Baker Hughes and C3 AI today announced that KBC, a wholly-owned subsidiary of Yokogawa Electric Corporation, will deploy artificial intelligence technology from the BakerHughesC3.ai alliance to enhance KBC's existing software portfolio for oil and gas process simulation, supply chain optimization, and energy management. KBC is a leading consultancy and software provider for energy, chemical, and offshore oil and gas [...]
Baker Hughes announced it has deployed its industry-leading remote operations digital technology across Aramco's drilling operations, encompassing 200+ sites, the largest deployment of its kind in Baker Hughes' history. Building upon Aramco's existing industry-leading data management infrastructure and capabilities, this project provides the company with a single solution that covers data aggregation from the edge [...]
Baker Hughes announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on June 4, 2021 to holders of record on May 25, 2021. About Baker Hughes: Baker Hughes is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative [...]
Baker Hughes , an energy technology company, and Bloom Energy , a leader in distributed energy, have announced and agreed to collaborate on the potential commercialization and deployment of integrated, low carbon power-generation and hydrogen solutions to advance the energy transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210505006086/en/ Baker Hughes [...]
Bloom Energy , a leader in distributed energy, and Baker Hughes , an energy technology company, have announced and agreed to collaborate on the potential commercialization and deployment of integrated, low carbon power generation and hydrogen solutions to advance the energy transition. Baker Hughes and Bloom Energy will begin collaborating on potential customer engagements immediately, with the objective of launching [...]
Baker Hughes Company announced results today for the first quarter of 2021. Three Months Ended Variance March 31, 2021 December 31, 2020 March 31, 2020 Sequential Year-over- year Orders $ 4,541 $ 5,188 $ 5,532 % % Revenue 4,782 5,495 5,425 % % Operating income 164 182 % F Adjusted operating income 270 462 240 % 13% Adjusted EBITDA 562 770 594 % % Net income attributable to Baker Hughes 653 U 96% Adjusted net income [...]
Plug Power , Chart Industries, Inc. and Baker Hughes , are announcing their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund , a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects at scale. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210405005199/en [...]
Baker Hughes announced it has entered into a global exclusive licensing agreement with SRI International to use SRI's innovative Mixed-Salt Process for CO2 capture. SRI has received support from the U.S. Department of Energy's Office of Fossil Energy and National Energy Technology Laboratory in developing its MSP technology. The agreement with SRI follows Baker Hughes' acquisition of Compact Carbon Capture announced in [...]
Baker Hughes and Horisont Energi AS have signed a memorandum of understanding for the Polaris carbon storage project off the northern coast of Norway. Under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of carbon capture, transport and storage . This agreement further reinforces Baker Hughes' and Horisont Energi's own [...]
Baker Hughes will hold a webcast on Wednesday, April 21, 2021 to discuss the results for the first quarter ending March 31, 2021. The webcast is scheduled to begin at 8:00 a.m. Eastern Time . A press release announcing the results will be issued at 6:30 a.m. Eastern Time . To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be available on the [...]
Pomerantz LLP is investigating claims on behalf of investors of Baker Hughes Company . Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The investigation concerns whether Baker Hughes and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On February 25, 2021, post-market, Baker Hughes filed its [...]
Pomerantz LLP is investigating claims on behalf of investors of Baker Hughes Company . Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980. The investigation concerns whether Baker Hughes and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On February 25, 2021, post-market, Baker Hughes filed its [...]