The transaction will expand Schlumberger’s revenue base by more than 20%, Paal Kibsgaard, the company’s CEO and chairman, said in a press call. Schlumberger expects cost synergies of $900 million over two years
The Climate & Clean Air Coalition Oil & Gas Methane Partnership said it has identified several low-cost, quick-payback projects that lower methane emissions.
With a cookie-cutter model comes marginal price economics, says Thrust Energy CEO Manatt.
Airborne Oil & Gas has notched up a world-first with a deal to supply a thermoplastic composite pipe flowline for a pilot project off Malaysia.
For the oil and gas sector, this could mean making drilling adjustments on the spot. It could also mean collecting data from various sources, analyzing it and using that knowledge to grow production and revenue.