SLB reported Q3 2025 revenue of $8.93 billion, up 4% sequentially but down 3% year-on-year, as earnings and margins declined amid a fully supplied oil market, subdued prices, and geopolitical uncertainty. GAAP EPS fell 40% YoY to $0.50, while adjusted EBITDA was flat sequentially and down 12% YoY. Despite the earnings pressure, SLB said global oilfield activity is showing resilience, particularly in the Middle East and Asia, and expects OPEC+ production increases to spur new investment. CEO [Read more]
Inclusive Energy Launches Integrated Equipment, Rig, and Financing Program to Maximize Existing Production From Existing Oil & Gas Assets
FOR IMMEDIATE RELEASE Calgary, Alberta — October 2025 — Inclusive Energy Ltd., one of Western Canada’s leading providers of oilfield equipment and capital solutions, has launched an integrated initiative to help producers maximize the value of existing assets — bringing together coordinated equipment, rig, and financing support under one program. As many producers shift their focus from drilling new wells to optimizing production from existing fields, the cost and logistics of coordinating [Read more]
Tools Missing from the Project Toolbox
Tools Missing from the Project Toolbox Why capital projects continue to fail without the right resources (tools) on hand. Capital projects (projects) too often lack the full toolbox required for delivery as planned. The UNEZA report recommendations – long-term planning, programmatic approaches, and skills development – are necessary but leave gaps in communication, knowledge transfer, and supplier quality surveillance (SQS). KT Project provides missing, cost-effective tools – practical [Read more]
Online Auction – Offshore & Construction Equipment from a Major Project
A unique opportunity to acquire premium surplus equipment from a major offshore construction project. Assets include CAT generators, control cabins, fuel tanks, tools, and more—many in unused or near-new condition. Located in Newfoundland and ready for redeployment. Auction Closes October 23rd. To register and bid, please visit AllSurplus.com Featured Equipment: 2013 Kroll K4000 Tower Crane – 85m jib, 110 MT capacity CAT SR5 Generator Sets – C32 diesel, 675kW, 600V, [Read more]
GDM and Muddy Boots Launch a Transformative Alliance
GDM Inc., Canada’s trusted source for energy infrastructure data, and Muddy Boots Inc., a leader in mobile-first field operations software, have entered into a strategic alliance. Integrating their two premiere offerings for pipeline integrity gives the Canadian industry a unified system that connects field and office teams, keeps asset data accurate, and ensures decisions are grounded in near real-time operational insights, not outdated spreadsheets or siloed tools currently in the [Read more]
New oil and gas jobs from BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Oct. 14 3rd/4th Year Apprentice Electrician Strike Group Fort McMurray Oct. 14 Journeyperson Electrician Strike Group Fort McMurray Oct. 11 ELECTRONICS [Read more]
Invico Energy Ltd.: Property Divestiture
Invico Energy Ltd. (“Invico” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of certain of its oil and natural gas interests located in Alberta and Saskatchewan (the “Properties”). The Properties consist of non-operated working interests in the Central AB, Swan Hills, Mitsue, Northern AB, and Peace River packages, and operated working interests in the Saskatchewan package. Preference will be given to offers to acquire all of the Properties in each [Read more]
Save the Date – Reservoir Characterization for Energy Security Symposium
February 4–5, 2026 The Bow Sky Garden Auditorium, Calgary The Canadian Energy Geoscience Association (CEGA) is proud to launch the Reservoir Symposium, a new biennial event dedicated to advancing knowledge, collaboration, and innovation in reservoir characterization. The 2026 theme, Reservoir Characterization for Energy Security, underscores the vital role geoscientists play in ensuring a resilient, diverse, and sustainable energy future for Canada. Energy security is about more than [Read more]
Canada Energy Regulator highlights efficiency gains and shorter decision timelines
The Canada Energy Regulator highlighted improvements in efficiency for routine applications in a LinkedIn post. It's encouraging to see the regulator focusing on efficiency and accountability. Improving how quickly and transparently decisions are made not only saves time and resources — it also strengthens trust in the regulatory system and supports responsible energy development. See below for details: [Read more]
Baytex Energy Reportedly Weighs $3 Billion Sale of U.S. Assets – Bloomberg
Canadian oil and gas producer Baytex Energy Corp. is reportedly exploring a potential exit from its U.S. operations, which could fetch as much as USD $3 billion, according to a report from Bloomberg News published this morning. Bloomberg, citing people familiar with the matter, reported that Baytex is working with advisers to evaluate strategic options for its Eagle Ford shale assets in south Texas. The process is said to be in early stages, and no final decision has been made — meaning the [Read more]