Service Companies & Manufactures

Q1 2017 Earnings Release, with Financial Tables (117 KB PDF) (To view PDF files, get Adobe Acrobat Reader.) Schlumberger Announces First-Quarter 2017 Results Revenue of $6.9 billion decreased 3% sequentially GAAP EPS, including Cameron integration charges of $0.05 per share, was $0.20 EPS, excluding Cameron integration charges, was $0.25 Cash flow from …

TMK, one of the world’s leading producers of tubular products for the oil and gas industry, shipped the first batch of casing pipe with TMK UP MAGNA premium threaded connections and GreenWell lubricant-free coating to LUKOIL. The pipes were successfully sunk at the Y. Kuvykin field in the Caspian Sea with TMK …

Emerson’s Roxar Tempest 8.0 provides risk mitigation, increased field productivity and expanded integration from geosciences to production Emerson Automation Solutions has launched the latest version of its reservoir management software suite – Roxar Tempest™ 8.0 – bringing reservoir engineers more tools to maximize the potential of their fields. The latest version …

Lift IQ service improves well production and artificial lift equipment performance HOUSTON, March 30, 2017—Schlumberger announced today the introduction of the Lift IQ* production life cycle management service, which offers monitoring, diagnostics and optimization of artificial lift systems in real time. This new service securely collects, transmits, evaluates and interprets …

Center offers cutting-edge research, formulation analysis and testing in one location. Schlumberger today announced the opening of a new purpose-built Production Technologies Center of Excellence aimed at solving customers’ global challenges related to oil and gas production chemistry, particularly those encountered in deepwater, heavy oil and other extreme environments. Supporting …

Weatherford and Schlumberger today announced an agreement to create OneStimSM, a joint venture to deliver completions products and services for the development of unconventional resource plays in the United States and Canada land markets. The joint venture will offer one of the broadest multistage completions portfolios in the market combined …

The senior executive of RLG International is pleased to announce the formation of an Executive Advisory Council. Made up of senior executives from upstream and downstream oil and gas, aerospace manufacturing and airlines, this council will serve to advise RLG on product and service to these industries. “We are excited …

New approach resolves problems quicker and increases productivity by improving the interaction between people, information, and operations – first installations show up to 55 percent maintenance reduction and 30 percent reduction in operational expenditures.  ABB introduces a new model for its process industries customers to increase productivity and profitability by …

The international light and compact equipment manufacturer headquartered in Munich managed to keep fiscal 2016 revenue stable despite challenging market conditions. Profitability, however, was impacted by crises in key markets and regions. The company is positive about 2017 and expects revenue and earnings to grow again. At EUR 1.36 billion, …

ABB AbilityTM AssetInsight gathers siloed data collected from equipment, transforming it into valuable information that can be acted upon and shared across the organization. The new ABB AbilityTM AssetInsight gives oil, gas and chemicals decision makers a clearer, real-time picture of the health of their operating equipment via a web …