2020Apache Corp. has awarded Archer a four-year contract extension for platform drilling and maintenance services.

Morrison to Decommission Six GOM Structures
Wednesday, September 23, 2020Morrison has won a decommissioning project in the shallow waters of the Gulf of Mexico (GOM).

Proserv Unveils 2 New Facilities
Monday, September 21, 2020Proserv's Controls division has formally unveiled two new 'cutting-edge' center of excellence facilities.

Ex-Senior McDermott Rep Gets Ocean Installer Role
Monday, September 21, 2020Ocean Installer has announced the appointment of Robert Gillespie as the new managing director of Ocean Installer (UK) Ltd.

Permian in for Bright Future and More
Saturday, September 19, 2020Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...