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Oxy strengthens board, adds former Schlumberger CEO
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oilfield services firm

  • Joe Barone, Shale Directories
  • Blog
  • January 3, 2020

Oxy strengthens board, adds former Schlumberger CEO

Occidental Petroleum added to its board of directors Thursday with the appointment of a former Schlumberger CEO, as Oxy looks to score points with its shareholders after risking its future to buy Anadarko Petroleum for $38 billion in 2019.
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  • Joe Barone, Shale Directories
  • Blog
  • November 4, 2019

Weatherford inks 2 pacts in Russia valued at $67M

Oilfield services firm Weatherford International Plc last week announced it’s signed two contracts totaling $67.4 million for drilling services with two unnamed operators in Russia, Kallanish Energy reports.
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  • Joe Barone, Shale Directories
  • Blog
  • September 11, 2019

GE’s voting share in Bhge dropping below 50%

Baker Hughes, a GE company (Bhge) announced Tuesday General Electric and its GE Oil & Gas US Holdings I, GE Holdings (US), and GE Oil & Gas US Holdings IV units have begun a secondary offering of 105 million shares of Bhge Class A common stock.
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  • Joe Barone, Shale Directories
  • Blog
  • July 23, 2019

Halliburton profit plunges 85% on charges

Oilfield services firm Halliburton on Monday said it cut 8% of its North American workforce as it took fleets of hydraulic fracturing equipment from the field in response to a continued slump in demand for fracking services in the U.S.
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