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Schlumberger layoffs

Posted on 7/9/10 at 7:11 am
Posted by CajunThriller
Member since Jul 2010
5 posts
Posted on 7/9/10 at 7:11 am
Just heard a rumor that Schlumberger just laid off about 200 people in the gulf. Anybody know if this is true?
Posted by coonarse
Kingwood TX
Member since Nov 2007
394 posts
Posted on 7/9/10 at 7:41 am to
I haven’t heard of layoffs yet, but they are pulling their Frac/Stimulation boats out of the Gulf. Two are going overseas, and they are going to cut up the Deep Stim 3
Posted by crazytigerfan69
everywhere
Member since Apr 2004
5702 posts
Posted on 7/9/10 at 9:12 am to
They are getting two new Frac/Stimulation vessels built, but I believe these are going to Brazil but not positive.
Posted by BROffshoreTigerFan
Edmond, OK
Member since Oct 2007
10004 posts
Posted on 7/9/10 at 9:51 am to
Haven't heard anything, but I've got a few friends that work for them. Making calls now to see if they've heard anything.
Posted by dr smartass phd
RIP 8/19
Member since Sep 2004
20387 posts
Posted on 7/9/10 at 10:11 am to
More hope and change

HOUSTON--(BUSINESS WIRE)--Diamond Offshore Drilling, Inc. (NYSE:DO) today announced that a subsidiary of the Company has entered into a term contract ending June 30, 2011, plus option, with Burullus Gas Company S.A.E. that will immediately mobilize the Ocean Endeavor from the Gulf Of Mexico (GOM) to Egypt.

Diamond Offshore President and CEO, Larry Dickerson, noted, “With new contracting severely restricted in the GOM as a result of the uncertainties surrounding the offshore drilling moratorium, we are actively seeking international opportunities to keep our rigs fully employed. This new contract for the Endeavor will help us preserve backlog, and will allow the previous operator of the rig to satisfy its contractual obligations which extended until June 30, 2011. We greatly regret the loss of U.S. jobs that will result from this rig relocation.”



LINK
This post was edited on 7/9/10 at 10:12 am
Posted by Jobin
Member since May 2009
3588 posts
Posted on 7/9/10 at 10:35 am to
Not necessarily all in the gulf. We've done some reorganizing and they are "streamlining" things in North America. Just learned about this yesterday as I am still a little guy in the company.

ETA: it's probably more like 120-150 as well.
This post was edited on 7/9/10 at 10:36 am
Posted by GREENHEAD22
Member since Nov 2009
20580 posts
Posted on 7/9/10 at 11:58 am to
quote:
"Just about every rig sitting in the Gulf right now is trying to find a way to get out of the Gulf," said Louis Raspino, chief executive of drilling contractor Pride International Inc. (PDE). "In a very, very short period of time we're going to see this industry implode," he said Wednesday at a gathering of the International Association of Drilling Contractors in Houston.
Posted by Eauxkie Tiger
Elk City, OK
Member since Sep 2003
1085 posts
Posted on 7/9/10 at 12:14 pm to
Prolly tied to the Smith merger/ buyout.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29017 posts
Posted on 7/9/10 at 2:14 pm to
Heard the Maersk Developer is being moved by Maersk to West Africa next week.
Posted by bayoudude
Member since Dec 2007
25843 posts
Posted on 7/9/10 at 2:46 pm to
Friend of mine got laid off from a service company who's only client was Schlumberger.
Posted by section301
Member since Jan 2009
190 posts
Posted on 7/9/10 at 3:51 pm to
Dosen't surprise me SLB is always one of the first to layoff.
Posted by TailgatinTigers
NOLA BABY
Member since Sep 2007
704 posts
Posted on 7/10/10 at 9:05 pm to
We (SLB) just did a restructure of all of North America. There were going to be some cuts due to this restructuring. I do not how many were laid off but there were a few. The interesting part is whether or not these employees will have a claim against BP. Some would have lost their job spill or no spill but some jobs were definitely lost because of the MORONtorium.
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