SLB
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Schlumberger plans to restructure by focusing on basins and divisions in line with customers’ E&P workflows.
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Halliburton and Schlumberger write-off billions in asset value and signal that more job cuts are coming during the second quarter.
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The company's North American business will accelerate a restructuring that includes job cuts and furloughs over the next couple of months.
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Immersive technology on projects such as wellsite planning incorporates XR, drones, and collaboration.
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Egypt Upstream Gateway, a national project for digitizing subsurface information and delivering a digital subsurface platform, will build on Schlumberger’s GAIA digital subsurface platform.
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The two oilfield service leaders serve as critical bellwethers for the health of North America’s upstream sector, which is under pressure to consolidate and generate free cash flow.
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The most read stories reflect interest in the digital transformation, the energy transition, and shale operations.
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Schlumberger and Dataiku have entered into an exclusive technology partnership that will enable companies in the exploration and production industry to build and deploy their own artificial intelligence solutions across the full breadth of their upstream work flows.
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Through collaboration, innovative technologies, and digitization, the newly formed alliance hopes to transform conventional intervention operations with clear targets of propelling hydrocarbon production on new and existing assets on the Norwegian continental shelf.
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The two largest oilfield services firms grapple with a worsening North American land market.