Baker Hughes

What do 60,000 sensors on 1,200 pieces of equipment add up to? Hopefully, hundreds of millions of dollars in savings.

GE announced today that it is spinning off Baker Hughes in its strategic plan for growth and shareholder value creation. It plans to focus on aviation, power, and renewable energy.

Cheniere Energy requested issuance of the feedstock permit from FERC by 29 June. The FID for Train 3, estimated at approximately $3 billion, was announced last month. Bechtel got the green light to proceed with EPC work, subcontracting with BHGE for the gas turbines to drive compressors.

Wearable computers are turning heads in the oil and gas industry and appear to be on a trajectory for widespread adoption.

Cold finger tests are a standard method for testing paraffin inhibitors, but there is no standard testing protocol, and sometimes different labs can see inconsistent results. Shell and BHGE studied the root causes of these issues.

The two companies will collaborate to define the technology and equipment scope for an initial four-well development phase for BP’s major West African offshore gas project.

SPE partnered with Baker Hughes, a GE company, in December to hold a session for sharing lessons learned regarding a significant safety incident during the dewatering phase of precommissioning a newly constructed, underwater pipeline.

BHGE shared its plans for the integration of its services, products, and digital platforms for upstream to downstream applications.

SPE’s annual meeting will feature leading executives from Baker Hughes and Devon as well as other industry leaders.

Air Products, BHGE, Norsafe, and Sofec won contracts for Eni’s Coral South FLNG project in Mozambique.