North Sea oil firm set to axe 500 jobs in Aberdeen Union's anger as ConocoPhillips and Petrofac set to shed hundreds of posts. ByCharlie Gall 04:30, 12 APR 2018
Aberdeen is facing a long-term downturn in the oil and gas industry, with another 5,500 jobs expected to be lost
TOM PETERKIN Email Published: 15:49 Wednesday 10 January 2018 Aberdeen is facing a long-term downturn in the oil and gas industry, with another 5,500 jobs expected to be lost. Industry body Oil and Gas UK (OGUK) said attracting fresh investment was... — read more
75!
Oil prices hit $75 on Tuesday, the highest level in nearly three and a half years, as fears mounted over the prospect of new US sanctions on Iran.
Total to shed 250 jobs in Aberdeen post-Maersk takeover
Around 250 Scottish jobs are expected to be lost in Aberdeen at energy firm Total following its takeover of another company. The French energy giant recently completed its acquisition of Maersk Oil in a deal worth more than £5 billion, making it the... — read more
BHGE Aberdeen paid off 183 staff in 30 months.
BHGE to be investigated by operating standards after trying to keep under the radar with redundancys by paying off staff every few months just under the amount of personal that has to be disclosed to the operating standards. In the last 3 years BH... — read more
BHGE to pay off another 10% after shocking first quatar, Bridge of Don and Aberdeen to lose 25 to 30% as more offices close.
What else was ever going to happen when a company 65% smaller than 3 years ago still can't make money. BHGE bottom of the pile and then some.
Oil back at $70
Bridge of Don has multiple open positions, future is bright my friends!
GAAP operating loss of $41 million for the quarter, decreased 63% sequentially and increased unfavorably year-over-year on a combined business.
How can we keep losing so much money? Our company is a total joke. schlumberger make over 550 million in the same period?
Schlumberger $525 million profits in 1Q 2018. " Ha ha 70 million BHGE "
Schlumberger, one of the world’s largest oilfield services providers, recorded an increase in its profit and revenues during the first quarter of 2018 when compared to the same period last year. Namely, the company on Friday posted revenues of $7.8... — read more
Aberdeen still paying off thousands of people. House prices falling and companies going bankrupt the city is dead.
In the last 4 months in Aberdeen more than 2400 oil company jobs have been lost, 4 major hotels have been closed, 3 bars that have all been in Aberdeen for more than 15 years, house prices continue to fall and most are not selling after 2 years on... — read more
Oil at 3 year high
Boom times in Aberdeen
Hopefully Halliburton will come back in and buy us.
GE are just a shambles and a shell of a company.
Wow what a bonus
Just been told what my bonus is. Definitely going to the canteen on Friday should have enough to buy a bacon roll. Thank you BHGE I will double my effort to get our orders out on time
Baker Hughes has grossly underperformed the SPDR S&P 500 ETF (SPY) since April 13, 2017.one-year returns were -22% With oil price at a all time
Baker Hughes, a GE Company’s (BHGE), one-year returns were -22% as of April 12, 2018. In comparison, since April 13, 2017, the Energy Select Sector SPDR ETF (XLE) increased ~2%. XLE tracks an index of US energy companies. The VanEck Vectors Oil... — read more
BHGE’s Oilfield Services segment operating loss , Oilfield Equipment segment decreased 78% in 4Q17 compared to a year ago.
BHGE’s Oilfield Services segment operating loss of $7 million in 4Q16 . In contrast, operating income in the Oilfield Equipment segment decreased 78% in 4Q17 compared to a year ago. BHGE’s operating profit declined 53% in the Turbomachinery & Process... — read more
Neanderthals are an extinct species.
Are Directional Drillers heading down the same evolutionary path ?
Largest Chinese Scrap Metal Broker to lbuy Bake
Looks like this deal will go through this weekend and be formally announced on Tuesday
Casper Wy. The Last Stand
Employees now one.
Congratulations to BoD
Voted best place to work for second consecutive year http://www.greatplacetowork.co.uk/best-workplaces/best-workplaces-in-the-uk-large-category
Corrupt, deceitful useless amatures.
BAKER HUGHES LIMITED The average woman at this company is paid 23.2% less than the average man That's a higher pay gap than the average of all companies that have reported which is 9.7% Women make up 8% of higher-paid jobs and 25% of lower-paid jobs... — read more
10 reasons why I adore the city of Aberdeen
Culture, culture and culture with best street art festival in the country Jobs, jobs and jobs with the best salaries in the country. Anybody can be a millionaire with hard work The worlds best golf course is in Aberdeen People are awesome and super... — read more
Baker hughes explores sale of gas metering business
Baker Hughes explores sale of gas metering business See below BHGE might sell this business, who will be impacted by this ?... — read more
Well done BHGE only minis 799 million at last top pf the table.. for having no money!
The Lowest Oilfield Services Free Cash Earner in 2017 By Alex Chamberlin - Disclosure Mar 29, 2018 | 8:43 PM Baker Hughes’s operating cash flows Baker Hughes, a GE Company’s (BHGE), cash from operating activities (or CFO) was negative in 2017 and... — read more
What's happening with the BH Pressure Pumping division ?
Doing well guys ?
Aberdeen is dying the place is a joke these days.
With over 1700 redunancys just in Aberdeen the last 5 weeks, all drilling and service companys how can anyone say things are better. BHGE shares stop falling as not enough work to take on staff after 65% pay offs?? Aberdeen is like a ghost town... — read more
Amazing! Halli at it again
Https://www.oilandgasontap/halliburtonprimedtobidforgeoilangas.php
BoD advises Sunderland AFC
Recommends implementing Kaizen Blitz process.
Baker Hughes sees much lower margin ls than forecast in January
Baker Hughes sees much lower margin ls than forecast. Mar. 26, 2018 6:56 PM • SA Editor Carl Surran Baker Hughes (NYSE:BHGE) says it expects much lower margins in than predicted in January. More payoff to come to compensate for the poor performance.
More lost contracts in Aberdeen this week
Well done Aberdeen it was a great read this morning, The fact you manage month on month to lose so much work you must be so proud of yourselfs. I wonder how any of you actully ever were employed by BH and its even worse how any of you still have your... — read more
It’s moved again
No bonus until July
Stoneywood managers bad
There. Now you have your very own thread. Troll away.
Housing Market
Will the The Woodlands, TX and Houston TX real estate market recover from the the Oil Industry downturn and continued layoffs that are occurring?
Norway layoff 25 Directional Drillers
new contract lost
What’s the point
Service awards slashed. Your pension is next so much for keeping us updated. Full stream more like full of sh--
Norway require 25 Directional Drillers
new contract won
Predix gone
Layoffs in San Ramon . predix folks asked to leave