Baker Hughes, CSL Capital, West Street Energy launch BJ Services
Baker Hughes Inc, CSL Capital Management and West Street Energy Partners said Dec. 30 that BJ Services has launched. BJ Services, of Tomball, Texas, is a land pressure pumping company providing hydraulic fracturing and cementing services. Baker Hughes contributed its North American land cementing and hydraulic fracturing businesses to BJ, according to a Nov. 29 statement. CSL and West Street provided $325 million and together own 53 percent of BJ Services, the statement said. West Street is the Merchant Banking Division of Goldman Sachs.
3 January 2017•2 mins read
