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Baker Hughes Profit Falls 9% from Q1 as Oilfield Services Demand Remains Tepid

2021-07-21 15:18:44| OGI

Oilfield services provider Baker Hughes Co. said on July 21 its adjusted profit fell 9% in the second quarter from the previous three months and it missed Wall Street estimates for earnings, as crude producers kept a tight lid on spending.

Tags: services remains falls demand

 

Halliburton Profit Jumps 33% as Oilfield Activity Rebounds

2021-07-20 15:21:04| OGI

Halliburton Co. on July 20 reported a 33.5% jump in second-quarter profit from the previous three months, as a rebound in crude prices from pandemic lows buoyed demand for oilfield services.

Tags: activity profit jumps rebounds

 
 

Operations Management: Lessons Learned from the Oilfield

2021-07-08 22:30:00| OGI

RigEran oilfield Operations Management software provider for energy service and equipment rental companiessummarized key lessons from over 100 implementation projects.

Tags: management operations learned lessons

 

Riverstone Looking to Divest Equity Stake in Liberty Oilfield Services

2021-06-11 11:30:00| OGI

Private equity firm Riverstone is offering the roughly 12.3 million shares of Class A common stock it still owns in Liberty Oilfield Services in a public offering priced at $15.60 per share.

Tags: services equity liberty stake

 

OptaSense and Liberty Oilfield Services Form Partnership

2021-05-13 15:36:50| OGI

The strategic partnership is introducing FracSense, a diagnostic service to help engineering professionals at our oil and gas customers acquire more accurate diagnostic information, ultimately leading to optimized hydrocarbon production.

Tags: services form partnership liberty

 

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