Halliburton To Cut Further Oil & Gas Jobs At Two US Bases

Published at 05:14PM - 18/09/15

Oil and gas services giant, Halliburton, is to make further cuts at two of its US bases, Offshore Post can confirm.

The firm is to cut 54 jobs from its office in Kern County, California, and a further undisclosed amount from its Duncan base in Oklahoma.

The latest oil and gas job losses come after Halliburton’s announcement in February of job cuts totalling 6,400.

Halliburton is yet another in a long run of oil and gas companies struggling with the crash in oil prices.

Only this week, the London based subsea services firm, Ceona, was the latest casualty, as it went into administration.

A statement released by Halliburton said: “We value every employee we have, but unfortunately we are faced with the difficult reality that reductions are necessary to work through this challenging market environment,”

“Halliburton will continue to monitor the business environment and will adjust the size of our workforce to align with current business demands as needed.”

The job cuts aren’t expected to affect the proposed merger between Halliburton and Backer Hughes.