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Schlumberger. Schlumberger NV ( French: [ʃlumbɛʁʒe, ʃlœ̃b-] ), doing business as SLB, also known as Schlumberger Limited, [2] is an American oilfield services company. [3] [4] As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.
2004 Khobar Massacre. On 29 May 2004, a Saturday, four men armed with guns and bombs attacked two oil industry installations and a residential compound, in Al-Khobar, Saudi Arabia —the hub of the Saudi oil industry. [1] Over approximately 25 hours, the gunmen, describing themselves as members of "The Jerusalem Squadron" or "Jerusalem Brigade ...
The King Abdullah Petroleum Studies and Research Center (KAPSARC) is an advisory think tank specializing in energy economics, climate, and sustainability that seeks to advance Saudi Arabia’s energy sector and inform global policies through evidence-based advice and applied research. [1] It is located in Riyadh, Saudi Arabia.
Convention-goers view a model of King Salman Park—one of the $1.4 trillion worth of oil-funded construction projects underway in Saudi Arabia.
1980s oil glut. The 1980s oil glut was a significant surplus of crude oil caused by falling demand following the 1970s energy crisis. The world price of oil had peaked in 1980 at over US$35 per barrel (equivalent to $129 per barrel in 2023 dollars, when adjusted for inflation); it fell in 1986 from $27 to below $10 ($75 to $28 in 2023 dollars).
This list displays both of the two Saudi companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2018. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process ...
Website. aramco.com. Saudi Aramco ( Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah ), officially the Saudi Arabian Oil Group or simply Aramco (formerly Arabian-American Oil Company ), is a state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia.
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