After Paal called bottom of falling prices. The prices went south again. Why is Paal so disconnected with the reality. Surely a federal investigation is needed into his lies to shareholders and employees

Who wanna be a slb supervisor in 3 days? Most of my supervisors got the Job due to their super licking, kissing... powers. But I have a quick way for you to be a supervisor in 3 days. R u ready to receive the info? OK here it is, you have to be very... — read more 

I hear that some NPD Projects at RCPL will be canceled (SRC). Does that mean there might be layoffs? Any one heard any thing. I hear some rumors that a list was made this last week to decide who gets released. Where do we go to see the list?

It is sad to see a high US Citizens percentage getting laid off comparing to other nationalities. Sad story. While most of ex slb employees can't find a job to support their families, aliens having it made to the fullest. Paid vacations, paid... — read more 

This Thanksgiving, give your hard working employees a pink slip. -- Paal

Schlumberger will further reduce its workforce by 6500 in Q4 as part of further cost reduction measures due to decrease in activity. All locations except Norway and France will be impacted.

Annonce that Studio development go to Norway y Noi staff being moved About 50 en Houston now have 30 days to look for job

im also taking iloa since feb this year(d&m). is there anybody who laid off after 12 months?

Should we divest whats left of the legacy Smith Services? Keep Bits, Fluids (toys), Whipstocks, Liners and Rhinos. SLB Engineers can handle sales and deployment of these products . Get rid of everything else. Sell Thomas Tool and the Fishing... — read more 

and they would likely do this fast as oil prices are going down again.

I heard that they are closing D&M ? Haven't been in the schlumberger world since last year, but if true, surprising! can anyone validate?

Discuss!

Just heard Management is looking to close Rankin moving engineers to SRC (Rosharon) and some staff to DynaDrill in Katy. Lathes and pipe yard to be relocated to Rosharon. Rankin yard to be sold by end of 2017. Has anyone else heard this??

Recently I tried to go back to work for SLB after being laid off with them early 2016. During this adventure, promises were made to me regarding the position which made it appealing. I was getting curious, so I checked it out and thought what the... — read more 

Schlumberger HQ announced 25% headcount reduction in the next 2-3 quarters, with half of it to be done before year end. As we see literally no "fat" to cut, this initiative will hurt the company in a long run. Time to buy Schlumberger employees as... — read more 

Have you seen anyone being recalled, who was let go earlier this year

Waiting for some updates from my manager of impact on Schlumberger after GE/Baker announcement

Hello guys. I was one of those who moved out with the first wave of iLOA. No complains, a survived, managing three companies, earning good, thanks to SLB to give me those skills. But I am still curious if anyone called back from iloa?

Are we hiring again? I barely can stay up at work!?

Lots of payraise letters handed out today - Congratulations

I retired early from Smith Bits Ponca City a few years ago because I couldn't stand to watch what they were doing to it. The machines I ran were all worn out and the Italians would not spend any money to rebuild or replace them. I wasn't surprised to... — read more 

General Electric said it's in discussions with Baker Hughes, but not for an outright takeover, following reports that GE was in talks to buy the oil services firm. (iStockphoto) General Electric said it's in discussions with Baker Hughes, but not for... — read more 

IT Layoffs started, this will continue !!!!

Oil prices have been under pressure this week as investors raised doubts over whether an agreement on a production cut between OPEC and non-OPEC members would soon materialize. However, even if a deal over an output cut doesn't emerge soon; one... — read more 

Oil prices edged lower on Friday on doubts about OPEC's planned output cut. Organization of the Petroleum Exporting Countries experts and counterparts from non-member producers such as Russia started two-day negotiations on Friday on limiting output... — read more 

The Macquarie Group puts the chances of OPEC reaching a credible crude output agreement that boosts oil prices at 60 percent, but closely followed investor Dennis Gartman thinks those odds are too generous. The Organization of the Petroleum Exporting... — read more 

Wall Street is expecting to see improvement in quarterly earnings as oil majors begin reporting this week after many of the world's biggest energy companies missed forecasts in the second quarter. The last round was indeed a dramatic one. Exxon Mobil... — read more 

Oil prices dipped early on Friday, weighed down by lingering doubts over whether OPEC can coordinate a crude production cut big enough to rein in oversupply that has dogged markets for two years. International Brent crude oil futures were trading at... — read more 

National Oilwell Varco’s share price reaction National Oilwell Varco (NOV) released its financial results for 3Q16 on October 26, 2016. On that day, its stock price had a slightly positive reaction, increasing ~1.1% to $36.56 from the previous day’s... — read more 

http://www.wsj.com/articles/general-electric-in-talks-to-buy-baker-hughes-1477607865

Lots of rumors about a big layoff middle of November at HFE. Anyone hear anything concrete?

Iraq's insistence that it should be exempt from a proposed deal to limit oil output may sound audacious coming from OPEC's second largest producer, but analysts say it's entirely possible that top exporter Saudi Arabia will give Baghdad a pass. Iraqi... — read more 

Twitter could cut as many as 300 jobs, or about 8 percent of its workforce, as soon as this week, Bloomberg has reported. The Bloomberg report late Monday said that an announcement about the job cuts could come before Twitter releases third-quarter... — read more 

The U.S. has quietly been increasing exports of gasoline to record levels, and that is one factor that could be helping reduce the nation's oil glut on the margin. Last week, the U.S. exported about 5.7 million barrels of gasoline, possibly a record... — read more 

Oil prices were below $50 per barrel on Thursday on doubts OPEC will be able to bring together its members and Russia to organize a coordinated crude production cut. International Brent crude oil futures made a push above $50 per barrel early on... — read more 

The U.S. has quietly been increasing exports of gasoline to record levels, and that is one factor that could be helping reduce the nation's oil glut on the margin. Last week, the U.S. exported about 5.7 million barrels of gasoline, possibly a record... — read more 

Heads will be rolling in SRC and all the CLG centers pretty soon

Ok here's the deal. Smith was a great place to work until Muzzi was put in charge. Cecci is just his puppet. Muzzi said all of Ponca employees were over paid. He is the main reason SII Ponca City is moving. He has been fixing books for years. He is... — read more 

I am from Cameron IT and my H1 workvisa will be expired March 2017, will the SLB renew that? SLB HR is not responding my queries... (Based on Camron's promise earlier I sold my home in Bangalore and came here and bought a home recently in Katy and in... — read more 

More cuts on the drilling side Maersk Drilling announces layoffs at HQ OFFSHORE: Upwards of 70 administrative positions will be eliminated at Maersk Drilling's headquarters as a consequence of the crisis in the oil sector. The company has dismissed... — read more