Tag Archives: Halliburton

ADIPEC 2016:August Press Release

September 12, 2016 Oil & Gas Giants Call for Industry Collaboration ahead of Flagship Abu Dhabi Energy Event Fossil Fuels to Account for 80% of Total Energy Supplies in 2035: Industry Report Abu Dhabi, UAE – xx August 2016 – Oil and gas giants are calling for greater industry collaboration and an increased focus on […]

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Schlumberger Joins Halliburton in Calling Bottom of Oil Downturn

July 21, 2016 — 3:16 PM CDT Updated on July 22, 2016 — 11:06 AM CDT 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. Schlumberger Ltd. said Thursday that the oil industry appears to have reached the […]

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Halliburton to buy Baker Hughes for about $35 Billion

By Swetha Gopinath (Reuters) – Halliburton Co said on Monday it will buy Baker Hughes Inc for about $35 billion (22.37 billion pounds) in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV as customers curb spending on falling oil prices. “Stronger in any market condition is better,” he […]

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