Why Halliburton is merging with Baker Hughes The Halliburton Baker Hughes merger will be the largest merger in the history of the oilfield services industry. The original deal was announced in November 2014 and will end up with Halliburton acquiring Baker Hughes for $34.6 billion in stock and cash. Halliburton’s many reasons to merge with Baker Hughes include increased efficiency, technological advantage and market development and penetration. Who are Halliburton and Baker Hughes? Halliburton and
IT Security Top-12 test As part of IT Security compliance, Schlumberger requires that all computer users pass the online Top-12 security test every three years. 1. Protect your computer from theft at all times. 2. Classify and handle client and Schlumberger data properly. 3. Protect your password and other access credentials. 4. Protect data with secure screensavers, encryption and passwords. 5. Ensure antiviruses are current and up-to-date. 6. Ensure your critical data is being backed up. 7. Used
The Fidelity Select Energy Portfolio (“FSENX”) is a mutual fund created in 1981 that is supported and managed by Fidelity Investments. The fund invests primarily in companies in the energy sector, including oil, gas, electricity, nuclear, coal and renewable energy, such as geothermal and solar power. As of early March 2016, about half of the company’s assets are focused on oil and gas [exploration and production] (E&P). The fund is invested in 74 countries, but 91.34% of the company’s holdings are
have to improve yourself through the education. That will impact positively in your career and thinking. One day, group of services companies includes Schlumberger company provided chances to get a job after graduation. Companies nominated a group of students for the test. Then, I passed the test and the interview and got the job in Schlumberger. I was happy for this opportunity until I met my friends in the company, my life changed. People who live around you
In 1839 Abner Doubleday invented a game of physics that he called baseball (A & E Television Networks 1996-2014). Baseball is made up of physics. From hitting the ball to catching, fielding or pitching it. Physics is a needed to make these things happen. Without physics the game that people have grown to love would be nothing. The physics of baseball are very interesting. In baseball pitching probably uses the most amount of physics. The different pitches that a pitcher throws involve physics. Even
Oil prices falling in Houston Every economic situation in any country makes a huge influence in the world, sometimes in some specific cities. In Chapter 1, 2. 4, 5 of macroeconomics we can see the importance of trading markets, the price controls of the products and the principles of the economy of a country. Economy includes the wealth and variety of products a country has, especially in terms of production and consumption of those goods. An example of this goods is oil. Oil has been really important
The leading jewelry company, Tiffany & Co. has been America’s finest jeweler, producing the finest gemstones, china, silver and wedding registry. Because the Tiffany business flourished through the years the company established lifelong experiences, as well as accomplishments. These accomplishments took place from the start of the grand opening at the Tiffany Company. Tiffany’s opened up on the 14th of September in 1837. The United States became the first country to publish Tiffany’s first mail-order
negative press with regards to their directional drilling tactics, which has been giving the industry as a whole a bad name. Outside of the negative press, the competitive rivalry is intense, with several strong competitors in ahead of BHI such as: Schlumberger and Halliburton. Both of these companies have a broader global presence in the field and are much more of a household name within the drilling
Nicholas Woodman is founder and CEO of GoPro, a company founded in 2002. GoPro cameras are dedicated to eliminating the stresses of capturing photos of life’s greatest moments. GoPro has highly versatile cameras that are gear-mountable and are used by millions of consumers, athletes and video production professionals. In 2001, when Woodman’s first business failed, he went on an international surfing trip, which gave him the idea to start an action camera company. In the years that GoPro has been
Obtaining the largest amount of oil possible from an oil reservoir is a task that oil production companies seek to improve. Currently, the recovery of oil can involve three separate phases. These phases include primary, secondary, and tertiary recovery. Tertiary recovery is also called enhanced oil recovery. Both primary and secondary recovery only recover twenty to forty percent of the oil in the ground; however, enhanced oil recovery can recover up to seventy-five percent of oil originally present
This report will talk about being a petroleum engineer. Petroleum Engineering is the topic that will be talked about for this career report. The next paragraphs will talk about how it is to work in that job. It will also talk about how this job pays and the education required being in this job. This paper will also talk more about some of the things that this job has. I Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which
Assignment 1: Compensation Practice The company I chose to research is Chesapeake Energy that is listed on the New York Stock Exchange as CHK. They are the second largest producer of gas in the United States with currently 3,200 plus employees. There are headquartered in Oklahoma City, OK which is also the home of the NBA Oklahoma City Thunder team. As noted, in the “Fortune Magazine report” Chesapeake is ranked 24 as having one of the best compensation packages. Their compensation strategy is
Bahaa Takieddine 1) Vision: The Company's key growth strategies are: to selectively expand its channels of distribution in important markets around the world without compromising the long-term value of the TIFFANY & CO. trademark; to increase sales in existing stores by developing new products; to increase its control over product supply and achieve improved profit margins through direct diamond sourcing and internal jewelry manufacturing; to enhance customer awareness through marketing and public
Overview: British Petroleum, the worlds 3rd largest oil company and a leader in deep-water oil drilling caused one of the worst environmental oil disasters in America’s history. April 20,2012 marks the fateful day that a gas leak caused a subsequent explosion on the Deepwater Horizon oil rig in the Gulf of Mexico. The rig was running on the Mocondo well located 50 miles off the Louisiana coast, and was being leased from Transocean, a Swiss company. The disaster caused irreparable damage to the environment
Figure 12. Birds Nest Aquifer 3D Model - Top view. (National Council of Teachers of Mathematics, n.d.) Created using an isometric drawing tool. (not to scale) Figure 13. Birds Nest Aquifer 3D Model - Bottom view. (National Council of Teachers of Mathematics, n.d.) Created using an isometric drawing tool. (not to scale) METHOD The formula used to get the aquifer is the same general formula used to get the volume for pools and ponds. The result will be given in gallons and will then be converted
Angolan Oil Boom For the past two years Luanda’s economy has grown dramatically. Luanda is the capital in Angola, which is located Africa. The reason Luanda’s economy has boosted so much is due to its oil. The president of Angola, Jose Eduardo dos Santos knew that foreign oil companies would be extremely crucial in order to gain power. In Angola, the government system is primarily vested in the president. The President is the head of the state and the government. Therefore, executive and legislative
amount of money the Caribbean would earn would be smaller, but it would be rather naïve of us to deny that we aren’t desperate. Barbados Government can no longer afford to pay tuition fees for students at UWI and Trinidadians faced job cuts when Schlumberger announced it would cut 9,000 jobs in Trinidad. The decriminalisation of marijuana would not only mean an increase in GDP but also increase in jobs in the region, development of much needed infrastructure and assistance in education, health and
In order to understand the concept of “Professionalism in Oil and Gas Industry” we first must examine the terms “profession” and “professional”. Carr (2000) suggests that wealth, prestige and self-regulation are characteristics of how you determine whether an occupation can be construed to be a Profession. In addition to this, Carr (2000) states that there are five further characteristic that allow you to determine whether an occupation can be said to be a profession and these include:- “professions