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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 ...
In 1990, the company sold a 71% stake in BJ Services via an initial public offering. On April 28, 2010, Baker Hughes re-acquired BJ Services. [51] In 2017, after the division suffered market share losses, the company sold a majority interest in BJ Services to private equity firms to obtain approval for the merger with GE Oil and Gas. [52]
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.
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 ]
Singapore Petroleum Company Limited, in short SPC, is a Singaporean multinational oil and gas company. It is involved in the exploration and production of petroleum , refining , trading and petroleum product distribution.
Singapore is described as "the undisputed oil hub in Asia". The oil industry is responsible for some five percent of the country's gross domestic product (GDP). [ 1] It generated an estimated S$ 57 billion dollars in 2009. Technology used for oil refinement and trading centres in Singapore is on the cutting edge, and many well-established ...
Vetro Energy. Categories: Energy companies of Singapore. Oil and gas companies by country. Oil and gas companies of Asia by country. Petroleum in Singapore. Natural gas in Singapore.