Schlumberger announced a major contract award by Saudi Aramco for integrated drilling and well construction services in a gas drilling project. The integrated project scope encompasses drilling rigs and technologies and services, including drill bits, measurement while drilling (MWD) and logging while drilling (LWD), drilling fluids, cementing,...

Wood, the global consulting and engineering company, announced the appointment of Jennifer Richmond as Executive President of Strategy and Development and the latest member of the executive leadership team. In her new role, Richmond will assume executive responsibility for Wood’s growth through strategic planning, business development, mergers...

(Bloomberg) — Canada’s slumbering oil industry is beginning to stir. For years, the country’s drillers, like those in the shale fields of West Texas, have been under great pressure from their investors to avoid the kind of expansion plans that have backfired on them countless times before. So when oil blew past $70 a barrel last year, then...