Baker Hughes has closed out its “incredibly challenging” 2020 financial year with pre-tax losses of $15.2billion (£11bn).
Equinor has awarded framework contracts to Altus Intervention and Archer for a range of wireline services on its platforms offshore Norway.
The achievements of the UK oil and gas industry’s leading lights were celebrated in a virtual awards ceremony last night.
Aramco and Baker Hughes have begun construction on a non-metallic joint venture, at the King Salman Energy Park (SPARK).
Baker Hughes has the “most ambitious” emissions reduction targets of the major oil and gas services firms, a new report has found.
Camco Oilfield Services has signed a strategic services agreement with Weatherford, under which it aims to increase its market share in Libya.
Renewable energy technologies and the use of big tech within the oil and gas sector have been accelerated due to the COVID-19 outbreak.
US energy service firm Baker Hughes has bought a Norwegian carbon capture technology specialist.
Trade body Oil and Gas UK has announced the shortlist for this year’s instalment of its prestigious OGUK Awards.
Baker Hughes has shed thousands of jobs in response to the downturn, cutting headcount by 15% so far this year.
He spent many years away from his home city of Aberdeen, but when Bob Gilbert returned it was to play a key role in establishing a new home for a major international firm.
BP, Baker Hughes and Spirit Energy are among those that have made the shortlist for AFBE-UK Scotland's 2020 Diversity and Inclusion Awards.
Baker Hughes has said it remains “intensely focussed" on improving its "margin and return profile" as it stayed deep in the red in the third quarter.
The coming of the Energy Transition era, combined with the Covid-19 and the latest oil price downturn, has made it absolutely imperative for energy companies to show resilience and adaptability.
Qatar Petroleum (QP) has placed an order with Baker Hughes for multiple main refrigerant compressors for the North Field East (NFE) project.
Subsea technology firm Interventek, of Aberdeen, has clinched an eight-figure deal to supply equipment to US energy service giant Baker Hughes.
Now more than ever, our customers in Europe, specifically the North Sea, are demanding technology and solutions to increase the productivity and efficiency of their operations, both to achieve their carbon reduction goals and to navigate the current macro environment.
Should the government stump up some of the cash it was going to pay out for decommissioning ahead of time, in order to get the ball rolling? Decom North Sea thinks so, although other opinions are available. At a time when the national debt is hitting record levels, and a number of sectors are calling for help, the government may not want to help out the oil and gas industry.
The Oil and Gas Authority (OGA) has hosted the first in a series of talks on using green power for Central North Sea platforms.
US energy service firm Baker Hughes slumped to pre-tax losses of £13 billion ($16.5bn) in the first half of 2020, highlighting the severe impact of the Covid-19 pandemic and crude price drop.
A “more diversified” Chrysaor could still be producing 200,000 barrels of oil a day in 2040, according to the firm’s North Sea boss.
North-east Labour MSP Lewis Macdonald has said oil firms receiving UK state support during the Covid-19 pandemic should be duty bound to safeguard jobs.
Africa has been the hardest hit region in terms of rig numbers, according to Baker Hughes’ May data.
With the right leadership, the new working norms created by the Covid-19 lockdown can help advance the “inclusion agenda”, oil industry chiefs said today.
More than 300 people have signed up to attend OGUK’s first-ever D&I webinar to further explore opportunities to improve diversity and inclusion in what remains a challenging landscape for the UK oil and gas industry.