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HomeBaker Hughes

Baker Hughes

OPEC+
Crude Oil News

North America Keeps Losing Rigs

May 20, 2024 Mariel Alumit

North America dropped one rig week on week, according to Baker Hughes’ latest rotary rig count, which was released on May 17. Although the U.S. added one rig week on week, Canada dropped two during […]

Baker Hughes
International News

Baker Hughes to supply liquefaction tech for Canada’s Cedar LNG project

April 8, 2024 Mariel Alumit

US energy services firm Baker Hughes has secured an order from compatriot engineer Black & Veatch to supply the planned Cedar LNG project in Canada with electric driven liquefaction technologies. Baker Hughes said in a […]

North America
Crude Oil News

North America Continues Rig Loss Streak

April 1, 2024 Mariel Alumit

North America’s rig count decreased by 21 week on week, according to Baker Hughes’ latest rotary rig count, which was released on March 28. The region’s rig count now stands at 772, comprising 621 rigs […]

oil and gas rigs
Crude Oil News

US drillers add most oil and gas rigs in a week since September – Baker Hughes

March 18, 2024 Mariel Alumit

March 15 (Reuters) – U.S. energy firms this week added the biggest number of oil and natural gas rigs in a week since September, with the oil rig count also rising to its highest in […]

Oil
Crude Oil News

U.S. Oil and Gas Rig Count Rises to Highest Since September- Baker Hughes

March 4, 2024 Mariel Alumit

U.S. energy firms this week added oil and natural gas rigs for a second straight week to their highest since September, energy services firm Baker Hughes said in its closely followed report on Friday. The […]

LNG
LNG

Baker Hughes won $5.6 billion in LNG equipment orders last year

January 26, 2024 Stu Turley

US energy services firm Baker Hughes booked record $5.6 billion of LNG equipment orders in 2023. The company said the outlook for LNG FIDs over the next few years “remains strong”. Following record LNG equipment orders […]

Baker Hughes
LNG

Glenfarne’s Texas LNG picks Baker Hughes tech, delays FID to 2024

November 13, 2023 Mariel Alumit

Glenfarne Group’s Texas LNG has selected Baker Hughes to supply gas compression technology equipment, including electric motor drives, for its planned 4 mtpa LNG export terminal. As part of the partnership between Texas LNG and […]

TotalEnergies
Exploration and Production

TotalEnergies, Baker Hughes, Technip Energies to develop renewable energy projects in Europe, Africa

August 4, 2023 Mariel Alumit

(WO) – TotalEnergies, Baker Hughes, Technip Energies, Azimut (through the fund Azimut ELTIF – Infrastructure & Real Assets ESG) and other investors have signed preliminary agreement to invest in Zhero Europe to develop large scale […]

Baker Hughes
Earnings

Baker Hughes Q2 Profit Beats Analyst Estimates

July 19, 2023 Mariel Alumit

Oilfield services provider Baker Hughes (NASDAQ: BKR) reported on Wednesday second-quarter earnings beat analyst expectations as strong global upstream activities and the return of offshore drilling more than offset a recent market softness in North […]

Oil
Crude Oil News

Oil Updates — US drillers cut oil and gas rigs for 8th week in a row

June 27, 2023 Mariel Alumit

RIYADH: US energy firms last week cut the number of oil and natural gas rigs operating for an eighth week in a row for the first time since July 2020, energy services firm Baker Hughes […]

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