Schlumberger Archives - Energy Analytics Institute (EAI)

Schlumberger Becomes SLB, a Technology Company

(Schlumberger, 24.Oct.2022) — Schlumberger (NYSE: SLB) announced its new name—SLB—underscoring the company’s vision for a decarbonized energy future and affirming its transformation from the world’s […]

Schlumberger Reveals 3Q:22 Operating, Financial Results

(Schlumberger, 21.Oct.2022) — Schlumberger Limited (NYSE: SLB) announced results for the third-quarter 2022. ____________________

Schlumberger and RTI to Accelerate Carbon Capture Technology

(Schlumberger, 17.Oct.2022) — Schlumberger entered into an agreement with RTI International, a nonprofit research institute, to accelerate the industrialization and scale-up of its proprietary non-aqueous […]

Schlumberger, Aker Solutions and Subsea 7 Create Joint Venture

(Schlumberger, 30.Aug.2022) — Schlumberger, Aker Solutions and Subsea 7 announced an agreement to form a joint venture to drive innovation and efficiency in subsea production […]

CGG, PGS and TGS Announce Schlumberger Joining Versal

(CGG, 29.Aug.2022) — CGG, PGS and TGS, industry leaders of multi-client geoscience data, announce that Schlumberger has become a part of Versal, increasing its coverage […]

Schlumberger Announces 2Q:22 Results

(Schlumberger, 22.Jul.2022) — Schlumberger Limited (NYSE: SLB) announced results for the second-quarter 2022. Schlumberger CEO Olivier Le Peuch commented, “The second quarter marked a significant […]

US Oil Services Firms Join Push for Revamped Venezuela License

(Reuters, 21.Apr.2022) — Some U.S. oilfield firms whose Venezuelan operations were frozen by sanctions are joining an appeal to Washington for authorizations to restart oil […]

NRGBriefs: Nucor Corp. Declares Regular Quarterly Cash Dividend

(Energy Analytics Institute, 22.Feb.2022) — Energy briefs including the BODs of Nucor Corporation (NYSE: NUE) declaring the regular quarterly cash dividend of $0.50/shr on Nucor’s common stock; […]

TGS Reveals New 3D Multi-Client In Egyptian Red Sea

(TGS, 29.Oct.2021) — TGS, a global provider of energy data and intelligence, announced a new 3D seismic survey in the Red Sea, Egypt, in partnership […]

LatAm Briefs: EP PetroEcuador Tenders, Ofac License Extension To Chevron

(Energy Analytics Institute, 2.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: EP PetroEcuador generating $768mn thru ten tenders of Oriente and […]

LatAm Briefs: Ofac Venezuela, SEOGS2021 Kicks Off, Net Zero Summit

(Energy Analytics Institute, 1.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Ofac extending Chevron’s operating license in Venezuela; Microsoft founder, Bill […]

Equinor Awards Bacalhau Drilling Contracts

(Equinor, 10.Nov.2020) — Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil, awarded Baker Hughes, Halliburton and Schlumberger contracts for drilling and well […]

Oil Industry Frets Recruiting Next Generation Of Workers

(WSJ, 18.Aug.2020) — A growing distaste for the oil business among potential young employees, combined with the economic crisis of the pandemic, could make it […]

Chevron In Effect Barred From Venezuela

(Bloomberg, 21.Apr.2020) — Chevron Corp. will be forced to effectively wind down its operations in Venezuela, dealing the Maduro regime’s crumbling oil industry another blow […]

Trump Tells Chevron To “Wind Down” In Venezuela

(AP, 21.Apr.2020) — The Trump administration on Tuesday ordered Chevron Corp. to “wind down” operations in Venezuela by Dec. 1, barring the California-based oil giant […]

US Reviews Need For Venezuela Waivers: Update

(Argus, 16.Apr.2020) — The US is rethinking the premise behind its earlier decision to allow Chevron and other US and international firms to continue their […]

Armando Zamora To Head Colombia ANH

(ANH, 12.Mar.2020) — Colombia’s National Hydrocarbon Agency or ANH announced appointment of Armando Zamora Reyes as its new president, replacing Luis Miguel Morelli. Zamora, a […]

Equinor Strengthens Presence In Vaca Muerta

(Equinor, 31.Jan.2020) — Equinor and its partner Shell have completed a joint acquisition of the 49% interest held by Schlumberger in the Bandurria Sur onshore […]

Schlumberger Completes Sale Of Bandurria Sur

(Schlumberger, 31.Jan.2020) — Schlumberger announced today that it has completed the sale of its 49% interest in the Bandurria Sur Block in Neuquén, Argentina to […]

Equinor Awards FEED Contract For Bacalhau Field

(Schlumberger, 30.Jan.2020) — Schlumberger announced an award to Subsea Integration Alliance of an exclusive contract by Equinor for the front-end engineering design (FEED) on its […]

YPF Deepens Partnership With Equinor And Shell

(Energy Analytics Institute, Aaron Simonsky, 31.Jan.2020) — The presidents of YPF, and European companies Equinor and Shell meet to discuss the scope of signed agreements […]

Chevron Gets 4th Reprieve From Venezuela Sanctions

(Argus, 17.Jan.2020) — Washington will allow Chevron and four US oil field service providers to continue operating in Venezuela until 22 April by granting a […]

Guaido Survival Likely To Buy Chevron More Time

(Argus, 7.Jan.2020) — The White House appears likely to extend a waiver for Chevron to operate in Venezuela after US-backed opposition leader Juan Guaido overcame […]

US Considering More Venezuela Sanctions

(S&P Global Platts, 6.Jan.2020) — The US may respond to escalating political disarray in Venezuela by allowing a sanctions waiver for Chevron and four US […]

Unpaid Bills Add To Pemex Woes

(Bloomberg, Amy Stillman, Peter Millard and Justin Villamil, 26.Nov.2019) — Companies that help keep Mexico’s faltering oil wells operating are waiting months to get paid […]

Venezuelan Oil Output Could Be Halved Without Chevron Waiver

(S&P Global Platts, Brian Scheid, 14.Oct.2019) — Venezuelan oil production, already averaging a historic low near 600,000 b/d, could quickly plummet below 300,000 b/d if […]

Energy Cos Caught In Spat Over Venezuela Sanctions

(Chron, Sergio Chapa, 7.Oct.2019) — Frequent power outages, theft of equipment, a political tug-of-war and billions of dollars in losses would seem to signal to […]

Chevron To Keep Drilling In Venezuela Despite Sanctions

(Reuters, 26.Jul.2019) — The administration of United States President Donald Trump said on Friday that it has renewed Chevron Corp’s licence to drill for oil […]

Chevron Call To Chart Venezuela Sanctions

(Argus, 25.Jul.2019) — A US government decision over Chevron’s expiring license to work in Venezuela is the first test of its willingness to ease sanctions […]

YPF Targets Increasing Production At La Amarga Chica And Loma Campana

(Energy Analytics Institute, Aaron Simonsky, 23.May.2019) — YPF plans to conduct two lateral drilling operations near 4,000 meters and carry out some 80 staged fractures […]

Shell’s STEM Path To The Future

(Trinidad and Tobago News Day, Melanie Waithe, 11.Apr.2019) — Ever took a walk on the bottom of the sea, to see how natural gas is […]

Argentina Can’t Afford To Pay Vaca Muerta Subsidies To Producers

Factbox – U.S. Energy Companies Respond To Sanctions On PDVSA

PDVSA Installs Two Heavy Oil Desalters

(Energy Analytics Institute, Ian Silverman, 5.Jul.2018) – The land transfer of two from Bolívar to Anzoátegui states, for oil crude desalination has successfully been completed. […]

Vaca Muerta Megaproject – A Fracking Carbon Bomb In Patagonia

(Observatorio Petrolero Sur, 5.Feb.2018) — Vaca Muerta is a leading case for the next generation of fossil fuels. Big Oil and Gas companies are keen […]

YPF And Schlumberger Ink Bandurria Sur JV Deal

(Schlumberger, 12.Apr.2017) — Schlumberger President of Operations, Patrick Schorn, and YPF Chairman, Miguel Ángel Gutiérrez, signed an agreement to start a shale oil pilot project […]

PDVSA and Schlumberger Discuss Business Relations

(PDVSA, 22.Feb.2017) – On February 21, 2017, Schlumberger CEO Paal Kibsgaard, visited the headquarters of Petróleos de Venezuela S.A. (PDVSA) to hold a meeting with […]

Schlumberger Rigs to Operate Under Different Scheme

(Energy Analytics Institute, Jared Yamin, 11.Jun.2016) — Schlumberger’s fourteen drilling rigs in Venezuela will soon commence to operate under a different financial scheme, reported PDVSA […]

PDVSA, Schlumberger Maintain Relationship in Venezuela

(Energy Analytics Institute, Jared Yamin, 10.Jun.2016) — PDVSA and oil field services giant Schlumberger continue to maintain their operational relationship, reported PDVSA in an official […]

Executive Profile: YPF New CEO Ricardo Darré

(Energy Analytics Institute, Jared Yamin, 6.Jun.2016) – Ricardo Darré will assume the position of CEO at YPF on July 1, 2016, taking over the helm […]