Tag Archives: Baker Hughes

ADNOC Drilling announced the completion of its first offshore integrated drilling services (IDS) well in Abu Dhabi’s Umm Lulu offshore oilfield.

The US will raise the tariff on $250 billion worth of Chinese imports from 25% to 30% on October 1.

Oil rigs have seen a loss of 106 rigs year on year. with gas rigs down 20 since this time last year.

A shutdown in the rigs will put pressure on Nicolas Maduro’s administration.

The outlook for oil demand growth is ".fragile.". with a greater likelihood of a downward revision than an upward one.

US production rose slightly for week ending June 28 to 12.2 million bpd. 200.000 bpd down from the all-time high of 12.4 million bpd.

Baker Hughes. a GE company and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies.

U.S. crude explorers reduced drilling to a 15-month low as oil dipped into bear-market territory.

US oil production ticked up slightly for week ending May 17. coming in at 12.2 million bpd- just 100.000 bpd off the April 26 high of 12.3 million bpd.

Most standard hydraulic fracturing fleets are powered with diesel engines mounted on trailers.