Rumour is that the big man Mark McCollum will be removed from his position next week after some divisions are sold to Schlumberger and Halliburton. No confirmation of which divisions but it will be announced on Monday
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NOTHING is anonymous
Like anything at wft, we talk but no action and 2 weeks later....
The guy didn't say which Monday 🤪
Pure fabricated nonsense!!!
Ya nah ...... even at fire sale prices it’s hard to see any divisions looking appealing to the big fellas. Tidy your cv’s all !
Where was the announcement?
Naw.
Sounds a bit far fetched, only divisions making money are ALS and TRS, can’t see Scumberger or Big Red getting mixed up with those.
Where’s your source? I can’t see any buyout coming until chapter 11 is complete. I don’t know the ins and outs of chapter 11 but would assume that the debt isn’t gone until we are out of it. Therefore why would any competitor risk having to take some of the debt too?