BHGE

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 …

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 …

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 …

At its 20th Annual Meeting in Florence, BHGE makes commitment to reduce CO2 equivalent emissions 50 percent by 2030 and achieve net zero by 2050 BHGE will support customers’ efforts to reduce the carbon footprint of their operations by investing in its portfolio of lower carbon products and services New and future …

Subsea Connect improves the economics of offshore projects and has the potential to unlock an additional 16 billion barrels of oil reserves globally Aptara™ TOTEX-lite subsea system incorporates lightweight, modular technologies designed for life of field and re-engineered to cut the total cost of ownership in half BHGE’s Subsea Production …

Houston-based Baker Hughes, a GE Company, and Boston-based General Electric Co. are taking the initial steps toward the separation they announced in June. On Nov. 13, the companies announced a series of long-term agreements related to their commercial and technological relationships, according to a press release. They also agreed to release GE …

Baker Hughes, a GE company and General Electric Company jointly announced today the entry into a series of long-term agreements that amend the commercial and technological relationships between the two companies. The Agreements focus on: Long-term collaboration on critical rotating equipment, including aeroderivative and heavy-duty gas turbine technology. BHGE access …

BHGE’s Turbomachinery Process & Solutions team is ready to ship the first in a series of 5 modules assembled at our Avenza yard in Italy, for the TENGIZ project. This first one, weighs more than 3,500 tons and is approximately 60m long, 15m width and 25m high. It was moved …

Baker Hughes, a GE company today announced that its board of directors has elected BHGE President and Chief Executive Officer (CEO) Lorenzo Simonelli as chairman of the BHGE board, effective October 2. Simonelli will continue in his president and CEO role, which he has held since the closing of the …

Baker Hughes, a GE company (NYSE: BHGE) announced today that the transaction combining GE’s oil and gas business with Baker Hughes is complete. The new company is the first and only to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development. Uniquely …