Hints and tips:
...Oilfield services groups Patterson-UTI Energy and NexTier Oilfield Solutions are set to merge, creating one of the US’s biggest drillers as consolidation gains pace in the shale industry....
...On Thursday, Patterson-UTI Energy and NexTier Oilfield Solutions agreed to merge in an all-stock deal that would create a bigger provider with an enterprise value of $5.4bn....
...But facing scepticism, could the solution be even more deals?...
...The North Face refused an order from Innovex Downhole Solutions, a Houston-based oilfield services group, for about 400 company-branded North Face jackets that it intended as gifts for staff....
...The solution increasingly for some: flipping burgers in order to flip an asset later....
...An oil company executive once pointed out to me that the ultimate back-up plan would involve building two interchangeable rigs for each oilfield, an unfeasibly costly solution....
...“After listening to our customers complain about the high fees and confusion associated with transferring money, we knew there had to be a solution,” he said....
...Groups such as Amec, now a powerful oilfield services company, have quit the construction industry to escape this trap. The solution chosen by Balfour, like many others, was to diversify....
...The solution for many companies is to treat and reuse water close to the well-site....
...order books at its desired price range. http://on.ft.com/V2Myfa Citigroup looks to Asian deal activity Vikram Pandit said Citigroup should reap benefits from acquisition-hungry Asian companies while a solution...
...Shares in Baker Hughes , the oilfield services company, fell 2.7 per cent to $50.57 after analysts at several investment banks downgraded the shares....
...Baker Hughes , the oilfield services company, was the biggest loser among the energy stocks and fell 5.8 per cent to $45.04 as it warned first-quarter profits would disappoint....
...That decline has been recently exacerbated by outages at a key North Sea oilfield....
...The discoveries are also attracting numerous other multinationals specialising in research and development and oilfield services....
...Cameron International , the oilfield services company, was down 3.5 per cent to $53.54 as oil prices lost ground while Baker Hughes lost 3.2 per cent to $69.31....
...The gains on Monday came after the company agreed to acquire Global Crossing, the IP solutions provider, in anall-stock offer valued at roughly $1.9bn....
...The more that conventional non-Opec supply is seen as having structural problems, and the more that carbon-intensive solutions such as oil sands and coal-to-liquids are perceived as partial solutions, then...
...Joe Oteng-Adjei, Ghana’s energy minister, told the Financial Times the country was looking for a “win-win” solution to reward investors in Kosmos while maximising Ghana’s potential....
...Wellstream, the oilfield pipe maker, fell 1.1 per cent to 650p after takeover hopes faded....
...Oilexco’s exploration successes include the Huntington oilfield, potentially the biggest find in the North Sea for five years, and the Moth oil and gas field....
...Richard Gordon, president of Gordon Energy Solutions, said Kazakhstan’s demand for improved terms at Kashagan were understandable because production sharing contracts were unfavourable to host governments...
...Dynamic Processing Solutions, based the UK, will participate through an engineering contract, the company confirmed....
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