GO
Loading...

Schlumberger NV

More

  • Shale gas company extends exploration in Poland Tuesday, 25 Nov 2014 | 9:25 AM ET

    WARSAW, Poland— Oil and gas firm San Leon Energy is extending its licenses to explore for shale gas in northern Poland, a company official said Tuesday. According to Marcin Zieba, the head of an association of explorers in Poland, the main issue is to find the best way to efficiently release the gas from Poland's shale rocks, which are different from those in the U.S.,...

  • SOCHI, Russia, Nov 25- Russia's Gazprom Neft, the oil arm of the world's top gas producer Gazprom, agreed on Tuesday to develop Russia's Dolginskoye offshore Arctic oil field jointly with Vietnamese state energy company Petrovietnam. A Reuters correspondent at the signing ceremony also said the companies signed a deal under which Gazprom Neft will supply...

  • WILLISTON, N.D., Nov 21- Halliburton Co's $35 billion takeover of Baker Hughes Inc will create an oilfield services powerhouse in North Dakota with more than half the cementing market and a leading position in fracking, according to data seen by Reuters. The deal, announced on Monday, will help Halliburton better compete with global leader Schlumberger NV, as well...

  • *Technip offers 28 pct premium on CGG's closing price. *Technip shares down 6.5 pct, CGG up 26 pct. PARIS, Nov 20- French oil services firm CGG has rebuffed a 1.47 billion euro takeover offer from larger rival Technip, which wants to broaden the range of services it can offer cost-wary oil companies.

  • SINGAPORE, Nov 18- U.S. crude edged lower towards $75 a barrel in early Asian trade on Tuesday, as oil prices struggle to find a floor ahead of next week's critical OPEC meeting. *Venezuela's President Nicolas Maduro said on Monday that a special global meeting was being planned "very soon" between OPEC and non- OPEC nations to discuss global oil prices.

  • WASHINGTON, Nov 17- Halliburton Co will have a tough time convincing U.S. regulators to approve its $35 billion deal to buy smaller rival Baker Hughes Inc but could prevail with the right divestitures, antitrust experts said Monday. Halliburton and Baker Hughes, which have already reached out to the U.S. Department of Justice, will argue that the government...

  • Nov 17- Halliburton Co will buy Baker Hughes Inc for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV as falling oil prices threaten to erode demand. Halliburton said the offer was worth $78.62 per Baker Hughes share, based on Halliburton's closing on Nov. 12, when it was first disclosed that the...

  • Halliburton pounces on Baker Hughes Monday, 17 Nov 2014 | 7:15 AM ET

    NEW YORK— In a deal that shows just how quickly falling prices can upend the energy industry, Halliburton is buying rival oilfield services company Baker Hughes for cash and stock worth $34.6 billion. That has forced the industry to cut costs by delaying or scaling back drilling— which means less work for Halliburton and Baker Hughes, companies that manage oil...

  • Baker Hughes: Halliburton aims to replace board Friday, 14 Nov 2014 | 10:07 PM ET

    HOUSTON— Oilfield-services company Baker Hughes Inc. said Friday that rival Halliburton Co. plans to nominate candidates to replace the entire board of directors of Baker Hughes after negotiations about a possible acquisition stalled. Baker Hughes said that Halliburton has refused to raise its first and only offer to buy it, which the Baker Hughes board...

  • Nov 14- Oilfield services provider Halliburton Co is seeking to replace the board of smaller peer Baker Hughes Inc, as merger talks between the companies stalled. Baker Hughes said late on Friday that it had rejected Halliburton's initial proposal, which was made more than a month ago, in a deal that would create $2 billion in synergies after divestitures.

  • NEW YORK, Nov 14- Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said. The Baker Hughes/ Halliburton talks have stalled after the companies weren't able to agree on issues including...

  • Nov 14- Oilfield services provider Halliburton Co is mulling a hostile bid for smaller peer Baker Hughes Inc after the latter pulled out of talks on Friday, two people familiar with the discussions said. Halliburton first approached Baker Hughes more than a month ago and considered making an unsolicited bid because Baker Hughes was reluctant to engage, a third...

  • Nov 14- The proposed merger of oilfield service companies Halliburton Co and Baker Hughes Inc would create a serious challenger to Schlumberger NV in international markets and cement the two companies' dominance in North America. A combined Halliburton-Baker Hughes would have combined revenue of about $52 billion, based on 2013 results, outstripping...

  • HOUSTON/ NEW YORK Nov 13- Oilfield services provider Baker Hughes Inc said on Thursday it is in preliminary merger talks with its larger rival Halliburton Co, though any potential deal would likely face antitrust concerns. Two people familiar with the matter, who spoke on condition of anonymity, said Halliburton was looking to buy Baker Hughes, in what would be...

  • Nov 13- Oilfield services provider Halliburton Co and rival Baker Hughes Inc are in preliminary talks on a potential merger, Baker Hughes said in a statement on Thursday. The statement said the discussions "may or may not lead to any transaction" but two people familiar with the matter said Halliburton was in talks to buy Baker Hughes. "Baker Hughes Incorporated...

  • Nov 13- Oilfield services provider Halliburton Co is in talks to buy rival Baker Hughes Inc, a person familiar with the matter said on Thursday, but any potential deal could run into antitrust concerns. Officials at Baker Hughes and Halliburton, both based in Houston, declined to comment on the talks, which were first reported by Dow Jones and in The Wall Street...

  • The unexpected risks of oil's sharp decline Thursday, 13 Nov 2014 | 4:58 PM ET
    Orion Drilling's Perseus drilling rig near Encinal in Webb County, Texas.

    On Thursday, again, the price of oil tumbled with the spot price slipping below $75 a barrel; that’s a four-year low.

  • Nov 13- Oilfield services provider Halliburton Co is in talks to buy rival Baker Hughes Inc, Dow Jones reported on Thursday, citing unidentified sources. Baker Hughes declined to comment while Halliburton representatives could not immediately be reached for comment. Baker Hughes shares were halted in New York Stock Exchange trading due to volatility.

  • Letter from North Dakota: The Oil Party Rocks On Thursday, 13 Nov 2014 | 12:06 PM ET

    WILLISTON, N.D., Nov 13- Falling oil prices have spooked Wall Street and even parts of Texas. But in North Dakota's booming oil patch, the crude-fueled party carries on. "The oil price drop is a topic of discussion here," said Joel Lundeen, an owner of The Bakken Club, a $5,000 initiation fee dining establishment in Williston, the de facto capital of the state's oil boom "But...

  • Lightning Round: Diamond Offshore, Melco Crown & more Thursday, 30 Oct 2014 | 7:35 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.