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PESA says oilfield job losses exceed 100K, but layoff rates are slowing
America’s oilfield services and equipment lost approximately 2,600 jobs in August, according to preliminary data from the Bureau of Labor Statistics (BLS), the lowest total since the onset of the COVID-19 pandemic in March. America’s oilfield...
Schlumberger, IBM & Red Hat, a major hybrid cloud collaboration
Schlumberger, IBM and Red Hat, announced a major collaboration to accelerate digital transformation across the oil and gas industry. The joint initiative will provide global access to Schlumberger’s leading exploration and production (E&P)...
US Offshore Oil & Gas Production Strengthens the Environment
“The American offshore should be the region of choice for energy production. From the outset, it provides high-paying and accessible jobs that are supported in every U.S. state as well as billions of dollars in annual revenue that...