The size, location and timing of the layoffs were unclear. These layoffs will incur a pretax restructuring charge of about $350 million in 2015’s fourth quarter, Reuters said.
Norwegian Shipowners' Association said offshore shipping sector employs about 17,000 people. The sector provides platform supply vessels and anchor-handling tug supply craft that tow and position oil rigs, Reuters said.
Earlier this year, Saudi Aramco made a similar request to cut drilling services costs after oil prices tumbled, and also secured lower daily rates for rigs, Reuters said.
The $14.8 billion deal will expand Schlumberger into new territories in subsea and equipment manufacturing.
Poux-Guillame will take over from interim CEO Thomas Dittrich who will return full-time to his role as finance chief after taking temporary charge in August following the departure of Klaus Stahlmann.
Fournier, currently COO and president, has more than 30 years of experience in the engineering and construction service industries, the release said.
Halliburton said it intends to use the net proceeds for general corporate purposes, including financing a portion of the cash consideration component of the Baker Hughes acquisition.
CGG is already cutting 2,000 jobs over two years in order to reduce the workforce to 7,700 people by the end of this year.
Better information helps operators make better decisions in a tough environment. Using prescriptive analystics can make the difference, says Daniel Mohan, senior vice president of marketing for Ayata.
The acquisition was first announced on Aug. 17. Schlumberger Business Consulting’s employees are now part of Accenture, a consulting and technology services company serving upstream companies.
Service companies have built businesses in China more successfully at this point than have upstream firms.
Svein Knudsen became CFO of the company, whose technology supports offshore hydrocarbon searches, in January 2005.