UK ‘committing suicide economically’ over North Sea policies, Hunting CEO says
Hunting CEO Jim Johnson sees strong growth for the 150-year-old firm in South America and the Middle East, but his outlook is less positive for the UK.
Jim Johnson
Hunting tops earning projections on ‘record’ orderbook
Hunting beat its earnings expectations in full-year 2023, as high activity in the Middle East and offshore South America saw orders grow to record levels.
Hunting looks to debt-free diversification in pursuit of $2bn target
Following solid Q3 results oilfield supply chain firm Hunting is looking to M&A and global subsea growth to help reach a $2bn revenue target by the end of the decade.
Active Americas market helps drive “robust” H1 for Hunting
Hunting says half-year performance has been “ahead of expectations” as activity across international markets remain strong.
Hunting reduces headcount by 34% since start of 2020
Hunting will exit 2020 with fewer than 2,000 employees, a reduction of 34% since the start of the year.
Hunting cuts global workforce by 30% since start of year in response to ‘challenging environment’
International energy services provider Hunting has made further job losses as it continues to battle the dual impact of the Covid-19 pandemic and the oil price slump.