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HomeBaker Hughes

Baker Hughes

Crude Oil News

U.S. Oil and Gas Drillers Pull Back as Low Oil Prices Bite: Rig Counts Signal Caution

May 30, 2025 Clark Savage

As part of the Sandstone Teams services, we offer a review of oil and gas deals for our clients. We gain valuable insights into actual data points across various fields in the U.S. One key […]

Big Oil Companies

Halliburton, Schlumberger Brace for the Next Oil Slump

May 13, 2025 Clark Savage

All of the majors reported lower earnings for the first quarter. Already, some energy companies active in the shale patch are cutting their drilling budgets for the year. Oilfield services providers are bracing for impact […]

Exports

Baker Hughes booked $1.7 billion in US LNG orders over past two quarters

April 24, 2025 Mariel Alumit

“In the US, the repeal of the LNG permitting moratorium and the Administration’s stated goal of increasing US LNG exports has led to an improvement in orders for US LNG projects,” Simonelli said during the […]

Baker Hughes
Big Oil Companies

Baker Hughes nets pair of Petrobras deals

March 21, 2025 Mariel Alumit

Oilfield services giant Baker Hughes has signed a deal with Brazilian oil and gas major Petrobras to provide fully integrated completion systems as well as an agreement for a definitive solution for stress corrosion cracking […]

Venture Global LNG
LNG

Venture Global LNG awards contracts to Baker Hughes

January 30, 2025 Mariel Alumit

Baker Hughes has been awarded a “major” contract to provide a modularized LNG system and power island to support Venture Global LNG projects in the US, the firm said on Thursday. In addition, 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 […]

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