| Baker Hughes to Acquire BJ Services |
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“The transaction further enhances Baker Hughes’ position as a top-tier global oilfield services company,” said Chad C. Deaton, Baker Hughes chairman, president and chief executive officer. “BJ Services broadens our portfolio by adding products, technologies and talented people that are key to helping our customers unlock value in their reservoirs, particularly in unconventional gas and deepwater fields. It will better position us to drive international growth and to compete for the growing large integrated projects by incorporating pressure pumping into our product offering." Read about the Acquisition at http://www.premieroilservices.com/. |