Service & Supply

3esi-Enersight Acquires Oil, Gas Software Creator Energy Navigator

3esi-Enersight acquired Energy Navigator Inc. creating the largest provider of integrated strategy, planning and reserves solutions for the oil and gas industry.

Jun 27 2017 - 8:55am

Working Over The Oilfield Service Sector

The extended global downturn took the oil and gas service sector below the economic waterline for two long years. As pricing optics improve, executives from two of the world’s largest service providers discuss lessons learned and where we’re going from here.

Jul 1 2017 - 8:27am

Three Companies Merge To Create SolstadFarstad

The Skudeneshavn, Norway-headquartered company, which also has activity in the renewable energy sector, has a fleet of about 150 vessels. Currently, two well vessels and a harvest vessel are under construction.

Jun 23 2017 - 8:13am

Rubicon Strengthens Downhole Completions Portfolio With Acquisition

Rubicon Oilfield International, backed by Warburg Pincus, acquired the assets, people and operating business of Calgary, Alberta-based World Oil Tools for an undisclosed amount.

Jun 22 2017 - 10:55am

Schlumberger Forms JV To Develop Production Optimization System

Schlumberger formed a JV with HEAL Systems, formerly Production Plus Energy Services, to develop the company's production optimization technology and business in the U.S. and Canada.

Jun 20 2017 - 8:05am

Insight: The State Of The Oil, Gas Service Sector

The top three service companies—Schlumberger, Halliburton and Baker Hughes—have all been working to gain better positioning within the market.

Jun 19 2017 - 11:25am

Key Energy Services Sells Fracking And Well Testing Assets To Covenant

The deal with Covenant Testing Technologies divests a noncore asset while helping boost Key’s liquidity above $100 million.

Jun 16 2017 - 11:55am

Halliburton Appoints Christopher Weber As CFO

Christopher (Chris) Weber was named executive vice president and CFO at Halliburton Co., effective June 22.

Jun 13 2017 - 9:24am

Baker Hughes, GE Reach Agreement With DOJ To Complete Merger

General Electric Co. won U.S. antitrust approval to merge its oil and gas business with Baker Hughes Inc. to form a new publicly traded company, the Justice Department said on June 12.

Jun 12 2017 - 4:34pm

Leadership Team Revealed For New Baker Hughes

GE Oil & Gas boss Lorenzo Simonelli will head the new Baker Hughes as president and CEO. Martin Craighead, currently chairman and CEO at Baker Hughes, will serve as the board's vice chairman.

Jun 6 2017 - 7:55am