Sources with knowledge of oilfield giant Weatherford’s plans for its Broussard site off U.S. Hwy. 90 tell ABiz the company has purchased 60 acres behind the facility and hopes to eventually consolidate a number of Louisiana operations there. The Swiss company has offices and facilities spread out across the Broussard/Lafayette area, along with others throughout the state, according to its corporate website.
Weatherford operates in more than 100 countries and employs approximately 50,000 people worldwide. Its product and services portfolio spans the life cycle of a well, including drilling, evaluation, completion, production and intervention.
ABiz was able to confirm that 55,000 square feet is under construction at the Hwy. 90 site, which is in St. Martin Parish.
Buzzy Thomson of Thomson Brothers Construction says the project, an approximately $4 million 40,000-square-foot jar facility and another 15,000-square-foot hub and spoke building, should be complete by mid-January.
Thomson says he is not authorized to speak about any other plans the company may have for the site.
Multiple phone calls to Weatherford facilities in the Lafayette area were not returned.
It does appear that the new facility may pull jobs from outside of the immediate area. Citing three sources who had been briefed on the plans, the Tri-Parish Times newspaper reported July 3 that Weatherford intends to relocate most of its non-manufacturing operations and more than 100 jobs away from Terrebonne Parish by next year. According to the Houma paper:
The relocation could come as soon as February 2013, one employee briefed on the plans said. Roughly 125 jobs would transfer with the company, though current employees who would be affected have been or will be offered positions in the new location, sources said.
Weatherford’s Grand Caillou Road location will likely be shuttered, according to sources. The company’s East Main Street and South Hollywood Road offices are also in the crosshairs, they said. It is unknown what effect the relocation would have on the packaging center on Thompson Road.
The newspaper reported that it is unknown whether the consolidation is an effort to reduce the workforce, increase efficiency or streamline communication among offices.
Steve Vassallo, CEO of the Terrebonne Economic Development Authority, said he has heard only rumors that Weatherford is relocating.
“I didn’t hear anything from (Weatherford),” Vassallo said. “This was third hand, and I haven’t brought it to (Weatherford’s) attention because I don’t like to deal in rumors. I am working with them on another project right now, and if there’s an opportunity next week – because I’ve got to get back with them again – I can certainly raise the issue, but they’ve made no official declaration to TEDA, to my knowledge.”
ABiz left a voice mail message with the Terrebonne Economic Development Authority’s office early Thursday afternoon, but it was not immediately returned.
Read the Tri-Parish Times story here.
Thursday’s explosion aboard an oil production platform in the Gulf of Mexico is now under investigation by the Bureau of Safety and Environmental Enforcement.
Money from the first and only settlement so far in a Louisiana flood board's lawsuit against dozens of energy companies will be placed in a special account dedicated to coastal restoration.
BP is heading to a federal appeals court in its effort to oust the administrator of damage settlement claims arising from the 2010 Gulf of Mexico oil spill.
The 59-41 Senate vote was one shy short of the 60 needed to clear the House-passed measure.
Spot bonuses to employees who go above and beyond on projects one of several reasons national mag calls BR-based biz bank a cool place to work.
The Director Search Committee interviewed the five men still in the running via video last week and is set to trim the field this week.
Telecom’s decision to halt deployment to more than 100 cities while it awaits net-neutrality rules appears to be little more than a temper tantrum.
Environmental (and political) junkies got a double fix when The Lens hosted a discussion between its environmental writer and the lead attorney in the levee board suit.
Follow The IND to hear Lens environmental reporter Bob Marshall's interview with Gladstone Jones, the lead attorney in the lawsuit against the oil and gas companies for coastal damages.
The $35B deal leaves the burning question about what it will mean for the thousands of these two service giants' local employees.
Broussard & David set up shop at the corner of Jefferson and Vermilion.
in light of falling oil prices, Forbes asks, “Will there be more?”
Lake Charles lets Acadiana companies in on the action as our neighbor to the west prepares for unprecedented growth.
A new study analyzes the state of the Lake Charles region and the impact 19 industrial projects will have on residents.
A U.S. magistrate judge calls “garbage” on behavior of attorneys for Progressive Waste Solutions.
The Lafayette food truck scene is slowing down but not stopping.
Lake-area financial institutions seeing green.
As the Lake Charles region ramps up for record-setting growth, ABiz lays out the challenges and opportunities ahead for South Louisiana.
Who was hired and promoted in Acadiana business?
Louisiana’s Ragin’ Cajuns are driving innovation in Louisiana.
The boom is coming, and McNeese is ready for it.
It’s time for Lafayette and Lake Charles to embrace “coopertition.”
We can make Acadiana — in reality and reputation — the best place in the South for a great career in an idyllic family environment.
Lake Charles’ technical community college wasted no time developing programs to prepare the area’s workforce.
With the help of WISE grant funding, SLCC is poised to help meet the region’s exploding demand for skilled workers.