The company reported revenue of $4.3 billion from September to December, besting the $4.1 billion predicted by the market. For the full year 2021, Halliburton revenue reached $15.3 billion, compared with estimates of $15.1 billion.·New York: US oilfield giant Halliburton said Monday it posted bett......

The Double Angle O-ring Valveis made with a tough one-piece body to run more hours between change outs. It'smade with carburized premium alloy steel to resist wear, provide a positive seal, and help protect against wash out or damage to the pump. FEATURES •Specified for......

The National Oceanography Centre (NOC) has announced that it has begun conducting research with robot submarine Boaty McBoatface on end-of-life oilfields off the coast of the Shetland Islands to help monitor and protect the marine environment in the North Sea and to support industry transition towar......

Latest Oil Market Reports Show Broad Balance Agreementby Andreas Exarheas|Rigzone Staff|Friday, September 16, 2022Sharesubmit to redditemail printLatest Oil Market Reports Show Broad Balance AgreementThe latest monthly oil market reports show a broad agreement about balances.The latest m......

Oil Demand Gets Fuel Switching Boostby Andreas Exarheas|Rigzone Staff|Thursday, September 15, 2022Sharesubmit to redditemail printOil Demand Gets Fuel Switching BoostThe IEA now forecasts that world oil demand will hit 99.7 million barrels per day this year.Soaring oil use for power generation and g......

Kuwait Minister of Oil Dr. Mohammad Abdul Latif Al-Fares Participates in the "OPEC Plus" MeetingsSource: www.gulfoilandgas.com 8/3/2022, Location: Middle EastHis excellency the Deputy Prime Minister, Minister of Oil and Minister of State for Council Affairs, Dr. Muhammad Abdul Latif Al-Far......

ADNOC Drilling Awarded $3.4B Contracts to Expand Offshore Production CapacitySource: www.gulfoilandgas.com 8/4/2022, Location: Middle EastAbu Dhabi National Oil Company (ADNOC) announced today two contracts totalling more than $3.4 billion (AED12.6 billion) have been awarded to ADNOC Drilling to hir......

Choosing suitable pump exporters is not easy, but in this article, we have compiled an exhaustive list of factors you should consider in this process. Pumps are the heart of the processes, and you must put the best quality pumps in place. Therefore, when starting your pump procurement process, you c......

The recession “playbook” may not work on the oil sector this time, a new BofA Global Research report has outlined.“We acknowledge all recessions across the last 20 years have had a destructive impact on oil demand and prices - in percentage terms, WTI dropped by ~40-80 percent as measured from th......

What There are many different types of mud pumps, each with its own advantages and disadvantages. However, pump experts generally understand the requirement and then suggest which type of pump design would be more efficient. Here are five of the most popular types:1. Piston Mud Pumps:Piston mud pump......