BJC meaning in oil and gas

BJ Services Company was an oil and gas equipment and services company that is now a subsidiary of a large oilfield services company. BJ Services Company is a leading worldwide provider of pressure pumping and oilfield services for the petroleum industry. Pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells and in remedial work on existing wells, both onshore and offshore. Oilfield services include completion tools, completion fluids, casing and tubular services, production chemical services, and precommissioning, maintenance and turnaround services in the pipeline and process business, including pipeline inspection. On April 28, 2010, the company was bought by a large oilfield services company in a $5.5 billion stock and cash deal. Greenhill & Co. advised on the transaction.