Baker Hughes trimmed its losses in the second quarter as drilling activity continued to rebound from the pandemic-driven oil bust.
Almost a third of the workers at oil and gas firm Baker Hughes in Montrose are at risk of redundancy.
Baker Hughes’ new North Sea vice president for oilfield services (OFS) has made decarbonising operations one of her key priorities.
The UK competition watchdog is investigating the planned merger of Baker Hughes’ subsea drilling systems business with investment firm Akastor’s MHWirth subsidiary.
Logan Energy, the Scottish hydrogen technology firm, is “hedging its bets” on the global take-off of the low-carbon fuel.
BP, Baker Hughes and Odfjell Drilling have formed a new alliance aimed at boosting production from Clair, western Europe’s biggest oilfield.
Oil and gas company Baker Hughes has made a round of redundancies at its Montrose facility.
Baker Hughes has signed a memorandum of understanding with Egypt’s Petrojet, after meeting Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla.
Subsea UK’s new TV debate style event makes its debut next week, with industry leaders and government panellists exploring how the subsea sector can support the energy transition and the blue economy.
A boss at Baker Hughes is looking with “slight optimism” towards late-2021, early-2022 and the prospect of a pick-up in North Sea activity.
Baker Hughes has been awarded a subsea oilfield equipment contract from Petrobras as part of the Marlim and Voador field revitalization plan in the Campos Basin, offshore Brazil. The contract includes several key technologies from Baker Hughes’ Subsea Connect portfolio and will provide Petrobras with a connected suite of solutions to help drive efficiencies, reduce costs and improve execution speed.
Baker Hughes CEO Lorenzo Simonelli expects spending and activity levels to gain momentum this year, with strong growth to follow in 2022.
A pair of businessmen who held key roles at engineering and consultancy firm Wood have joined a Scottish hydrogen technology business.
Energy service firm Baker Hughes is reshuffling its north-east facilities footprint once more in an effort to “drive synergies” and improve conditions for staff.
Baker Hughes and Horisont Energi have entered into a pact for the Polaris carbon storage project off the northern coast of Norway.
New Fortress Energy has taken a final investment decision (FID) on its Fast LNG plan.
As key contributors to OGUK’s events programme, Lois Wilkinson and Isabella Busch help organise a host of events including the representative body’s annual awards, where members of the next generation achieved industry recognition.
Renewable energy could soon be used to run subsea oil and gas equipment as part of efforts to slash operational emissions.
For a successful energy transition, the world needs the oil and gas industry, with its considerable financial clout, to weigh in.
Baker Hughes and Akastor ASA have announced plans to form a joint venture company to provide global offshore drilling solutions.
A rallying cry for improved digital collaboration was issued to North Sea oil and gas firms during the opening session of Energy Voice’s Virtual Tech Showcase.
Energy services giant Baker Hughes is buying industrial asset management solutions firm ARMS Reliability.
Oilfield service (OFS) companies must decide now whether they are going to stick with hydrocarbons or pivot to low-carbon, a new report said.
The rapid transition under way in energy means that now more than ever the sector must grasp the opportunities presented by technology.
Baker Hughes has closed out its “incredibly challenging” 2020 financial year with pre-tax losses of $15.2billion (£11bn).