Search results for: Dave Baker

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  • 24 February 2015
    Business & Finance

    INTECSEA has announced the appointment of Dave Baker as Director of its UK operations. Baker, who officially joins INTECSEA in April 2015, has extensive global experience and brings with him over 35 years of industry knowledge and expertise, the company said in the press release. Previously with JP Kenny, most recently as Managing Director, Baker […]

  • 24 February 2015
    Business & Finance, Equipment

    INTECSEA, a deepwater engineering and project management company, has appointed Dave Baker as Director of its UK operations. Baker, who officially joins INTECSEA in April 2015, brings with him over 35 years of industry knowledge and expertise. Previously with JP Kenny, most recently as Managing Director, Baker is well known in the oil and gas […]

  • 4 July 2016
    Business & Finance

    Halliburton, one of the world’s biggest providers of oilfield services, has said Mark McCollum will resume his role as Executive Vice President and Chief Financial Officer “effective immediately.” Mark McCollum will continue reporting to Dave Lesar, Chairman and Chief Executive Officer of Halliburton, and will remain a member of the company’s Executive Committee. To remind, in […]

  • 30 March 2015
    Business & Finance

    Halliburton Company has announced that its stockholders approved Halliburton’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes Incorporated. In addition, Baker Hughes has announced that its stockholders adopted the merger agreement and thereby approved the proposed combination of the two companies. Each company’s special meeting was […]

  • 5 December 2014
    Business & Finance, Operations & Maintenance

    Halliburton’s Board of Directors has appointed Executive Vice President and Chief Financial Officer Mark McCollum to the new role of Executive Vice President and Chief Integration Officer. In this capacity, he will serve as head of the Joint Integration Team that Halliburton and Baker Hughes Incorporated are assembling in connection with Halliburton’s pending acquisition of […]

  • 5 December 2014

    Halliburton’s Board of Directors named the members of the Joint Integration Team.

  • 5 December 2014
    Business & Finance, Equipment

    Halliburton’s Board of Directors has appointed Executive Vice President and Chief Financial Officer Mark McCollum to the new role of Executive Vice President and Chief Integration Officer. In this capacity, he will serve as head of the Joint Integration Team that Halliburton and Baker Hughes Incorporated are assembling in connection with Halliburton’s pending acquisition of Baker […]

  • 2 May 2016
    Business & Finance, Equipment

    Halliburton and Baker Hughes have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. In connection with the termination of the merger agreement, Halliburton will pay Baker Hughes the termination fee of $3.5 billion by Wednesday, May 4, 2016. To remind, the U.S. Department of Justice filed a civil antitrust […]

  • 11 February 2015
    Business & Finance, Equipment, Operations & Maintenance

    The second-largest oilfield services company, Halliburton, has confirmed it will lay off up to 8 percent of the company’s 80,000 global workforce. It is anticipated that somewhere between 5200 and 6400 jobs will be cut, as yet another company falls victim to tumbling oil prices. In an email statement for Subsea World News the company […]

  • 2 May 2016

    By Mike Stone (Reuters) – Oilfield services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28 billion (19 billion pounds) merger deal on Sunday after opposition from U.S. and European antitrust regulators. The tie-up would have brought together the world’s No. 2 and No. 3 oil services companies, raising […]

  • 25 January 2016

    Halliburton’s total revenue in the fourth quarter of 2015 was $5.1 billion, compared to $5.6 billion in the third quarter of 2015. The company posted a net loss for the quarter of 26 million, compared to a gain of $ 905 million in the corresponding quarter of 2014. As a result of the downturn in […]

  • 17 November 2014
    Business & Finance, Project & Tenders

    Halliburton Company and Baker Hughes Incorporated today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share, representing an equity value of $34.6 billion and enterprise value of $38.0 billion, based on Halliburton’s […]

  • 20 July 2016

    Halliburton, one of the world’s largest oilfield services providers, on Wednesday posted a loss for the second quarter of 2016, compared to a year-earlier profit, impacted by a failed merger with its rival Baker Hughes.  The company swung to a $3.21 billion loss in the second quarter of 2016, versus a profit of $54 million in […]

  • 28 September 2012

    After the contractor rooted up parts of a vehicle from the Mississippi riverfront in Keokuk, the dredging project was halted. “We called in the Keokuk Emergency Volunteer Corps,” said Keokuk Police Chief Dave Hinton. “Their divers located a car, but they couldn’t get anything hooked on because it was buried in sediment. The divers showed […]

  • 4 July 2016

    Oil and gas industry services provider, Halliburton, recently said Mark McCollum, will resume his role as executive vice president and chief financial officer effective immediately.

  • 8 May 2014
    Business & Finance, Equipment, Technology

    Michigan Congressman Bill Huizenga (R) has been named 2014 Great Lakes Legislator of the Year by the largest labor/management coalition representing workers and industries dependent on shipping on America’s Fourth Sea Coast. The award is presented annually by the Great Lakes Maritime Task Force (GLMTF) to a legislator who has helped advance shipping on the […]

  • 26 April 2016

    Halliburton, the world’s second largest oilfield services provider, laid off six thousand workers in the first quarter of 2016. The company’s CEO Dave Lesar, said Halliburton was responding to the reality of the market, and “force-fit our employee headcount to available.” Lesar said: “This provides sustainable structural savings without compromising our ability to add personnel to […]

  • 19 October 2015
    Business & Finance

    Halliburton, world’s second largest oilfield services provider, behind Schlumberger, on Monday reported its third quarter revenue fell to $5.58 billion, down from $8.7 billion a year ago. The company recorded a net loss of $54 million, versus a net profit of $1.2 billion a year ago. Furthermore, Halliburton recorded $381 million in impairments and other […]

  • 2 May 2016

    Following a series of regulatory hurdles, the world’s second and third biggest oilfield services providers, Halliburton and Baker Hughes, have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. In connection with the termination of the merger agreement, Halliburton said it would pay Baker Hughes the termination fee of $3.5 billion […]

  • 20 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    Halliburton has reported a net loss of $643 million, or 76 cents per share, in the quarter, compared with a profit of $622 million, or 73 cents per share, in the year-earlier period. For the first three months of 2015 (Q1 2015), the company recorded an $823 million charge to cover asset writeoffs, inventory writedowns, asset […]

  • 20 January 2015
    Business & Finance, Operations & Maintenance

    Halliburton’s income from continuing operations for the fourth quarter of 2014 was $1.0 billion, or $1.19 per diluted share, excluding restructuring charges of $90 million, after-tax, or $0.11 per diluted share, and Baker Hughes acquisition-related costs of $19 million, after-tax, or $0.02 per diluted share. This compares to income from continuing operations for the third […]

  • 22 August 2013
    Business & Finance

    Global legal practice Norton Rose Fulbright has been recognised as the most highly regarded law firm for energy by Who’s Who Legal 2013. Every year Who’s Who Legal conducts a comprehensive independent survey using recommendations from both general counsel and private practice lawyers worldwide in order to determine those lawyers considered specialists in their practice […]