Regulatory Approvals, New Facilities and Contracts Boost Outlook for Oil & Gas Equipment and Services Companies - Research

Regulatory Approvals, New Facilities and Contracts Boost Outlook for Oil & Gas
     Equipment and Services Companies - Research Report on Schlumberger,
                Halliburton, Oil States, FMC, and Oceaneering

PR Newswire

NEW YORK, July 2, 2013

NEW YORK, July 2, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Wall Street Reports announced new research reports highlighting
Schlumberger Limited (NYSE: SLB), Halliburton Company (NYSE: HAL), Oil States
International Inc. (NYSE: OIS), FMC Technologies, Inc. (NYSE: FTI), and
Oceaneering International, Inc. (NYSE: OII). Today's readers may access these
reports free of charge - including full price targets, industry analysis and
analyst ratings - via the links below.

Schlumberger Limited Research Report

On June 24, 2013, Schlumberger Limited (Schlumberger) announced that its
OneSubsea, joint venture (JV) with Cameron has received all necessary
regulatory approvals. Under the JV project, Schlumberger and Cameron will
manufacture and develop products, systems and services for the subsea oil and
gas market. Paal Kibsgaard, CEO of Schlumberger, commented, "We are extremely
pleased to complete the OneSubsea joint venture with Cameron. We are now
uniquely positioned to optimize complete subsea production systems and help
our customers improve production and recovery from their subsea developments."
Schlumberger reported that it has a 40% ownership and Cameron has a 60%
ownership in the JV. The Full Research Report on Schlumberger Limited -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:


Halliburton Company Research Report

On June 11, 2013, Halliburton Company (Halliburton) announced the inauguration
of its Technology Center at the Federal University of Rio de Janeiro (UFRJ)
Technology Park, situated at the Ilha do Fundão, Rio de Janeiro, Brazil.
Halliburton, along with the country's leading universities and customer
research groups, said that it is working towards establishing a global center
of expertise for deepwater and mature fields. Tim Probert, President of
Strategy and Corporate Development at Halliburton, said, "Technology has
played an important role in addressing our customers' challenges, particularly
in Brazil's deepwater as well as mature field environments." Probert added,
"This state-of-the-art center in Brazil, closer to our customers, allows us to
accelerate new technology development and enable Halliburton to deliver even
more innovative solutions to our customers faster." The Full Research Report
on Halliburton Company - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:


Oil States International Inc. Research Report

On June 26, 2013, Oil States International Inc. (Oil States) announced that
its Canadian subsidiary, PTI Group Inc., has opened a new Canadian Lodge,
Boundary Lodge, in Southern Saskatchewan. According to Oil States, the
Boundary Lodge will support the power and infrastructure construction projects
in the Estevan, Saskatchewan region and the surrounding Bakken oil and gas
shale area. The Company reported that the lodge will provide PTI's full suite
of first-class accommodations and services including catering, ancillary and
convenience services, internet service, conference rooms, and leisure
facilities for fitness, entertainment, and relaxation. Further, Oil States
expects the facility to have a total capacity of 348 rooms upon completion of
the initial construction in Q3 2013. Cindy B. Taylor, President and CEO of Oil
States, stated, "Our new Boundary Lodge in Estevan, Saskatchewan gives us a
presence in a region of increasing activity." Taylor continued, "We expect to
support a diverse customer base in this region with multiple demand drivers."
The Full Research Report on Oil States International Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:


FMC Technologies, Inc. Research Report

On June 25, 2013, FMC Technologies, Inc. (FMC Technologies) announced that it
has received a new order from Total upstream Nigeria Ltd., for subsea
equipment for the Egina field, situated in Block OML 130 offshore Nigeria.
Tore Halvorsen, Senior Vice President of Subsea Technologies at FMC
Technologies, commented, "FMC Technologies is pleased to provide Total with
the subsea systems required to develop the Egina field. This significant
project will be the largest subsea project to date in West Africa, and is
supported by our local content strategy, as well as by recent expansions to
our facilities in Lagos and Onne." The Company reported that the subsea
equipment order is valued at approximately $1.2 billion. The Full Research
Report on FMC Technologies, Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:


Oceaneering International, Inc. Research Report

On June 27, 2013, Oceaneering International, Inc. (Oceaneering) announced that
it has been awarded a contract by ExxonMobil to supply a production control
umbilical for its Julia field development in the Gulf of Mexico Walker Ridge
Block. Oceaneering reported that the order is for an electro-hydraulic, steel
tube umbilical approximately 14 miles (22.5 kilometers) in length, which will
be manufactured at Oceaneering's facility in Panama City. Oceaneering stated
that the umbilical will be used to supply hydraulic control fluids, chemicals,
and electrical power signals to operate and monitor the subsea wells and
manifold used in the field. The Company expects to deliver the production
control umbilical by early 2015. The Full Research Report on Oceaneering
International, Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:



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