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Baker Hughes Company. Baker Hughes Company is an American energy company based in Houston, Texas. As one of the world's largest oil field services companies, it provides products and services for oil well drilling, formation evaluation, completion, production, and reservoir consulting.
CEO, Baker Hughes. Term. February 2017-. Predecessor. Martin Craighead. Board member of. Chairman of the U.S.-Russia Business Council . Board member of CNH Industrial and C3.ai. Lorenzo Simonelli is the Chairman, President and Chief Executive Officer of Baker Hughes, an energy technology company.
At one point, known as BJ Services Company, the company operated in more than 50 countries worldwide. BJ Services generated record revenue of $5.4 billion in fiscal 2008, up 13% from the prior year, and had 18,000 employees. On April 28, 2010, the company was bought by Baker Hughes in a $5.5 billion stock and cash deal.
(Reuters) -Oilfield services firm Baker Hughes Co said on Tuesday it will simplify its organizational structure into two business units from four, starting Oct. 1, a move expected to deliver at ...
The contract marks the first time for Baker Hughes (BKR) to install its ICL decarbonization technology for pipeline compression in North America.
Snam and oilfield service giant Baker Hughes Co have successfully completed tests for a "hybrid" turbine that will allow transportation pipelines to carry hydrogen along with natural gas, the ...
Hughes Tool Company was an American manufacturer of drill bits. Founded in 1908, it was merged into Baker Hughes Incorporated in 1987. History. The company was established in December 1908 as Sharp-Hughes Tool Company when Howard R. Hughes Sr. patented a roller cutter bit that dramatically improved the rotary drilling process for oil drilling rigs.
Revenue from Baker Hughes' oilfield services business, which accounts for about half of total sales, tumbled 26% to $2.41 billion in the second quarter. Baker Hughes has cut its 2020 budget by ...