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Oilfield Services
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Halliburton Reports Strong Q3 2024 Results, Beats Earnings Estimates
Halliburton posted Q3 revenue of $5.7 billion, up 8% year-over-year, driven by strong international drilling activity and North America recovery.
Read full articleSLB Expands Digital Platform with New AI-Powered Drilling Optimization Tools
Schlumberger launches AI-driven drilling software to reduce operational costs by up to 15% and improve well placement accuracy.
Read full articleBaker Hughes Wins $800M Contract for Saudi Aramco Gas Expansion Project
Baker Hughes secured major equipment and services contract for Saudi Aramco's Jafurah unconventional gas field development.
Read full articleWeatherford Announces Strategic Acquisition of Drilling Technology Firm
Weatherford International acquires PetroTech Solutions for $450 million to expand its automated drilling capabilities.
Read full articleUS Rig Count Rises for Third Consecutive Week as Oil Prices Stabilize
Baker Hughes reports US rig count increased by 12 to 623, with oil rigs up 10 and gas rigs up 2, signaling renewed drilling activity.
Read full articleNOV Launches New Automated Pipe Handling System for Offshore Drilling
National Oilwell Varco unveils robotic pipe handling technology reducing crew exposure and improving operational efficiency by 30%.
Read full articleTechnipFMC Secures $1.2B Subsea Contract in Gulf of Mexico
TechnipFMC awarded major integrated EPCI contract by BP for Mad Dog Phase 2 expansion project in deepwater Gulf of Mexico.
Read full articleLiberty Energy Reports Surge in Frac Fleet Utilization Amid Permian Boom
Liberty Energy sees 95% fleet utilization in Q3 2024, driven by increased completion activity in Permian Basin and Haynesville Shale.
Read full articleHalliburton Reports Strong Q3 2024 Results, Beats Earnings Estimates
Halliburton posted Q3 revenue of $5.7 billion, up 8% year-over-year, driven by strong international drilling activity and North America recovery.
Read full articleSLB Expands Digital Platform with New AI-Powered Drilling Optimization Tools
Schlumberger launches AI-driven drilling software to reduce operational costs by up to 15% and improve well placement accuracy.
Read full articleBaker Hughes Wins $800M Contract for Saudi Aramco Gas Expansion Project
Baker Hughes secured major equipment and services contract for Saudi Aramco's Jafurah unconventional gas field development.
Read full articleWeatherford Announces Strategic Acquisition of Drilling Technology Firm
Weatherford International acquires PetroTech Solutions for $450 million to expand its automated drilling capabilities.
Read full articleUS Rig Count Rises for Third Consecutive Week as Oil Prices Stabilize
Baker Hughes reports US rig count increased by 12 to 623, with oil rigs up 10 and gas rigs up 2, signaling renewed drilling activity.
Read full articleNOV Launches New Automated Pipe Handling System for Offshore Drilling
National Oilwell Varco unveils robotic pipe handling technology reducing crew exposure and improving operational efficiency by 30%.
Read full articleTechnipFMC Secures $1.2B Subsea Contract in Gulf of Mexico
TechnipFMC awarded major integrated EPCI contract by BP for Mad Dog Phase 2 expansion project in deepwater Gulf of Mexico.
Read full articleLiberty Energy Reports Surge in Frac Fleet Utilization Amid Permian Boom
Liberty Energy sees 95% fleet utilization in Q3 2024, driven by increased completion activity in Permian Basin and Haynesville Shale.
Read full articleStay ahead of Oilfield Services in 3 minutes a day.
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