Tagged Halliburton

Marcellus & Utica Shale Story Links: Wed, Jul 12, 2017

The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: PA PUC’s Coleman gets reappointed for another 5-year term; US largest clean coal plant turns to natgas; Halliburton hiring 100 per month in Texas; states & cities can’t uphold Paris climate agreement on their own–it’s illegal; US…

Trump DOJ Blesses GE Takeover of Baker Hughes, Merging Soon

During the Obama reign of terror, the world’s #2 largest oilfield services company, Halliburton, tried to buy the world’s #3 largest oilfield services company, Baker Hughes. The Obama Dept. of Justice (DOJ) killed that deal (see Obama DOJ Kills Halliburton/Baker Hughes Merger, Deal “Terminated”). It was a costly mistake for Halliburton–they had to pay Baker…

Halliburton Hires New CFO After Old CFO Left to Run Weatherford

In March, Mark McCollum, who had been Chief Financial Officer (CFO) of Halliburton, the world’s second largest oilfield services company, left to become the CEO of Weatherford, the world’s fourth largest oilfield services company (see Halliburton CFO Leaves to Become Weatherford CEO). Not long after McCollum took the helm of Weatherford, the world’s largest oilfield…

Europe Approves GE Takeover of Baker Hughes, Co Gets a New Name

Last October, MDN brought you the news that Baker Hughes, the world’s third largest oilfield services company, had struck a deal to combine/merge with/sell itself to GE’s oil and gas business (see Breaking: Who Needs Halliburton? Baker Hughes Merging with GE O&G). The deal, according to the Wall Street Journal, will result in a new…

Halliburton CEO Dave Lesar Out, President Jeff Miller Promoted

There’s a shakeup at the top of the world’s second largest oilfield services company, Halliburton. Dave Lesar has been Halliburton’s chairman and CEO since 2000 when he replaced Dick Cheney (when Cheney was nominated to become Vice President of the United States). Lesar is retiring effective next week and being replaced by the company’s current…

Utica shale industry needs workers

In the next 18 months, workforce demand will skyrocket with companies like Ascent, Halliburton, Marathon Petroleum and Momentum hiring workers. The post Utica shale industry needs workers appeared first on Shale Gas Reporter. Continue Reading: Shale Gas Reporter

Halliburton adds 2,000 U.S. oil-field jobs

The additional jobs and increased activity are part of Halliburton’s overall effort to build a better position for the future. The post Halliburton adds 2,000 U.S. oil-field jobs appeared first on Shale Gas Reporter. Continue Reading: Shale Gas Reporter

Schlumberger Throws Weatherford a Lifeline, Challenges Halliburton

Schlumberger is the world’s largest oilfield services (OFS) company. Weatherford International is the world’s fourth largest OFS company. They both have operations in the Marcellus/Utica region. We’ve posted a number of stories about Weatherford’s financial troubles–and seemingly inevitable march toward bankruptcy (see our stories here). However, Weatherford may have just gotten a reprieve from its…

Halliburton Rehires 2K, Says “Animal Spirits are Back” in US Land

In a “hasty” and “rare” operations call last Friday, Halliburton, the world’s second largest oilfield services (OFS) company, offered up some interesting comments. The call was apparently an attempt to blunt the coming news that the company will likely miss analyst’s expectations for profit/loss and dividends, due to rising costs and weak demand in international…

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