Schlumberger, boosted by strong growth in Iraq and Saudi Arabia, posted third-quarter 2011 revenue of US$10.2 billion against US$9.6 billion in the second quarter of 2011, and US$6.85 billion in the third quarter of 2010.
Industry
NOCs to spend US$140 billion on contracts in 2011 - Deloitte
A new Deloitte report looks at the opportunities for private sector investment in the oil and gas sector
Iraq's SOC awards mooring contract to Leighton
Iraqs South Oil Company (SOC) has awarded an additional Single Point Mooring (SPM) contract worth US$79.85mn to Leighton Offshore.
Sadara awards main automation contract to ABB
Sadara Chemical Company, a joint venture between Saudi Aramco and The Dow Chemical Company (Dow) has chosen ABB as its Main Automation Contractor (MAC).
Honghua Group opens new regional facility
Honghua Golden Coast Equipment FZE (HHGCE), one of the biggest petroleum drilling rig manufacturer in China, has opened its regional office in JAFZA.