Aker BP, Schlumberger, Stimwell Form New Well Intervention and Stimulation Alliance

October 30, 2019

Aker BP, Schlumberger and Stimwell Services have signed 5+5 year tripartite agreement to establish Well Intervention and Stimulation Alliance to accelerate and boost oil production. The agreement was...

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Schlumberger Takes Major Impairments Hit

October 18, 2019

Schlumberger has seen red in the third quarter 2019 on major impairments on goodwill and assets. The oilfield services giant recognized Q3 2019 loss of close to $11.4 billion, or $8.22 per share, on...

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Schlumberger, Chevron and Microsoft Team Up on Energy AI

September 20, 2019

Schlumberger, Chevron and Microsoft have announced the industry’s first three-party collaboration to accelerate creation of innovative petrotechnical and digital technologies. As part of the...

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Schlumberger, IHS Markit in GAIA Strategic Collaboration

September 13, 2019

Schlumberger has established a strategic collaboration between WesternGeco, the company’s seismic and geophysical data solutions division, and IHS Markit, a provider of critical information,...

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Schlumberger Intros HD Dual-Imaging for Oil-Based Mud

September 04, 2019

Schlumberger has introduced the TerraSphere high-definition dual-imaging-while-drilling service. The new service provides the industry’s first application of a logging-while-drilling dual-physics...

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Schlumberger Open-Sources Its Data Ecosystem

August 23, 2019

Schlumberger announced that it will open source its data ecosystem and contribute to The Open Group Open Subsurface Data Universe (OSDU) Forum to accelerate the delivery of the OSDU Data Platform....

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New CEO for Schlumberger

July 22, 2019

Schlumberger has appointed Olivier Le Peuch as its new chief executive officer and member of the Schlumberger board, effective August 1, 2019. In his 32 years with Schlumberger, Le Peuch has held a...

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TGS and Schlumberger Team Up on Gulf of Mexico OBS Surveys

May 22, 2019

TGS and Schlumberger have partnered on multiclient ocean-bottom node projects in the deepwater U.S. Gulf of Mexico. This collaboration includes the previously-announced 2,350 km2 Amendment Phase 1...

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Schlumberger Profit Slips 20 Percent

April 18, 2019

Schlumberger has seen its quarterly profit fall some 20 per cent against last years Q1 result despite relatively flat revenue. The oilfield services giant generated Q1 2019 profit of $421 million,...

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Schlumberger Names Chief Operating Officer

February 08, 2019

Schlumberger has appointed Olivier Le Peuch as chief operating officer, effective immediately. Reporting to Paal Kibsgaard, chairman and chief executive officer, Le Peuch will be responsible for the...

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Schlumberger Posts $1.53 Full-Year EPS

January 21, 2019

Schlumberger has bounced back in black in the fourth quarter of 2018, against last year’s Q4 loss of $2.25 billion that was booked following restructuring and asset writedown charges. The...

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Highlights of the Week

December 22, 2018

Subsea World News has put together a recap of the most interesting articles from the previous week (December 17 – December 23). Equinor Starts Up Deepest Field on Norwegian Continental Shelf Saipem...

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Subsea 7 Scoops BP Contract for Manuel Project in GoM

December 21, 2018

Subsea 7 has won a SURF (subsea umbilicals, risers and flowlines) contract by BP for the Manuel project in the US Gulf of Mexico. Project execution will be delivered by Subsea Integration Alliance...

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Schlumberger to Deliver Subsea Boosting System for Vigdis Field

December 19, 2018

OneSubsea, a Schlumberger company, has secured an engineering, procurement and construction (EPC) contract from Equinor for the supply of the all-electric actuated subsea boosting system for the...

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OneSubsea – Subsea 7 Alliance Gets SNE FEED Job Off Senegal

December 17, 2018

The Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture has agreed to begin front-end engineering design (FEED) activities following the award of the subsea FEED...

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Equinor Awards Wired Drill Pipe Contracts to NOV and Schlumberger

December 05, 2018

Equinor is stepping up its use of wired drill pipe to acquire subsurface real-time data during drilling operations, in line with the corporate digitization strategy and to prepare for automated...

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Shearwater Adds Schlumberger’s Offshore Seismic Unit

November 15, 2018

Shearwater GeoServices has completed the acquisition of the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger. The transaction was...

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TGS and Schlumberger in New GoM Nodal Seismic Project

October 12, 2018

TGS and Schlumberger have announced a new multi-client nodal seismic project in the U.S. Gulf of Mexico. The project, named “Amendment”, will comprise acquisition of a 2,350 km2...

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Schlumberger Rolls Out New MEMS Gyro Surveying Service

August 29, 2018

Schlumberger has introduced the GyroSphere MEMS gyro-while-drilling service at Offshore Northern Seas (ONS). The GyroSphere service responds to the needs of E&P companies for a faster and more...

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Schlumberger Sells WesternGeco to Shearwater

August 22, 2018

Shearwater GeoServices has entered into a definitive agreement to acquire the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger....

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2H Offshore Delivers CSP Project Offshore Bahrain

July 30, 2018

2H Offshore, riser and conductor specialists in subsea services group, Acteon, has completed the installation of a retrofit conductor supported platform (CSP). This enabled a successful appraisal...

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Schlumberger Posts $0.31 EPS

July 23, 2018

Schlumberger has bounced back in black in the second quarter of 2018. The oilfield services giant generated profit of $430 million, or 31 cents per share, on revenue of $8.3 billion, versus loss of...

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Acoustic Data Appoints Ex Schlumberger Executive as Chairman

April 26, 2018

Acoustic Data has appointed Mike Mannering, a former Schlumberger executive, as a chairman of the board. With over 40 years of industry experience, Mannering has previously held senior corporate...

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Schlumberger Profit Hikes 88 Pct

April 20, 2018

Schlumberger has seen its net income jump 88 percent in the first quarter of 2018. The oilfield services giant generated profit of $525 million, or 38 cents per share, on revenue of $7.28 billion,...

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