WorldOil Isolation Technologies improves slurry placement with new combo tool Isolation Technologies, a designer and manufacturer of zonal isolation equipment, has developed the IsoTech Combo Tool to improve slurry placement with a single tool. Trump said to pick LaFleur as chairman of U.S. Energy Regulator President-elect Donald Trump plans to name Cheryl LaFleur chairman of the Federal Energy Regulatory Commission, an agency charged with overseeing the nation’s power grid and deciding on multi-billion-dollar energy projects, two people familiar with the situation said. OPEC, Russia meet in Vienna for first check on oil-cuts progress Representatives of OPEC and several other major oil producers will start arriving in Vienna on Friday for their first meeting to monitor compliance with an agreement to cut output. Halliburton awarded Iraqi drilling contract by Shell Halliburton has signed a contract with Shell Iraq Petroleum Development to provide drilling services for sustained production at Shell’s Majnoon oil field in Southern Iraq. Schlumberger waits for international oil spending to pick up Schlumberger is waiting for the rest of the world’s oil producers to catch up to the North American crude recovery. EMGS and TGS expand cooperation in Barents Sea Electromagnetic Geoservices ASA (EMGS) and TGS-NOPEC Geophysical Co ASA (TGS) have agreed to expand the companies' cooperation agreement in the Barents Sea. Shearwater GeoServices signs agreements with TGS for two surveys Shearwater GeoServices Norway AS has signed agreements with multiclient company TGS for two surveys, one firm and one optional, in Norway. The surveys that are scheduled to commence between March and May 2017 total approximately 15,000 sqkm and will be performed by two of Shearwater’s high-end 3D vessels. The scope of the firmly awarded survey equals to approximately 6 vessel months and requires a wide tow spread for which the Shearwater vessels are designed. The optional scope equals to 4 additional vessel months. Schlumberger posts a loss as slump weighs on oil services Schlumberger reported a fourth-quarter loss as oil’s slump continued to weigh on demand for drilling services. Maersk IPO plans won’t derail bid for Dong’s $2.8-billion unit A.P. Moller-Maersk A/S CEO Soren Skou’s newly disclosed plans that he favors a stock-exchange listing for his energy units won’t prevent him from buying Dong Energy A/S’s oil and gas fields first. North Atlantic Drilling secures contract extension for West Elara North Atlantic Drilling Ltd has been awarded a firm one-well extension plus one optional well from Statoil Petroleum for the West Elara jackup . Proserv secures new contracts, establishes new bases Proserv has already secured new contracts worth more than $12 million so far this year and has revealed plans for further international growth with new bases in Saudi Arabia and India.