Tag: oilfield services

Houston Matters

Lessons from the Failed Halliburton-Baker Hughes Merger

Posted on · As we learned last week (May 2, 2016), Halliburton and Baker Hughes — two of the world's biggest oilfield services companies — called off their proposed merger, worth around $28 billion. To learn more about why the deal fell through — and about the impact on Houston — is Loren Steffy, managing director for 30 […]

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Why the Halliburton/Baker Hughes Merger Failed: Tuesday’s show (May 10, 2016)

Posted on · Last week (May 2, 2016), Halliburton and Baker Hughes — two of the world's biggest oilfield services companies, headquartered in Houston — called off an estimated $28 billion merger. On this edition of Houston Matters, we discuss why the deal ultimately fell through — and what the impact may be on Houston. We welcome your […]

Houston Matters

Justice Department Sues Halliburton To Stop Acquisition Of Baker Hughes

Posted on · Amid news that the U.S. Justice Department is suing to block the proposed merger of Halliburton and Baker-Hughes, we revisit our conversation from just last month about the possibility this deal could be squelched. Just a couple months ago, during one of our internal weekly pitch meetings to discuss future Houston Matters topics, one of […]

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Wind Power Transmission and Steel Pipe: Monday’s Show (April 4, 2016)

Posted on · A Houston-based company has entered into an agreement with the U.S. Department of Energy (DOE) to carry out a project designed to modernize a portion of the country's electric grid and be able to deliver wind-generated energy from the Texas panhandle, Oklahoma and southwest Kansas to more than 1.5 million homes across several states. DOE […]

Houston Matters

Whatever Happened to the Halliburton-Baker Hughes Merger?

Posted on · Remember how in November 2014, Halliburton and Baker Hughes announced they were merging? The nation’s second and third largest oilfield service companies coming together to the tune of $34.6 billion. Then…nothing. The merger hasn’t happened yet. In the more than 14 months since, crude oil prices have dropped lower than nearly anyone imagined. Both corporations […]

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Halliburton and Baker Hughes: Thursday’s Show (February 4, 2015)

Posted on · Remember how in November 2014, Halliburton and Baker Hughes announced they were merging? The nation’s second and third largest oilfield service companies coming together to the tune of $34.6 billion. Then…nothing. The merger hasn’t happened yet. In the more than 14 months since, crude oil prices have dropped lower than nearly anyone imagined. Both corporations […]