Baker Hughes & C3.ai Release BHC3 Production Optimization™
Baker Hughes and C3.ai today announced the launch of BHC3 Production Optimization™, an AI-based application that allows well operators to view real-time production data, better project future production, and help optimize operations for improved oil and gas production rates. The application is the latest addition to the growing portfolio of …
Baker Hughes, C3.ai, and Microsoft Announce Alliance to Accelerate Digital Transformation of the Energy Industry
Baker Hughes, C3.ai, and Microsoft Corp. today announced an alliance to bring enterprise artificial intelligence (AI) solutions to the energy industry on Microsoft Azure, an industry-leading cloud computing platform. This alliance will enable customers to streamline the adoption of scalable AI solutions for the energy industry that help promote safety, reliability, …
BHGE Changes Its Name to Baker Hughes Company
Baker Hughes, a GE company announced today its successful name change to Baker Hughes Company. The Company will be known as Baker Hughes, and on Oct. 18, 2019, its Class A common stock will begin trading on the New York Stock Exchange under the symbol “BKR”. Baker Hughes is uniquely positioned as an energy …
BHGE: GE Owns Less than 50% After Share Offering
Baker Hughes, a GE company (NYSE: BHGE or the “Company”) announced today the closing of a secondary offering (the “offering”) of 132.25 million shares of BHGE Class A common stock, par value $0.0001 per share (the “Class A common stock”) by General Electric Company (“GE”) and GE Oil & Gas …
BHGE: To Drop GE from Company Name and Become Baker Hughes Co
Baker Hughes GE (NYSE:BHGE) will soon shed references to GE in its corporate name and stock ticker, saying it plans to become Baker Hughes Co. with a BKR symbol, as General Electric (NYSE:GE) says it closed the sale of its interests in the company. GE amassed ~$3B in net proceeds from its secondary offering of …
BHGE and C3.ai Announce Release of BHC3 Reliability™
Baker Hughes, a GE company and C3.ai today announced the launch of BHC3 Reliability™, the first artificial intelligence (AI) software application developed by the BakerHughesC3.ai joint venture. Unveiled at BHGE’s annual digital conference, UNIFY2019, the now generally available application uses deep learning predictive models, natural language processing, and machine vision to continuously aggregate …
Baker Hughes, a GE company Became the SPE Russian Petroleum Technology Conference Badges Sponsor
Baker Hughes, a GE company * will sponsor the conference badges for the upcoming 2019 SPE Russian Petroleum Technology Conference that will take place 22-24 October 2019 in Moscow, Russia. SPE would like to express its gratitude and appreciation to Baker Hughes, a GE company for support and cooperation! Don’t …
Baker Hughes, a GE Company Announces Date for Second Quarter 2019 Earnings Release and Webcast
Baker Hughes, a GE company (NYSE: BHGE) will hold a webcast on Wednesday, July 31, 2019 to discuss the results for the second quarter ending June 30, 2019. The webcast is scheduled to begin at 9:30 a.m. Eastern Time (8:30 a.m. Central Time). A press release announcing the results will be issued at 6:45 a.m. Eastern …
Baker Hughes, a GE company and C3.ai Announce Joint Venture to Deliver AI Solutions Across the Oil and Gas Industry
Baker Hughes, a GE company and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital transformation technologies that will drive new levels of productivity for the oil and gas industry. This press release features …
Baker Hughes, a GE Company Announces Fourth Quarter and Total Year 2018 Results
Baker Hughes, a GE company (NYSE: BHGE) (“BHGE” or the “Company”) announced results today for the fourth quarter and total year 2018. Three Months Ended Variance December 31, September 30, December 31, Year-over- (in millions except per share amounts) 2018 2018 2017 Sequential year Orders $ 6,884 $ 5,746 $ 5,701 …