Russian Judge to Hear Suspects in Total CEO Death Case
A Russian court will hold a preliminary hearing on the death of the ex-boss of French oil major Total on Thursday, a judge said, paving the way for a possible trial of airport employees almost two years after the magnate's jet crashed at a Moscow airport. Christophe de Margerie…
Expro Sign Subsea Framework Agreement with Statoil
International oilfield services company, Expro, has secured a new framework agreement with Statoil Petroleum AS in the Norwegian Continental Shelf (NCS). The agreement, for three years with options to extend for three, two-year periods will see Expro provide subsea services…
India, Iran Ink Port Deal Despite US Warning about Haste
India reached a deal on Wednesday to develop a strategic port in southeast Iran despite U.S. pressure not to rush into any such trade agreements before world powers clinch a final nuclear accord with Tehran. Shipping Minister Nitin Gadkari and his Iranian counterpart Abbas…
DNV GL Launch Joint Industry Project
Sour service fluids from wells place significant demands on pipeline material, particularly in deeper water. This can present major technical and financial challenges for pipeline operators as the fluids can cause fractures and cracks which affect pipeline performance and reliability.
Halliburton Profit Beats Street, N.America Drilling Strong
Halliburton Co, the world's No.2 oilfield services provider, reported a better-than-expected quarterly profit, helped by buoyant shale drilling activity in North America. Shares of the company, which raised its quarterly dividend to 18 cents per share from 15 cents, were up nearly 4 percent before the bell.
Halliburton Expects Margins to Rebound in N.America
Halliburton Co, the world's No.2 oilfield services provider, expects margins to improve in North America after being depressed for two years as companies step up spending to drill and complete wells. Halliburton's shares rose as much as 5 percent to a life high after the company…
