While the adoption of augmented reality (AR) in the oil and gas industry is in the introductory phase, this evolving technology has the potential to disrupt the traditional operational functions in the sector over the […]
Borr Drilling Limited has announced the appointment of Christoph Bausch as its new Chief Financial Officer, replacing Francis Millet with effect from 1 November 2020. Patrick Schorn, Chief Executive Officer, comments, “I am pleased to […]
Schlumberger, IBM and Red Hat, have announced a major collaboration to accelerate digital transformation across the oil and gas industry. The joint initiative will provide global access to Schlumberger’s exploration and production (E&P) cloud-based environment […]
Liberty Oilfield Services Inc. and Schlumberger have announced an agreement for the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada (OneStim®), including its pressure pumping, pumpdown perforating, and Permian frac […]
Sparrows Group has appointed Ali Hassan Al-Kharari as the company’s first Saudi Arabia General Manager in response to growing business demand in the Kingdom. Al-Kharari brings more than 20 years’ oil and gas experience to […]
Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) have announced that they have entered into an agreement to create STEP Energy, a geothermal project development company. STEP Energy will leverage its […]
The oil market turmoil brought on by COVID-19 has led to lower-than-anticipated activity and delayed projects, forcing the industry to deploy cost-cutting measures. A Rystad Energy analysis of the top 50 oilfield service (OFS) firms […]
Abrado, industry specialists in the surgical removal of multiple casing sections downhole, has appointed Jason Broussard as President and CEO. He will be based at the company’s office in Broussard, Louisiana. With a global remit, […]
Cloud computing allows oil and gas companies to scale their data management and storage, driving greater flexibility in infrastructure costs. The high computing power delivered via cloud platforms supports the adoption of other technologies such […]
Subsea technology has drastically improved in the last two decades in terms of functionality and reliability, with notable strides made in areas such as subsea processing, subsea storage, subsea-to-shore and power distribution. This has enabled […]
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