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The acquisition plan supplants earlier merger agreement with new terms and a potential faster timeline for the combination.
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At the company’s annual conference, leaders from its Automations Solutions business laid out a three-pronged effort to improve automation architecture—intelligent fields, the edge, and the cloud.
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A leaner and wiser Weatherford seeks new Middle East contracts while growing margins and market share on existing business.
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Data from member companies reveals an increased intensity in greenhouse-gas emissions for 2021. And, while flaring increased, too, long-term trends on that practice are clearly moving downward.
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Built to help scientists understand how dust affects climate, the Earth Surface Mineral Dust Source Investigation can also pinpoint emissions of the potent greenhouse gas.
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The two new facilities are expected to increase Saudi Arabia’s total annual offshore fabrication capacity to 100,000 mt.
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The US supermajor has made more than 30 discoveries offshore the South American country since exploration efforts began in 2015.
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The 2-day conference features over 150 speakers from more than 30 countries.
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Investors say they value a company’s data on sustainability almost as much as they value its financial data. They need to be able to trust it as much, too.
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The company says its methane intensity has gone down by more than 50% since 2016.
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A panel discussion at Canada’s Safest Employers Awards centered on climate change as one of the top risk factors safety experts need to prepare for as they help guide their organizations into an uncertain future.
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Initial facilities along the Sabine River in Texas will be capable of producing up to 13.5 mtpa of LNG.
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