Baker Hughes Company

Baker Hughes and Akastor ASA have announced an agreement to create a joint venture company that will bring together Baker Hughes' Subsea Drilling Systems business with Akastor's wholly owned subsidiary, MHWirth AS . The Company will deliver a global full-service offshore drilling equipment offering that will provide customers with a broad portfolio of products and services. This press release features multimedia. View the [...]

Baker Hughes has announced it is acquiring ARMS Reliability, a leading global provider of reliability solutions to some of the world's largest industrial companies across a wide range of industries including mining, oil and gas, power, manufacturing, and utilities. The acquisition deepens Baker Hughes' industrial asset performance management capabilities and will expand the company's industrial asset management offerings [...]

Shell , C3 AI , Baker Hughes , and Microsoft today announced the launch of the Open AI Energy Initiative™ , a first-of-its-kind open ecosystem of artificial intelligence -based solutions for the energy and process industries. The OAI provides a framework for energy operators, service providers, equipment providers, and independent software vendors for energy services to offer interoperable solutions, including AI and [...]

Baker Hughes and PAO NOVATEK have signed a cooperation agreement aimed at reducing carbon emissions from natural gas and liquefied natural gas production. The two companies will cooperate on the development and implementation of innovative compression and power generation technology solutions from Baker Hughes for NOVATEK's LNG projects, supporting NOVATEK's emissions reduction, raising efficiency and supporting long-term [...]

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 February 19, 2021 to holders of record on February 9, 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 [...]

Baker Hughes Company announced results today for the fourth quarter and total year 2020. Three Months Ended Variance December 31, 2020 September 30, 2020 December 31, 2019 Sequential Year-over- year Orders $ 5,188 $ 5,106 $ 6,944 2% % Revenue 5,495 5,049 6,347 9% % Operating income 182 331 F % Adjusted operating income 462 234 546 98% % Net income attributable to Baker Hughes 653 48 F F Adjusted net income attributable to [...]

Mr. Little will assist in driving strategic growth in firm's Mid-Atlantic Region Michael Baker International, a global leader in engineering, planning and consulting services celebrating 80 Years of Making a Difference, announced today that Tim Little, P.E., has joined the firm as Regional Practice Lead – Transportation for its Mid-Atlantic Region. Mr. Little will be critical in advancing Michael Baker's position as an [...]

Baker Hughes will hold a webcast on Thursday, January 21, 2021 to discuss the results for the fourth quarter and full year ending December 31, 2020. The webcast is scheduled to begin at 9:00 a.m. Eastern Time . A press release announcing the results will be issued at 7:00 a.m. Eastern Time . To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be [...]

Aramco and Baker Hughes have announced the formation of Novel, a 50/50 Joint Venture to develop and commercialize a broad range of non-metallic products for multiple applications in the energy sector. A ceremony was held today at the project site to commence construction, which was attended by Aramco’s Senior Vice President for Technical Services Ahmad Al Sa’adi and Baker Hughes Chairman and CEO Lorenzo Simonelli. This [...]

- Würth will expand its capabilities to offer its existing global customer base advanced design, digital inventory, and customized additive manufacturing capabilities from Baker Hughes globally - New offering targets the oil and gas, renewables, power generation, maritime, automotive, aerospace, and other industrial sectors - NASA among first customers to benefit from joint service offering INDIANAPOLIS and Würth Industry [...]