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HomeSchlumberger

Schlumberger

oilfield services
News

Oilfield services firms see tough Q3 despite higher oil prices

October 17, 2018 Energi Staff

Wall Street is trimming third quarter forecasts for oilfield services companies who are struggling as oil companies continue to pressure their suppliers to reign in costs.  Anadarko photo. Oilfield services companies showing weakness in well completions [Read more]

Permian pipeline
USA

Permian pipeline constraints to slow growth: Schlumberger CEO

September 4, 2018 Energi Staff

The CEO of Schlumberger told an audience at a Barclays conference in New York on Tuesday that Permian pipeline bottlenecks will likely slow growth in oil production and investments in the area.  San Antonio Express-News photo [Read more]

Baker Hughes
Financial

Schlumberger, Baker Hughes miss Q2 earnings forecasts

July 23, 2018 Energi Staff

Two oilfield service giants, Schlumberger and Baker Hughes did not meet second quarter revenue forecasts as slow international growth overshadowed record US crude production.  Company photo. Baker Hughes total Q2 revenue $5.55 billion Schlumberger and [Read more]

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In the Spotlight

Smith’s panel on Alberta’s energy future is a bad joke

by Markham Hislop in Markham on Energy

“A new advisory panel will develop a long-term vision for Alberta’s energy future and recommend steps the province should take to ensure the industry [emphasis added] continues to thrive for decades to come.” Premier Danielle [Read more]

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