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BJ Services Company was a leading worldwide provider of pressure pumping and oilfield services for the petroleum industry. Pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells and in remedial work on existing wells, both onshore and offshore. Oilfield services include ...
HESP: A subsidiary established in 1999 in partnership with Halliburton Energy Service. Its main mission is to conduct logging operations in vertical and horizontal wells. BJSP: A joint venture founded in 1986 in collaboration with BJ Services, an international company based in the United States.
Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
Baker Hughes Inc. (BHI), the world's third-largest oilfield services company, today agreed to snap up smaller rival BJ Services Co. (BJS) for $5.5 billion in cash and stock in an old-school merger.
The Western Company moved from Fort Worth to Houston in 1990. The company featured an innovative oil museum open to the public on the first floor of their office building in Fort Worth, which was moved to Beaumont, Texas. The Western Company of North America was sold to BJ Services in 1995. The founder of the company, Eddie Chiles, died in 1993.
Sapura Energy Berhad(formerly known as SapuraKencana Petroleum Berhad) is a Malaysian integrated oil and gas services company based in Seri Kembangan, Selangor. Sapura Energy trades in over 20 countries, such as China, Australia, United States of America, and those in Western Africa and the Middle East, employing approximately 13,000 people.[4]
The company performed a series of pre-commissioning services on the field's flowlines and umbilicals. Akpo achieved first production in March 2009, and peak production of 175,000 barrels (27,800 m 3 ) of condensate a day and 320 million cubic feet (9.1 million cubic metres ) per day of gas is expected during the fourth quarter of 2009.
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year ...