•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    Baker Hughes to undergo another round of job cuts

    Baker Hughes Inc. sent a letter to the Texas Workforce Commission on October 4 as notification of additional job cuts to its Houston office. 

    In December, the company expects to cut 62 jobs, mostly financial, as part of an ongoing company reorganization. The jobs affected are mostly financial, and include accounting clerks and credit analysts.

    The company is in the process of a reorganization that started early in the year when it announced it would let go of nearly 3,000 employees. Then, in August, the company announced its plans to merge with BJ Services in a $5.5 billion transaction.

    Related Articles

    Texas running one-quarter of all drilling rigs

    06/30/2014 With 889 rigs currently operating, Texas is running 47% of the 1,873 drilling rigs currently operating within the US, according to Baker Hughes data published June 26.

    Litigator’s thoughts on Schlumberger trade secret case

    06/13/2014 On June 10, 2014 Schlumberger Technology Corp. filed suit against a newly hired vice president of “pressure pumping” at Baker Hughes for, among other things, stealing trade secrets. Burleson partne...

    Baker Hughes to divulge hydraulic fracturing chemicals

    04/28/2014

    Baker Hughes Inc. plans to reveal the chemicals involved in the company’s hydraulic fracturing process used in its shale operations.

    Baker Hughes reports on September rig counts

    10/08/2013 Baker Hughes Inc. reports that the international rig count for September was 1,284, up 17 from the 1,267 counted in August, and up 30 from the 1,254 counted in September 2012.

    FMC Technologies appoints two new members to board of directors

    08/12/2013 FMC Technologies Inc. has appointed Clarence P. Cazalot Jr., executive chairman of Marathon Oil Corp., and Peter Mellbye, former executive vice president of development and production of Statoil AS...

    More Oil & Gas Financial Articles

    Texas running one-quarter of all drilling rigs

    Mon, Jun 30, 2014

    With 889 rigs currently operating, Texas is running 47% of the 1,873 drilling rigs currently operating within the US, according to Baker Hughes data published June 26.

    Litigator’s thoughts on Schlumberger trade secret case

    Fri, Jun 13, 2014

    On June 10, 2014 Schlumberger Technology Corp. filed suit against a newly hired vice president of “pressure pumping” at Baker Hughes for, among other things, stealing trade secrets. Burleson partner Burton shares his thoughts on the case.

    Baker Hughes to divulge hydraulic fracturing chemicals

    Mon, Apr 28, 2014

    Baker Hughes Inc. plans to reveal the chemicals involved in the company’s hydraulic fracturing process used in its shale operations.

    Baker Hughes reports on September rig counts

    Tue, Oct 8, 2013

    Baker Hughes Inc. reports that the international rig count for September was 1,284, up 17 from the 1,267 counted in August, and up 30 from the 1,254 counted in September 2012.

    FMC Technologies appoints two new members to board of directors

    Mon, Aug 12, 2013

    FMC Technologies Inc. has appointed Clarence P. Cazalot Jr., executive chairman of Marathon Oil Corp., and Peter Mellbye, former executive vice president of development and production of Statoil ASA, to the company’s board of directors.

    Most Popular

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ