Chevron Buys Noble

Oil & Gas

Here are some of Rigzone’s top stories during the last week, just in case you missed them…

Chevron’s Noble Deal Could Be New M&A Blueprint

Chevron has struck a definitive agreement to acquire all outstanding shares of Noble Energy, Inc. in an all-stock transaction valued at $5 billion, or $10.38 per share.

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Halliburton Looks Beyond North America

Bloomberg reported that Halliburton is looking away from North America for sales growth as it works its way through the oil bust.

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BJ Services Files Chapter 11

BJ Services has voluntarily filed petitions under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas.

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What to Expect for US Crude Oil Production

The future for the US oil industry could prove much better than some currently realize, according to a Rigzone contributor, who noted that the business is now struggling through and fine tuning to come out stronger on the other side. 

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Halliburton in Microsoft Deal

Halliburton, Microsoft and Accenture have entered into a five-year deal to advance Halliburton’s digital capabilities in Microsoft Azure.

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Baker Hughes Eyes Next Lockdown Risk

Bloomberg reported that Baker Hughes is bracing for a second wave of pandemic-induced lockdowns. Bloomberg also highlighted that Baker Hughes cut its forecast for international customer spending.

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