Trendsetter Engineering awarded contract for TC2 connection systems  Oilfield TechnologyShell plan to use Trendsetter's 15 000 psi 2 in. connectors to deliver gas lift *service* in the Princess Field located in the Gulf of Mexico. Read more https …

Schlumberger, Subsea 7 in talks to form oil services joint ventureReutersSince 2015 Schlumberger and Subsea 7 have collaborated for some of their work in designing, building and laying oil and gas production installations on the seabed. The two firms now a …

MarketWatchOil futures drop to multiyear lows with supply glut seen as 'biggest threat'MarketWatchThe latest U.S. data revealed a big weekly drop in crude supplies, but also showed that gasoline inventories jumped and oil production climbed. A weak …

Wall Street JournalOil-Field Services: Pain AgainWall Street JournalDig deep and keep going. The European oil-field services sector's market value has roughly halved over the past two years, pummeled by the tumbling oil price and sharp cut-backs to inv …