Law firm Baker Botts LLP has hired nine partners, formerly with Norton Rose Fulbright, in its Houston office. The move strengthens the firm’s services to the energy industry, it said. The partners moving to Baker Botts include Edward Rhyne; David Peterman, former head of Norton’s U.S. mergers and acquisitions (M&A), and securities practices; Robert Phillpott, former head of Norton’s U.S. tax practice; Efren Acosta, former head of Norton’s Houston corporate, M&A and securities practices; Ned Crady; Daniel Mark; Natasha Khan; Ron Scharnberg; and Dan Tristan.
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Articles from Baker
GE Oil & Gas Tie-Up With Baker Hughes Slated For Mid-Year Completion
General Electric (GE) reported “some firming” in the oil and gas market during the final three months of 2016, but the energy unit’s results likely will remain challenged through June, management said Friday.
January 20, 2017
Baker Hughes Launches North American Onshore Pressure Pumper with CSL, Goldman Assist
Baker Hughes Inc. late Tuesday said it was teaming up with a Goldman Sachs unit and a private equity firm to create a pure-play North American land pressure pumping company under the BJ Services Co. brand.
November 30, 2016
Baker Hughes, GE to Create ‘Digital, Industrial’ Oilfield Powerhouse in $32B Deal
In a blockbuster deal worth an estimated $32 billion, General Electric (GE) on Monday agreed to become majority shareholder in a partnership combining its oil and natural gas business with Baker Hughes Inc., creating the second largest oilfield operator in the world.
October 31, 2016
GE Goes Big Into Oilfield Services With $32B Baker Hughes Buy-In
In a blockbuster deal worth an estimated $32 billion, General Electric (GE) on Monday agreed to become majority shareholder in a partnership combining its oil and natural gas business with Baker Hughes Inc., creating the second largest oilfield operator in the world.
October 31, 2016
GE Says Talks Ongoing For ‘Potential Partnerships’ With Baker Hughes
Baker Hughes Inc., still smarting after its mega-merger with Halliburton Co. was scuttled earlier this year, is in talks with General Electric (GE) regarding joint ventures, officials confirmed Friday.
October 28, 2016
‘Fireball’ in North America For Drilling Technology, Longer Laterals, Says Baker Hughes CEO
Baker Hughes Inc. continues to reposition after the failed merger with Halliburton Co. and is focusing more on drilling product innovation, including longer laterals, and less on pressure pumping, a “water and sand” business that requires less expertise, CEO Martin Craighead said Tuesday.
October 25, 2016
Louisiana, Offshore Lead Weekly Rig Gains
In a flip from the previous week’s rig count, the latest tally from Baker Hughes Inc. (BHI) showed offshore rigs making a comeback, gaining eight units, while the land rig category added just three for a total gain of 11 rigs to 508 active in the United States. Louisiana led the states among gainers, and it’s about time.
September 9, 2016
Some Baker Hughes Employees to See Smaller Paychecks Until End of Year
Houston-based Baker Hughes Inc. plans to reduce pay for some of its U.S. staff by 5% beginning in mid-September through the end of the year.
September 2, 2016
Baker Hughes Lays Off 3,000 in 2Q, Expects ‘Slow Grind Upwards For North America’
Responding to declining revenues amid continued commodity price pressures, Baker Hughes Inc. (BHI) looked to cut costs during the second quarter, including 3,000 layoffs as part of an organizational overhaul.
July 28, 2016
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