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 …
Baker Hughes and Akastor ASA Announce Joint Venture Company to Deliver Global Offshore Drilling Solutions
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 …