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…

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​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…

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​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…

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​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.…

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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…

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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…

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​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…

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​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…

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​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…

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​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…

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​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…

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​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…

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