All publications by tag «HUGHES»
2015, May, 11, 15:00:00
U.S. RIGS DOWN 11
U.S. Rig Count is down 11 rigs from last week to 894, with oil rigs down 11 to 668, gas rigs down 1 to 221, and miscellaneous rigs up 1 to 5.
2015, April, 24, 22:30:00
U.S. RIGS WILL DOWN
Baker Hughes Inc (BHI.N), which is being bought by Halliburton Co (HAL.N) for $35 billion, said it expects "unfavorable market conditions" to persist in the second quarter as drillers turn off more rigs, intensifying a glut in oilfield services.
2015, April, 24, 21:45:00
BAKER HUGHES Q1 2015 RESULTS
Revenue for the first quarter of 2015 was $4.6 billion, down 20% compared to the first quarter of 2014.
2015, March, 29, 14:55:00
HALLIBURTON & BAKER HUGHES MERGER
Halliburton shareholders have overwhelmingly approved the company’s long-awaited merger with Baker Hughes. Baker Hughes also announced on Friday that its stockholders adopted the merger agreement, thereby approving the merger. Each company held their own special meetings Friday morning.
2015, January, 31, 15:55:00
U.S.: 90 RIGS DOWN
The US drilling rig count plunged 90 units—a majority of which were in Texas—to settle at 1,543 rigs working during the week ended Jan. 30, Baker Hughes Inc. reported.
2015, January, 21, 19:55:00
BAKER HUGHES: 7,000 WORKERS OUT
Oil services company Baker Hughes Inc. has said that it will lay off about 7,000 workers as it prepares for a downturn.
2015, January, 21, 19:40:00
U.S. DRILLING SLOWDOWN
Oil drilling in the United States will continue to fall in the first half of this year, and could even halve, according to major oil service companies looking to past slowdowns as a guide.
2014, December, 3, 21:20:00
SCHLUMBERGER CUTS FLEET
Schlumberger , the world’s largest oil services group, is cutting back its fleet for offshore geological surveys and taking an $800m writedown on the value of its ships, in the first significant cutback in the industry following the recent fall in crude prices.
2014, November, 22, 17:50:00
OIL M&A: LIFE OR DEATH
Cheap takeover targets in bombed-out sectors of the market have driven M&A activity to seven-year highs in 2014, with oil and gas sector deals coming in at a rate not seen on records going back to the 1970s
2014, November, 16, 11:40:00
HALLIBURTON & BAKER HUGHES DEAL
Two of the biggest oilfield services companies, Halliburton and Baker Hughes, are discussing a merger that would help both companies fend off falling oil prices