Baker Hughes rig count continues to climb in US, slides in Canada
Baker Hughes rig count continued to climb in the US.
Baker Hughes
Baker Hughes reinforces commitment to 10K after building closure plans
Baker Hughes has reinforced its commitment to its annual 10k marathon after it emerged the US firm was closing at least one of its buildings in Aberdeen while consolidating other facilities.
US has highest weekly rig increase in t two years
The US has posted the highest weekly natural gas rig count in two years, according to Baker Hughes.
Exclusive: Baker Hughes to close Aberdeen base, consolidating North Sea facilities
Baker Hughes has put one of its Aberdeen premises up for sale.
Baker Hughes rig count makes major boost
Baker Hughes rig count recorded an increase of 37 week-on-week.
Ardyne hires big-hitter from Baker Hughes
Fledgling energy service company Ardyne, of Aberdeen, has lured oil and gas industry-heavyweight Jochem Scherpenisse from Baker Hughes.
Union steps up strike action in Norway, claims drilling operations affected
A Norwegian trade union has said it would step up strike action among oil service workers, a news report said.
Baker Hughes rig count continues to climb
The Baker Hughes rig count posted another week of growth.
Intelligent Energy 2016: If you’re going to fail, do it quickly, Baker Hughes scientist says
If you must fail, do it quickly.
Baker Hughes introduces 5% pay cut for US staff
Baker Hughes is said to be cutting its pay for US workers by 5% in a bid to reduce costs and lessen the need for additional job reductions.
US rig count on the rise, Canada down, says Baker Hughes
The Us rig count was up eight week-on-week to 497, according to the latest figures from Baker Hughes.
Rig count continues climb, according to Baker Hughes
US rig count has continued its climb, according to data from Baker Hughes.
US rig count down to nearly half of last year’s total
US rig count is sitting at about half of last year’s total, according to Baker Hughes data.
Baker Hughes reports $911mln loss
Baker Hughes has reported a loss of $911million for the second quarter of the year.
Schlumberger joins Halliburton in calling bottom of oil downturn
The world’s two largest providers of oilfield drilling and fracking services have now declared that the worst may be over in the two-year-old oil market crash.
Halliburton counts the cost of aborted takeover, cuts 5,000 more jobs
The penalty of pulling out of its takeover of rival Baker Hughes plunged energy services giant Halliburton deep into the red during the second quarter.
Halliburton posts quarterly loss of $3.5mln on failed Baker Hughes merger
Halliburton has posted a quarterly loss after being hit by a $3.5billion fee it paid to terminating its deal to buy Baker Hughes.
Baker Hughes to make job cuts in Aberdeen
An oil field services firm is to make dozens of job cuts in Aberdeen, it can be revealed today.
Oil extends losses as US rigs drilling for crude rise 2nd week
Crude fell a third day after the number of rigs drilling for oil in the U.S. rose for a second week.
Africa offshore drilling at six-year low as explorers curb quest
US explorers aren’t the only ones idling rigs as sub-$50 crude forces oil and gas drillers in Africa to slow their search for new reserves.
Baker plans to buy back $2.5billion of shares and debt
Baker Hughes has said it plans to buy back $1.5billion of shares and $1billion of debt using the breakup fee it will receive following the collapse of its proposed buyout by Halliburton.
Halliburton and Baker Hughes call off $28billion merger
Halliburton Co. and Baker Hughes Inc. called off their $28 billion merger, which has met stiff antitrust resistance from regulators in the U.S. and Europe.
Baker Hughes expects US rig count to stabilise, reports drop in profits
Baker Hughes said it expects the US rig count will begin to stabilise in the second half of the year, while the rig count globally will drop steadily through the year.
EU regulators look again at Halliburton/Baker merger
Halliburton acquisition of Baker Hughes (BHI.N), a deal which US authorities say is uncompetitive, is being looked at again by EU competition regulators.
GE’s oil unit seen finding `missing piece’ with Baker Hughes
General Electric Co. could become one of the top players in the oil services and equipment industry if it decides to bid for Baker Hughes Inc.