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Tag: Halliburton
Halliburton

Halliburton, Petroleum Ministry sign Employee Development Agreement

Posted: March 14, 2019 at 10:24 pm   /   Oil & Gas

Halliburton Company has signed a Memorandum of Understanding (MOU) with the Egyptian Ministry of Petroleum & Mineral Resources (MoP) to support a specialized development program for Egypt’s middle management and young professional employees. The MOU, which aligns with the ministry’s Oil and Gas Modernization Program, is a collaborative agreement under which Halliburton will utilize its […]

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Halliburton

El-Molla, Halliburton discuss cooperation on oil & gas marketing platform

Posted: August 5, 2018 at 8:57 pm   /   Oil & Gas

Oil Minister Tarek El Molla met with Halliburton’s President of Eastern Hemisphere Joe Rainey to discuss cooperation in setting up an electronic platform for marketing available concessions for oil and gas exploration and production, under two agreements signed back in April. Minister of Oil Tarek el-Molla on Thursday discussed co-operation over petroleum projects with Joe […]

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Halliburton

Oil Ministry wants Halliburton to advise on Egypt’s mature fields

Posted: May 25, 2018 at 1:30 pm   /   Oil & Gas

Oil Minister Tarek El Molla met with Halliburton’s Executive Vice President of Global Business, Eric Carre, on Wednesday to discuss the possibility of the company advising the ministry on strategies on further development on maturing fields, according to an Oil Ministry statement. They also discussed progress on the seismic database currently being developed to market […]

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GE seals Baker Hughes buyout deal, becomes no. 2 oilfield service provider

Posted: July 4, 2017 at 1:55 pm   /   Oil & Gas

General Electric Co on Monday completed its buyout of Baker Hughes Inc, merging it with its own oil and gas equipment and services operations to create the world’s second-largest oilfield service provider by revenue. The new company, to be called “Baker Hughes, a GE company,” will begin trading on Wednesday on the New York Stock […]

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El Molla meets with IOC delegations

Posted: February 19, 2017 at 12:06 pm   /   Oil & Gas

Petroleum Minister Tarek El Molla met with delegations from several international oil companies, including France’s Total and the French Institute of Petroleum, to discuss increasing the scope of their Egyptian investments, Al Shorouk says. Total are looking to increase investments at their North El Hammad concession, he said, while the French Institute of Petroleum are […]

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Baker Hughes outlines path for the future

Posted: May 2, 2016 at 6:49 pm   /   Oil & Gas

• To reduce costs by simplifying its organization and rationalizing its operational footprint • Commercial strategy focused on its core strengths in product innovation, while building broader channels for its technology and products • Announces plans to buy back $1.5 billion of shares and $1 billion of debt with $3.5 billion merger breakup fee • […]

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Halliburton, Baker Hughes Announce Termination of Merger Agreement

Posted: May 2, 2016 at 6:41 pm   /   Oil & Gas

Halliburton Company and Baker Hughes Incorporated announced that the companies have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. “While both companies expected the proposed merger to result in compelling benefits to shareholders, customers and other stakeholders, challenges in obtaining remaining regulatory approvals and general industry conditions that severely […]

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Halliburton introduces Spectrum Real-Time Coiled Tubing Services

Posted: March 23, 2016 at 5:13 pm   /   Oil & Gas

Halliburton’s Production Solutions business line has introduced Spectrum Real-Time Coiled Tubing Services. This suite of services is designed to deliver more accurate, more complete downhole measurements. Spectrum Real-Time Coiled Tubing Services comprises two complementary offerings: Spectrum Diagnostic Services and Spectrum Intervention Services. These services integrate Halliburton’s coiled tubing with down-hole measurement tools, fiber optic sensing […]

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