Baker Hughes

Air Products, a global leader in industrial gases and megaproject development, and Baker Hughes, a world leader in advanced hydrogen compression and gas turbine technology, have announced a strategic global collaboration to develop next generation hydrogen compression to lower the cost of production and accelerate the adoption of hydrogen as …

Rosneft and Baker Hughes have signed a Carbon Management Cooperation Agreement at the XXIV St. Petersburg International Economic Forum. This Agreement confirms the mutual aspiration of Rosneft and Baker Hughes for the joint development, testing and implementation of advanced carbon management technology solutions. The companies will assess the potential of …

Today at the St. Petersburg International Economic Forum President of PJSC LUKOIL Vagit Alekperov and Chairman and CEO of energy technology company Baker Hughes Lorenzo Simonelli have signed a Memorandum on Cooperation. This memorandum provides for the merging of the parties’ efforts, technologies and experience in the production and supply of …

Baker Hughes, an energy technology company, and Bloom Energy, a leader in distributed energy, have announced and agreed to collaborate on the potential commercialization and deployment of integrated, low carbon power-generation and hydrogen solutions to advance the energy transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210505006086/en/ Baker …

Baker Hughes Company announced results today for the first quarter of 2021. “We are pleased with our first quarter results as we generated strong free cash flow, continued to drive forward our cost-out efforts, and took further meaningful steps in the execution of our strategy. During the quarter, TPS delivered …

Plug Power, Chart Industries, Inc. and Baker Hughes, are announcing their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund (“FiveT” or “the Fund”), a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects at scale. This press release features multimedia. View the …

Baker Hughes and Horisont Energi AS have signed a memorandum of understanding (MoU) for the Polaris carbon storage project off the northern coast of Norway. Under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of carbon capture, transport …

Tenaris announced today it has completed the acquisition of onshore hydraulic fracturing and wireline assets from Baker Hughes Argentina, including a pressure pumping fleet, coiled tubing unit and related equipment. Javier Martínez Álvarez, Tenaris President for the Southern Cone stated: “This acquisition will enable us to become a relevant player in …

Baker Hughes and Akastor ASA have announced an agreement to create a joint venture company (Company) that will bring together Baker Hughes’ Subsea Drilling Systems (SDS) business with Akastor’s wholly owned subsidiary, MHWirth AS (MHWirth). The Company will deliver a global full-service offshore drilling equipment offering that will provide customers …

Shell (NYSE:RDS), C3 AI (NYSE:AI), Baker Hughes (NYSE:BKR), and Microsoft (NASDAQ:MSFT) today announced the launch of the Open AI Energy Initiative™ (OAI), a first-of-its-kind open ecosystem of artificial intelligence (AI)-based solutions for the energy and process industries. The OAI provides a framework for energy operators, service providers, equipment providers, and independent software vendors for energy services …