Defended and obtained favorable settlement for oilfield services company in claims for breach of contract and quantum meruit. (grayreed.com)
Australia's competition watchdog believes the planned global merger of oilfield services companies Halliburton and Baker Hughes could give the combined group, and current market leader Schlumberger, too much power. (businessnews.com.au)
• ProPetro Holding, a Midland, Texas - based oilfield services company backed by Energy Capital Partners, raised $ 350 million in an IPO by offering 25 million shares at $ 14 per share, below its expected range of $ 16 to $ 19. (fortune.com)