Is todays news that Weatherford International are about to make a takeover bid for Baker Hughes provide the job security that we all need.
COE Pay Rises for Ops Leads
Rumours that the ops leads received a bumper pay rise to soften the blow of them dropping to 12.5% on the 4x4 day shifts they do. A 10% pay rise on top of the 3.5% that all other minions got is what they have received. And you wonder why the leads... — read more
Management losing touch with reality
I'm just wondering if my manager could do even a quarter of the work he expects me to do. Do they even realize how unrealistic their expectations are? I believe that in other companies in the industry, managers overwhelm employees, but not to... — read more
Job eliminations - the new BH euphemism to avoid layoff or redundancy searches on BH sites on google
Kind of pathetic really, like when they (governments) changed the narrative from global warming to climate change. Does it sound better to refer to job eliminations as COI’s (Cost Out Initiatives? Or is that beyond the pale these days. Doesn’t really... — read more
BH purchase 3 land rigs in Saudi Arabia
Is this a desperate gamble or a stroke of genius ?
Wah, Wah, Wah Wah Wah, Russia bans Western investors from selling banking, key energy stakes
MOSCOW (Reuters) - Russia has banned investors from so-called unfriendly countries from selling shares in key energy projects and banks until the end of the year, stepping up pressure in the sanctions stand-off with the West. Western countries and... — read more
Shell gives its 82,000 staff a bonus equivalent to 8% of their salary
And BH are giving 0.0001% if your lucky.
MBA Future
What's the future of MBA ? Will it remain part of the COE? Open discussion welcome.
Baker Hughes sells Russian oilfield services business
https://www.upstreamonline.com/finance/baker-hughes-sells-russian-oilfield-services-business/2-1-1269434 US contracting giant Baker Hughes has signed an agreement to sell its oilfield services business in Russia (OFS Russia) to its local... — read more
BH are Sloppy and Unimaginative
We give lots of money to consultants and get little in return.
If we don't have an office In Aberdeen....
who runs all the fracking jobs nowadays ?
Is BH "Carbon Neutral" yet. Any figures around ?
Management promised being CN by middle of 2022.
Montrose “fire and re-hire”
Seems the workers are unhappy. https://www.energyvoice.com/oilandgas/north-sea/432028/baker-hughes-workers-in-angus-vote-to-down-tools-amid-fire-and-re-hire-claims/
Montrose
How's the union involvement going in Montrose? Any strikes yet? Unity between both sites? Consultations going well? Can't leave the company because you can't afford it due to fancy cars, big houses, expensive holidays, too many kids, needy... — read more
Any news regarding the remote CoPilot deployment in Poland ?
Can it really be run successfully remotely from India ?
They never take responsibility
It is somewhat fascinating to me how leadership always manages to divert attention from its mistakes to something or someone else. For everything bad that happens someone else is to blame. Blame supply chain, blame employees... just never take... — read more
Poor management
My personal opinion is that the core of this company is rotten. Sometimes I wonder if the management even knows what they are doing?
SLB and HAL
Why is it Schlum and Hal had no problems delivering and even beating estimates this quarter but Baker yet again can’t? This happens quarter and quarter, baker just can’t hit the numbers even as our peers do.
More Pay offs coming
With the ridiculous earnings the company has achieved his quater, shares down 40% , when others are hitting record highs , already fire and rehire started in Aberdeen, pay cuts and lay offs happening for 6 years now honestly why is any one still... — read more
MCB to replace LS ?
That would be funny! Get out while you still can find a safe place to go. Hopefully the ones full of cr-p stay out of the OFS market when this ship sinks; or go work for a major where they don’t do much but drag the OFS companies down. LinkedIn... — read more
Couldn't happen to a better executive group
Sell off the divisions, is that going to be the only way out
I certainly won't be here by then
but I wonder what BH will look like in five years' time? It will be interesting to watch things from a distance.
Does Lorenzo get a mid-year review?
Remember Lorenzo, keep... steering that ship but consider... avoiding icebergs such as investing gobs of capital in autocratic regimes which have disdain for territorial boundaries and property rights. keep jammin' L. !
When will Baker employees get a wage adjustment?
Hal and Slb employees already got a raise.
Another poor quarter
Stacking up
Quality
Very important issues are swept under the carpet here. For example - quality. Declining quality is sure to have a significant negative impact on the company. However, does quality really matter here anymore? Anyone actually worried about the... — read more
BA plant taking first steps to shut down
No surprise. Thanks for the favor BH
Worst mistakes
I feel a little nostalgic every time I remember how this was actually a very solid workplace. There were too many bad assessments and bad leadership decisions and the company is slowly sinking. What do you think were the worst leadership decisions... — read more
Comedy of Errors
We're being lied to on an industrial scale. How very different the BH online corporate propaganda is from the reality of deliberate misinformation. Down here at the coal face you are nothing, not even worthy of being told the truth, you are... — read more
Thoughts on what Lorenzo and Co. learned in 5 yrs with Baker
O&G is built, run, and managed by people who face obstacles head on. It doesn't matter what school, race, religion, creed, gender, how you speak, or what suit you wear. They kept looking for image above substance. MO: find the best sounding, most... — read more
Not getting reorgs right
Too many reorgs here. I understand that they are sometimes necessary because the company tries to keep up with the pace of change. However, it is questionable whether the reorgs here are successful at all, and how much real damage do they cause... — read more
Seriously toxic company
Companies need to do things like this, no one will argue with that, but while OFE and specifically Services is so rife with bullying and so called leaders just worried about covering their own backs who in their right mind would join us... — read more
OMG, another reorg
I can't take the reorgs anymore. One guy shows up, reorgs the place. That lasts for at most 2 years. Then the manager moves on to a new job at another company and leaves a big mess in his wake. It's like living in a blender.
C-Suite Amatuers
Weaker than pond water
Fix this mess
Baker’s IT is poor. Get everyone using one system (preferably SAP). The current mishmash of systems used is inefficient. Since someone else has already mentioned this, could anyone please explain to me why we “have to” have this mishmash? Is it... — read more
Drilling Services market share looking great
Noooooooot! Loot the entire division MCB