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Baker Hughes Continues to Shed Oilfield Assets with SPC Flow Unit Sale

2020-09-10 17:00:00| OGI

The sale follows comments CEO Lorenzo Simonelli made recently about downsizing Baker Hughes oilfield services and equipment portfolio in preparation for the energy industrys transition to a low-carbon future.

Tags: sale unit flow continues

 

Baker Hughes Plots Low Carbon Future as Oil Prices Remain Low

2020-09-08 21:45:18| OGI

The company will continue to downsize its oilfield services and equipment portfolio, CEO Lorenzo Simonelli said at the Barclays CEO Energy-Power conference.

Tags: low future prices remain

 
 

PATH FORWARD: Offshore Market Outlook from Baker Hughes Neil Saunders

2020-07-29 11:30:00| OGI

Neil Saunders, executive vice president of oilfield equipment at Baker Hughes, provides a look at the companys Subsea Connect strategy plus what he sees as the biggest challenge facing the offshore oil and gas industry.

Tags: market forward path outlook

 

Baker Hughes Posts Second-Straight Quarterly Loss as Oil Slump Slams Demand

2020-07-22 15:12:50| OGI

Oilfield services provider Baker Hughes Co. posted its second quarterly loss for the year on July 22 and warned it was preparing for longer volatility after a slump in oil prices crushed demand for its services.

Tags: posts loss oil demand

 

Snam and Baker Hughes test worlds first hydrogen blend turbine for gas networks

2020-07-21 13:55:39| Green Car Congress

Tags: test networks gas baker

 

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