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BAKER HUGHES INTEQ

Baker Hughes Rig Count Down 7

The number of rigs searching for oil and natural gas in the United States fell by seven to 1,225 during the week ending May 18, according to oil services firm Baker Hughes. Last year the number of U.S. rigs was 841, Baker Hughes said. Meanwhile, the number of rigs exploring for oil and gas in Canada gained 24, compared to 182 last year. The number of rigs in the U.S. Gulf of Mexico fell by four to 160, compared to 135 a year ago.


Halliburton, Baker Hughes Extend DoJ Review Date for Deal

Halliburton, Baker Hughes

  Halliburton Co and Baker Hughes Inc have agreed with the U.S. Department of Justice to extend the date of the department's review of Halliburton's acquisition of Baker Hughes, a deal that would create an oilfield services behemoth. Halliburton has also proposed to "divest additional businesses of the companies" to get regulatory nod for the deal globally, the companies said on Friday. Several big deals, including Comcast Corp's $45 billion offer for Time Warner Cable Inc


Baker Hughes Name New Corporate Treasurer

Mike Sumruld has been named Vice President and Treasurer of the giant oil-field services provider. "Mike brings more than 20 years of diversified financial expertise, international experience and a record of solid performance within Baker Hughes to his new role as Treasurer," said Peter Ragauss, Baker Hughes Senior Vice President and Chief Financial Officer. "We believe this depth of experience will enable him to interact very effectively with our external stakeholders


'Blue Orca' Active in North Sea Well Stimulation

Similar well-stimulation vessel: Photo credit Baker Hughes

Maersk Oil has contracted with well-stimulation vessel owner Baker Hughes for the charter of the 'Blue Orca', currently busy in restoring safe and efficient production to ageing North Sea wells. The Blue Orca incorporates state-of-the-art stimulation technology and unsurpassed treatment capabilities to reduce risk, rig time, and nonproductive time (NPT) while enhancing production and profits. The vessel is specially engineered for North Sea conditions


Baker Hughes helping IOG develop North Sea resource base

Mapping the Arctic Ocean continental shelf Photo Baker Hughes

  Independent Oil and Gas PLC (IOG) is extending its seismic remapping agreement with Baker Hughes’ Reservoir Development Services (RDS) group to better understand resource potential for its Blythe and Cronx/Elgood projects in the Southern North Sea (SNS), with an expected delivery date of late July 2015. “We are pleased to strengthen our relationship with RDS as the initial results from the seismic remapping work are positive,” said Mark Routh


US Oil Drillers Cut Rigs for a 6th Week in 7

U.S. energy firms cut oil rigs for a sixth week in the last seven, data showed on Thursday, a sign drillers were still waiting for higher prices before returning to the well pad.   Drillers removed 2 oil rigs in the week ended Dec. 31, bringing the total rig count down to 536, oil services company Baker Hughes Inc said in its closely followed report.   That decrease brought the total rig count down to about a third of the roughly 1,500 oil rigs operating a year ago


North American Rig Count Up

The number of rigs exploring for oil and natural gas in North America rose by 23 during the week ending October 20, because of a gain of 14 in Canada and helped by an increase of nine in the United States, according to oil services firm Baker Hughes Inc. The number of rigs operating in the United States rose by nine to 1054 compared to 750 a year ago, while the number of rigs in Canada rose by 14 to 352, compared with last year's 292, according to Baker Hughes. In the U.S


Bordelon Marine Awarded Multiple PSV Contract

MV Connor Bordelon

Bordelon Marine has been contracted by Baker Hughes to utilize the first of three 'Stingray'-class 'MV Connor Bordelon' as a well stimulation vessel. The second and third vessels of this class are currently under construction at Bordelon Marine Shipbuilders in Houma, LA. with delivery dates in Q2 2014 and Q1 2015 respectively. Stingray series 260 Class vessels are 257’ x 52’x 18’ DP-2 with a clear deck of 185’ x 44’ (8,140 sqft) and a top speed of 14 knots


Deep Casing Tools Continues Global Growth

Lance Davis

Deep Casing Tools, which has an innovative range of tools designed to land casing and completions at target depth within oil or gas wells, has appointed Jason Henry and Magnus Wardle as Vice-Presidents of Business Development and Technology respectively, further strengthening the global team. Jason has extensive experience in the oil and gas industry, originally joining Baker Hughes in 1986 with operational and project management roles in Europe


US Oil Drillers Cut Rigs to Nov 2009 Lows

U.S. energy firms cut oil rigs for a third week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said Friday, as energy firms keep slashing spending despite crude futures prices jumping roughly 50 percent  since hitting a near 13-year low in February.   Drillers cut 8 oil rigs in the week to April 8, bringing the total rig count down to 354, Baker Hughes said in its closely followed report.  


US Oil Drillers Add Rigs for 2nd Week in a Row

U.S. energy firms this week added rigs drilling for oil for a second week in a row for the first time since August, energy services firm Baker Hughes Inc said on Friday, after crude prices this week rallied to an 11-month high over $51 a barrel.  


US Oil Drillers Add Rigs for Third Week in a Row

U.S. drillers this week added oil rigs for a third week in a row for the first time since August, according to a closely followed report on Friday, as producers seek more drilling permits after crude prices hit an 11-month high over $51 a barrel last week.  


US Oil Drillers Cut Rigs after 3 Weeks of Additions

 U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices pull back after a recent rally to an 11-month high over $51 a barrel.  


“Twiggy” Baker Wins BWT Puerto Escondido Challenge

Courtesy World Surf League

Grant “Twiggy” Baker (ZAF) claimed victory today at the Puerto Escondido Challenge, besting a field of 24 of the world’s best big wave surfers in towering 20-to-35 foot surf off the coast of Mainland Mexico’s Puerto Escondido.


Dantin to Lead Baker Lyman's TSMS Program

Thomas Dantin, Baker Lyman as Chief Consultant for Towing Safety Management Systems (credit: Baker Lyman)

Thomas Dantin Joins Baker Lyman as Chief Consultant for Towing Safety Management Systems. Baker Lyman has announced the association of chief consultant Thomas Dantin, well-versed in the towing and maritime industry. “Thomas has spent 40 years in the maritime industry and brings his wealth


Kelvin Hughes to Supply Radar for Oman Coast Guard

Image: Kelvin Hughes

Kelvin Hughes has been contracted by Rodman Polyships to supply X and S band SharpEye radar systems for a range of new vessels being supplied to the Royal Oman Police Coast Guard (ROPCG).    With its advanced target detection capability


US Drillers Cut Rigs for 14th Week in a Row

U.S. energy firms this week cut oil and natural gas rigs for a 14th week in a row to the lowest level since at least 1940, data showed on Thursday, as energy firms continue to slash spending as part of the deepest energy price rout in a generation.  


Bridge Overhaul for Washington State Ferries

Photo: Furuno

Washington State Ferries (WSF) maintains the largest fleet of ferries in the United States, and the fourth largest in the world. With 23 vessels in operation and two more under construction, WSF transports over 23 million passengers and vehicles a year across 10 routes around the Puget Sound and


SharpEye Radar for Qatari Coastguard Patrol Boats

Image: Kelvin Hughes

Kelvin Hughes is to supply its SharpEye S-band radar together with its new 12kW radar for 17 patrol boats currently being built at ARES Shipyard, Turkey for Qatar’s Coast and Borders Security Department.   All the electronic equipment for the vessels - which include 24m, 34


US Oil Rig Count Falls to November 2009 Lows

U.S. energy firms cut oil rigs for a fourth week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said on Friday, as energy firms keep slashing spending despite a more than 50 percent jump in crude futures since hitting a near 13-year low in February.


SharpEye Radar Installed and Commissioned on SAS Drakensberg

Photo: Kelvin Hughes

Kelvin Hughes, a company in the design and supply of navigation and security surveillance systems, has announced the installation and commissioning of a SharpEye radar system on the South African Navy’s fleet replenishment ship, SAS Drakensberg.  


Maritime Hall of Fame Honors Marine Visionaries

C Duff Hughes (Photo:Maritime Association of the Port of New York & New Jersey)

The 23rd Annual International Maritime Hall of Fame reception and awards dinner took place yesterday evening in New York where five individuals were honored in front of more than 350 of their colleagues from the international maritime transportation industry.


US Oil Drillers Cut Rigs for 8th Week to Oct 2009 Lows

U.S. oil drillers cut rigs for an eighth week in a row to the lowest level since October 2009, oil services company Baker Hughes Inc said Friday, even with futures at six-month highs as some energy firms focus on completing wells rather than drilling new ones.  


US Oil Rig Count Steady for First Time This Year

U.S. energy firms this week kept the number of rigs drilling for oil unchanged for the first time this year, services company Baker Hughes Inc said on Friday, as crude futures trade near a seven-month high.   Drillers kept the number of rigs at 318 in the week to May 20


US Oil Drillers Add Rigs for 2nd Time in 2016

U.S. energy firms this week added rigs drilling for oil for the second time this year, energy services company Baker Hughes Inc said on Friday, after crude prices briefly tested a seven-month high over $50 a barrel over the past two weeks.  






 
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