Big layoff last couple days. Rumor is they're closing the OKC office completely.
BH Portlethen
How many workshop guys are left there between the departments?
hopefully
Layoffs in Aberdeen this week hopefully after the first quarter’s results
DS is pulling out of Canada
Good luck folks
Rig Count Crashes Most In 4 Years, Down by 44 , 278 fewer than this time last year
Rig Count Crashes Most In 4 Years As Oil Shock Rocks U.S. Shale By Julianne Geiger - Mar 27, 2020, 12:15 PM CDT Baker Hughes reported that the number of oil and gas rigs in the US fell again this week by 44, falling to 728, with the total oil and... — read more
Is there a hiring freeze
Is Baker Hughes freezing all hiring? I have been having interviews there for the past two months. Then the double whammy of the coronavirus and the oil glut hit. My last interview was last week. I haven't heard anything either way.
Layoffs in Houston
Any layoffs at westway??
USL will chop 45%
45% will be cut for USL. Field hands are already being cut. The office folks. Only first round. Second Round in July.
Pay cut starting in April
Pay cut starting in April. Grade 14 and up 26% 13 and below 20% No bonus pay out in 2020
Layoffs have started
Layoffs have started in North America.
Every oil gas and service company in pay off talks.
This week alone 9 of the biggest companies in oil and gas all confirmed pay offs have started in there companies with many already cutting upto 10 to 20 percent and all said it's just the start.
Baker Aberdeen
K. in lockdown apart from bakers
Enquest abandons two North Sea oil fields
Enquest abandons two North Sea oil fields to withstand price crash The Thistle and Heather oil fields were closed for safety reasons last year The Thistle and Heather oil fields were closed for safety reasons last year ENQUEST Emily... — read more
Decom drill crews today paid off by kca
Platform drill crews today were all handed notice by Kcad. Over 500 north sea staff will go over the next few months as all decommissioning and drilling work in north sea is put on long term hold.
Offshore workers’ jobs at risk in ‘double-edged’ crisis, union warns tens of thousands will lose jobs by Press Association 19/03/2020, 10:20 am
Search Login / RegisterMenu NEWS / SCOTLAND Offshore workers’ jobs at risk in ‘double-edged’ crisis, union warns by Press Association 19/03/2020, 10:20 am Syndicate Post image The RMT union has warned that oil price wars and the public... — read more
North Sea warns oil and virus crises threaten survival
North Sea warns oil and virus crises threaten survival Trade body says sector faces sweeping cuts and is in ‘paper-thin position’ Employees attach hooks from a crane to a set of chains on the quay side, in view of the Ocean Vanguard mobile... — read more
Baker Aberdeen pay offs
All starting again. At least 2 people called yesterday to have the HR meeting only the start.
Apache Responds to Low Oil Prices with upto 0.9 billion in cuts and cutting rigs.
Apache Responds to Low Oil Prices by Andreas Exarheas|Rigzone Staff|Friday, March 13, 2020 email Apache Responds to Low Oil Prices Apache Corporation has announced multiple actions in response to the current oil price environment. Apache... — read more
Prepare For Bankruptcies, Layoffs And A Drilling Slowdown By Tom Kool - Mar 13, 2020, 2:00 PM CDT
Prepare For Bankruptcies, Layoffs And A Drilling Slowdown By Tom Kool - Mar 13, 2020, 2:00 PM CDT Join Our Community Drillers Bankruptcies Oil prices have fallen nearly 50 percent since the start of the year and the short-term outlook isn’t... — read more
Anyone actually got laid off yet?
I’ve heard lots of smaller operators are already planning on laying down rigs, a few have already.
Oil prices will stay near $30 for next 6 months amid Saudi-Russia price war
Goldman Sachs: Oil prices will stay near $30 for next 6 months amid Saudi-Russia price war Daniel Roberts Daniel Roberts Yahoo Finance March 11, 2020, 4:36 pm Crude oil rebounded slightly on Tuesday after a crash on Sunday night that sent... — read more
Oil price sinking- great buying opportunity
Just got a 10 liters at Asda Aberdeen Beach Superstore. Will be worth a fortune once this virus goes away.
Oil and gas industry layoffs - March 2020
What do you expect to happen?
Over 20000 paid off list time happened what do you think Baker will be doing this week and the months too come. Get your desks packed away.
Coronavirus: Biggest drop in oil price since 1991 in new market panic Brent crude tumbles below $30 a barrel at one stage while investors take a wider flight from risk amid the COVID-19 crisis. By James Sillars, Business reporter @SkyNewsBiz ... — read more
Rig Counts in Permian UP
How are rig counts up in the Permian when crude is down 8+%.
More pay offs on the way , Oil prices fall again, on track for biggest weekly drop in over 4 years PUBLISHED THU, FEB 27 2020 10:36 PM EST
Oil prices fall again, on track for biggest weekly drop in over 4 years PUBLISHED THU, FEB 27 2020 10:36 PM EST SHARE KEY POINTS West Texas Intermediate (WTI) crude futures fell 73 cents, or 1.6%, to $56.36 per barrel. U.S. crude has fallen about... — read more
Anybody else not getting paid their overtime (US)?
Why is this happening to me and everyone I talk to?
The woodlands just did a sizable layoff
Me and about 30-35 others just got laid off from The woodland drill bit location . Severance package was decent . Oil and gas field is on a nosedive right now in Houston smh
More payoffs forecast as Goldman Slashes Oil Price Forecast By $10 By ZeroHedge - Feb 14, 2020, 3:00 PM CST
Goldman Slashes Oil Price Forecast By $10 By ZeroHedge - Feb 14, 2020, 3:00 PM CST Just days after OPEC slashed its oil demand forecast as a result of the slowdown in China's economy due to the Covid-19, moments ago Goldman has doubled down on its... — read more
Wonder how more will be cut from Baker as Oil Sinks To Prices Not Seen Since 2018 By Julianne Geiger - Feb 10, 2020, 5:00 PM CST
Oil Sinks To Prices Not Seen Since 2018 By Julianne Geiger - Feb 10, 2020, 5:00 PM CST Market fears and weak oil demand have prompted a continued oil price slide, with both the Brent crude and WTI crude benchmarks falling on Monday to lows not seen... — read more
Aberdeen bonus
Bonus confirmed at 3.5% for shopfloor employees. Happy enough considering results were not that great.