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BP, Halliburton and Transocean settle 2010 Deepwater Horizon claims

2015-05-22 01:00:00| Offshore Technology

BP has settled the 2010 Deepwater Horizon financial claims with US-based oilfield services provider Halliburton and Swiss contract drilling company Transocean.

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Halliburton says has cut 9,000 jobs in wake of oil's drop

2015-04-21 01:04:50| Energy - Topix.net

Halliburton Co. has cut 9,000 jobs - more than 10 percent of its workforce - in about six months and is considering more cost-cutting moves as falling oil prices sap demand for its drilling help.

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Halliburton reports an 'unprecedented decline in drilling...

2015-04-21 00:00:01| Energy - Topix.net

But the big story is the impact the oil plunge, and the subsequent decline in drilling activity, is having on the company. A net loss of $643 million, or 76 cents a share versus a profit of $622m, or 73 cents a share the previous year.

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Halliburton reports 1Q loss

2015-04-20 15:45:40| Energy - Topix.net

Halliburton Co. on Monday reported a first-quarter loss of $643 million, after reporting a profit in the same period a year earlier.

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Halliburton reports 1Q loss on costs tied to oil price slump

2015-04-20 15:34:23| Oil & Gas - Topix.net

Halliburton reported a $643 million loss for its first quarter, as the oilfield services provider continued to adjust to slumping energy prices that have forced layoffs and other cutbacks at companies across the sector. The Houston-based company said Monday that it booked about $823 million in after-tax charges during the quarter tied to asset write-offs, severance costs and other items.

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