Saturday 1 August 2015
 
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Baker Hughes

Baker Hughes wins Norway drilling contract

Norway's oil and gas firm Statoil said on Monday it has awarded Baker Hughes a 1.5 billion Norwegian crown ($187.20 million) contract for integrated drilling services at Johan Sverdrup field. The contract is valid for six year

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Baker Hughes wins Norway drilling contract

Norway's oil and gas firm Statoil said on Monday it has awarded Baker Hughes a 1.5 billion Norwegian crown ($187.20 million) contract for integrated drilling services at Johan Sverdrup field. The contract is valid for six year

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Baker Hughes, Halliburton set for key merger

Shareholders on Friday voted to approve the mergers of rival oilfield services firms Baker Hughes and Halliburton, bringing the proposed deal that still lacks regulatory approvals a step closer to finalisation. Halliburton shareho

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Halliburton to buy Baker Hughes for $35 billion

Halliburton said on Monday it will buy Baker Hughes Inc for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV as customers curb spending on falling oil prices. Hal

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Halliburton to buy Baker Hughes for $35 billion

Halliburton said on Monday it will buy Baker Hughes Inc for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV as customers curb spending on falling oil prices. Hal

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Middle East leads drilling boom

Drilling for oil and gas deposits outside North America has hit the highest level in three decades, led by big exploration and production programmes in the Middle East and Africa. More than 1,300 drilling rigs have been operating

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Increased activity boosts oilfield firms' profits

Increased oilfield activity in US offshore waters and overseas gave a bigger-than-expected lift to profits at Schlumberger and Baker Hughes, marking a clear divide with struggling smaller US oil services firms.  

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Baker Hughes opens research centre in Dhahran

The Baker Hughes Dhahran Research and Technology Center opened yesterday with a focus new technologies to unlock the potential of unconventional resources. The newly constructed, world-class centre is the result of years of planning and a

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Baker Hughes gets $640m Iraqi drilling deal

Iraq awarded a $640 million deal to US oil service company Baker Hughes to drill 60 wells in the southern Zubair oilfield, a government spokesman said on Tuesday. The Iraqi cabinet approved the Oil Ministry's request to award the three-yea

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Baker Hughes launches waste recycling unit

Baker Hughes has launched its mobile and portable onshore waste facility that offers operators a one-stop solution to processing a wide range of drilling fluids and solids in close proximity to shale formations. The new Eco-Centre CR elimi

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