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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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