More than 100 Angus workers move to new firm after Baker Hughes sale
The oil and gas company has stressed it remains committed to Montrose despite the move, which it said was taken after an “extensive review”.
Baker Hughes
US LNG producer strikes Baker Hughes deal targeting 100mn tpy
Simonelli said natural gas would be both a bridge and a destination fuel in the energy transition.
Renewables group Zhero garners backing of TotalEnergies, Baker Hughes, Technip
A cohort of major energy sector names have rushed to back renewables developer Zhero Europe in its latest funding round.
SLB, Baker Hughes win drilling work from Invictus
Baker Hughes, working with NOV, will also carry out the directional drilling and logging while drilling (LWD) contracts.
Apache, Baker Hughes and NSMP leaders join OEUK board
The trade body, Offshore Energies UK (OEUK), has announced the appointment of Apache, Baker Hughes and NSMP representatives to its board.
Baker Hughes wins subsea Baleine work
Phase 2 will involve the use of an existing FPSO. Production is due to start by the end of 2024. This will allow Eni to export oil, while it will send gas onshore via a pipeline to power plants.
Baker Hughes buys stake in green hydrogen developer
Baker Hughes will buy a minority holding in hydrogen and ammonia developer ATOME, and will become a partner in its flagship project in Paraguay.
Demolition of former Baker Hughes Aberdeen site under way
The demolition of an energy service firm’s former building in Aberdeen has begun.
Baker Hughes wins FLNG work for Petronas project
JGC and SHI won the $3 billion engineering, procurement, construction and commissioning (EPCC) contract for the ZLNG project in December. The nearshore unit will be based in Sabah.
Baker Hughes sees eight-fold earnings surge in Q1
Baker Hughes has kicked off first quarter earnings for the oilfield services giants.
Baker Hughes and Ocean Installer in global contracts team-up
Baker Hughes (NASDAQ: BKR) and Ocean Installer have announced a global contracts team-up.
Carbon capture and e-fuels the talk of CERAWeek
The demonstration project will use DAC or CO2 captured from industrial emitters. Santos aims to use its existing infrastructure to “generate, liquefy and export” e-methane to Japan.
£2m Scottish project kicks off to trial wave power for subsea equipment
Scottish technology developers are working together on an ambitious project linking wave power and energy storage to power vital subsea equipment.
CMA clears Baker Hughes acquisition in wake of Archer deal
The UK’s competition watchdog has cleared Baker Hughes’ bid to acquire wells specialist Altus Intervention following the sale of a key division, nearly a year after the deal was announced.
Archer to take on Baker Hughes’ UK pumping and tubing unit
Archer has signed definitive agreements with Baker Hughes to acquire its UK coil tubing and pumping (CT&P) business, after a competition investigation prompted the sell-off.
‘We need visibility’: Baker Hughes boss in North Sea call to policymakers
Cambo is positive, Rosebank is positive, says Romain Chambault of Baker Hughes, but Harbour Energy’s windfall tax announcement shows the price of poor policy.
Baker Hughes admits shipping equipment to Russia following calls to ban exports
Oilfield services giant Baker Hughes has admitted shipping equipment to Russia months after sanctions were announced in the wake of the invasion of Ukraine.
BP to bring online five ‘resilient hydrocarbon’ projects in 2023
BP (LON: BP) has said it is on course to deliver five “resilient hydrocarbon” projects this year, as it prepares to report its results for 2022.
Baker Hughes teams up with FFI on geothermal and green hydrogen
Oilfield services giant Baker Hughes (NASDAQ: BKR) has signed a pact with Australia’s Fortescue Future Industries (FFI) to jointly explore development of green hydrogen and geothermal energy.
Record orders crown a major restructuring year for Baker Hughes
Baker Hughes (NASDAQ: BKR) capped its big restructuring year of 2022 with “record” orders during Q4.
Archer and IKM in for Baker Hughes’ pumping and tubing division
A pair of firms are making a play for Baker Hughes’ coil tubing and pumping business, potentially paving the way for its takeover of rival Altus Intervention.
Baker Hughes wins work for Petronas’s giant Kasawari CCS
Baker Hughes will supply carbon dioxide (CO2) compression equipment to Petronas Carigali’s Kasawari offshore carbon capture and storage (CCS) project in Sarawak, Malaysia, after winning a deal with Malaysia Marine and Heavy Engineering (MMHE).
Renewables for Subsea Power project taking shape in Orkney
An initiative aiming to demonstrate the ability of green energy to power subsea oil and gas infrastructure is taking shape in the north of Scotland.
Baker Hughes moots pumping and tubing sell-off to address CMA concerns
The UK’s competition regulator says Baker Hughes’ proposed sale of coiled tubing and pumping assets may be enough to clear its concerns over the acquisition of rival Altus Intervention.
Baker Hughes – Altus takeover could see ‘worse deal’ for UK oil and gas: watchdog
Baker Hughes' (NASDAQ: BKR) takeover of Altus Intervention could lead to “higher prices, reduced choice and lower quality services” in the UK oil and gas sector, competition authorities have warned.