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MegadealsSubsidy Tracker: Industry Summary Page
Major Industry: oilfield services and supplies
Subsidy Total: $305,622,451
Number of Awards: 907
Time Period: Earliest year of data: 1995. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this industry are for the period since 2013.
Notes: The total includes only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. Dollar totals do not include awards for which no subsidy value is disclosed.
Top 10 Parent Companies | Total Subsidy $ | Number of Awards |
Baker Hughes | $81,878,842 | 210 |
Schlumberger | $64,734,779 | 171 |
Halliburton | $54,645,490 | 133 |
McDermott International | $27,021,655 | 33 |
TechnipFMC | $20,527,694 | 22 |
Select Water Solutions Inc. | $16,591,269 | 27 |
Weatherford International | $14,038,590 | 32 |
NOV Inc. | $7,229,661 | 47 |
Oceaneering International | $4,521,801 | 8 |
Oil States International | $3,014,217 | 4 |
Individual Subsidy Records:
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Company | Parent | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Halliburton Energy Services, Inc. | Halliburton | United States | federal | 2010 | | $400,000,000 | federal loan or loan guarantee |
Halliburton Energy Services, Inc. | Halliburton | United States | federal | 2008 | | $400,000,000 | federal loan or loan guarantee |
Foster Wheeler Usa Corporation | Wood Group | United States | federal | 2011 | | $405,879,411 | federal loan or loan guarantee |
Noble Drilling Corporation | Noble Corp. | United States | federal | 2012 | | $500,000,000 | federal loan or loan guarantee |
Cbi Americas Ltd | McDermott International | United States | federal | 2011 | | $537,120,803 | federal loan or loan guarantee |
Noble Drilling Corporation | Noble Corp. | United States | federal | 2009 | | $600,000,000 | federal loan or loan guarantee |
Cbi Americas Ltd | McDermott International | United States | federal | 2011 | | $1,521,842,276 | federal loan or loan guarantee |