Tag Archives | Schlumberger

KRG Clarifies Incident at HKN Energy Block

By John Lee. The Kurdistan Regional Government has denied that an incident involving HKN Energy in the Kurdish region of Iraq was related to security issues, and said it was instead tied to a labour dispute. In a statement, the KRG also denied media reports that about 120 oil workers were held hostage: "The Kurdistan […]

Iraq Club Dubai Celebrates 1st Anniversary

6th March sees the anniversary event of The Iraq Club Dubai. This network for senior energy professionals operating in Iraq, has gone from strength to strength since it launched in 2012. The bi-monthly event which regularly attracts over 100 senior representatives from companies such as Leightons, Gulftainer and Schlumberger, expects a higher turn out next […]

Baker Hughes Joins Race for Kirkuk Oilfield

Baker Hughes has joined BP and Schlumberger on separate talks with Iraq to more than double the output from the giant Kirkuk oil field in northern Iraq, according to Dow Jones. "Iraq is conducting preliminary talks with these three companies to examine plans to develop the field," an Iraqi oil industry figure said on Monday. […]

Schlumberger Reports on Iraq Operations

As part of its third quarter earnings results, Schlumberger has issued the following statements on its operations in Iraq: In Iraq, Wireline MSCT* mechanical sidewall coring technology has been deployed on two exploration wells. Core recovery in the tight and fractured carbonate reservoirs was 100% for each job and the cores will yield the petrophysical […]

New Schlumberger CEO has Big Plans for Iraq

Schlumberger's incoming CEO, Paal Kibsgaard, has big plans for the company's business in Iraq. The 43-year-old Norwegian, who will take over as chief executive on 1st August, is currently Chief Operating Officer of the company, having begun his career with ExxonMobil in 1992. He will succeed Andrew Gould, who again reiterated that Iraq is a […]

'Next Year Iraq Will be Really Big', Schlumberger

Iraq will be one of the main revenue contributors to Schlumberger's Middle East operations and will be bigger than most of the company's other markets in the region with the exception of Saudi Arabia, Chief Executive Andrew Gould (pictured) told the Financial Times on Tuesday. "Next year Iraq will be really big", said Gould. The […]

Schlumberger Wins Gazprom's Badra Drilling Contract

Gazprom Neft has chosen Schlumberger to drill the first wells in the Badra oil deposit development project in Iraq, reports Oil Voice. The contract will last three years, and will involve three drilling rigs, with the drilling of the first appraisal and development wells expected to be completed in early 2012. A total of 11 […]

Schlumberger Secures West Qurna Drilling Contract

International oil services firm Schlumberger has won a contract from a consortium led by US oil major ExxonMobil to drill 15 new wells in Iraq's West Qurna Phase One oilfield, Reuters has reported, citing an industry source familiar with the matter. Ame Info reports that the new wells are part of the consortium's plan to […]

Schlumberger 'Wins Contract' for Iraq's W.Qurna

Reuters, citing "industry sources familiar with the matter", reports that U.S. oil major ExxonMobil and its partners have awarded a contract to oil services firm Schlumberger to drill 10 wells in Iraq's West Qurna 1 oilfield. The contract award was finalised a few days ago but a final contract is yet to be signed by […]

Eni to Award Oilfield Drilling Contracts

Italian oil major Eni is expected to award a tender to drill more than 100 new oil wells at its Zubair oil field in southern Iraq in August, according to a report from Dow Jones. "We received the bids and we are in the process of assessing them," an executive told the news agency. Several […]