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HomeBaker Hughes

Baker Hughes

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 […]

Drilling
Exploration and Production

Drilling slowdown continues across Texas, US

June 5, 2023 Mariel Alumit

Drilling activity continued to slump during the final week of May, led by a decline in Texas activity. Drilling is also being undercut by uncertain commodity prices and oil and gas producers’ continued focus on […]

Oil Drilling Plunges the Most in Two Years With Shale Producers Pulling Back
Crude Oil News

Oil Drilling Plunges the Most in Two Years With Shale Producers Pulling Back

May 21, 2023 Mariel Alumit

Oil drilling is collapsing in the US as producers rein in output, mirroring a recent plunge in rigs searching for natural gas. Rigs targeting crude declined by 11 to 575 this week, according to data […]

Natural Gas
Crude Oil News

U.S. Natural Gas Drilling Collapses At Fastest Fastest Pace Since 2016

May 15, 2023 Mariel Alumit

According to a new report from Baker Hughes Co., the US natural gas sector is rapidly pulling drilling rigs from the field due to oversupply conditions that have led to a collapse in natural gas […]

International News

Baker Hughes scores ‘major LNG order’ for QatarEnergy’s NFS project

April 3, 2023 Mariel Alumit

Home Clean fuel Baker Hughes scores ‘major LNG order’ for QatarEnergy’s NFS project Baker Hughes has received an order from QatarEnergy to supply two main refrigerant compressors (MRCs) for the North Field South (NFS) project. […]

Crude Oil News

U.S. raises the offshore rig count ante

March 20, 2023 Mariel Alumit

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States was on the upswing last week with three units added to the mix. The total number of rigs […]

Oil
EnergyNews

U.S. Oil and Gas Rig Count Falls for Third week in a Row – Baker Hughes

March 3, 2023 Mariel Alumit

​ By Scott Disavino March 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since August, […]

Oil
EnergyNews

U.S. Oil & Gas Rig Count Falls for Second Time in Three Weeks – Baker Hughes

February 20, 2023 Mariel Alumit

​ The oil and gas rig count, an early indicator of future output, fell by one to 760 in the week to Feb. 17. Despite this week’s rig decline, Baker Hughes said the total count […]

Crude Oil News

U.S. Oil and Gas Rig Count Falls by the Most in a Week Since June 2020 – Baker Hughes

February 5, 2023 Mariel Alumit

Feb 3 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed […]

hydrogen
Geothermal

Baker Hughes, FFI to jointly pursue hydrogen, ammonia and geothermal projects

January 31, 2023 Mariel Alumit

Home Clean fuel Baker Hughes, FFI to jointly pursue hydrogen, ammonia and geothermal projects Energy technology company Baker Hughes has signed a memorandum of understanding (MoU) with Fortescue Future Industries (FFI), a subsidiary of Australian […]

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