Week of turmoil in Aberdeen
25 resignations so far. 24 have been refused and 1 accepted.
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Topics regarding layoffs at Baker Hughes
General Electric gets booted from the Dow
http://money.cnn.com/2018/06/19/investing/ge-dow-jones-walgreens/index.html?section=money_topstories
Any truth in Baker management buy out runout going around Aberdeen this morning?
Would be a great option for the north east if it were to happen
Max Claremore
Rigs were up 1 unit this week to 863 and up from the 747 rigs drilling for oil this week a year ago. Gas-rigs lost 4 units and now total 194. A year ago, 186 units were drilling for gas3BLACKSMAXstates, New Mexico and North Dakota gained 2 units each...
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BHGE is a stock loser for me , lazy incompetent people
I am in deep **** because of this company . I am looking at what fidelity is saying about this company . 1 Valuation 15 overvalued 2 quality 5 way low 3 Growth Stability 34 Low 4 Financial Health 80 Financially healthy My question to you people is...
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Baker to exit North Sea as bankruptcy looms
The company is broke, run into the ground by overpaid underperforming managers. Everything is privately up for sale but who wants to buy a team of losers? Nobody
From GE Board
Chinese acquisition Hearing we may be sold to either CNPC or Sinopec. State-controlled CNPC already owns BGP, the largest seismic and subsurface imaging company in the world. Rumors abound regarding its leading Chinese competitor - Sinopec -...
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Aberdeen economy bouncing back strongly ! The headhunters will be calling you all shortly.
70% of firms are forecasting an increase in profits in 2018. As confidence returns to the sector the lessons learned from the last four years need to be front of mind and innovative thinking needs to remain at the fore. To read the full report and...
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We are number 1
15 year contract coming up from petrobras. Come on BHGE go for this we are the best and the one and only full stream company
Hi Hi Baker Hughes
From all your appreciative employees in Aberdeen.
By by bakerhughes
All the best Sh--’s only the start Loads more ready to jump ship and who can blame them treated like crap . Hourly rate is shocking shifts not much better
Baker Petrolite Canada
What is going on with Baker Petrolite in Canada?? Dropping prices up to 20+% to retain business, going way below market value in places like Manitoba? COG are rising, and they are dropping their pants. Seems a strange way to put money to the bottom...
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Dozens of workers at Lufkin Industries, part of GE Oil and Gas, will be let go this summer with more to follow to the end of the Year.
Dozens of workers at Lufkin Industries, part of GE Oil and Gas, will be let go this summer. facility in Lufkin, Texas (Lufkin is 120 miles northeast of Houston) announced that the facility would be closing, resulting in 78 layoffs. The layoffs will...
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Not long now
Four weeks to go
General Electric pulling out of Iran losing $150 million in bids, Big blow for BHGE.
General Electric (GE -1.1%) plans to end sales of oil and gas equipment later this year in Iran amid the U.S. withdrawal from the nuclear deal, WSJ reports. GE had big ambitions in Iran after sanctions were eased in 2016, and its foreign subsidiaries...
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BoD and the second law of thermodynamics
The second law of thermodynamics states that the total entropy of an isolated system can never decrease over time. The total entropy can remain constant in ideal cases where the system is in a steady state (equilibrium), or is undergoing a reversible...
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BHGE to make multi million pound investment in Aberdeen crating hundreds of jobs - just announced
https://www.energyvoice.com/oilandgas/north-sea/172943/baker-hughes-ges-new-31m-campus-to-create-100-jobs-in-montrose/ Great news for Aberdeen the city of innovation and riches for everybody who wants to work!
$55 a barrel is much more likely from these levels than a breakout up to $80 per barrel.
Published 12 Hours Ago Updated 12 Hours Ago CNBC.com CNBC's Jim Cramer and technician Carley Garner took to the charts to investigate the likelihood of a further drop or a possible rally in oil. The charts suggest that today's weakness in oil is not...
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Oil prices fell the most in 11 months in just a few days and still falling, are we on the way back to 50 dollars!
(Bloomberg) -- Oil prices fell the most in 11 months in New York as Saudi Arabia said it expects OPEC and its partners to boost supplies later this year, easing restraints intact since early 2017. U.S. futures were down 4 percent, the biggest drop...
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Baker Layoffs would like to pass our deepest sympathy with the passing of Neale Cooper and Aberdeen legend
A true Aberdeen legend taken well before his time. RIP
BHGE paid off over 37000 members of staff in just 3 years.
A new report today shows the service company has had to pay off more than 60% of its company in just 3 years and is not finished yet.
TOTAL to cut 300 north east workers. Mark Lammey 24/05/2018, 12:55 pm Evening Express
Total intends to let go of about 300 workers in the north-east following its takeover of Maersk Oil. Meanwhile, BP, ConocoPhillips and Petrofac have all announced redundancy plans which could impact the region. All of the above compaines are clients...
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North Sea oil producer to cut 70 Aberdeen jobs by Mark Lammey 24/05/2018, 12:52 pm The Evening Exspress
A North Sea oil producer said today that it would make 70 employees redundant in Aberdeen. Repsol Sinopec Resources UK (RSRUK) said changes to the way it manages offshore assets had led to the decision. RSRUK is one of several oil companies to have...
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BP to cut around 540 upstream jobs by Allister Thomas 22/05/2018, 1:57 pm
BP has confirmed it plans to cut around 540 jobs from its global upstream business. It is not known how many North Sea jobs will be affected but BP said the 540 roles represent around 3% of its global upstream workforce of 18,000. Staff were told of...
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Is History about to repeat itself?
Oil plumets below $80
It’s nearly a year
Can anyone confirm if we are to receive a new contract when our year is up as BHGE.i was going to approach our HR department this morning but was told you would need to wear a suit of armour to go in there.
He ripe off
Ge is going to take all profits and leave us nouthing salers haven't went up but with unemployment low that will pay price in long run
Oil hits $80! - $400 within sight
We are going to be so rich it will be obscene
Bloomberg predicts recession and they are always right!
https://www.bloomberg.com/view/articles/2018-05-15/recession-often-follows-when-unemployment-hits-a-low
Crude prices up 75% since June 2017
Don’t need this site any more coz we’ll be hiring not firing from here on in
Chemicals(cis) For Sale?
Old leadership out(wasn’t great) , inexperience taking over(throwing people in rolls they aren’t qualified for). Nobody left that actually knows how that product line should operate. Run while you can. Whoever can snatch up the technology could win...
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Oil up to $77 well on it’s way to the projected $300+
Aberdeen to be wallowing in luxury.
Oil at THREE YEAR HIGH!
Multiple high paid open positions at the BoD. Pressure on management to give us salary increases or risk us taking up one of these multiple job offers.
Baker Hughes last night confirmed it was looking to close and consolidate it's Aberdeen facilities
Baker Hughes last night confirmed it was looking to close and consolidate it's Aberdeen facilities The US oilfield services firm has now put it's premises in Aberdeen up for sale. This comes shortly after the organisation previously revealed 45 staff...
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An open letter to BHGE
With oil fast approaching $300+ we stand on the precipice of another golden era in the North Sea. The Granite City will once again attract all kinds of klondike chancers. Let us learn from past mistakes as we grow our resources to match the...
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$300 a barrel was "not impossible" within a few years
https://www.bloomberg.com/amp/news/articles/2018-04-30/oil-hedge-fund-manager-andurand-says-300-oil-not-impossible