Schlumberger
Kuwait Key Projects and Business Highlights Kuwait holds the sixth largest reserves of conventional crude oil and rank among the top 10 producing countries in the world attracting all the engineering and services companies such as Bechtel, Halliburton, Schlumberger, Fluor, Foster Wheeler, WorleyParsons, Daelim Industrial. Until 2008, the crude oil production in Kuwait was regularly increasing […]
Argentina Key Projects and Business Highlights Argentina is one these countries with oil and gas reserves among the largest in the world but have hard to stand self-sufficient in energy. Since 2007, the export tax scheme for oil and gas was conceived primarily to allocate the local production to the domestic market before exporting elsewhere. In doing […]
Rosneft’s Neftegaz signed farm-in agreement with ExxonMobil in Gulf of Mexico deepwater The first week of March gave the opportunity to Rosneft to unveil its objective to go global in multiplying strategic partnerships with leading companies such as ExxonMobil. On March 6th 2013, Rosneft‘s subsidiary Neftegaz America Shelf LP (Nefetgaz) signed with ExxonMobil a Farm-in Agreement […]
Russia Key Projects and Business Highlights In 2012, the newly elected President Putin managed to re-shape its oil and gas and petrochemical industry with number of strategic decisions to ensure that Russia will remain the largest producer of oil and gas in the coming years. President Putin based its economic program for the next five years […]
UK to lead shale gas exploration in Europe On December 13th, 2012, the UK Government lifted the ban on exploration and production of shale gas with the expectation to develop a dedicated industry upstream and downstream that could create 42,000 permanent jobs. This ban had been decided in 2011 after small earthquakes had been recognized […]
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 […]
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 […]
