Service & Supply
Schlumberger rips off Band-Aid with $12.7 billion writedown
Monday, October 21, 2019, 7:10 AM MDT
Wall Street guessed that writedowns from Schlumberger Ltd. were coming, but some analysts were taken aback by the sheer size…
Baker Hughes goes green, literally, as it becomes independent of GE
Friday, October 11, 2019, 7:16 AM MDT
The rhetorical question of whether a leopard can change its spots may now apply to one of the largest oilfield…
Halliburton cuts workforce in U.S. Rockies on lower activity
Thursday, October 10, 2019, 7:07 AM MDT
Halliburton Co. is reducing its workforce in the Rockies as the biggest oilfield service contractor to announce job cuts grapples…
Canadian drilling activity at more than 25-year low: Peters & Co.
Wednesday, October 9, 2019, 7:26 AM MDT
Drilling activity in Western Canada is currently depressed at historic levels, according to a new report from Peters & Co.…
Alberta moves to create $1B Indigenous Opportunities Corporation
Wednesday, October 9, 2019, 7:25 AM MDT
EDMONTON — The Alberta government has introduced legislation to set up a new Crown corporation to help Indigenous groups invest…
Pason Systems, Werklund invest $35MM in completions tech firm Intelligent Wellhead Systems
Wednesday, October 9, 2019, 7:22 AM MDT
Drilling data management provider Pason Systems is investing $25 million to acquire a minority interest in completions technology company Intelligent…
Oil and gas could save $100 billion through automation and digitalization: Rystad
Wednesday, October 9, 2019, 7:15 AM MDT
A new study by Rystad Energy estimates that as much as $100 billion can be eliminated from upstream oil and…
Attend the energy industry's premier event - Energy Person Of The Year - October 9
Friday, October 4, 2019, 10:06 AM MDT
Join the Energy Council of Canada to honour Mayor Lori Ackerman of Fort St. John, British Columbia as Canadian Energy…
Energy and Mining divisions merge to create Glacier RIG Ltd.
Tuesday, October 1, 2019, 2:15 PM MDT
Vancouver, B.C. – Glacier Media Group’s energy and mining divisions are merging to create a new group focused on innovative…
Boom goes bust: Texas oil industry hurt by plunging oil prices
Friday, September 27, 2019, 7:14 AM MDT
How bad are things in the Permian basin? You can actually book a hotel room in Midland, Texas, at a…
Fluor selling government unit, construction equipment rental company following strategic review
Thursday, September 26, 2019, 7:23 AM MDT
Fluor has completed the strategic review process it commenced during the second quarter, concluding that the sale of two of…
AI and machine learning hold great promise for addressing today's energy challenges
Tuesday, September 24, 2019, 2:32 PM MDT
You can Google almost anything in today’s world, but can you use the same kind of machine learning and artificial…
