Sentences with phrase «from oilfield service»

In the U.S., shale explorers have focused on the most productive parts of their land, drilled faster and better wells there and negotiated lower prices from oilfield service companies.

Not exact matches

Costs for everything from skilled workers and drilling contracts to steel, raw materials, seismic surveys, engineering and a host of other oilfield services are pro-cyclical.

Rock Oil suffered along with other oilfield services firms from the downturn in drilling in its home province in recent years.

Sinking crude prices hit oilfield services provider Baker Hughes early this year, and it subsequently cut 7,000 employees from its payroll.

The oilfield services company announced this week that it would cut 2,000 employees from its North American work force, and will stop paying dividends to shareholders, citing difficult market conditions.

McDermott International — The oilfield services company rejected a $ 7 per share takeover bid from Norwegian peer Subsea 7, according to a statement from Subsea 7 this morning.

In a letter to some 2,000 remaining employees (down from 4,300 in 2014), CEO Darin MacDonald announced the family - owned oilfield services company was entering creditor protection and selling two divisions — along with his own resignation.

As mentioned earlier, energy equities decoupled from physical oil prices and sold off, including a steep decline of nearly 9 % for oilfield services industry equities, a recent trend that is somewhat difficult to fully explain.1

The overall U.S. rig count now sits at 789, up 313 rigs from this time last year when the count stood at 476, the Houston - based oilfield services provider said.

Most recently he served as Chairman of the Board, President and Chief Executive Officer of Baker Hughes Incorporated, an oilfield services company, from August 2000 until his retirement in October 2004.

A recent IMR International report published by consultant, Dennis Seisun, notes the situation on guar gum remains critical for food buyers, with oilfield service companies getting priority from suppliers.

He said after the Derbythat he spent from 1995 to 2005 in Alaska working for Veco, his father's oilfield service company.

From the President who has refused to act on investigative reports submitted to him on grievous allegations of diverting over a billion naira meant for resettlement of Internal Displaced Persons (IDPs) by the Secretary to the Government of the Federation, Babachir Lawal under the Presidential Initiative for the North East (PINE) and the miraculous discovery of 13billion naira in an apartment at Ikoyi, Lagos under the supervision of the Director of the Nigerian Intelligence Agency (NIA), Ayodele Oke, to the Head of Service of the Federation, Oyo - Ita Winifred Ekanem, who connived with others to reinstate into active duty and promote Abdulrasheed Maina, the former Chairman of the Pension Reform Task Team, who allegedly stole over 6billion naira pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers State.

Schlumberger, a leading oilfield services company, has acquired Raytheon's technology for the extraction of oil from oil shale and oil sands.

From the article:...... Halliburton, the world's No. 2 oilfield services provider, reported a better - than - expected quarterly profit, helped by buoyant shale drilling activity in North America.

Investigation of criminal spear - phishing attack used to steal funds from public oilfield services technology company; direct forensic investigation of attack; counsel client on disclosure obligations and remediation efforts.

In 1979 he was tapped to start the legal department of Stewart & Stevenson Services, a newly public manufacturer and distributor of industrial, oilfield, military and power generation equipment, where he remained to oversee all legal aspects of the company as it grew from $ 300 million to over $ 1 billion in revenue.

Earlier this month, in the case of Essar Oilfields Services v Norscot Rig Management [2016], the tribunal took the unprecedented step of allowing the claimant to recover the cost of its third - party funding arrangement from the opponent.

Members of the Haynes and Boone Oilfield Services Practice Group understand the needs of oilfield service companies, recognize industry practice risk allocation and represent industry leaders ranging from large multi-national conglomerates to more specialized companies serving a national or local market.

Led from Calgary, with significant capacity in Edmonton and Vancouver, DLA Piper (Canada) LLP's oil and gas practice acts for a wide range of exploration and production players, oilfield service companies and other stakeholders in a broad range of regulatory and transactional matters.

With diverse clients ranging from E&P companies and oilfield service providers to product manufacturers and homebuilders, Gabe knows how to find the right solution for disputes involving a broad range of issues, including breach of contract, fraud, fiduciary duty, construction defects, liens, premises liability and indemnity.

Second, I found it extremely ironic that after he had creditor proofed the approximately $ 4 million proceeds from the sale of his oilfield service company through an offshore financial arrangement, the only leverage the Justice had over him was the fact that he had earlier sold a $ 100,000 motorhome in contravention of an old, nearly forgotten, preservation order.

She highlights that her contribution comes from a cost saving aspect: «I think it's very important to save hundreds, even thousands in legal fees, which is strategic to our oilfield services segment at this time.

Along with proofreading your document for grammatical and spelling errors, you should stay away from some other resume mistakes that can plague oilfield services managers.