Tag: Baker Hughes

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Halliburton And Baker Hughes Cancel Merger Deal

The deal, announced in November 2014, foresaw a $34.6 billion takeover by Halliburton of its rival, creating a powerful competitor to global industry leader...

US rig sum falls to a record low 1999

Baker Hughes, one of the world's largest oil field services companies, said the number of oil rigs fell by six to 386 last week,...

Low Oil prices cause US to lose more oil rigs

Data released by Baker Hughes, one of the world's largest oilfield services companies, showed Friday that the number of oil rigs drilling for crude...

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