Halliburton | Egypt Oil & Gas - Part 8
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. According to the report, the US government... 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. Tokunbo Korodo, Lagos chairman for the N...
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. Excluding certain items, the world’s second-biggest provider of oilfield ser...
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. According to the document, when the merger is completed... 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. The Houston company says it will lay off between 6.5-8% of its staff, which represents 5,...
Halliburton Files Protest Against BP Oil Spill Settlement
Halliburton Co. objects to BP PLC’s proposed $7.8 billion settlement with individual plaintiffs for the oil giant’s involvement in the Deepwater Horizon oil rig disaster, according to court documents filed... Judge: BP Must Cover Some Halliburton Damages for Macondo
U.S. District Judge Carl Barbier on Tuesday upheld Halliburton’s claim that its contract with BP requires BP to defend and indemnify Halliburton against any and all claims related to a blowout or uncontrolled we... 
