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Tag: baker hughes
Baker Hughes Forms New Tech Alliance To Boost AI Solutions
2019-11-20 14:54:26| OGI
The partnership to streamline the adoption of scalable AI solutions comes at a time when forward-thinking companies are exploring ways to make their operations cleaner, safer and more efficient, says Microsoft exec.
Tags: solutions
tech
forms
alliance
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
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