Alpha Petroleum recruits manager to spearhead Cheviot development
Alpha Petroleum has appointed a former BG Group engineering chief to spearhead the Cheviot field development in the North Sea.
Baker Hughes
Baker Hughes clinches another Coral contract
Baker Hughes, a GE company (BHGE), has won a second contract for work on Eni's Coral South FLNG development offshore Mozambique.
New North Sea: ‘Put industry on steroids to boost discovery’
The oil and gas industry needs to put itself “on steroids” to make sure it capitalises fully on the fledgling North Sea recovery, a senior figure has said.
Round-up: Mergers and takeovers of the oil sector downturn
Transocean’s planned $3.4billion takeover of Songa Offshore will create one of the world’s biggest offshore vessel contractors.
Baker Hughes lands Iraq infrastructure contract
Iraq and Baker Hughes have signed a contract for infrastructure to assist with the recovery of flare gas.
As Baker Hughes starts trading, analysts worry about growth
Baker Hughes, the newly merged oil field services company, begins trading in New York today. And analysts see growth for the firm on the horizon — though perhaps not as much as Baker Hughes sees.
Opinion: Awaiting the jury’s verdict on new kid Baker Hughes GE
Today, Baker Hughes GE (BHGE) will emerge as the new kid on the block on the New York Stock Exchange (NYSE), signalling the formal merger of Baker Hughes and GE Oil and Gas. This new company packs a real punch with around 70,000 employees in over 120 countries and annual revenues of US$23 billion in 2016.
GE oilfield giant is ready to prosper, if recovery cooperates
General Electric Co.’s new oilfield services behemoth is poised to capitalize on a recovery from the worst crude crash in a generation -- except no one is sure when that will actually happen.
Baker Hughes pulled up over employee participation
The Norwegian offshore safety authority has identified a regulatory non-conformity at Baker Hughes.
Will GE chief’s retirement derail Baker Hughes merger?
The retirement of GE chief executive Jeffrey Immelt should not affect the $32 billion merger of the company’s oil-and-gas division with Houston-based oilfield services firm Baker Hughes, analysts and company officials said on Monday.
EU clears GE Oil & Gas, Baker Hughes merger
The European Commission has cleared the planned merger between Baker Hughes and GE Oil and Gas.
Rig count increases for 19th straight week
Drillers dispatched another seven oil and gas rigs to U.S. fields over the past week, Baker Hughes said Friday, marking the rig count’s 19th consecutive weekly increase.
Halliburton buoyant on US shale resurgence
Oilfield service giant Halliburton's new incoming chief executive claims North America is the firm's "growth story today".
Baker Hughes 10k veteran looks back on 1987 win
Three decades ago, Aberdeen was preparing to host its inaugural Baker Hughes 10k.
Baker Hughes deny Norway downsizing is related to GE merger
Baker Hughes has denied that the downsizing of the firm's Norway arm is related to the proposed merger with GE Oil and Gas.
Baker Hughes expects North America onshore revenue to rise
Baker Hughes said it expects revenue from its onshore business in North America to increase in the first half of the year as customers ramp up drilling activity and pricing improves.
2016: The year of the mega-merger
From Shell and BG to Baker Hughes’ multiple suitors, 2016 saw a major shake-up in sector’s players line-up. Find out who decided to combine their lots and who ditched the talk in the gallery below. Click “Read Article” to see the report in full. 2016 Mergers
Baker Hughes rig count shows US up by 20
The number of rigs operating in the US went up this week, the latest Baker Hughes rig count shows.
Growing confidence in the oil field – is the worst over?
A new report on the oil and gas industry has said the worst is “perhaps” over as it highlights ways large companies in the sector can take advantage of “green shoots of recovery”.
Baker Hughes deal might help GE’s CEO actually earn his awards
General Electric Co. is on a years-long quest to refocus on industrial-equipment manufacturing while shedding its financial operations -- a move that hasn’t been kind to Chief Executive Officer Jeffrey Immelt’s wallet.
GE approached Baker Hughes same day Halliburton merger fell apart
The same day that the $28 billion Halliburton Co.- Baker Hughes Inc. deal collapsed, Lorenzo Simonelli fired off an e-mail to Martin Craighead at Baker Hughes.
General Electric confirms deal to combine oil and gas arm with Baker Hughes
General Electric (GE) yesterday announced a deal to combine its oil and gas business with Baker Hughes, creating an oilfield technology firm with combined revenues of $32billion.
GE, Baker Hughes expected to reveal $30bn link-up on Monday, report says
General Electric (GE) is nearing a deal valued at about $30billion to combine its oil and gas business with Baker Hughes Inc., the Wall Street Journal reported.
GE in talks with Baker Hughes on partnership
General Electric Co. is holding discussions with Baker Hughes Inc. on potential partnerships that would bring together an industrial equipment behemoth with one of the oil industry’s largest service providers.
Baker Hughes post 37.8% revenue drop
Baker Hughes has posted a bigger quarterly loss caused by impairment charges.