All of the majors reported lower earnings for the first quarter. Already, some energy companies active in the shale patch are cutting their drilling budgets for the year. Oilfield services providers are bracing for impact […]
“In the US, the repeal of the LNG permitting moratorium and the Administration’s stated goal of increasing US LNG exports has led to an improvement in orders for US LNG projects,” Simonelli said during the […]
Oilfield services giant Baker Hughes has signed a deal with Brazilian oil and gas major Petrobras to provide fully integrated completion systems as well as an agreement for a definitive solution for stress corrosion cracking […]
Baker Hughes has been awarded a “major” contract to provide a modularized LNG system and power island to support Venture Global LNG projects in the US, the firm said on Thursday. In addition, Baker Hughes […]
North America dropped one rig week on week, according to Baker Hughes’ latest rotary rig count, which was released on May 17. Although the U.S. added one rig week on week, Canada dropped two during […]
US energy services firm Baker Hughes has secured an order from compatriot engineer Black & Veatch to supply the planned Cedar LNG project in Canada with electric driven liquefaction technologies. Baker Hughes said in a […]
North America’s rig count decreased by 21 week on week, according to Baker Hughes’ latest rotary rig count, which was released on March 28. The region’s rig count now stands at 772, comprising 621 rigs […]
March 15 (Reuters) – U.S. energy firms this week added the biggest number of oil and natural gas rigs in a week since September, with the oil rig count also rising to its highest in […]
U.S. energy firms this week added oil and natural gas rigs for a second straight week to their highest since September, energy services firm Baker Hughes said in its closely followed report on Friday. The […]
US energy services firm Baker Hughes booked record $5.6 billion of LNG equipment orders in 2023. The company said the outlook for LNG FIDs over the next few years “remains strong”. Following record LNG equipment orders […]
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