HALLIBURTONRussia Oil Gas Magazine

Halliburton Announces Leadership Transition

Halliburton Company today announced its Board of Directors has unanimously elected Jeff Miller, the Company’s president and a board member, to the position of president and CEO. Dave Lesar, who has led Halliburton as chairman and CEO since 2000, will continue serving the Company as executive chairman. The leadership changes …

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Eurasia Journal NewsRussia Oil Gas Magazine

Halliburton and Baker Hughes: Terminate Merger Agreement – BH to Receive $3.5bn

Halliburton Company and Baker Hughes Incorporated today announced that the companies have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. “While both companies expected the proposed merger to result in compelling benefits to shareholders, customers and other stakeholders, challenges in obtaining remaining regulatory approvals …

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Russia Oil Gas Magazine

Halliburton Baker Hughes Merger: Dave Lesar on DOJ Timing Expiry and Extension of Closing Transaction Date

1. What does this press release mean? • Halliburton Company and Baker Hughes today announced that we expect that our timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching a settlement or the DOJ initiating litigation at this time to block their …

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Russia Oil Gas Magazine

Halliburton: To Sell Off Drill Bits, Directional Drilling and MWD/LWD Business Lines as Part of Baker Hughes Merger

Halliburton Company announced it will separately market for sale the company’s Fixed Cutter and Roller Cone Drill Bits, Directional Drilling and Logging-While-Drilling (LWD)/Measurement-While-Drilling (MWD) businesses. The final sale of these businesses will not be completed until we have reached acceptable terms and conditions negotiated by Halliburton, the approval of Halliburton’s Board …

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Russia Oil Gas Magazine

Halliburton and Baker Hughes Merger Receives Shareholder Approval

Halliburton Company today announced that its stockholders approved Halliburton’s proposal to issue shares of Halliburton common stock as contemplated by its merger agreement with Baker Hughes Incorporated. In addition, Baker Hughes today announced that its stockholders adopted the merger agreement and thereby approved the proposed combination of the two companies. …

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