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Weatherford is by no means finished with this process and still needs to prove that it can maintain its leadership in areas like tubular running, cementation, and artificial lift as well as improve operations like pressure pumping. Even so, and
Halliburton Co , the world's No.2 oilfield services provider, reported a better-than-expected 10 percent rise in quarterly revenue, signaling an industry-wide recovery in the region after a two-year slump. Halliburton's shares rose 1.5 percent in
Baker Hughes Incorporated ( BHI ) will report results for the second quarter of its 2014 fiscal year (2QFY14; ended June 30) before the opening bell tomorrow. The Houston, Texas-based company is expected to report strong numbers on the back of higher
have recently got a boost following the company's investor conference, where Schlumberger outlined impressive growth targets for the next few years...Will Halliburton and Baker Hughes be able to close the gap with their bigger rival? Schlumberger
Over the last decade, the billions of dollars that were spent on oil exploration and production could not justify the meager growth in global oil production. In an investor presentation in March, Schlumberger CEO categorically states that while the
Far be it from us to offer tips to Warren Buffett, the most celebrated stock picker of his age, but here goes: The Oracle of Omaha has suggested he will hunt for his next "elephant" - his favorite word for big acquisitions -- among energy companies...
May, bringing together industry visionaries to share the latest trends, best practices and applications in engineering simulation. Customer speakers from such industry leaders as Ford, Baker Hughes, Tetra Pak, Infiniti Red Bull Racing, Astrobotic
Oil services company Baker Hughes said it could disclose the ingredients of hydraulic fracturing fluids without comprising trade secrets. Energy companies have been reluctant to disclose all of the chemicals used during hydraulic fracturing.
A major supplier to the oil and gas industry says it will begin disclosing 100 percent of the chemicals used in hydraulic fracturing fluid, with no exemptions for trade secrets. The move by Baker Hughes of Houston is a shift for a major firm; it's
Oil services company Baker Hughes said Tuesday it formed an alliance with energy contractor Aker Solutions to improve recovery rates from offshore fields. A non-incorporated alliance will bring the two companies together in an effort to increase