Baker Hughes has secured a long-term service agreement award from bp for its Tangguh Liquefied Natural Gas (LNG) plant in Papua Barat, Indonesia. This comprehensive 90-month agreement covers spare parts, repair services, and field service engineering support for critical turbomachinery at the facility including heavy-duty gas turbines, steam turbines and compressors for three LNG trains.
Baker Hughes announced today a definitive agreement to acquire Chart Industries in a deal valued at a total of $13.6 billion. Notably, the acquisition will strengthen Baker Hughes’ presence in the LNG and data center sectors.
The oilfield services and energy technology major struck a more upbeat note in its second-quarter report than it did in the report for the first quarter of the year. At the time, Baker Hughes, like many others, was concerned about the impact of President Trump’s trade policies on the business. Now, it appears the worst of the dangers related to tariffs has been averted or at least delayed.
Baker Hughes will acquire Continental Disc Corporation (CDC), a leading provider of safety-critical pressure management solutions, in an all-cash transaction for approximately $540 million, the company announced on Monday.
Baker Hughes has a history of successful integrated P&A projects, as well as its innovative portfolio of Mature Assets Solutions with a proven track record of increasing efficiency, accelerating timelines and reducing total operating costs. Through this integrated P&A program, Baker Hughes will plug and abandon wells and provide project management services on behalf of Equinor.
Baker Hughes announced Wednesday a multi-year contract with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP), to provide integrated coiled-tubing drilling services for the company’s Margham Gas storage project.
The project will provide stability to Dubai’s energy supply by strengthening the system’s ability to switch between natural gas and solar power.
Baker Hughes announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender and will leverage Baker Hughes’ innovative completions technology portfolio and extensive experience in Brazil to optimize production across multiple deepwater fields.
“Baker Hughes has led the way in addressing SCC-CO2, and we will bring that expertise and experience to bear in developing the definitive solution to this critical industry challenge”, Amerino Gatti, executive vice president for Oilfield Services and Equipment at Baker Hughes, said. “By deploying flexible pipe systems that last for decades, Petrobras can more efficiently unlock the vital natural resources that power the region, while also safely returning CO2 deep underground”.
NextDecade Corporation has signed a framework agreement with Baker Hughes to use its gas turbine and refrigerant compressor technology for Train 4 through Train 8 at the Rio Grande LNG facility, the companies announced on Tuesday.
(OE) Energy technology company Baker Hughes has signed ‘significant’ contracts with Petrobras to provide flexible pipe systems that will be deployed across several oil and gas fields offshore Brazil.