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Stock Market & Financial Investment News

News Breaks
June 13, 2014
07:23 EDTCGG, SLBCGG preferred in race with Schlumberger for 3D seismic contract, Upstream says
CGG (CGG) and WesternGeco, a unit of Schlumberger (SLB), are the only companies bidding for a $100M-plus 3D broadband seismic contract from India’s Oil & Natural Gas Corporation, according to oil and gas industry publication Upstream, which added that CGG is preferred for the award as it was low bidder in ONGC’s previous tender. Shares of CGG are up nearly 8% in pre-market trading following the report. Reference Link
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September 17, 2014
07:40 EDTSLBUBS to hold a conference
Houston Energy Bus-less Tour is being held in Houston on September 17-19 with webcasted company presentations to begin on September 17 at 8:30 am; not all company presentations may be webcasted. Webcast Link
September 16, 2014
07:42 EDTSLBDeutsche Bank to hold a conference
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September 15, 2014
07:23 EDTSLBHart Energy to hold a conference
2014 DUG Eagle Ford Conference to be held in San Antonio, California on September 15-17.
September 12, 2014
15:48 EDTSLBSchlumberger favored to win Petrobras service contract, Bloomberg reports
Schlumberger (SLB) is favored to win half of the well services work being offered by Petrobras (PZE) which is valued at more than $2B, Bloomberg says, citing two people with knowledge of the tender. Schlumberger had submitted the most competitive bid for 50% of the well services work, Halliburton (HAL) had placed the lowest-cost bid for 30% of the work, and Baker Hughes (BHI) is set to win the remaining 20% of the work, the people added. Reference Link
September 10, 2014
05:19 EDTCGGCGG SA awarded four survey contracts valued at over $80M
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