Equinor said today that it was dishing out new contracts worth £2.7 billion for drilling and well services on many of its fields in Norway.
Baker Hughes, a GE Company (BHGE) today announced a contract to supply turbomachinery equipment for the expansion of Cheniere’s liquified natural gas (LNG) facility in Corpus Christi, Texas.
A £31 million investment in a north-east manufacturing base will deliver a massive boost to the region’s subsea sector, an industry chief said yesterday.
Baker Hughes, a GE company (BHGE) will help develop infrastructure to boost sustainable mobility in heavy duty trucks in Italy.
Baker Hughes, a GE Company, is in talks with Abu Dhabi National Oil Co. to set up a partnership that could lead to the U.S. firm taking a minority stake in the state-owned energy giant’s drilling unit, according to people with knowledge of the matter.
The number rigs actively drilling for oil spiked yet again in the booming Permian Basin, but not in Texas.
Oilfield services firm Baker Hughes, a GE company (BHGE), has posted a substantial revenue jump of over£1.5billion on the same period last year.
Oil companies put cybersecurity initiatives on hold while crude prices languished at multi-year lows in 2015 and 2016, falling behind in hardening their systems while state-sponsored hacking groups only got more proficient at probing U.S. energy networks, security experts say.
The service companies that map underground pockets of oil, drill the wells and lift crude from miles below are generating vast new amounts of data they never before realized could be valuable. But their exploration customers are essentially saying hands off to anything coming out of their wells, including the streams of zeros and 1s.
Baker Hughes and McDermott International said they're partnering to offer integrated offshore energy services in order to better compete with other growing players like Schlumberger and TechnipFMC.
“The more problems that we self-impose by over-reacting to market signals, the harder it will be for us to make this industry attractive,” says Jennifer Hartsock, speaking to EV down the line from Houston.
Houston's Baker Hughes has some breathing room to focus on growth as the energy sector slowly rebounds now that General Electric is affirming its commitment to the oilfield services firm at least until next year.
Operating in some of the world’s most remote locations and under the harshest of conditions including rough seas and extreme temperatures, technologies for oil and gas applications need to meet incredibly high standards.
Houston's Baker Hughes energy services company took in $5.8 billion in fourth-quarter revenues but posted a $29 million loss as it continues to integrate its merger with General Electric's oil and gas business.
Baker Hughes, a GE company's global chief operations officer will leave the company this month.
Industry body Subsea UK has announced the finalists of its 2018 business awards due to be held at the Aberdeen Exhibition and Conference Centre.
The number of oil rigs operating on land and offshore has dropped between October and November.
The number of active drilling rigs jumped up for the second straight week, but the increase of eight rigs is exclusive to those seeking natural gas.
The boss of a major US oilfield service firm has said “disruption” is the order of the day as the sector continues to battle inefficiency.
The heads of two US oil service firms today revealed their fears about a lack of new talent coming into the sector.
The head of a major oilfield service firm has warned against a return to the days of escalating supply chain prices -- and of acting like "drunken sailors".
Baker Hughes, a GE company will buy back up to $3billion of its common units from BHGE and GE.
Newly merged Baker Hughes, a GE company (BHGE) recorded a loss in the third quarter and warned that customers remained “cautious” due to oil price volatility.
A major oil service company is preparing to launch a consultation over job losses in Aberdeen and Montrose.
GE company, Baker Hughes (BHGE), answered a request from Nigeria LNG trains to improve the reliability of services in the African region.