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In January 2018, Schlumberger CEO Paal Kibsgaard announced that Schlumberger would be exiting the seismic data acquisition business, both onshore and offshore, while retaining its multiclient data processing and interpretation segments. This decision followed the bankruptcy filings of several competitors in the seismic services sector.
Dresser Industries was a multinational corporation headquartered in Dallas, Texas, United States, which provided a wide range of technology, products, and services used for developing energy and natural resources.
Oilfield terminology refers to the jargon used by those working in fields within and related to the upstream segment of the petroleum industry. It includes words and phrases describing professions, equipment, and procedures specific to the industry. It may also include slang terms used by oilfield workers to describe the same.
CNOOC Engineering's share price on the Shanghai Stock Exchange rose by 66.11 percent, and the market capitalization of China Oilfield Services reached RMB10.1 billion. At the end of 2004 market capitalization of the three subsidiaries had approached RMB200 billion, 3.3 times their net assets.
Oilfield Services: Founded: 1958: ... Geoservices had approximately 5000 employees in 52 countries when it was acquired by Schlumberger Limited for $1.07 billion ...
Schlumberger Oilfield Services first started operations in early 2006. After favorable results, the Vancouver based 'Junior oil' and International 'Sovereign Energy Corp'. Oil and gas exploration companies signed a memorandum of agreement with the Oil and Gas Development Company Limited , Pakistan's national oil company, in mid-2005, to develop ...
The oil and gas industry is usually divided into three major sectors: upstream (or exploration and production - E&P), midstream and downstream. [1] [2] The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the ...
TechnipFMC plc (/ ˈ t ɛ k n iː p ɛ f ɛ m s iː / Tek-NEEP-ef-em-see) is a French-American, UK-domiciled global oil and gas company that provides services for the energy industry. The company was formed by the merger of FMC Technologies of the United States and Technip of France [1] that was announced in 2016 and completed in 2017.