Reuters: GE nears US$30 billion deal with Baker Hughes
The Wall Street Journal has reported that the deal would involve merging with GE.
Browse the latest drilling & production news and articles.
The Wall Street Journal has reported that the deal would involve merging with GE.
The new 'life of field' agreement covers the provision of operations and maintenance (O&M) services which has the potential to run until 2023.
The EIA has reported an increase in offshore oil production.
Woodside now owns 100% of the shares in ConcoPhillips Senegal B.V.
Despite profit slides Aker Solutions is continuing to make good progress on several major global projects.
Roxi Petroleum has updated the market with news of its BNG operations.
Kongsberg Maritime reports weak results during the third quarter of 2016.
INPEX drilling operations resulted in the findings of a thin gas reservoir.
Tenaris has celebrated ten years since the inauguration of its threading facility in Qingdao, China, and has opened a new automotive component centre.
ExxonMobil has announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion bbls of oil on the Owowo field offshore Nigeria.
Target depth has been reached on well #9 on Ayazovskoye but no oil has been discovered.
The agreement will cover rig-inspection services in shale and other unconventional formations including the Eagle Ford, Barnett, Marcellus and Bakken plays in the US.