In line with leading global companies, ERIELL welcomes its responsibility to ‘society’ during the global pandemic as part of best practice ESG behaviour
OFS
Posted inProducts & Services
Trio of oil and gas players unite to launch new Coretrax
Global well integrity and production optimisation leader set to disrupt the market
Posted inProducts & Services
At least one million OFS jobs likely to be cut due to coronavirus: Rystad
With the ongoing coronavirus pandemic and crash in oil price, oilfield services will be hugely impacted, according to a report by Rystad Energy
Posted inProducts & Services
More than 200 OFS firms in Europe could go bankrupt as coronavirus slashes $5 billion off the market: Rystad
The European service market, which was expected to stay largely flat this year from the 2019 level of $47 billion in our pre-coronavirus estimates, is now facing a number of hurdles because of the outbreak
Posted inExploration
OFS companies prepare as price war could cut $250 billion off E&P budgets
Rystad Energy says that the total capital and operation expenditure of upstream companies could be cut by $100 billion in 2020 and another $150 billion in 2021
Posted inProducts & Services
Plexus sealing systems gets extreme temperature verification
Millions of pounds spent in wellhead intervention could be a thing of the past, extreme tests on Aberdeen-developed technology reveal
Posted inProducts & Services
Increasing emphasis placed on asset management in oil and gas operations, says GlobalData
It can help enhance operational efficiencies for oil and gas companies, according to the company’s report
Posted inProducts & Services
Halliburton breakthrough could replicate US shale revolution in the Middle East
Ahmed Kenawi, senior vice president of the Middle East and North Africa for Halliburton, said that a recent breakthrough with local sand could reduce costs by 30% for a regional operator, and tests are ongoing for the use of saltwater in unconventional hydrocarbon production.
Posted inProducts & Services
Baker Hughes’ VP of engineering and technology on the company’s rebranding
John Kerr, Baker Hughes’ vice president of engineering and technology for its oilfield equipment division, answered questions about the company’s rebrand at ADIPEC.
Posted inProducts & Services
Saudi Aramco and ADNOC boost global oil and gas contracts activity in Q3
Contracts worth $44.4bn were awarded in the Middle East during Q3 2019