San Misr Revenues Increase 30% in 2020

• Monday, 29th March 2021
• by Editorial Team

The Egyptian Maintenance Company (San Masr) has announced an  achievement of a growth in 2020 roughly EGP 6.6 billion, which indicated an increase of 30% compared to 2019, a relevant press statement cited. Per the sta...

Schlumberger Buys Cameron, Becomes Industry’s First Integrated Drilling and Production Company

• Sunday, 30th August 2015
• by Egypt Oil & Gas

Schlumberger has announced that it will buy oil services rival Cameron International for nearly $13b in cash and stocks, reported The Wall Street Journal. The new company will combine the expertise of Schlumberger—foc...

North Sea Service Companies Cutting Jobs

• Wednesday, 29th April 2015
• by Egypt Oil & Gas

Amec Foster Wheeler Plc and Petrofac Ltd on Tuesday joined a growing list of London-listed oil and gas support services companies planning to cut jobs in response to the tumble in oil prices. Benchmark Brent crude oil...

Oil Service Giant Halliburton Beats Earnings Estimates

• Tuesday, 21st April 2015
• by Egypt Oil & Gas

Halliburton Co. beat analysts’ estimates and accelerated the pace of job cuts ahead of a planned $34.6 billion takeover of Baker Hughes Inc. Excluding certain items, the world’s second-biggest provider of oilfield ser...