Sentences with phrase «oil services company»

Clifford Chance has landed a role advising oil services company Unaoil, as it is investigated by the UK's Serious Fraud Office (SFO).

Successfully acted for an oil services company in a series of disputes relating to short term leases of an oil rig with a total value of over $ 100m

selected from 129 final juried participants in the 29th annual award program, which is sponsored by Hunting PLC, a global oil services company and is the most generous annual art prize in North America.

A short distance away from the murky pond, an oil services company had begun pumping millions of gallons of drilling waste into an injection well.

The revenue agency is accusing the oil services company, Intels of operating illegally within the zone.

These include some transportation and refining companies like Marathon Petroleum and oil services company Schlumberger.

Shares of Weatherford International PLC (NYSE: WFT) closed Thursday up more than 12 % on the heels of some positive commentary about the oil services company from analysts.

The Greenlight Capital hedge fund manager is shorting oil services company Core Laboratories (clb), whose stock fell more than 2 % after his presentation.

Oil service companies are getting hit because they are focusing their efforts on offshore drilling, an industry struggling due to low oil prices that can not justify conducting more typically lucrative deep - water drilling projects.

As oil service companies finally move toward digitization, these stocks should have a brighter future ahead of them.

After reasonable success raising equity in late 2016 and early 2017, capital markets for public oil service companies contracted in March after WTI slumped.

But now, oil services companies are ramping up the available horsepower in their hydraulic fracturing fleets.

Before joining Fidelity as an equity research analyst in 2005, he served as a senior research analyst covering oil service companies at Sanford C. Bernstein & Co..

They include China, Russia, oil service companies and a slew of other entities, according to Moody's Investor Service.

In addition, the oil operators have benefited from a long period of deflation by the oil service providers — overcapacity in the oil service companies led to falling prices and margins for these companies.

Ensco (ISIN US29358Q1094)-RRB- 5 % US Offshore oil drilling oil service company.

Risks to be aware of Oil service companies might be forced to break, cancel, or alter some of these contracts if oil prices remain low for several quarters.

However, their long - term contracts and the fact that greater use of frac sand is one way for oil and gas companies to maximize productivity from each well means that demand declines might prove smaller than those of other oil services companies.

The commission is also empowered to advise the Minister on fiscal and other issues pertaining to the petroleum industry, establish framework for the validation and certification of national hydrocarbon reserves, undertake evaluation of national reserves and reservoir management studies as well as conduct regular audits of the activities of operators engaged in petroleum operations and oil service companies in order to ensure compliance with Nigerian laws and requirements for petroleum operations.

For 35 years oil services companies such as Denbury Resources and Kinder Morgan have piped carbon dioxide from naturally occurring reservoirs in Colorado to the declining oil fields of the Permian Basin in West Texas.

If oil rallies up to $ 49, it doesn't do a lot of good for the oil service companies and the oil producers.

Since then, the shares of Civeo have declined substantially; 3rd quarter operating results were disappointing resulting in a share price drop of close to 50 %, then recent oil price declines impacted the price of all oil service companies, with CVEO shares dropping into the $ 7 - $ 9 range.

This is a US based oil servicing company.

The team also advised oil service company Otradnoe on various operating activities regarding its oil and gas wells.

Debt recovery • Responsible for the return of US$ 161 million signature bonus paid for Nigerian exploration blocks by the Nigerian government to an exploration company; • Recovery of unpaid fees for an oil service company in East Africa as a consultant to Smithfield Partners solicitors;

He has acted for UK, foreign oil service companies and independent E&P companies, and also has significant expertise in sector - specific intellectual property matters.

Oil service companies are storing more data than ever as they map resources and drill wells for exploration customers.

Mechanical engineers at an oil service company are responsible for designing the equipment and machines that the offshore engineers and technicians depend on, such as pipelines, valves and turbines, making sure that it is reliable, efficient and safe to use.

Not exact matches

When oil prices last took a precipitous dive in 2009, David Yager was CEO of a medium - size oilfield services company.

While E&P and service companies benefit from rising prices, the same can't always be said for «downstream» businesses (think refiners and gas station operators) or «midstream» firms that transport oil.

With headquarters in London and Houston, the combined company will have roughly $ 23 billion in annual revenue and offer oilfield gear including blowout preventers, pumps, drilling, chemicals, other products and services for oil producers in 120 countries.

The company was also an entry point to ExxonMobil, the world's largest energy company with 56,000 service stations — including those belonging to Imperial Oil — and hundreds of thousands of retail employees internationally.

STEP Energy Services Oil & Gas Calgary, AB Visit website» Incorporated in 2001, the company built its reputation on its expertise in coiled tubing and related sServices Oil & Gas Calgary, AB Visit website» Incorporated in 2001, the company built its reputation on its expertise in coiled tubing and related servicesservices.

Pardy expects we'll see a gradual shift out of integrated oil companies and into riskier, more volatile exploration - and - development and oilfield services stocks that can offer more upside, although he stresses that you can't lose sight of the companies» balance sheets.

Engineering and consulting services company Logicamms has signed contracts with Samsung C&T Corporation, Chevron Australia and Oil Search for a combined contract value of about $ 15 million.

When combined with the Company's existing 10,000 barrel per day agreement for in - field gathering with Oryx Midstream Services and planned investment of approximately $ 20 million in its own oil gathering system in 2018, PDC believes this agreement ensures its ability to successfully produce and deliver volumes in accordance with its current development plan.

Marine services company MMA Offshore's net loss has widened to $ 144 million on the back of a previously flagged impairment and reduced activity in the oil and gas sector.

MMA Offshore has reported a dramatic slide in half - year profit as the marine services company faces challenging conditions in the offshore oil and gas industry.

Lamb determined that his 17 - year - old enterprise software firm, which provides cost accounting services to drilling companies (and is ranked 385th on the 2013 PROFIT 500), would thrive in Colorado's oil and gas sector, which is similar to Alberta's.

Chiang Gnee Heng is linked to 1 organisation which is included in 3 lists - Business News 30, Public Companies - Industrial and Oil and gas services.

The water - purification firm has found success by targeting regions with new or tightened environmental regulations — like China and Mexico — and offering its services to mining, power generation, and oil and gas companies.

Usher previously served on the Boards of Directors of Transtar, Inc., H.J. Heinz Company, PNC Financial Services, PPG Industries, and Marathon Oil.

Everyone from medical equipment suppliers to software producers to food services companies — all of these sectors service the oil and gas industry, and many of the largest happen to be based in the U.S.

ONE man's vision to provide a value - added pressure - testing service to the construction, resources and oil and gas industries, has led to the emergence of a leading Australian company poised to expand offshore.

But the defense contractor experienced a double whammy in 2014 between falling oil prices (triggering cutbacks on energy projects) and the substantial withdrawal of U.S. troops from Iraq, reducing the need for the company's services there.

A provision of Tillerson's ethics agreement says that he must give up any undistributed assets in the trust if he becomes employed by or provides services to «a company in the oil and gas industry or the oil and gas services industry.»

U.S. energy companies added 12 oil rigs drilling for new production last week, taking the total to 759, General Electric Baker Hughes energy services firm said on Friday.

In 1994, Derrick Rowe had a $ 5 - million two - way - radio company that serviced oil rigs in the NorthAtlantic out of St. John's, Newfoundland.

Canadian Western Bank (TSX: CWB) boasts an impressive 112 consecutive profitable quarters, but like much of the oil - reliant Alberta economy, the Edmonton - based financial services company is feeling the effects of the bust.

In the era of the Internet of Things (IoT) and the Internet of Everything (IoE), data about oil resources and oil wells is so important that companies across the oil industry's chain are now seeking to explicitly state in contracts who owns that data — the oil service firms or their exploration customers.