Schlumbergers Q4 earnings rose by 36 per cent from US$9.07 billion in 2010 to hit US$10.97 billion in Q4 2011.
Industry
Q4 2011 review of Saudi petrochemical companies
Sabic, PetroRabigh, Petrochem and Sipchem have announced their Q4 2011 financial reports recently. We have provided a round-up of the results.
Adnoc and CNPC sign MOU on upstream projects
Abu Dhabi National Oil Company (Adnoc) signed a strategic partnership deal with China National Petroleum Corporation (CNPC) to collaborate in upstream projects in undeveloped areas.
Endress+Hauser sets up base in Abu Dhabi
Endress+Hauser has opened a new office in Abu Dhabi which will allow the company to increase its focus on the oil and gas business in the region.
Atlas opens first IMIST facility in Iraq
Atlas has opened its first centre in Iraq that offers its global training initiative IMIST for the oil and gas industry.