Russia Oil Gas Magazine

Baker Hughes’ Subsea Drilling Systems and MHWirth: Complete Merger to from HMH

The merger of Baker Hughes’ Subsea Drilling Systems business and Akastor’s wholly-owned subsidiary, MHWirth AS, has been completed to form a global offshore drilling equipment company. The new company will be known as HMH (“the Company”), and as previously announced, Baker Hughes and Akastor own equal equity in the Company. HMH …

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