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Halliburton Cutting 650 Jobs As Oilfield Business Slows

2019-10-09 21:00:00| OGI

U.S. oilfield services firm Halliburton on Oct. 9 said it was cutting 650 jobs across Colorado, Wyoming, New Mexico and North Dakota amid slowing oil and gas activity.

Tags: business jobs cutting slows

 

Halliburton CEO Sees Consolidation In Oilfield Services As Shale Matures

2019-09-04 21:33:07| OGI

The largest U.S. supplier of fracking services to oil and gas producers expects its third-quarter results will be at the low end of its earlier forecasts as activity slows.

Tags: services consolidation sees matures

 
 

Crusoe Reduces Natural Gas Flaring By 25 MMcf Using Oilfield Data Centers In North Dakota, Wyoming, Colorado

2019-08-19 15:37:12| OGI

Across its existing projects, Crusoe has already eliminated more than 25 million cubic feet (MMcf) of natural gas flaring, significantly reducing air emissions for local communities as well as regulatory challenges faced by oil and gas companies.

Tags: data north natural gas

 

Houthi Drone Attack On Saudi Oilfield Causes Gas Fire, Output Unaffected

2019-08-18 12:07:00| OGI

A drone attack launched by Yemen's Houthi group on an oilfield in eastern Saudi Arabia on Aug. 17 caused a fire at a gas plant but had no impact on oil production, state-run oil company Saudi Aramco said.

Tags: fire gas output attack

 

BW Offshore Wins Brazil Approval For $115 Million Oilfield Purchase

2019-08-17 16:19:54| OGI

Norway's BW Offshore has won approval from Brazilian oil regulator ANP for the purchase of the Maromba oilfield, part of the Oslo-listed companys plan to become an operator and not just a supplier of oil services, platforms and ships.

Tags: purchase million brazil approval

 

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