Baker Hughes Q3 2026 Revenue Rises 14% YoY

• Wednesday, 28th October 2026
• by Fatma Ahmed

The global energy technology company Baker Hughes reported a 14% year-on-year (YoY) increase in revenue to $8.03 billion in the third quarter (Q3) of 2026, driven by stronger orders and broad-based demand across its e...

Halliburton Q2 2026 Profit Rises on Global Growth, New Contracts

• Tuesday, 21st July 2026
• by Tarek Abdallah

In the second quarter (Q2) of 2026, Halliburton posted net income of $534 million, up from $461 million last quarter. This growth was driven by a 5.5% sequential increase in revenue to $5.7 billion, an operating margi...

Schlumberger, Milaha Sign MoU for Building Projects

• Sunday, 27th September 2020
• by Editorial Team

Schlumberger, one of the world’s largest oilfield service companies, has entered into a Memorandum of Understanding (MoU) with Qatari maritime and logistics company, Milaha, according to a press release. The MoU will ...

TAQA to Acquire Two US Companies

• Tuesday, 7th May 2019
• by Editorial Team

Saudi Arabia’s Industrialization and Energy Services Company (TAQA) plans to acquire two North America-based companies, working in the areas of oilfield services technology and manufacturing, by the end of 2019, Pipel...

Petrofac Wins $600M Algeria EPC contract

• Wednesday, 29th August 2018
• by Editorial Team

Oil field services company Petrofac has received a provisional letter of award for a $600 million engineering, procurement and construction (EPC) contract in Algeria, according to company press release. The deal will ...

OptaSense to Provide Upstream-Downstream Services to Gasos

• Thursday, 10th December 2015
• by Egypt Oil & Gas

OptaSense, a leading company in Distributed Acoustic Sensing (DAS) solutions, has signed a services agreement for upstream and downstream activities with Abu Dhabi’s Gulf Automation Services and Oilfield Supplies (Gas...

Expro Enters Qatar, Expands Presence in Region

• Tuesday, 1st December 2015
• by Egypt Oil & Gas

International oilfield services company, Expro has entered Qatar’s market with a first five-year contract and expands its presence in the Middle East, World Oil reported. Expro specializes in well flow managemen...

Oilfield Services to Expand Offshore in Middle East, Report Says

• Wednesday, 18th November 2015
• by Egypt Oil & Gas

Higher E&P expenditure, financial durability of the companies and customers are likely to drive the oilfields services (OFS) market in the Middle East to record revenues worth $13.4b by 2019, said Trade Arabia, ci...

AlMansoori Technology Day Hosted by Zadco

• Tuesday, 10th February 2015
• by Egypt Oil & Gas

Zakum Development Company (Zadco) hosted AlMansoori Specialized Engineering for a day that allowed AlMansoori to showcase their latest technologies and capabilities across a range of oilfield services, while creating ...