Exploration & Production
Schlumberger and Baker Hugues to lead exploration When Repsol-YPF discovered in 2011 the potential reserves of the Vaca Muerta in tight oil and Los Toldos and Totoral permits, it sent the signal to all the 50 companies having licenses in Argentina to drill more and to take their chance at the benefits of Schlumberger and Baker […]
To Find Oil, You Have to Drill Established in 1926, Schlumberger Limited (Schlumberger) has become since that time the world market leader of the oilfield services with more than 115,000 employees working in approximately 85 countries, listed in New York, Paris, London, Amsterdam and Switzerland Stock Exchanges. Based in Houston, Texas, USA, Schlumberger provides oil and […]
Fluor selected for Shell downstream projects in EMEA On November 2nd, 2012, Shell and the US Fluor Corporation (Fluor) signed a 5 years enterprise framework agreement for engineering and management services. On November 15th, 2012, it was the turn of the Paris-based Technip to ink with Shell Global Solutions a similar 5 years frame agreement. […]
Fluor takes on the toughest challenges Founded in 1912 in Santa Ana, California, as a construction company, Fluor became in 100 years one of the oldest and largest engineering company in the world. For its 100th anniversary, Fluor is engaged in more than 1,000 different projects in the world with its 43,000 employees. Fluor maintains […]
Cameron and Schlumberger go for integrated solutions Cameron and the leading oilfields services company Schlumberger have decided to create OneSubsea as a joint venture to merge their subsea activities in the oil and gas sector. Through OneSubsea, Cameron and Schlumberger intend to develop and manufacture new dedicated products, systems and services for the subsea applications. Headquartered […]
ONGC and ConocoPhillips closed deal on $5 billion November 26th, 2012, ConocoPhillips and the Indian national OIL and Natural Gas Corporation Videsh Ltd (ONGC) have agreed on a transfer of interests in the North Caspian Production Sharing Agreement (NCPSA). Signed on the base of $5 billion in cash, the deal opens ONGC the access to […]
Global engineering and construction contractor and power equipment supplier Foster Wheeler had its headquarter in New York City, New Jersey, USA, until 2007 to relocate it in Geneva in Switzerland since then as Foster Wheeler AG (Foster Wheeler).The actual Foster Wheeler company was established in 1927 as the result of the merger between the Power […]
Engineering Solutions…Delivering Results Established in Chicago, Illinois, USA, in 1889 as a bridges construction company, Chicago Bridge & Iron (CB&I) moved into liquid storage structures with the development of the steam railways at the beginning of the 20th century in USA, South America and Middle East. CB&I made decisive move into the oil and gas […]
