Global energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits that are being squeezed by overcapacity in the North American market.
Schlumberger, Halliburton and Baker H
Halliburton's net income for the fourth quarter declined 26 per cent on pricing pressures in the North American market and one-time charges from the Deepwater Horizon disaster, as well as acquisitions.
Yet adjusted results bea
Halliburton said that it has been awarded a contract by ExxonMobil Iraq to provide drilling services for 15 wells in the West Qurna oil field in southern Iraq.
Halliburton will provide a complete range of construction services using three
US-based Halliburton, the global oil services company, has been awarded a contract by Eni to provide a range of integrated energy services toward the redevelopment of the Zubair field in southern Iraq.
Work for the multi-million dollar con
Iraq, along with oil major Royal Dutch Shell and Malaysia's Petronas have awarded a contract to Halliburton Co to drill 15 oil wells in the supergiant Majnoon oilfield, an oil official said on Monday.
Oil and gas service
Halliburton has named Abdallah S Jum’ah, former president and chief executive officer of Saudi Aramco, to the company’s board of directors, effective July 14.
“Abdallah Jum’ah brings tremendous global knowledge and industry wisdom to our b
Halliburton, one of the largest energy services provider, has entered into a definitive merger deal to acquire all of the outstanding stock of Boots & Coots, a key player in intervention services and pressure control business.
Major oilfield service companies including Halliburton Company and Baker Hughes have submitted bids for drilling and other work worth $300 million at the Khafji field that Saudi Arabia shares with Kuwait, industry sources said on Monday.
Halliburton was awarded a broad five-year oilfield service contract by Saudi Aramco to develop wells in the South Ghawar field, the world's largest oilfield, the company has said.
Halliburton did not release financial terms of the deal
Landmark, a brand of Halliburton has launched GeoGraphix Discovery 3D software, an innovative 3D visualization offering based on next-generation Microsoft graphics and gaming technology.
The software is one of the first oil and gas solutio