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Baker Hughes Profit Falls 9% from Q1 as Oilfield Services Demand Remains Tepid

2021-07-21 15:18:44| OGI

Oilfield services provider Baker Hughes Co. said on July 21 its adjusted profit fell 9% in the second quarter from the previous three months and it missed Wall Street estimates for earnings, as crude producers kept a tight lid on spending.

Tags: services remains falls demand

 

Baker Hughes Bags Deal from Petrobras for Flexible Pipes across Five Offshore Fields

2021-06-30 15:55:38| OGI

Baker Hughes has been awarded two flexible pipe contracts by Petrobras in the second quarter of 2021, the company said on June 30.

Tags: deal fields flexible bags

 
 

Baker Hughes Invests in Synthetic Natural Gas Startup

2021-06-29 21:05:00| OGI

As part of the investment, Baker Hughes will acquire a 15% stake in the startup Electrochaea, which the company said will enhance its broader carbon capture and utilization portfolio.

Tags: natural gas baker hughes

 

Baker Hughes Bolsters Energy Transition Commitment with New Carbon Capture Partnership

2021-06-23 21:30:00| OGI

Participation in the new partnership will give Baker Hughes the ability to test and scale its carbon capture, utilization and storage technologies portfolio, the Houston-based company said.

Tags: energy partnership commitment capture

 

Baker Hughes Signs Geothermal Deal with Block Energy

2021-06-15 15:09:11| OGI

Block Energy Plc, a development and production company focused on the country of Georgia, has signed a memorandum of understanding (MoU) with Baker Hughes on June 14.

Tags: energy deal block signs

 

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