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Red Sea International wins key Baker Hughes contract

December 21, 2023

Red Sea International Company (Red Sea) said it has secured a four-year contract from Baker Hughes one of the world s largest oil field services companies for management of its accommodation facilitie... View more

Adnoc awards $400m low-carbon LNG project deal to Baker Hughes

October 4, 2023

Adnoc has awarded a contract valued at more than 400 million to Baker Hughes through its Nuovo Pignone International legal entity for the supply of all-electric compression systems for the liquefactio... View more

Technip Energies, Baker Hughes ink deal on modular LNG solution

November 18, 2022

Technip Energies and Baker Hughes two of the leading energy technology companies have announced a MoU that sets the groundwork for their cooperation on the joint development of a new above 1 and up to... View more

Adnoc, Baker Hughes to drive UAE sustainable energy future

November 3, 2022

Baker Hughes an energy technology company and the Abu Dhabi National Oil Company (Adnoc) have signed a strategic technology collaboration agreement during Adipec 2022 to explore collaboration opportun... View more

Baker Hughes to sell oilfield services business in Russia

August 3, 2022

Baker Hughes has signed an agreement to sell its oilfield services business in Russia (OFS Russia) to its local management team following its previously announced suspension of new investments for its... View more

EGPC ties up with Baker Hughes to cut emissions from flaring

June 29, 2022

Petrosafe a subsidiary of the Egyptian General Petroleum Corporation (EGPC) will deploy Baker Hughes flare.IQ technology in refinery operations in Egypt to help reduce emissions from oil and gas flari... View more

Baker Hughes and Dussur to form chemicals JV in KSA

March 30, 2022

Baker Hughes and Dussur owned by the Saudi Arabian Public Investment Fund Saudi Aramco and Sabic have signed a joint venture (JV) deal focused on providing oilfield and industrial chemicals in the Kin... View more

Baker Hughes and EGPC tie up on a flare recovery initiative

February 15, 2022

Baker Hughes and Egyptian General Petroleum Corporation (EGPC) will establish and drive a flare recovery initiative to support emissions recovery and reduction across Egypt s upstream and downstream o... View more

Baker Hughes breaks ground on its largest hub at Spark

October 25, 2021

Baker Hughes a global energy technology company has broken ground at King Salman Energy Park (Spark) on the construction of its Oilfield Services (OFS) regional hub its largest assembly maintenance an... View more

Baker Hughes, Sabic deal for asset performance services

September 22, 2021

Bently Nevada a Baker Hughes business and Saudi Basic Industries Corporation (Sabic) have announced a strategic framework alliance agreement for the supply of asset performance management services. Th... View more

Baker Hughes, Lytt partner to spur digital transformation

September 22, 2021

Baker Hughes a global energy technology company and Lytt a provider of software and analytics said they will work together to accelerate the digital transformation of the oil and gas sector by applyin... View more

Baker Hughes completes biggest deployment at Aramco drilling sites

June 1, 2021

Baker Hughes an energy technology company said it has deployed remote operations digital technology across Saudi oil giant Aramco s drilling operations encompassing over 200 sites in what is seen as t... View more

Baker Hughes signs deal to acquire ARMS Reliability

February 18, 2021

Baker Hughes has announced it is acquiring ARMS Reliability a leading global provider of reliability solutions to some of the world s largest industrial companies across a wide range of industries inc... View more

Aramco, Baker Hughes start work on non-metallics JV

December 8, 2020

Aramco and Baker Hughes have announced the formation of Novel a 50/50 joint venture (JV) to develop and commercialise a broad range of non-metallic products for multiple applications in the energy sec... View more

Baker Hughes relocates SPC Projects HQ to Abu Dhabi

November 10, 2020

Baker Hughes announced that it has moved its Surface Pressure Control Projects business (SPC Projects) headquarters from Houston to Abu Dhabi bringing its operations closer to some of the company s st... View more

Baker Hughes wins EPC services deal for Oman gas project

February 25, 2020

Baker Hughes an energy technology solutions provider said it has secured a major contract from Oman LNG to provide engineering procurement and construction (EPC) services for the turbomachinery scope ... View more

Oman LNG awards key deal to Baker Hughes

February 25, 2020

Oman LNG has signed a deal with international energy technology firm Baker Hughes for the engineering procurement and construction (EPC) for the turbo-machinery scope of its debottlenecking project an... View more

Baker Hughes opens wellhead facility in Abu Dhabi

November 14, 2019

Baker Hughes an energy technology solutions provider has opened its new wellhead facility in Abu Dhabi in partnership with its local channel partner Al Ghaith Oilfield Supplies and Services a media re... View more

Baker Hughes wins Saudi Aramco well services contract

December 4, 2018

Leading oilfield services provider Baker Hughes a GE company said it has been awarded a major stimulation and well-testing contract by Saudi Aramco to be a partner in optimising production from new an... View more

Baker Hughes acquires 5pc of Adnoc Drilling for $550m

October 8, 2018

State energy giant Abu Dhabi National Oil Company (Adnoc) has signed a strategic partnership agreement with Baker Hughes a GE Company (BHGE) allowing the world s second-largest services company to acq... View more

Saudi Aramco awards key gas deal to Baker Hughes

December 18, 2017

State oil giant Saudi Aramco has awarded a 175-million contract to leading oilfield services provider Baker Hughes a GE company to drive enhanced production at its Haradh and Hawiyah gas fields in the... View more

Baker Hughes signs power generation deal with Iraqi firm

November 22, 2017

Leading oilfield services provider Baker Hughes a GE company has signed an agreement for the provision of its proven turbine generators to PetroChina International Iraq an affiliate of PetroChina Comp... View more

Baker Hughes to set up big oilfield equipment unit in Algeria

November 9, 2017

Algeria s state energy producer Sonatrach has announced plans to set up a 2 000-sq-m oilfield equipment manufacturing facility in the country s Arzew Industrial Zone in partnership with Baker Hughes a... View more

Baker Hughes wins giant Egypt gasfield contract

September 9, 2017

Leading oilfield services provider Baker Hughes a GE company said it has won a major subsea contract from Egyptian group Petrobel to develop the second phase of the supergiant Zohr Gas Field situated ... View more

Middle East drilling lucrative for Baker Hughes

February 26, 2017

The region that includes the Middle East is Baker Hughes second-largest market in terms of revenue trailing North America. The company that helps explorers drill and maintain oil wells boosted quarter... View more

GE to merge oil unit with Baker Hughes

November 7, 2016

General Electric Co said it would merge its oil and gas business with Baker Hughes creating the world s second-largest oilfield services provider as competition heats up to supply more-efficient produ... View more

GE, Baker Hughes form $32bn new oil services firm

October 31, 2016

GE and Baker Hughes today announced that the companies have entered into an agreement to combine GE s oil and gas business and Baker Hughes to create a world-leading oilfield technology provider with ... View more

GE, Baker Hughes near $30bn energy merger

October 31, 2016

General Electric (GE) is expected to announce today (Ocotber 31) a 30 billion deal to combine its oil-and-gas business with Baker Hughes a Wall Street Journal report said. The deal will create an ener... View more

Baker Hughes tries to reassure investors

May 9, 2016

Baker Hughes sought to reassure investors by announcing a 2.5 billion plan to buy back stock and pay down debt using the breakup fee it will receive following the collapse of its long-stalled takeover... View more

Baker Hughes: cutting through extreme competition

July 27, 2015

The company s wide product and service portfolio is its core strength and a key differentiating factor in the competitive oilfield services industry and services. However intense competition is likely... View more

Rising demand boosts Baker Hughes revenue

July 27, 2015

Oilfield services provider Baker Hughes s quarterly revenue fell less than expected as more and more North American shale oil producers returned to complete wells they had abandoned as crude oil price... View more

Halliburton in $35bn Baker Hughes buy

November 20, 2014

Halliburton Co said it will buy Baker Hughes for about 35 billion in cash and stock creating an oilfield services behemoth to take on market leader Schlumberger as customers curb spending on falling o... View more

Baker Hughes set to resume Iraq oilfield operations

December 2, 2013

Baker Hughes is preparing to resume operations in Iraq after protests in Basra earlier this month prompted the US oilfield services company to stop work at the Rumaila field. We have initiated the res... View more

Schlumberger, Baker Hughes top estimates

October 27, 2013

Increased oilfield activity in US offshore waters and overseas gave a bigger-than-expected lift to profits at Schlumberger and Baker Hughes marking a clear divide with struggling smaller US oil servic... View more

Baker Hughes unveils JewelSuite

March 17, 2013

BAKER Hughes has announced the availability of its JewelSuite 3D geomechanics software system designed to promote better complex field development strategies by enabling users to quickly and accuratel... View more

Baker Hughes sees sharp fall in profit

April 2, 2012

Baker Hughes expects first-quarter profit margins to fall sharply as the disruption of North American clients bailing out from natural gas fields proves rougher than expected for the third-largest oil... View more

Baker Hughes opens research, technology centre in Dhahran

March 12, 2012

The Baker Hughes Dhahran Research and Technology Centre has opened with a focus on new technologies to unlock the potential of unconventional resources. The newly constructed world-class centre is the... View more

Baker Hughes introduces wellbore cleansing system

July 25, 2011

BAKER HUGHES has introduced a wellbore clean-up and displacement system designed to improve efficiency and reduce operational risks in high-cost environments such as deepwater applications; horizontal... View more

Baker Hughes opens Saudi Arabia drill bit manufacturing plant; moves supply chain

March 28, 2011

BAKER Hughes has announced that its new drill bit manufacturing plant in Saudi Arabia is fully operational and delivering industry-leading polycrystalline diamond compact (PDC) bits to the Saudi Arabi... View more

Baker Hughes eyes full recovery in 2012

March 21, 2011

Baker Hughes the third-largest oil field services company sees the potential for surpassing the industry standard for profit margins outside North America as it looks at 2012 and beyond. Chief executi... View more

Choppy results weigh on Baker Hughes’ net

December 12, 2010

Equity analysts have been showering love on Baker Hughes the world s No 3 oil field services provider but some top hedge funds are still afraid the stock might take a bath. Wary of a US drilling slowd... View more

Baker Hughes to buy BJ Services for $4.8bn

September 7, 2009

Oilfield services company Baker Hughes said it would buy smaller peer BJ Services for 4.8 billion to create a one-stop shopping destination for its oil and gas producing customers and better take on t... View more

Shell and Baker Hughes pioneer RTCI technique

July 26, 2009

Baker Hughes and Shell International Exploration and Production have developed a Real-Time Compaction Imaging (RTCI) system that can lead to significant savings in well completions by using fibre opti... View more

Baker Hughes opens new centre in Technopark

April 27, 2008

Baker Hughes Incorporated US-based multinational oilfield supplies giant recently opened its new Regional Centre in TechnoPark in Dubai. The new centre will be an important resource for Baker Hughes g... View more

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