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HomeBaker Hughes

Baker Hughes

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 […]

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, […]

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