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Baker Hughes Adjusted Profit Rises On Strong Foreign Demand
2019-10-30 14:06:35| OGI
Baker Hughes Co. reported a rise in quarterly adjusted profit on Oct. 30, helped by increased demand for its oilfield services and higher margins for its turbomachinery such as gas turbines and compressors.
Tags: strong
foreign
demand
profit
Baker Hughes Reveals Face-lift Following GE Divestment
2019-10-17 20:00:00| OGI
After a brief stint as Baker Hughes, a GE company, the oilfield services company with a history dating over a century will now be known as Baker Hughes Co.
Tags: baker
reveals
hughes
facelift
GE Begins Divestment Of Baker Hughes With $2.7 Billion Share Sale
2019-09-12 01:25:35| OGI
General Electric Co. (GE) on Sept. 11 said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from 50.4% at June-end, and aims to raise $2.7 billion in the process.
Tags: share
sale
begins
billion
GE To Lose Majority Control Of Baker Hughes With Up To $3 Billion Share Sale
2019-09-11 03:14:35| OGI
General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate's stake in the oilfield services provider to less than 50%, Baker Hughes said on Sept 10.
Tags: control
share
sale
majority
Baker Hughes Awarded Contract And Granted Notice To Proceed With Calcasieu Pass Project
2019-08-21 16:32:06| OGI
The agreement includes Baker Hughes' highly-efficient and reliable modular liquefaction trains, and power generation and electrical distribution equipment for the Calcasieu Pass Project.
Tags: notice
project
pass
contract
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