You people are worried but we can understand the feeling, your soon to be brothers in red are witnessing the exact same things you are. We may soon be merged but we are all in the same sinking ship in the night with no hope in sight but the good Lord almighty, are prayers are with ya'll and your families in this black gold conquest.
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The clock is ticking for the oil companies.
Outside of the US many operators are cancelling or postponing high value projects... a new HAL/BHI organization will be viewed with suspicion by operators especially for high value projects where risk trumps cost.. (no one ever got fired for hiring SLB). SLB will take up any excess capacity in the years to come. You have to ask yourself "if I had to hire a service company, would I hire an unknown quantity with few experienced workers" The future looks uncertain..
Well said and you are correct.
Heard Halliburton will layoff 800 people in Houston in coming weeks.