Equinor hands out ‘sand screen’ contracts worth £93m to Tendeka, Baker Hughes
Equinor has signed three-year contracts with Tendeka and Baker Hughes Norge for providing sand screen services worth £92.5 million.
Baker Hughes
Baker Hughes GE enters into deal to boost oil field artificial intelligence
Oilfield service company Baker Hughes GE (BHGE) has entered into a deal to boost artificial intelligence in the oil and natural gas industry.
Oil drops below $54 as global recession, supply concerns mount
Oil closed down in New York for the first time in three days amid rising concerns about the likelihood of a global economic contraction and mounting supplies.
OGUK director ready to stoke up debate at EV breakfast event
An industry leader will look to stoke up the conversation about the UK oil and gas supply chain's ability to prosper in a “new reality” at a sell-out event during OTC week in Houston.
20 energy majors to grace inaugural Energy Exports Conference
Majors including Aramco, BP, Ørsted and Shell will talk about US$150bn of global projects requiring UK products and services
‘Obvious and blatant discrimination’ emerging as offshore issue, Polish worker claims
A Polish offshore worker and accredited crane operator said he was “shocked and annoyed” by offshore recruitment firm Ryan Ship Management’s attempt to exclude Polish staff.
Oil is not ‘sexy’ – industry needs to compete for talent says BHGE
Competing for talent is among the “key challenges” the sector needs to tackle, according to Romain Chambault, European director for oilfield equipment at Baker Hughes GE (BHGE).
Baker Hughes GE closes 2018 with $195 million profit
Despite a dramatic drop in crude oil prices during the fourth quarter, Houston oil field service company Baker Hughes, a GE company (BHGE) closed 2018 with a $195 million profit.
BHGE commits to net zero carbon emissions by 2050
Energy services giant Baker Hughes, a GE company (BHGE) today announced its commitment to eliminating its carbon dioxide emissions by 2050.
BHGE debuts cost-saving tech for offshore projects
Baker Hughes, a GE company (BHGE) has rolled out new technology and a underwater development approach that it says promises to bring down costs and improve the productivity of offshore oil and natural gas projects.
GE makes deal to start selling Baker Hughes ownership sooner
Financially struggling General Electric has struck a deal to start selling its ownership of Houston's Baker Hughes sooner than expected.
Moody’s says oil service debt ‘unsustainable’
Debt levels at oil field services companies have reached "unsustainable" levels, the debt rating agency Moody's Investors Service said in a new report.
BHGE in $550m swoop for Adnoc Drilling stake
Oil field service giant Baker Hughes, a GE company (BHGE) will buy a 5% stake in Adnoc Drilling for $550 million.
GE removes CEO Flannery
Multinational energy conglomerate General Electric (GE) has removed chief executive John Flannery as the firm's financial woes worsen.
U.S. rig count up 7, while Texas loses 3
The U.S. rig count increased by seven over the last week, while Texas lost three rigs.
Well-Centric launches new asset rental division
Aberdeen-based Well-Centric has today announced the opening of a new oil and gas equipment rental division.
BP, BHGE raising efficiency with help of ‘digital twins’
Digital technology pioneered in the Gulf of Mexico will soon be rolled out on BP facilities in the UK North Sea.
ONS 2018: GE divestment decision gives BHGE ‘clarity’, Europe president says
US conglomerate GE’s decision to sell its stake in Baker Hughes, a GE company (BHGE) has given the energy service firm “clarity” on its future, one of its bosses said.
Texas gains three rigs while US count stays flat
Texas gained three drilling rigs over the last week while the U.S. rig count stayed flat.
Cognizant chief to be keynote speaker at ENGenious upstream event
Malcolm Frank, executive vice president and chief strategy officer of Cognizant, has today been announced as the keynote speaker at this year's' ENGenious upstream event.
Baker Hughes, GE invests £3m in Dyce office revamp
A US oil field services giant has moved more than 400 employees into a building in Dyce following a £3 million refurbishment.
Schlumberger and Baker Hughes target oil exploration ‘upcycle’
Schlumberger Ltd., the world’s biggest oilfield services company, and No. 3 Baker Hughes have their sights set in different directions as they move into the second-half of 2018.
GE to sell off stake in Baker Hughes
Multinational energy conglomerate Generel Electric (GE) plans to “fully separate” from the oilfield services subsidiary it acquired in a £23billion deal only a year ago.
Baker Hughes, GE picked for Gorgon subsea supply contract
Baker Hughes, a GE company (BHGE) will supply subsea production equipment to Chevron for the second phase of the Gorgon LNG project off Australia.
Equinor hands out £2.7bn worth of contracts
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.