Company & People on the Move News

Halliburton gets EU request for added data, complies with DOJ’s second request

Halliburton Co. (NYSE: HAL) has certified “substantial compliance” with the United States Department of Justice’s request for additional information regarding its pending merger with Baker Hughes.&...

ADTI team joins well contractor Exceed

Well management specialist Exceed has taken on eight former senior staff from Applied Drilling Technology International. 

Trapoil set to acquire fellow UK independent

Trapoil (AIM: TRAP) has agreed to acquire the entire share capital of Jersey Oil and Gas E&P. 

Shell cuts near-term spending, looks to BG merger for longer-term improvements

Shell is looking toward the BG Group merger for future progress while cutting spending in the near term in response to oil price declines.

Otakikpo project offshore Nigeria scheduled for 3Q start-up

Lekoil has issued an update regarding operational activity at the Otakikpo marginal field.

Halliburton, BHI increase workforce size reduction estimates

While the merger of the two still is pending, both Halliburton and Baker Hughes are laying off more employees than predicted in response to the industry slowdown from lower oil prices.

Oceaneering exits BOP business

In its 2Q 2015 earnings report, Oceaneering International Inc. announced that it had ceased manufacturing subsea BOP control systems. 

SMD delivers ROVs to COOEC

COOEC Subsea Technology has taken delivery of three SMD Quantum Work Class ROVs.

Enterprise completes sale to Genesis

Enterprise Products Partners LP has closed on the sale of its offshore Gulf of Mexico pipelines and services business. 

Sky-Futures launches drone service to inspect, monitor offshore North Sea assets

Sky-Futures has launched two new services designed to inspect and monitor offshore installations in the North Sea: the Rapid Response Service and the Safety Overwatch Service.

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