Most recently, Matt McIntosh was the Chevron key account manager for FMC Technologies Inc., handling account strategies, managing regional account teams and leading all sales efforts.
Kay Priestly retired from Turquoise Hill in December 2014, having become CEO in May 2012. Prior to that, she was CFO of Rio Tinto’s global copper product group.
The ABL commitment was reduced from $150 million to $100 million, with an accordion feature to expand up to $175 million. The amendments also enable asset sale initiatives.
Halliburton's proposed acquisition of Baker Hughes ran into regulatory hurdles with the U.S. antitrust enforcers who believe the $35 billion merger will lead to higher prices and less innovation.
Halliburton joins forces with Palantir Solutions, will pay an $18 million Department of Labor fine and continues to market assets as part of its merger with Baker Hughes.
Blackwood takes over for Miguel Bocco Jr., who will continue to serve as chairman of Vepica's board of directors.
U.S. Labor Department said more than 1,000 U.S. employees in 28 job positions were classed as exempt from overtime, Reuters reported. Halliburton was investigated as part of a multiyear compliance initiative.
The second facility in Dimmit County, Texas, also has a mud farm, commercial truck wash and frack tank washout center serving Eagle Ford Shale operators.
Oil and gas companies continue looking for cost cuts as $50 oil makes pre-sanctioned projects uneconomic, an energy consultancy says.
Effective Sept. 21, Integrated Drilling Equipment Inc. will again operate under the name Integrated Electrical Control Systems (IEC Systems).
In order to be able to use cash for extraction technology in Asphalt Ridge, Utah, the debt will be paid with common shares, the company said.
There are exceptions among the businesses that supply oil and gas projects with anything from anti-corrosion paint to computer software that simulates pipeline installation, Reuters said.