Halliburton | Egypt Oil & Gas - Part 5
Halliburton Joins Schlumberger in Cutting Venezuelan Activity
Halliburton, the world’s second-largest oil services provider, has joined rival Schlumberger in curbing activity in Venezuela due to lack of payment during the oil industry’s worst financial crisis.
Halliburton, Baker Hughes $28b Merger Deal Fails
Oilfield services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28b merger deal after opposition from US and European antitrust regulators.
Sadara to Produce Specialty Chemicals for Region
The Sadara Chemical Company (Sadara) in Saudi Arabia said that its chemical complex in Jubail Industrial City II is more than 97% complete.
Halliburton Faces More Questioning Over Acquisition of Baker Hughes
Oil services giant Halliburton is facing more questioning from the US Justice Department over the potential acquisition of rival Baker Hughes, reported the Houston Chronicle. Nigerian Oil Union Stops Halliburton Operation Due to Job Cuts
Nigeria's main oil union has shut down the local operations of U.S. oilfield services provider Halliburton Co in protest against job cuts, the trade body said on Tuesday. Oil Service Giant Halliburton Beats Earnings Estimates
Halliburton Co. beat analysts’ estimates and accelerated the pace of job cuts ahead of a planned $34.6 billion takeover of Baker Hughes Inc.
Baker Hughes, Halliburton Issue Joint Proxy Statement
Halliburton and Baker Hughes have issued a joint proxy statement/prospectus relating to the merger of Baker Hughes into a wholly owned subsidiary of Halliburton. Halliburton to Cut 5,000 Jobs
Oil and gas drilling services company Halliburton says it will eliminate at least 5,000 jobs in response to falling oil prices.
