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Tag: oilfield
China's Sinopec Oilfield seeks growth in overseas and gas drilling to offset oil work plunge
2016-04-01 05:27:29| Oil & Gas - Topix.net
Sinopec Oilfield Service, whose biggest customer is China's second largest oil and gas producer Sinopec - has turned its focus to the overseas market and domestic natural gas projects for growth, as low oil prices cut domestic oil drilling work volumes and saw it post a loss last year. The drilling and construction services arm of state-owned China Petrochemical - parent of listed Sinopec - is aiming for overseas business to contribute up to 35 per cent of its revenues by 2020, up from 23 per cent last year.
The First Circuit's FWW Decision and Its Impact on Oilfield Employers
2016-03-05 03:17:37| Grocery - Topix.net
On February 12, 2016, the First Circuit Court of Appeals affirmed a lower court's decision that an employer may use the fluctuating workweek method to calculate overtime pay rates even when an employee's weekly pay varies because of performance-based commissions. In Lalli v.
Tags: on
impact
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employers
One Ring to Rule Them All: Digital for Oilfield Services
2016-02-20 20:08:44| Capgemini News Feed
Sowmi Jagadeeshi Language Worldwide Share: Share this page
Tags: services
digital
ring
rule
Rig & Well Completion Data Visualization New To Digital H2O's Industry Leading Oilfield Water Management Platform Through RigData Partnership
2016-01-20 04:20:11| oilandgasonline Home Page
Digital H2O recently expanded its extensive digital oilfield water management platform to include rig data visualization through a partnership with RigData. The platform, Water Asset Intelligence, provides a digital and interactive mapping solution with exceptional data modelling and visualization, enabling cost effective and sustainable use of water in oil and gas production.
Tags: data
management
digital
water
Statoil cuts capital expenditure at Johan Castberg oilfield in Barents Sea
2016-01-20 01:00:00| Offshore Technology
Statoil has reduced its planned capital expenditure to around $6bn for the delayed Johan Castberg oilfield in the Barents Sea.
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