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
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.
Egypt inks seven decarbonisation MoUs, including Idku flare study
Egypt has struck a number of agreements with energy companies around sustainability and reducing emissions, including at the Idku liquefaction plant.
Baker Hughes boss buoyant on oil and gas outlook as company reports profits of £128m
Baker Hughes, the oil and gas services firm with offices in Aberdeen, has reported pre-tax profits of £127.99 million in its Q3 results.
Industry needs ‘white, middle-class men to step up’, says OEUK D&I lead
For a number of years now, diversity and inclusion (D&I) has been high up on the North Sea oil and gas industry’s agenda.
CMA probes Baker Hughes’ takeover of Altus Intervention
The UK’s Competition and Markets Authority (CMA) is to examine whether Baker Hughes’ acquisition of wells services firm Altus Intervention meets merger regulations.
Oil majors and services giants in running for OEUK Awards 2022
Some of the North Sea’s biggest players have been included on the shortlist for this year’s prestigious Offshore Energies UK (OEUK) Awards.
Mocean, Verlume and Baker Hughes announce subsea wave energy link-up
Scottish firms Mocean Energy and Verlume have announced an agreement with oilfield services giant Baker Hughes on subsea wave power.
Strikes looming at another Baker Hughes UK site
Another Baker Hughes (NASDAQ: BKR) base could be hit by strikes soon as employees prepare to vote on whether to down tools.
Baker Hughes sees ‘some’ job losses amid transformation plan
Baker Hughes (NASDAQ: BKR) has set out a plan to reform its four business lines into two, in a bid to enhance profitability and grow.
Baker Hughes weighs up demolition and sale of Aberdeen base
Baker Hughes (NASDAQ:BKR) has lodged plans for the demolition of its site in Bridge of Don, but said a potential offer has already been received which could secure its future.
UK energy companies paying men 20% more than women, figures show
UK energy firms are paying men around 20.2% more than women on average, according to a new study of the sector's gender pay gap.
Baker Hughes: Strikes still going ahead at Montrose despite new deal
Strikes are still on the cards at Montrose despite Baker Hughes (NASDAQ: BKR) making a new deal for workers.
Baker Hughes sells Russian oilfield services unit to local management
Baker Hughes (NASDAQ: BKR) has signed an agreement to sell its oilfield services business in Russia to its local management team, in the wake of ongoing sanctions.
Baker Hughes workers in Angus vote to down tools amid ‘fire and re-hire’ claims
Baker Hughes workers have voted to pursue strike action over alleged “fire and re-hire” tactics at sites across Angus, despite company claims it has not proposed headcount reductions or redundancies.
Baker Hughes sees ‘unusual circumstances’ for oil market through 2023
Baker Hughes (NASDAQ: BKR) expects an “unusual set of circumstances and challenges” for the oil market through 2023.
Baker Hughes using technology and expertise to crack North Sea puzzle
With pedigree and skills in abundance, Baker Hughes is ideally placed to help solve the two major challenges facing the North Sea.
Baker Hughes denies ‘fire and re-hire’ claims for workers across Aberdeen and Montrose
Baker Hughes has strongly denied claims that hundreds of workers across Aberdeen and Montrose have been told to accept a pay cut or lose their jobs.
New generation of talent will drive net-zero transition
Energy industry is taking steps to attract and nurture best and brightest as it gears up to meet climate challenge and low-carbon imperative